Watkins Glen Faculty Association Benefit Trust Fund

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

EIN: 223186874 ✦ Watkins glen, NY ✦ Designated as a 501(c)(9)

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Overview

What is Watkins Glen Faculty Association Benefit Trust Fund?

The Watkins Glen Faculty Association Benefit Trust Fund is a nonprofit entity situated in Watkins Glen, New York. Its primary purpose is to procure and manage employee benefit plans for the personnel of the Watkins Glen Central School District. The trust fund assumes responsibility for covering the costs associated with these plans, ensuring financial support and coverage for the employees involved. This organization plays a crucial role in enhancing the overall well-being of the school district's employees by providing them with essential benefits.

Is Watkins Glen Faculty Association Benefit Trust Fund legitimate?

Watkins Glen Faculty Association Benefit Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Watkins Glen Faculty Association Benefit Trust Fund submitted a form 990EZ, 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.

What is the mission statement of Watkins Glen Faculty Association Benefit Trust Fund?

The Watkins Glen Faculty Association Benefit Trust Fund is dedicated to procuring and managing employee benefit plans for the workforce of the Watkins Glen Central School District. Its primary role involves the administration and payment of associated expenses for these plans. In essence, the fund serves to enhance the welfare of the district's employees by providing them with comprehensive benefit plans.

Who is the CEO of Watkins Glen Faculty Association Benefit Trust Fund?

Jack Telech is the Treasurer of Watkins Glen Faculty Association Benefit Trust Fund.

What is the revenue of Watkins Glen Faculty Association Benefit Trust Fund?

Watkins Glen Faculty Association Benefit Trust Fund's revenue in 2023 was $61,567.

Who are the executives of Watkins Glen Faculty Association Benefit Trust Fund and what are their salaries?


Here are 5 key members and their salaries:


Connie Lazoration (Chairperson)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Jack Telech (Treasurer)
  • Compensation: $750
  • Related: $0
  • Other: $0
Jennifer Titus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Lasko (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liam O'Kane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Watkins Glen Faculty Association Benefit Trust Fund?

Watkins Glen Faculty Association Benefit Trust Fund's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Watkins Glen Faculty Association Benefit Trust Fund

The Watkins Glen Faculty Association Benefit Trust Fund serves a vital role by acquiring and managing employee benefit plans for the staff of the Watkins Glen Central School District. This nonprofit organization is responsible for covering the associated costs incurred by these plans, ensuring the well-being and financial security of its employees. By purchasing and administering these plans, the Watkins Glen Faculty Association Benefit Trust Fund demonstrates its commitment to supporting the workforce of the school district.

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Impact




October, 2024

The Watkins Glen Faculty Association Benefit Trust Fund plays a vital role in enhancing the welfare of employees within the Watkins Glen Central School District. By purchasing and administering employee benefit plans, the Fund ensures that educators and staff have access to essential health and welfare benefits. This support fosters a healthier and more secure work environment, ultimately contributing to employee satisfaction and retention.

Moreover, by managing the expenses associated with these plans, the Fund alleviates financial burdens on both employees and the school district. This creates a more sustainable system for providing benefits, allowing the district to focus resources on educational initiatives rather than administrative complexities. Overall, the Trust Fund serves as a crucial component in promoting the well-being of the district's workforce, which in turn enhances the overall quality of education for students in the community.




This information is meant to be a general summary of Watkins Glen Faculty Association Benefit Trust 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
$61,567 (2023)
Expenses
$81,350 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $60
  • Program Service Revenue: $58,911
  • Gross Receipts: $61,567

Assets and Liabilities:

  • Total Assets: $24,929
  • Total Liabilities: $0
  • Net Assets: $24,929

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Organization Details

Principal Officer

Jack Telech

Main Address

301 12TH ST, WATKINS GLEN, NY, 14891

NTEE Category

Code: Y40 - Mutual benefit

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