Christian Brothers Employee Benefit Trust

Organization Overview

Christian Brothers Employee Benefit Trust is located in Romeoville, IL. The organization was established in 1988. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Brothers Employee Benefit Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Christian Brothers Employee Benefit Trust generated $339.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $338.8m during the year ending 12/2021. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ESTABLISHED TO FUND EMPLOYEES BENEFITS UNDER THE CHRISTIAN BROTHERS EMPLOYEE BENEFIT PLAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES A PROGRAM OF SELF-INSURED MEDICAL, DENTAL, VISION, LONG-TERM DISABILITY, AS WELL AS INSURED GROUP LIFE AND AD&D COVERAGE TO EMPLOYEES OF QUALIFIED PARTICIPATING EMPLOYERS.


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Board, Officers & Key Employees

Name (title)Compensation
Darlenn Sanford
Trustee
$0
Arthur Glass
Trustee
$0
Catherine Thomson
Trustee
$0
James Nelson
Trustee
$0
John Barker
Trustee
$0
Greg Wolfe
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Accordant Health Services Llc
Health Management Care Fees
$491,280
Rsc Insurance Brokerage Inc
Broker Commissions
$387,073
Gallagher Benefit Services Inc
Broker Commissions
$387,486
Christian Brothers Services
Administrative Services
$17,207,000
American Health Holding Inc
Health Care Services
$458,190
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$330,678,161
Investment income $2,230,806
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,830,624
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $339,796,574

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