Buffalo Teachers Federation Supplemental Benefit Fund

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

EIN: 161066905 ✦ Buffalo, NY ✦ Designated as a 501(c)(9)

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Overview

What is Buffalo Teachers Federation Supplemental Benefit Fund?

The Buffalo Teachers Federation Supplemental Benefit Fund is a nonprofit organization situated in Buffalo, New York, specifically at 271 Porter Avenue. Their primary mission is to offer a range of supplementary benefits to members of the Buffalo Teachers Federation. These benefits encompass dental care, optical services, prescription medication, and even death benefits, aiming to enhance the well-being and financial security of its members. The Fund's purpose is encapsulated in the provision of various benefits, ensuring the welfare of its affiliated teachers in Buffalo.

Is Buffalo Teachers Federation Supplemental Benefit Fund legitimate?

Buffalo Teachers Federation Supplemental Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Buffalo Teachers Federation Supplemental 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: $100,912
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,252

For more financial information, click here

What is the mission statement of Buffalo Teachers Federation Supplemental Benefit Fund?

The Buffalo Teachers Federation Supplemental Benefit Fund is dedicated to providing a range of benefits to its members. Its primary mission is to cater to the dental, optical, prescription, and even death-related needs of the members belonging to the Buffalo Teachers Federation. The fund serves as a supportive system, ensuring its members have access to essential benefits, thereby enhancing their overall well-being. By providing these benefits, the fund aims to alleviate any financial stress and ensure its members can focus on their professional and personal lives with peace of mind.

Who is the CEO of Buffalo Teachers Federation Supplemental Benefit Fund?

Wendy Aiken is the Trustee of Buffalo Teachers Federation Supplemental Benefit Fund.

What is the revenue of Buffalo Teachers Federation Supplemental Benefit Fund?

Buffalo Teachers Federation Supplemental Benefit Fund's revenue in 2022 was $2,387,814.

Who are the executives of Buffalo Teachers Federation Supplemental Benefit Fund and what are their salaries?


Here are 6 key members and their salaries:


Philip Rumore (Trustee)
  • Compensation: $0
  • Related: $112,915
  • Other: $0
Maria Baker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Fritz (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Sue Raichilson (Secretary)
  • Compensation: $0
  • Related: $635
  • Other: $0
Ruyvette Townsend (Trustee)
  • Compensation: $0
  • Related: $921
  • Other: $0
Wendy Aiken (Director)
  • Compensation: $90,438
  • Related: $0
  • Other: $9,692
Where can I find the form 990 for Buffalo Teachers Federation Supplemental Benefit Fund?

Buffalo Teachers Federation Supplemental Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Buffalo Teachers Federation Supplemental Benefit Fund

The Buffalo Teachers Federation Supplemental Benefit Fund is committed to providing a range of benefits to its members, hailing from the Buffalo Teachers Federation. This nonprofit organization focuses on offering dental, optical, prescription, and even death benefits to its members. By doing so, it aims to enhance the overall well-being and security of its members, ensuring they can navigate through various life challenges with peace of mind. The Benefit Fund serves as a valuable resource for its members, offering essential services that enrich their lives and contribute to their overall well-being.

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Impact




October, 2024

The Buffalo Teachers Federation Supplemental Benefit Fund significantly enhances the quality of life for its members by providing essential benefits such as dental, optical, and prescription coverage, alongside death benefits. This support helps alleviate financial burdens related to healthcare, ensuring that educators can focus on their profession without the added stress of unexpected medical expenses. By addressing these critical needs, the fund fosters a sense of security and well-being among its members, ultimately contributing to a more committed and effective teaching workforce in Buffalo, NY.




This information is meant to be a general summary of Buffalo Teachers Federation Supplemental 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
$2,387,814 (2022)
Expenses
$2,185,845 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $138,658
  • Program Service Revenue: $2,239,800
  • Gross Receipts: $2,387,814

Assets and Liabilities:

  • Total Assets: $8,167,320
  • Total Liabilities: $1,718,325
  • Net Assets: $6,448,995

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Programs

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

FUND CONTRIBUTION - BO

Revenue

$2,239,800

Organization Details

Founding Year

1974

Principal Officer

Wendy Aiken

Main Address

271 PORTER AVENUE, BUFFALO, NY, 14201

NTEE Category

Code: Y40 - Mutual benefit

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