Riverhead Central Faculty Assoc Benefit Trust Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113614230 ✦ Riverhead, NY ✦ Designated as a 501(c)(9)

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Overview

What is Riverhead Central Faculty Assoc Benefit Trust Fund?

The Riverhead Central Faculty Assoc Benefit Trust Fund is a nonprofit organization established to support its members, primarily teachers in Riverhead, New York. The main goal of this organization is to provide various benefits to its members and their eligible dependents. These benefits include dental, life, and legal services, financial and health counseling, burial assistance, wellness programs, voluntary long-term disability benefits, and a retiree and voluntary life insurance benefit. The organization's mission is to research, provide, and administer these benefits to enhance the well-being and security of its members.

Is Riverhead Central Faculty Assoc Benefit Trust Fund legitimate?

Riverhead Central Faculty Assoc Benefit Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Riverhead Central Faculty Assoc Benefit Trust Fund 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: $35,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Riverhead Central Faculty Assoc Benefit Trust Fund?

The Riverhead Central Faculty Assoc Benefit Trust Fund is committed to providing benefits to its members. Its mission involves conducting research, providing, and administering various benefits to the members of the Riverhead Central Faculty Association. The benefits offered include dental coverage for all members and their eligible dependents, life insurance for all members, legal assistance for members and their eligible dependents, financial and health counseling services, a burial benefit for eligible spouse and children, a wellness benefit for eligible members, a voluntary self-pay long-term disability benefit, and a retiree and voluntary life insurance benefit for all members.

Who is the CEO of Riverhead Central Faculty Assoc Benefit Trust Fund?

Gregory Wallace is the Chairperson of Riverhead Central Faculty Assoc Benefit Trust Fund.

What is the revenue of Riverhead Central Faculty Assoc Benefit Trust Fund?

Riverhead Central Faculty Assoc Benefit Trust Fund's revenue in 2022 was $807,316.

Who are the executives of Riverhead Central Faculty Assoc Benefit Trust Fund and what are their salaries?


Here are 5 key members and their salaries:


Gregory Wallace (Chairperson)
  • Compensation: $14,800
  • Related: $21,857
  • Other: $0
Robert Brandi (Treasurer)
  • Compensation: $11,800
  • Related: $5,307
  • Other: $0
Jenn Simoes (Trustee)
  • Compensation: $2,750
  • Related: $7,357
  • Other: $0
Chris Butterfield (Trustee)
  • Compensation: $2,750
  • Related: $6,557
  • Other: $0
Marisa Deserio (Trustee)
  • Compensation: $3,000
  • Related: $1,000
  • Other: $0
Where can I find the form 990 for Riverhead Central Faculty Assoc Benefit Trust Fund?

Riverhead Central Faculty Assoc Benefit Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Riverhead Central Faculty Assoc Benefit Trust Fund

The Riverhead Central Faculty Association Benefit Trust Fund is dedicated to supporting its members by conducting research, providing, and administering a range of benefits. This nonprofit organization aims to enhance the well-being of its members, offering dental benefits, life insurance, legal assistance, financial and health counseling, burial benefits, and a wellness program. The Trust Fund also provides a voluntary self-pay long-term disability benefit and a retiree and voluntary life insurance benefit to its members. By offering these various benefits, the Riverhead Central Faculty Association Benefit Trust Fund strives to provide its members with the necessary support needed to maintain their overall health and financial stability.

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Impact




October, 2024

The Riverhead Central Faculty Association Benefit Trust Fund significantly enhances the quality of life for its members by offering a comprehensive range of benefits tailored to their needs.

Key benefits include dental coverage for members and their eligible dependents, ensuring that they have access to essential oral health care. Life insurance options provide vital financial security for members' families. Furthermore, legal services are available, allowing members to manage legal issues with professional support.

The fund also places an emphasis on overall wellness, offering financial counseling and health counseling services to assist members with various personal challenges. In addition, it provides a burial benefit for eligible spouses and children, which offers peace of mind during difficult times.

A unique aspect of the Trust Fund is its focus on wellness, granting access to wellness benefits aimed at promoting a healthy lifestyle among members. Moreover, there is a voluntary self-pay long-term disability benefit that offers additional security for those who may face unforeseen circumstances. Lastly, options for retiree and voluntary life insurance reinforce the commitment to supporting members even after they have transitioned into retirement.

Overall, the Riverhead Central Faculty Association Benefit Trust Fund plays a critical role in fostering a supportive community, enabling its members to access crucial resources that improve their personal and professional lives.




This information is meant to be a general summary of Riverhead Central Faculty Assoc Benefit Trust Fund. 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.

Revenue
$807,316 (2022)
Expenses
$673,929 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,351
  • Program Service Revenue: $792,965
  • Gross Receipts: $807,316

Assets and Liabilities:

  • Total Assets: $1,469,324
  • Total Liabilities: $118,678
  • Net Assets: $1,350,646

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DISTRICT CONTRIBUTIONS

Revenue

$683,013

RETIREE & VOLUNTARY LIFE

Revenue

$39,581

RETIREE - DENTAL

Revenue

$37,395

LONG TERM DISABILITY

Revenue

$24,550

COBRA

Revenue

$8,426

Organization Details

Founding Year

2001

Principal Officer

Gregory Wallace

Main Address

223 ROANOKE AVE, RIVERHEAD, NY, 11901

NTEE Category

Code: Y43 - Mutual benefit

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