NonprofitsMassachusetts Bankers Assoc Inc Group Insurance Trust

Massachusetts Bankers Assoc Inc Group Insurance Trust

BOSTON, MA

Total revenue

$172K

Total expenses

$120K

Net assets

$4.9M

Grants received

EIN

042628271

Tax year

2024

Mission

The trust is operated for the purpose of providing various types of insurance to member banks' employees at costs which are less than those obtainable on an individual bank basis

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$53K
Investment income$119K
Other revenue
Total revenue$172K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$120K
Total expenses$120K
Total assets$5.0M
Net assets$4.9M

People

13 listed

NameRoleCompensation

CHERYL CORMAN

CO-CHAIR/TRUSTEE

Board

1 hrs/wk

BRETT DEAN

CHAIRMAN/TRUSTEE

Board

1 hrs/wk

CHUCK LEACH

TRUSTEE

Board

1 hrs/wk

KARA CLARK

TRUSTEE

Board

1 hrs/wk

MICHAEL R WHEELER

TRUSTEE

Board

1 hrs/wk

MARIA VAFIADES

TRUSTEE

Board

1 hrs/wk

MATTHEW BURKE

TRUSTEE

Board

1 hrs/wk

JAMES FERRARA

TRUSTEE

Board

1 hrs/wk

KATHLEEN MURPHY

TREASURER/TRUSTEE

Board

1 hrs/wk

MARGARET SULLIVAN

TRUSTEE

Board

1 hrs/wk

WILLIAM TSOULES

SVP/CFO

Board

1 hrs/wk

CHAD POOK

VP OF ADMINISTRATION

Board

1 hrs/wk

TANYA DUNCAN

EVP, REVENUE & STRATEGY

Board

1 hrs/wk

Details

EIN042628271
Subsection09
Ruling date1977-02
Formed1953
Employees0
Volunteers13
MASSACHUSETTS BANKERS ASSOC INC GROUP INSURANCE TRUST — Mission, Financials & Grants Received | Grantivo