Public Charity

Farm Credit Benefits Alliance Employee Welfare Benefit Trust

Based in Columbia, SC, Farm Credit Benefits Alliance Employee Welfare Benefit Trust operates as a Public Charity. The organization reported $74.2M in revenue, $74.3M in expenses, $6.4M in total assets for fiscal year 2024.

EIN: 766094055 Columbia, SC Voluntary Employees Beneficiary Associations (Non-Government) NTEE: Y43 Latest filing: 2024
Total Revenue$74.2M
Total Expenses$74.3M
Total Assets$6.4M
Grant Records0
Filing Years2019–2024

Mission

VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION TRUST WHICH HOLDS AND ADMINISTERS FUNDS FOR PAYMENT OF LIFE, SICK, HEALTH, DENTAL, ACCIDENT OR OTHER SIMILAR BENEFITS FOR THE EXCLUSIVE BENEFIT OF PARTICIPANTS OR THEIR DEPENDENTS OR DESIGNATED BENEFICIARIES.

Where $100 goes at Farm Credit Benefits Alliance Employee Welfare Benefit Trust

How Farm Credit Benefits Alliance Employee Welfare Benefit Trust divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
Providing sickness and hospitalization insurance, life insurance and disability insurance benefits to members
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee - Starting 5/3/24 Amie Pala
Trustee Brian E Rosati
Trustee - Through 5/3/24 Brian O'keane
Trustee Douglas S Thiessen
Trustee Evan Kleinhans
Trustee Paxton Poitevint

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $74.2M $74.3M $6.4M
2023 $73.4M $73.7M $6.7M
2022 $61.3M $60.5M $5.3M
2020 $55.6M $55.0M $4.2M
2019 $52.3M $53.0M $3.3M

Between 2019 and 2024, reported annual revenue grew from $52.3M to $74.2M (+42%), with total assets most recently reported at $6.4M.

Interactive year-over-year charts and full filing details available with membership.

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