Njea Member Benefit Fund

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

EIN: 134270499 ✦ Trenton, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Njea Member Benefit Fund?

The Njea Member Benefit Fund, located at 180 West State Street, P.O. Box 1211, Trenton, NJ 08607, is a nonprofit organization that offers group insurance and various welfare benefits to eligible participants and their beneficiaries. It accomplishes this objective by establishing insurance policies and contracts with benefit providers. This organization serves as a vital resource for its members, providing them with essential protection and assistance during challenging times.


Official website here: www.njea.org

Is Njea Member Benefit Fund legitimate?

Njea Member Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Njea Member Benefit 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.njea.org

What is the mission statement of Njea Member Benefit Fund?

The Njea Member Benefit Fund's mission is to provide group insurance and various welfare benefits to eligible participants and their beneficiaries. This is achieved by establishing insurance policies and contracts with benefit providers. By doing so, the fund aims to safeguard the well-being of its members and their dependents, ensuring they have access to necessary coverage during challenging times. The fund's activities are centered around procuring beneficial insurance policies and agreements with various providers, ultimately ensuring the financial security and health of its participants.


Official website here: www.njea.org

Who is the CEO of Njea Member Benefit Fund?

Sean M Spiller is the Trustee of Njea Member Benefit Fund.


Official website here: www.njea.org

What is the revenue of Njea Member Benefit Fund?

Njea Member Benefit Fund's revenue in 2022 was $411,263.


Official website here: www.njea.org

Who are the executives of Njea Member Benefit Fund and what are their salaries?


Here are 4 key members and their salaries:


Steve Swetsky (Trustee)
  • Compensation: $0
  • Related: $411,864
  • Other: $45,943
Sean M Spiller (Trustee)
  • Compensation: $0
  • Related: $291,289
  • Other: $45,943
Steve Beatty (Trustee)
  • Compensation: $0
  • Related: $266,885
  • Other: $45,943
Petal Robertson (Trustee)
  • Compensation: $0
  • Related: $87,890
  • Other: $6,188


Official website here: www.njea.org

Where can I find the form 990 for Njea Member Benefit Fund?

Njea Member Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.njea.org

Learn more at the official website: www.njea.org

Mission Statement of Njea Member Benefit Fund

Njea Member Benefit Fund, in its mission, aims to provide group insurance and various welfare benefits to eligible participants and their beneficiaries. This is accomplished through entering into insurance policies and contracts with benefit providers. The fund's objective is to extend these advantages, which encompass both insurance policies and other welfare benefits, to those who qualify, thereby ensuring their well-being.

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Impact




October, 2024

The Njea Member Benefit Fund significantly impacts its community by providing essential group insurance and welfare benefits to eligible participants and their beneficiaries. Through various insurance policies and contracts with benefit providers, the fund facilitates access to comprehensive coverage that enhances the financial security and well-being of its members. This support ensures that educators and related professionals have reliable protection in times of need, ultimately contributing to a more stable and secure environment for both individuals and families in the region. By focusing on mutual benefit, the fund plays a crucial role in addressing the specific needs of its members, fostering a sense of community and shared support.




This information is meant to be a general summary of Njea Member Benefit 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
$411,263 (2022)
Expenses
$435,019 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,598
  • Program Service Revenue: $406,665
  • Gross Receipts: $411,263

Assets and Liabilities:

  • Total Assets: $1,906,344
  • Total Liabilities: $0
  • Net Assets: $1,906,344

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Programs

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

MEMBERSHIP LISTING FEE

Revenue

$308,437

COMPENSATION FOR AFFIL

Revenue

$98,228

Organization Details

Founding Year

2003

Principal Officer

Sean M Spiller

Main Address

180 WEST STATE STREET POBOX 1211, TRENTON, NJ, 086071211

NTEE Category

Code: Y43 - Mutual benefit

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