Overview
What is Wood County Teachers Retirement Association?
The Wood County Teachers Retirement Association, situated in Parkersburg, West Virginia, functions as a nonprofit entity. Its primary mission is to offer retirement benefits to eligible professional personnel within Wood County. The association collects contributions, serving as a financial safety net for its members upon retirement. The association, with its headquarters at 1210 13TH STREET, contributes significantly to the financial security of Wood County teachers and other qualified professionals.
Is Wood County Teachers Retirement Association legitimate?
Wood County Teachers Retirement Association is a legitimate nonprofit organization registered as a 501(c)(11) entity. Wood County Teachers Retirement Association 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: $500
For more financial information, click here
What is the mission statement of Wood County Teachers Retirement Association?
The Wood County Teachers Retirement Association's primary mission is to offer retirement benefits to eligible professional personnel in Wood County. This organization is dedicated to providing retirement benefits, ensuring financial security for its members after their working years. Through regular contributions, the association facilitates retirement savings for teachers in Wood County, West Virginia. The association's primary goal is to provide a stable and secure financial future for its members following their retirement.
What is the revenue of Wood County Teachers Retirement Association?
Wood County Teachers Retirement Association's revenue in 2021 was $229.
Who are the executives of Wood County Teachers Retirement Association and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wood County Teachers Retirement Association?
Wood County Teachers Retirement Association's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Wood County Teachers Retirement Association
The Wood County Teachers Retirement Association, as its name suggests, is committed to providing retirement benefits for qualified professional personnel in Wood County. Its primary mission is to ensure a secure financial future for these individuals, who dedicate their careers to education and other related professions. By contributing to retirement funds, the association aims to provide a source of income post-retirement, enabling these professionals to maintain a decent standard of living after their working years.
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Impact
October, 2024
The Wood County Teachers Retirement Association plays a crucial role in securing the financial well-being of educators in Wood County, West Virginia. By providing retirement benefits to qualifying professional personnel, the organization ensures that teachers can transition into retirement with a measure of financial security, allowing them to enjoy their later years after dedicating their careers to education.
The contributions made to the retirement fund directly impact the stability and quality of life for retired educators, enabling them to maintain their livelihoods without the stress of financial uncertainty. This system not only honors the commitment and service of teachers but also fosters a supportive community that values education professionals.
Moreover, the association contributes to the overall appeal of teaching as a profession, encouraging individuals to enter the field with the assurance of a sustainable retirement plan. This impact extends into the broader community, as retired teachers often remain active and engaged, using their knowledge and experience to mentor younger generations and contribute to local initiatives, thereby enriching the community of Parkersburg and beyond.
This information is meant to be a general summary of Wood County Teachers Retirement Association. 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 2021.
- Investment Income: $35
- Gross Receipts: $229
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1938
Principal Officer
Rick Olcott
NTEE Category
Code: Y30 - Mutual benefit
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