Overview
What is California School Boards Association District Services Corporation?
California School Boards Association District Services Corporation is a nonprofit organization situated in West Sacramento, California. It offers comprehensive business and management services to various public education agencies, such as school districts, county offices of education, community college districts, and other public entities whose primary mission is public education. In collaboration with Demsey Filliger & Associates, the corporation provides an alternative measurement method program under GASB 45 and 75. This program utilizes an online portal for clients to input plan data, receiving an actuarial review at a reduced cost compared to obtaining a full actuarial valuation. This innovative approach aims to assist these educational entities in managing their pension liabilities effectively.
Official website here: www.csba.org
Is California School Boards Association District Services Corporation legitimate?
California School Boards Association District Services Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. California School Boards Association District Services Corporation 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: $287,270
Professional Fundraising Fees: $0
Other Salaries and Wages: $349,795
For more financial information, click here
Official website here: www.csba.org
What is the mission statement of California School Boards Association District Services Corporation?
The California School Boards Association District Services Corporation serves a mission to aid public education agencies by providing business and management services. Specifically, they offer assistance in the form of business service assistance to school districts, county offices of education, community college districts, and other public agencies whose primary purpose is public education. This organization, through partnerships like the one with Demsey Filliger & Associates, offers programs like the GASB 45 and 75 Alternative Measurement Method Program, which utilizes an online portal to enable clients to input plan data and receive an actuarial review at a reduced cost compared to obtaining a full actuarial valuation.
Official website here: www.csba.org
Who is the CEO of California School Boards Association District Services Corporation?
Vernon M Billy is the Principal Officer of California School Boards Association District Services Corporation.
Official website here: www.csba.org
What is the revenue of California School Boards Association District Services Corporation?
California School Boards Association District Services Corporation's revenue in 2023 was $492,145.
Official website here: www.csba.org
Who are the executives of California School Boards Association District Services Corporation and what are their salaries?
There 5 volunteers at California School Boards Association District Services Corporation.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $13,495
- Other: $0
- Compensation: $0
- Related: $13,495
- Other: $0
- Compensation: $0
- Related: $29,682
- Other: $0
- Compensation: $0
- Related: $22,989
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $374,000
- Other: $75,490
- Compensation: $0
- Related: $138,058
- Other: $14,147
- Compensation: $0
- Related: $185,143
- Other: $55,051
- Compensation: $0
- Related: $156,750
- Other: $11,614
- Compensation: $0
- Related: $211,314
- Other: $31,892
- Compensation: $0
- Related: $223,955
- Other: $34,039
Official website here: www.csba.org
Where can I find the form 990 for California School Boards Association District Services Corporation?
California School Boards Association District Services Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.csba.org
Learn more at the official website: www.csba.org
Mission Statement of California School Boards Association District Services Corporation
California School Boards Association District Services Corporation, in essence, is an organization dedicated to providing business and management services to various public education agencies. Its primary mission is to offer assistance in the form of business services to school districts, county offices of education, community college districts, and other public agencies whose principal purpose is public education. By doing so, the corporation aims to support these agencies in managing their operations effectively and efficiently.
In practical terms, the California School Boards Association District Services Corporation provides a unique service to school districts, county offices, and other special districts. This service is the Gasb 45 and 75 Alternative Measurement Method Program, which is offered in partnership with Demsey Filliger & Associates. This program utilizes a user-friendly online portal that allows clients to input their plan data and receive an actuarial review at a significantly lower cost compared to obtaining a full actuarial valuation. This service not only saves these public education agencies time and resources but also ensures that they have the necessary tools to make informed decisions regarding their pension liabilities.
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Impact
October, 2024
California School Boards Association District Services Corporation significantly enhances the operational efficiency and financial health of public education agencies. By offering specialized business and management services, it supports school districts, county offices, and other educational entities in navigating complex financial obligations, particularly in actuarial assessments.
One of the key offerings is the GASB 45 and 75 Alternative Measurement Method Program, developed in partnership with Dempsey Filliger & Associates. This innovative program utilizes a unique online portal that streamlines the process for clients. They can easily enter plan data and receive an actuarial review at a substantially lower cost compared to traditional methods. This access to affordable, reliable actuarial services enables educational organizations to make informed financial decisions and better manage their long-term liabilities.
The impact extends to improving the overall governance and fiscal responsibility of educational institutions, allowing them to allocate resources more effectively and support their primary mission of delivering quality education. By providing critical business service assistance, the organization plays a vital role in bolstering the sustainability and accountability of public education agencies throughout California.
This information is meant to be a general summary of California School Boards Association District Services Corporation. 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 2023.
- Investment Income: $73,679
- Program Service Revenue: $418,466
- Gross Receipts: $492,145
Assets and Liabilities:
- Total Assets: $635,732
- Total Liabilities: $983,335
- Net Assets: -$347,603
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DISTRICT SERVICES
Revenue
$418,466
Organization Details
Founding Year
1995
Phone
(916) 371-4691Principal Officer
Vernon M Billy
Main Address
3251 BEACON BOULEVARD, WEST SACRAMENTO, CA, 956913531
Website
www.csba.orgNTEE Category
Code: B00 - Education
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