2024-11-15T13:46:48-06:00 2023-12-31 621199757 LBMC PC 325 West Main Street Ste 1600 Louisville KY 40202 990 2023-01-01 821170686 Association Healthcare Consortium Inc ASSO 5025822453 600 West Main Street Louisville KY 40202 Matthew E Vance CFO 5025822453 2024-11-14 1 0 Jeanna Jones P00174538 5025851600 2023 2024-10-15 13:58:12Z KBA Benefits Trust Matthew E Vance 600 West Main Street Louisville KY 40202 25135917 0 X www.kybanks.com X 2017 KY Provide healthcare benefits to eligible employees and their eligible spouses/dependents. 5 5 0 5 0 0 0 0 23345174 24677901 210910 458016 0 0 23556084 25135917 0 0 19749928 22831135 0 0 0 0 0 154991 119903 19904919 22951038 3651165 2184879 16877811 19751062 2735669 3117034 14142142 16634028 To provide health coverage to participating employers and their respective employees. 0 0 22951038 24677901 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, 2023 there were approximately 69 KY-based employers participating in this VEBA. 22951038 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X Matthew E Vance 5025822453 600 West Main Street Louisville KY 40202 X W Fred Brashear Board of Trustees Chariman 0.05 X X 0 0 0 Neil S Bryan Board of Trustees Vice Cha 0.05 X X 0 0 0 Ballard W Cassady Jr Board of Trustees Treasure 0.05 X X 0 0 0 Timothy E Barnes Board of Trustees Member 0.05 X 0 0 0 Melissa Knight Board of Trustees Member 0.05 X 0 0 0 0 0 0 0 0 0 0 0 Employer Premium 525100 24677901 24677901 24677901 458016 458016 25135917 24677901 0 458016 22831135 22831135 31226 31226 55303 55303 499 499 16563 16563 Admin Fees 8712 8712 Taxes and Licenses 7600 7600 22951038 22951038 0 0 7499131 4771782 140986 110690 32639 10210 9205055 14858380 16877811 19751062 2735669 3117034 2735669 3117034 X 0 0 0 0 14142142 16634028 14142142 16634028 16877811 19751062 2184879 307009 0 X X 0 1 X 1 0 0 X 25442926 307009 307009 25135917 0 25135917 22951038 0 22951038 0 22951038 Part X, Line 2: The Plan established to hold the assets is intended to qualify pursuant to Section 501(c)9 of the Internal Revenue Code ("IRC") and, accordingly, the Plan's net investment income is exempt from income taxes. The Internal Revenue Service ("IRS") has determined and informed the Plan by a letter dated September 5, 2019, that the Plan was designed in accordance with the applicable regulations of the IRC. Therefore, no provision for income taxes has been included in the Plan's financial statements. Accounting principles generally accepted in the United States of America require the Plan Administrator to evaluate tax positions taken by the Plan and recognize a tax liability for any uncertain tax position that more likely than not would not be sustained upon examination by the IRS. The Plan is subject to routine audits by tax authorities, however there are currently no audits for any tax periods in progress. The Plan Administrator believes the Plan is no longer subject to income tax examinations for the years prior to 2019. Form 990, Part VI, Section A, line 6 The organization has Participating Members - banks and other organizations that the trust provides health benefits to. Form 990, Part VI, Section A, line 7a The organization has Participating Members - banks and other organizations that the trust provides health benefits to, that have the power to elect officials. Form 990, Part VI, Section A, line 7b The organization has Participating Members - banks and other organizations that the trust provides benefits to, that are involved in govenernance decisions. Form 990, Part VI, Section A, line 8b There are no committees, other than the governing body. Form 990, Part VI, Section B, line 11b Form 990 is sent to and reviewed by the governing body prior to being filed. Form 990, Part VI, Section B, line 12c The governing body is questioned on a annual basis. Form 990, Part VI, Section C, line 19 Forms are available upon request. Part XII, Line 2c The process has not changed from prior year.