Grand Island Teachers' Benefit Trust

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

EIN: 161448700 ✦ Grand island, NY ✦ Designated as a 501(c)(9)

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Overview

What is Grand Island Teachers' Benefit Trust?

The Grand Island Teachers' Benefit Trust is a nonprofit organization, specifically designed to distribute dental, vision, and life insurance benefits. These benefits are sourced from funds allocated by the Grand Island central school district. Acting as an intermediary, the Trust ensures that these benefits are effectively disbursed to the intended recipients. The Trust's primary function is to facilitate the distribution of these essential insurance benefits, thereby supporting the wellbeing of the educators and staff associated with the Grand Island central school district.


Official website here: www.gitabenefittrust.com

Is Grand Island Teachers' Benefit Trust legitimate?

Grand Island Teachers' Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Grand Island Teachers' 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: $11,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gitabenefittrust.com

What is the mission statement of Grand Island Teachers' Benefit Trust?

The Grand Island Teachers' Benefit Trust serves as a medium for distributing dental, vision, and life insurance benefits, funded by the Grand Island central school district. Its mission is to facilitate the distribution of these benefits to eligible individuals. The trust does not engage in research or advocacy, but rather focuses on providing these specific insurance benefits to its recipients. The trust does not provide direct healthcare services or support, but instead acts as a facilitator for the distribution of allocated funds. It plays a crucial role in ensuring that educators and possibly their families have access to these essential benefits.


Official website here: www.gitabenefittrust.com

Who is the CEO of Grand Island Teachers' Benefit Trust?

Sarah Slaght is the Trustee of Grand Island Teachers' Benefit Trust.


Official website here: www.gitabenefittrust.com

What is the revenue of Grand Island Teachers' Benefit Trust?

Grand Island Teachers' Benefit Trust's revenue in 2022 was $194,520.


Official website here: www.gitabenefittrust.com

Who are the executives of Grand Island Teachers' Benefit Trust and what are their salaries?

There 1 volunteer at Grand Island Teachers' Benefit Trust.


Here are 5 key members and their salaries:


William R Brodie (Trustee)
  • Compensation: $3,500
  • Related: $0
  • Other: $0
Michael Murray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Slaght (Trustee)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Sheryl Sacco (Trustee)
  • Compensation: $2,500
  • Related: $0
  • Other: $0
Nancy Keller Stark (Trustee)
  • Compensation: $2,500
  • Related: $0
  • Other: $0


Official website here: www.gitabenefittrust.com

Where can I find the form 990 for Grand Island Teachers' Benefit Trust?

Grand Island Teachers' Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gitabenefittrust.com

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

Mission Statement of Grand Island Teachers' Benefit Trust

The Grand Island Teachers' Benefit Trust is a crucial entity that plays a significant role in distributing dental, vision, and life insurance benefits. Funded by the Grand Island central school district, this trust serves as a valuable medium for the distribution of these benefits, ensuring that they reach the intended beneficiaries effectively. By performing this function, the Grand Island Teachers' Benefit Trust contributes to the overall well-being and financial security of the educators within the district. The trust's mission is centered around facilitating the allocation and distribution of these essential benefits, thereby supporting the educational community as a whole.

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Impact




October, 2024

The Grand Island Teachers' Benefit Trust plays a crucial role in enhancing the well-being of educators in Grand Island, NY, by distributing essential benefits such as dental, vision, and life insurance. By serving as an effective medium for these benefit distributions, it ensures that funds allocated by the Grand Island Central School District are utilized efficiently to support the health and financial security of teachers.

This impact extends beyond individual educators; it fosters a supportive environment within the school community, promoting job satisfaction and retention of dedicated teachers. Access to comprehensive benefits contributes to a more focused and committed workforce, ultimately benefiting students and the educational system as a whole. In essence, the Grand Island Teachers' Benefit Trust strengthens the fabric of the educational community by prioritizing the health and security of its teachers.




This information is meant to be a general summary of Grand Island Teachers' 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.

Revenue
$194,520 (2022)
Expenses
$165,237 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20
  • Program Service Revenue: $194,500
  • Gross Receipts: $194,520

Assets and Liabilities:

  • Total Assets: $211,132
  • Total Liabilities: $101,000
  • Net Assets: $110,132

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Programs

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

GRAND ISLAND CENTRAL SCHOOL DISTRICT

Revenue

$194,500

Organization Details

Founding Year

1994

Principal Officer

Sarah Slaght

Main Address

PO BOX 884, GRAND ISLAND, NY, 14072

NTEE Category

Code: Y40 - Mutual benefit

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