Overview
What is The Episcopal Church Clergy And Employees Benefit Trust?
The Episcopal Church Clergy and Employees Benefit Trust is a nonprofit organization located in New York City. Its primary role is to gather contributions from and on behalf of the active and retired clergy and lay employees of the Episcopal Church, along with their dependents. The Trust currently serves 100 Episcopal dioceses, offering medical and dental coverage to approximately 23,717 active employee members and 10,035 retired or surviving members. By funding welfare benefits for these groups, the Trust ensures the well-being of a significant number of individuals within the Episcopal Church community.
Is The Episcopal Church Clergy And Employees Benefit Trust legitimate?
The Episcopal Church Clergy And Employees Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Episcopal Church Clergy And Employees Benefit Trust 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: $76,354
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Episcopal Church Clergy And Employees Benefit Trust?
The Episcopal Church Clergy and Employees Benefit Trust focuses on providing welfare benefits to active and retired clergy and lay employees of the Episcopal Church, as well as their dependents. The Trust collects contributions to fund the payment of welfare benefit claims, currently serving 100 Episcopal dioceses and providing medical and dental coverage for over 23,000 active employee members and 10,000 retiree/surviving members. Through this initiative, the Trust aims to ensure the wellbeing of those who dedicate their lives to the Episcopal Church.
Who is the CEO of The Episcopal Church Clergy And Employees Benefit Trust?
Northern Trust Company is the Principal Officer of The Episcopal Church Clergy And Employees Benefit Trust.
What is the revenue of The Episcopal Church Clergy And Employees Benefit Trust?
The Episcopal Church Clergy And Employees Benefit Trust's revenue in 2022 was $268,175,671.
Who are the executives of The Episcopal Church Clergy And Employees Benefit Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $32,180
- Related: $76,354
- Other: $0
Where can I find the form 990 for The Episcopal Church Clergy And Employees Benefit Trust?
The Episcopal Church Clergy And Employees Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Episcopal Church Clergy And Employees Benefit Trust
The Episcopal Church Clergy and Employees Benefit Trust (ECCEBT) is a charitable organization that provides welfare benefits for active and retired clergy and lay employees of the Episcopal Church and their dependents. The Trust collects contributions from these individuals and their dioceses to cover the costs of welfare benefit claims. Currently, the Trust serves 100 Episcopal dioceses, offering medical and dental coverage to approximately 23,717 active employee members and 10,035 retiree or surviving members.
The mission of The Episcopal Church Clergy and Employees Benefit Trust is to ensure that the dedicated individuals who serve the Episcopal Church have access to essential welfare benefits. By pooling resources, the Trust is able to provide comprehensive coverage that would otherwise be unattainable for many of these individuals. The Trust's contributions come from the collective efforts of the Episcopal Church community, demonstrating the strong commitment to supporting those who devote their lives to the Church's ministry. Through the Trust's welfare benefits, the Episcopal Church expresses its gratitude and care for the well-being of its clergy and lay employees, both during their active service and in retirement.
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 Episcopal Church Clergy And Employees Benefit Trust plays a crucial role in ensuring the financial and health security of both active and retired clergy and lay employees within The Episcopal Church. By collecting contributions from members, the Trust funds welfare benefits, which include comprehensive medical and dental coverage.
With services reaching 100 Episcopal dioceses and supporting over 33,000 individuals—including active employees, retirees, and their dependents—the Trust significantly alleviates the burden of healthcare costs, allowing its members to focus on their spiritual and community commitments without the distraction of financial strain. The benefits provided foster a sense of stability and support within the clergy and lay community, promoting both wellness and longevity in service.
Overall, the impact of The Episcopal Church Clergy And Employees Benefit Trust is profound, as it strengthens the fabric of the church community by providing necessary benefits that enhance the quality of life for its members and their families.
This information is meant to be a general summary of The Episcopal Church Clergy And Employees Benefit Trust. 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: $1,686,001
- Program Service Revenue: $262,633,504
- Gross Receipts: $268,175,671
Assets and Liabilities:
- Total Assets: $73,680,608
- Total Liabilities: $35,694,984
- Net Assets: $37,985,624
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER/EMPLOYEE CONT
Revenue
$228,523,152
GROUP MEDICARE (GMA)
Revenue
$27,567,012
GROUP LIFE
Revenue
$3,224,117
HMO RECEIPTS
Revenue
$1,751,362
DISABILITY BENEFITS
Revenue
$1,567,861
Organization Details
Founding Year
1978
Phone
(212) 592-1800Principal Officer
Northern Trust Company
Main Address
19 EAST 34TH STREET, NEW YORK, NY, 10016
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of The Episcopal Church Clergy And Employees Benefit Trust 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.