Overview
What is Boston Public School Teachers Retirement Fund Association?
The Boston Public School Teachers Retirement Fund Association is a nonprofit organization dedicated to managing and distributing funds for retired Boston School teachers. Established by law, the organization maintains both permanent and general funds, drawing from the latter to distribute benefits to eligible retired teachers in the city. The association's primary role is to ensure financial security for the retired educators, contributing to their well-being after their years of service in the Boston educational system.
Is Boston Public School Teachers Retirement Fund Association legitimate?
Boston Public School Teachers Retirement Fund Association is a legitimate nonprofit organization registered as a 501(c)(11) entity. Boston Public School Teachers Retirement Fund Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $21,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Boston Public School Teachers Retirement Fund Association?
The Boston Public School Teachers Retirement Fund Association's primary mission is to manage and distribute funds to qualified retired Boston School teachers. This is achieved through the management of both permanent and general funds, with the general fund being utilized for the distribution of payments as per the act's purposes. The association's role is to ensure the financial well-being of retired teachers in Boston's school system. It does not engage in any activity beyond managing and distributing the retirement funds.
Who is the CEO of Boston Public School Teachers Retirement Fund Association?
Maureen Gage is the President, Trustee of Boston Public School Teachers Retirement Fund Association.
What is the revenue of Boston Public School Teachers Retirement Fund Association?
Boston Public School Teachers Retirement Fund Association's revenue in 2022 was $90,414.
Who are the executives of Boston Public School Teachers Retirement Fund Association and what are their salaries?
The average compensation at Boston Public School Teachers Retirement Fund Association during 2022 was $21,513. There is 1 employee at Boston Public School Teachers Retirement Fund Association.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $400
- Compensation: $0
- Related: $0
- Other: $200
- Compensation: $0
- Related: $0
- Other: $200
- Compensation: $20,713
- Related: $0
- Other: $0
Where can I find the form 990 for Boston Public School Teachers Retirement Fund Association?
Boston Public School Teachers Retirement Fund Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boston Public School Teachers Retirement Fund Association
The Boston Public School Teachers Retirement Fund Association's primary mission is centered around managing and distributing funds to qualified retired Boston School Teachers. This mission is enacted through the management of both invested permanent and general funds. The general fund serves as a source for distributing payments to these retired educators, as outlined in the associated legislative act. The association's role in this process is to ensure the professional management of these assets, thereby providing a financial safety net for the retired teachers.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Boston Public School Teachers Retirement Fund Association plays a crucial role in providing financial security for retired educators in Boston. By effectively managing the Fund's assets, it ensures that retired teachers receive the necessary distributions to support their quality of life post-retirement. This financial support is vital, as it allows former educators to rely on a stable income after dedicating their careers to teaching and shaping future generations. The Association's careful management of both invested permanent and general funds reflects its commitment to sustaining this essential benefit for qualifying retired Boston school teachers, promoting their well-being and honoring their service to the community.
This information is meant to be a general summary of Boston Public School Teachers Retirement Fund Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,013
- Gross Receipts: $90,414
Assets and Liabilities:
- Total Assets: $1,577,621
- Total Liabilities: $315
- Net Assets: $1,577,306
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1900
Phone
(617) 634-4165Principal Officer
Maureen Gage
Main Address
PO BOX 6246, BOSTON, MA, 02114
NTEE Category
Code: Y33Z - Mutual benefit
If you are a representative of Boston Public School Teachers Retirement Fund Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.