Association Healthcare Consortium Inc

Organization Overview

Association Healthcare Consortium Inc, operating under the name KBA Benefits Trust, is located in Louisville, KY. The organization was established in 2019. 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. KBA Benefits 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, KBA Benefits Trust generated $29.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $24.8m during the year ending 12/2021. 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

PROVIDE HEALTHCARE BENEFITS TO ELIGIBLE EMPLOYEES AND THEIR ELIGIBLE SPOUSES/DEPENDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSOCIATION HEALTHCARE CONSORTIUM INC. IS A MULTIPLE EMPLOYER WELFARE ARRANGEMENT FORMED TO PROVIDE HEALTH AND WELFARE BENEFITS TO EMPLOYEES OF UNRELATED EMPLOYERS. AS OF DECEMBER 31, 2021 THERE WERE APPROXIMATELY 84 KY-BASED EMPLOYERS PARTICIPATING IN THIS VEBA.


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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$28,909,272
Investment income $46,295
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,955,567

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