Escondido Educators Retirement Supplementary Benefits Trust

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

EIN: 206264555 ✦ San diego, CA ✦ Designated as a 501(c)(9)

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Overview

What is Escondido Educators Retirement Supplementary Benefits Trust?

The Escondido Educators Retirement Supplementary Benefits Trust is a nonprofit organization situated in San Diego, California. Its primary mission is to aid retired educators by supplementing their health insurance premiums. With a workforce of 367 individuals, the trust strives to support these retirees financially, ensuring they can maintain adequate health coverage. The trust's activities and purpose are centered around this objective, contributing to the overall well-being of the retired educators within its scope.

Is Escondido Educators Retirement Supplementary Benefits Trust legitimate?

Escondido Educators Retirement Supplementary Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Escondido Educators Retirement Supplementary Benefits 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Escondido Educators Retirement Supplementary Benefits Trust?

The Escondido Educators Retirement Supplementary Benefits Trust is established with the primary objective of supplementing health insurance premiums for retired educators. Its mission is to provide financial assistance to retired employees, helping them manage their health insurance costs post-retirement. The trust aims to support these individuals in maintaining their health coverage, ensuring financial stability in their retirement years. The trust, as of the last recorded data, had 367 participating employees.

Who is the CEO of Escondido Educators Retirement Supplementary Benefits Trust?

Douglas Moss is the Trustee of Escondido Educators Retirement Supplementary Benefits Trust.

What is the revenue of Escondido Educators Retirement Supplementary Benefits Trust?

Escondido Educators Retirement Supplementary Benefits Trust's revenue in 2022 was $1,616,936.

Who are the executives of Escondido Educators Retirement Supplementary Benefits Trust and what are their salaries?

There 5 volunteers at Escondido Educators Retirement Supplementary Benefits Trust.


Here are 5 key members and their salaries:


Douglas Moss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clay Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trish Stepanek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Gelormini (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Escondido Educators Retirement Supplementary Benefits Trust?

Escondido Educators Retirement Supplementary Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Escondido Educators Retirement Supplementary Benefits Trust

Escondido Educators Retirement Supplementary Benefits Trust is committed to supporting retired educators by supplementing their health insurance premiums. This mission is crucial in ensuring that these individuals can afford necessary medical care post-retirement. The Trust, with a focus on its primary purpose, aims to alleviate some of the financial burden associated with health insurance costs, thereby enhancing the overall well-being of the retired educators. At the end of the reference period, a total of 367 employees were part of this Trust, benefiting from its mission.

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Impact




October, 2024

The Escondido Educators Retirement Supplementary Benefits Trust plays a crucial role in enhancing the financial security of retired educators by supplementing their health insurance premiums. This support allows retirees to maintain access to necessary health care services without facing overwhelming financial burdens. With a total of 367 retired employees benefiting from this initiative, the trust significantly contributes to their well-being and peace of mind during retirement. The trust’s focused mission ensures that educators who dedicated their careers to the community can transition into retirement with additional resources for healthcare, ultimately promoting a higher quality of life for these individuals in San Diego, California.




This information is meant to be a general summary of Escondido Educators Retirement Supplementary Benefits 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
$1,616,936 (2022)
Expenses
$1,141,236 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $490,774
  • Program Service Revenue: $1,126,162
  • Gross Receipts: $1,616,936

Assets and Liabilities:

  • Total Assets: $9,163,785
  • Total Liabilities: $15,615
  • Net Assets: $9,148,170

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Programs

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

EMPLOYEE CONTRIBUT

Revenue

$881,778

INSURANCE PREMIUMS

Revenue

$244,384

Organization Details

Founding Year

2005

Principal Officer

Douglas Moss

Main Address

5333 MISSION CENTER RD STE 200, SAN DIEGO, CA, 92108

NTEE Category

Code: Y43 - Mutual benefit

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