Mission
THE TRUST PROVIDES HEALTH AND WELFARE BENEFITS FOR PARTICIPATING MEMBERS.
Public Charity
ALABAMA BANKERS ASSOCIATION EMPLOYEE BENEFIT TRUST
ALABAMA BANKERS ASSOCIATION EMPLOYEE BENEFIT TRUST, of MONTGOMERY, AL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $7.0M in revenue, $7.0M in expenses, $890K in total assets.
EIN: 836796619
MONTGOMERY, AL
Voluntary Employees Beneficiary Associations (Non-Government)
NTEE: Y43
Latest filing: 2024
Total Revenue$7.0M
Total Expenses$7.0M
Total Assets$890K
Grant Records0
Filing Years2021–2024
Where $100 goes at Alabama Bankers Association Employee Benefit Trust
How Alabama Bankers Association Employee Benefit Trust divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$100
Programs
the work itself
<$1
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 $100 for programs
$100
Collection of participating employer contributions to fund health and welfare plan premiums and administrative expenses
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
DIRECTOR
Guy Davis
DIRECTOR
Jack Hancock
PLAN ADMINISTRATOR
Janice Cox
DIRECTOR
Richard Walters
PRESIDENT & CEO
Scott Latham
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $7.0M | $7.0M | $890K |
| 2023 | $6.7M | $6.7M | $656K |
| 2022 | $11.0M | $10.9M | $677K |
| 2021 | $10.0M | $10.0M | $985K |
Between 2021 and 2024, reported annual revenue declined from $10.0M to $7.0M (-30%), with total assets most recently reported at $890K.
Interactive year-over-year charts and full filing details available with membership.