Manhasset Education Assoc Trust Fund

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

EIN: 116399998 ✦ Manhasset, NY ✦ Designated as a 501(c)(9)

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Overview

What is Manhasset Education Assoc Trust Fund?

Manhasset Education Association Trust Fund is a fraternal organization located in Manhasset, New York. Its primary mission is to provide health benefits to its covered members, ensuring their well-being and overall health. As a nonprofit organization, it serves its community by offering essential health services and benefits to its members. The organization's focus on health benefits demonstrates its commitment to the well-being of its members and underscores its role as a supportive community entity.


Official website here: www.manhassetbenefitstrust.com

Is Manhasset Education Assoc Trust Fund legitimate?

Manhasset Education Assoc Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Manhasset Education Assoc 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: $21,805
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.manhassetbenefitstrust.com

What is the mission statement of Manhasset Education Assoc Trust Fund?

The Manhasset Education Association Trust Fund is a fraternal organization whose primary mission is to extend health benefits to its covered members. This organization is committed to ensuring the well-being of its members by providing them with essential healthcare services and coverage. By offering these benefits, the Manhasset Education Association Trust Fund aims to enhance the overall health and quality of life for its members. The organization's activities are centered around this mission, focusing on providing healthcare services to its covered members.


Official website here: www.manhassetbenefitstrust.com

Who is the CEO of Manhasset Education Assoc Trust Fund?

Michael Faraci is the Chairperson of Manhasset Education Assoc Trust Fund.


Official website here: www.manhassetbenefitstrust.com

What is the revenue of Manhasset Education Assoc Trust Fund?

Manhasset Education Assoc Trust Fund's revenue in 2022 was $435,285.


Official website here: www.manhassetbenefitstrust.com

Who are the executives of Manhasset Education Assoc Trust Fund and what are their salaries?

The average compensation at Manhasset Education Assoc Trust Fund during 2022 was $3,634. There are 6 employees at Manhasset Education Assoc Trust Fund.


Here are 6 key members and their salaries:


Michael Faraci (Chairperson)
  • Compensation: $10,220
  • Related: $0
  • Other: $0
Brian Katz (Treasurer)
  • Compensation: $6,321
  • Related: $0
  • Other: $0
Elizabeth O'Shea (Trustee)
  • Compensation: $1,571
  • Related: $0
  • Other: $0
Frank Russo (Trustee)
  • Compensation: $1,231
  • Related: $0
  • Other: $0
Melinda Smith (Chairman)
  • Compensation: $1,231
  • Related: $0
  • Other: $0
Clayton Puccio (Trustee)
  • Compensation: $1,231
  • Related: $0
  • Other: $0


Official website here: www.manhassetbenefitstrust.com

Where can I find the form 990 for Manhasset Education Assoc Trust Fund?

Manhasset Education Assoc Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.manhassetbenefitstrust.com

Learn more at the official website: www.manhassetbenefitstrust.com

Mission Statement of Manhasset Education Assoc Trust Fund

The Manhasset Education Association Trust Fund, as a fraternal organization, is dedicated to providing health benefits to its covered members. This mission statement signifies the organization's commitment to supporting the well-being of its members by offering comprehensive health coverage. The Manhasset Education Association Trust Fund's purpose is to ensure that its members have access to necessary medical care, thereby enhancing their overall quality of life. This mission is a testament to the organization's concern for the health and wellness of its members and its desire to provide them with the necessary resources to lead healthy lives.

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Impact




October, 2024

The Manhasset Education Association Trust Fund plays a crucial role in supporting educators in the Manhasset community by providing essential health benefits to its covered members. This support helps ensure that educators have access to necessary healthcare services, promoting their overall well-being and enabling them to focus on their primary mission: educating students. By prioritizing the health of its members, the Trust Fund strengthens the educational environment and enhances the quality of education in the region. The organization fosters a sense of solidarity and mutual benefit among educators, ultimately contributing to a supportive and thriving community.




This information is meant to be a general summary of Manhasset Education Assoc 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
$435,285 (2022)
Expenses
$461,243 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,062
  • Program Service Revenue: $422,223
  • Gross Receipts: $652,621

Assets and Liabilities:

  • Total Assets: $653,995
  • Total Liabilities: $140,707
  • Net Assets: $513,288

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$107,569

EMPLOYER CONTRIBUTIONS

Revenue

$314,654

Organization Details

Founding Year

1991

Principal Officer

Michael Faraci

Main Address

MANHASSET HS 200 MEMORIAL PL, MANHASSET, NY, 11030

NTEE Category

Code: Y40 - Mutual benefit

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