NonprofitsSouth Dakota Bankers Benefit Plan Trust

Mutual & Membership Benefit

South Dakota Bankers Benefit Plan Trust

PIERRE, SD

Total revenue

$19.8M

Total expenses

$21.1M

Net assets

$8.6M

Grants received

EIN

464332220

Tax year

2024

Mission

The primary purpose of this tax-exempt irc section 501(c)(9) voluntary employees' beneficiary association ("veba") is to provide for the payment of health benefits to its members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$19.5M
Investment income$269K
Other revenue$1K
Total revenue$19.8M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$1.6M
Total expenses$21.1M
Total assets$15.7M
Net assets$8.6M

People

5 listed

NameRoleCompensation

DAVID KING

CHAIRMAN

Board

3 hrs/wk

GEORGE KENZY

DIRECTOR

Board

1.5 hrs/wk

DEAN DREESSEN

CO-CHAIRMAN

Board

1 hrs/wk

MARK LAW

SECRETARY

Board

1 hrs/wk

JOSEPH ANGLIN

DIRECTOR

Board

1 hrs/wk

Details

EIN464332220
NTEE codeY43
Subsection09
Ruling date2016-07
Formed2014
Employees0
Volunteers0
SOUTH DAKOTA BANKERS BENEFIT PLAN TRUST — Mission, Financials & Grants Received | Grantivo