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Committee On Investment Of Employee Benefit Assets Inc

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

EIN: 475104757 ✦ Naples, FL ✦ Designated as a 501(c)(6)

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Overview

What is Committee On Investment Of Employee Benefit Assets Inc?

Committee On Investment Of Employee Benefit Assets Inc, or CIEBA, is a trade organization based in Naples, Florida. Its primary purpose is to advocate for the effective and efficient operation of employee retirement plans and investments. CIEBA achieves this by organizing informational events and educational opportunities for members, providing a platform for them to influence retirement savings policymakers, and engaging with relevant media on current retirement plan-related topics. CIEBA's membership comprises chief investment officers from over 100 primarily U.S.-based companies, most of whom serve as fiduciaries of their respective companies' retirement plans governed by the Employee Retirement Income Security Act of 1974. The organization dedicates its entire time to promoting the common interests of its members.


Official website here: www.cieba.org

Is Committee On Investment Of Employee Benefit Assets Inc legitimate?

Committee On Investment Of Employee Benefit Assets Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Committee On Investment Of Employee Benefit Assets Inc 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: $312,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,687

For more financial information, click here


Official website here: www.cieba.org

What is the mission statement of Committee On Investment Of Employee Benefit Assets Inc?

The Committee On Investment Of Employee Benefit Assets Inc, commonly known as CIEBA, is a trade organization primarily composed of chief investment officers who manage and oversee retirement plan assets for over 100 predominantly US-based companies. These investment officers often serve as fiduciaries of their respective companies' retirement plans, governed by the Employee Retirement Income Security Act of 1974. CIEBA dedicates 100% of its time to promoting the common interests of its members by organizing and hosting conferences, seminars, and meetings to discuss current and emerging retirement investment policy issues. They also provide input to policymakers on matters affecting the management of retirement plan assets, submit and publish testimonies and position statements, and engage with relevant media on topics related to retirement plans and investments. In essence, CIEBA aims to advance the collective interests of its members in the realm of retirement investment policies and practices.


Official website here: www.cieba.org

Who is the CEO of Committee On Investment Of Employee Benefit Assets Inc?

Dennis Simmons is the Executive Director of Committee On Investment Of Employee Benefit Assets Inc.


Official website here: www.cieba.org

What is the revenue of Committee On Investment Of Employee Benefit Assets Inc?

Committee On Investment Of Employee Benefit Assets Inc's revenue in 2022 was $709,978.


Official website here: www.cieba.org

Who are the executives of Committee On Investment Of Employee Benefit Assets Inc and what are their salaries?

The average compensation at Committee On Investment Of Employee Benefit Assets Inc during 2022 was $194,244. There are 2 employees and 13 volunteers at Committee On Investment Of Employee Benefit Assets Inc.


Here are 14 key members and their salaries:


Dennis Simmons (Executive Director)
  • Compensation: $312,800
  • Related: $0
  • Other: $24,436
Robert Sparling (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Roache (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Buk (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Vivian (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Bosco (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernie Caballero (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Cavazos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Diamonte (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alayne Gatti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Glidden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hunkeler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Tusch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cieba.org

Where can I find the form 990 for Committee On Investment Of Employee Benefit Assets Inc?

Committee On Investment Of Employee Benefit Assets Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cieba.org

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

Mission Statement of Committee On Investment Of Employee Benefit Assets Inc

The Committee On Investment Of Employee Benefit Assets Inc, often abbreviated as CIEBA, is a trade organization primarily made up of chief investment officers who manage and administer corporate retirement plan assets for over 100 predominantly US-based companies. Most of these members act as fiduciaries for their respective companies' retirement plans, which are governed by the Employee Retirement Income Security Act of 1974. CIEBA dedicates 100% of its time to promoting the common interests of its members. This mission is accomplished through several means.

Firstly, CIEBA organizes and hosts conferences, seminars, and meetings for its members, focusing on current and emerging retirement investment policy issues. These events provide a platform for members to share insights and best practices, ensuring they remain informed about the latest trends in retirement planning and investments.

Secondly, CIEBA plays an active role in providing input to policymakers on matters affecting the management of retirement plan assets. By doing so, the organization helps shape policies that support its members in effectively managing their retirement plans.

Thirdly, CIEBA submits and publishes testimony and position statements on current topics related to retirement plans and investments. This advocacy work helps ensure that the voices of its members are heard in policy discussions, influencing decisions that impact the retirement planning landscape.

Lastly, CIEBA engages with relevant media on these topics, using this platform to disseminate its perspective and insights to a wider audience. By doing so, the organization helps shape public discourse on retirement planning and investments, further promoting the interests of its members. In summary, CIEBA is a trade organization that works tirelessly to promote the common interests of its members by organizing events, providing policy input, submitting testimony, and engaging with media on retirement planning and investment issues.

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Impact




October, 2024

Committee On Investment Of Employee Benefit Assets Inc (CIEBA) plays a significant role in the landscape of corporate retirement plan management. By serving as a trade organization for chief investment officers overseeing retirement assets for major U.S. companies, it provides a platform for its members to collaborate, share insights, and address challenges specific to retirement investment policy.

CIEBA's activities include organizing conferences, seminars, and meetings that focus on emerging issues in retirement investment. This education and information-sharing effort fosters a robust dialogue among industry leaders, helping to enhance the effectiveness and efficiency of employee benefit plans governed by the Employee Retirement Income Security Act of 1974 (ERISA).

The organization also actively engages with policymakers, offering input on legislation and regulations that affect retirement plan management. By publishing testimonies and position statements, CIEBA ensures that the perspectives of investment professionals are considered in the formulation of policies that govern retirement assets.

Furthermore, the organization connects its members with media outlets, amplifying discussions on important topics related to retirement plans and investments. This engagement not only raises awareness of critical issues but also fosters greater understanding among stakeholders involved in employee benefits.

Overall, CIEBA's impact lies in its commitment to promoting the interests of its members, supporting the sustainable management of corporate retirement plans, and enhancing the landscape of employee benefits for corporations and their employees.




This information is meant to be a general summary of Committee On Investment Of Employee Benefit Assets Inc. 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
$709,978 (2022)
Expenses
$645,283 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,224
  • Program Service Revenue: $194,150
  • Gross Receipts: $709,978

Assets and Liabilities:

  • Total Assets: $1,262,080
  • Total Liabilities: $637,751
  • Net Assets: $624,329

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Programs

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

REGISTRATION FEES

Revenue

$194,150

Organization Details

Founding Year

2015

Principal Officer

Dennis Simmons

Main Address

PO BOX 111364, NAPLES, FL, 34108

NTEE Category

Code: S41 - Community improvement

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