Overview
What is Education & Research Fund Of Employee Benefit Research Institute?
The Education & Research Fund of Employee Benefit Research Institute, located in Washington, D.C., is a nonprofit organization dedicated to furthering research and education in the field of employee benefits. Their mission is to promote and improve the quality of employee benefit programs and public policy through unbiased research. They undertake and sponsor various research projects related to employee benefits, and disseminate the findings to the public to encourage informed decisions. By contributing to this sector, the organization strives to foster sound employee benefit programs and policies.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Education & Research Fund of Employee Benefit Research Institute has received a low rating of 54%, indicating significant concerns regarding its financial performance and transparency. While the organization boasts a fully independent board and has established robust policies on conflict of interest and whistleblower protections, it still struggles with key financial metrics.
Strengths include a complete independent board and an effective audit and oversight committee, showcasing a commitment to governance. However, the organization faces serious limitations, particularly in its financial management. The low program expense ratio of 26.99% and a liabilities to assets ratio of 24.68% suggest difficulties in allocating funds effectively toward its programs. Moreover, the missing tax form on the nonprofit's website raises questions about transparency and accessibility of financial information.
This AI summary has been generated from information found on Charity Navigator.
Is Education & Research Fund Of Employee Benefit Research Institute legitimate?
Education & Research Fund Of Employee Benefit Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education & Research Fund Of Employee Benefit Research Institute 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:
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What is the mission statement of Education & Research Fund Of Employee Benefit Research Institute?
The Education & Research Fund of Employee Benefit Research Institute is dedicated to promoting and enhancing the development of robust employee benefit programs and sound public policies. They achieve this objective through conducting and sponsoring research in various domains of employee benefits, and subsequently making the findings readily available to the public. Their primary mission is to contribute to and encourage the creation of beneficial employee benefit plans and policies, thereby promoting overall well-being.
Who is the CEO of Education & Research Fund Of Employee Benefit Research Institute?
Lori Lucas is the President And Ceo of Education & Research Fund Of Employee Benefit Research Institute. The CEO's salary of Education & Research Fund Of Employee Benefit Research Institute is $0 and their total compensation is $0.
What is the revenue of Education & Research Fund Of Employee Benefit Research Institute?
Education & Research Fund Of Employee Benefit Research Institute's revenue in 2022 was $750,770.
Who are the executives of Education & Research Fund Of Employee Benefit Research Institute and what are their salaries?
There 12 volunteers at Education & Research Fund Of Employee Benefit Research Institute.
Here are 14 key members and their salaries (Education & Research Fund Of Employee Benefit Research Institute's CEO's salary is $0 and their total compensation is $0):
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- Other: $21,021
Where can I find the form 990 for Education & Research Fund Of Employee Benefit Research Institute?
Education & Research Fund Of Employee Benefit Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Education & Research Fund Of Employee Benefit Research Institute
The Education & Research Fund of Employee Benefit Research Institute is dedicated to advancing the development of robust employee benefit programs and informed public policy. To achieve this mission, the organization undertakes and sponsors research projects in various sectors of employee benefits. Furthermore, it disseminates the findings of these research projects to the public, thereby contributing to the creation of sound employee benefit programs. The primary objective of the Education & Research Fund is to encourage and enhance the quality of employee benefit programs through objective research and education.
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Impact
July, 2024
The Education & Research Fund of Employee Benefit Research Institute plays a crucial role in advancing sound employee benefit programs and public policy through objective research and education. By undertaking and sponsoring research projects related to various aspects of employee benefits, the Foundation helps to inform both employers and policymakers on best practices. Through publicizing the results of these research projects, the Fund contributes to the development of more effective and equitable employee benefit programs. This work ultimately benefits both employees and employers, promoting mutual benefit and enhancing the overall landscape of employee benefits in the United States.
This information is meant to be a general summary of Education & Research Fund Of Employee Benefit Research Institute. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $56,073
- Gross Receipts: $753,920
Assets and Liabilities:
- Total Assets: $2,540,502
- Total Liabilities: $514,934
- Net Assets: $2,025,568
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Organization Details
Founding Year
1979
Phone
(202) 775-6300Principal Officer
Lori Lucas
Main Address
901 D Street SW 802, Washington, DC, 200242169
NTEE Category
Code: Y050 - Mutual benefit
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