EIN 64-0802704

Mississippi Bankers Voluntary Employees' Association Plan and Trust

Name: Mississippi Bankers Voluntary Employees' Association Plan and Trust financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(9)

Num. employees

City

Ridgeland

State

Mississippi

Year formed

1954

Most recent tax filings

2023-12-01

NTEE code, primary

Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations

Description

The Mississippi Bankers Voluntary Employees' Association Plan and Trust operates as a Voluntary Employee Beneficiary Association under IRC Section 501(c)(9). Member banks provide premiums that are utilized to fund medical and life insurance coverage for their employees.

Related structure

Mississippi Bankers Voluntary Employees' Association Plan and Trust is a subordinate organization under MS Bankers Association (MBA).

Also known as...

Mississippi Bankers Voluntary Employees Beneficary Association Trust

Total revenues

$24,585,904

2023

Total expenses

$25,166,156

2023

Total assets

$14,648,697

2023

Num. employees

2023

Program areas at Mississippi Bankers Voluntary Employees' Association Plan and Trust

The premiums received from various member banks are used to pay for medical and life insurance for the employees of the member banks.

Personnel at Mississippi Bankers Voluntary Employees' Association Plan and Trust

Name	Title	Compensation	Date of data
Gordon Fellows	President and Chief Executive Officer	$0	2024-10-26
Amy Davis	Senior Vice President , Operations		2024-10-26
Eric Bennett	Director , Government Relations		2024-10-26
Amanda Manning Markow	Communications Manager		2024-10-26
Brooke McCoy	Marketing Manager		2024-10-26
...and 6 more key personnel

Financials for Mississippi Bankers Voluntary Employees' Association Plan and Trust

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$24,231,482	$24,602,358	-1.5%
Investment income and dividends	$354,422	$335,589	5.6%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$3,004	-100%
Total revenues	$24,585,904	$24,940,951	-1.4%

Form 990s for Mississippi Bankers Voluntary Employees' Association Plan and Trust

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-14	990	View PDF
2022-12	2023-11-13	990	View PDF
2021-12	2023-02-14	990	View PDF
2020-12	2021-11-01	990	View PDF
2019-12	2021-11-02	990O	View PDF
...and 11 more Form 990s

Organizations like Mississippi Bankers Voluntary Employees' Association Plan and Trust

Organization	Type	Location	Revenue
Southern California Edison Veba Trust	501(c)(9)	Rosemead, CA	$11,170,457
IBEW Local 701 Vacation Fund	501(c)(9)	Warrenville, IL	$13,839,812
Associated Builders and Contractors Northern Ca Chapter Benefit Trust Fund	501(c)(9)	Livermore, CA	$13,528,534
United Domestic Workers Benefits Trust	501(c)(9)	San Diego, CA	$31,618,499
Fox Valley Sheet Metal Health Fund	501(c)(9)	Waukesha, WI	$14,522,945
Carpenters Vacation Trust Fund of St Louis	501(c)(9)	Saint Louis, MO	$44,498,284
SHEET METAL WORKERS LOCAL No 80 INSURANCE TRUST FUND	501(c)(9)	Troy, MI	$20,730,621
International Brotherhood of Elect No 743 Health and Welfare	501(c)(9)	Reading, PA	$10,176,608
Alaska Public Service Employees Local Union No 71 Trust Fund	501(c)(9)	Anchorage, AK	$34,903,641
UA Local 38 Health and Welfare Trust Fund OF SF Marin Sonoma LaKE and MENDO COUNTIES	501(c)(9)	San Francisco, CA	$38,902,396

Data update history

October 26, 2024

Updated personnel

Identified 1 new personnel

December 24, 2023

Posted financials

Added Form 990 for fiscal year 2022

December 24, 2023

Updated personnel

Identified 1 new personnel

June 27, 2023

Posted financials

Added Form 990 for fiscal year 2020

June 19, 2023

Posted financials

Added Form 990 for fiscal year 2021

Nonprofit Types

Fraternal societiesMutual assistance organizationsChapter / child organizations

Issues

Human servicesJobs and employment

Characteristics

State / local levelNo full-time employees

General information

Address: 409 W Pl Ste 100; Ridgeland, MS 39157
Metro area: Jackson, MS
County: Madison County, MS
Website URL: msbankers.com/
Phone: (601) 948-6366

IRS details

EIN: 64-0802704
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1954
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary: 525120: Health and Welfare Funds
Parent/child status: Subordinate organization

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Mississippi Bankers Voluntary Employees' Association Plan and Trust

Program areas at Mississippi Bankers Voluntary Employees' Association Plan and Trust

Personnel at Mississippi Bankers Voluntary Employees' Association Plan and Trust

Financials for Mississippi Bankers Voluntary Employees' Association Plan and Trust

Form 990s for Mississippi Bankers Voluntary Employees' Association Plan and Trust

Organizations like Mississippi Bankers Voluntary Employees' Association Plan and Trust

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