Overview
What is Preservation Of Benefit Plan Retiree Association?
The Preservation of Benefit Plan Retiree Association is a nonprofit organization committed to shielding and safeguarding the retirement benefits of its members. When the City of San Jose reduced retirement benefits, the association took legal action on behalf of its 20 members, seeking a remedy and covering associated legal fees. This organization's mission is to ensure the financial security of its members in their retirement years.
Is Preservation Of Benefit Plan Retiree Association legitimate?
Preservation Of Benefit Plan Retiree Association is a legitimate nonprofit organization registered as a 501(c)(5) entity. Preservation Of Benefit Plan Retiree Association 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 Preservation Of Benefit Plan Retiree Association?
The Preservation of Benefit Plan Retiree Association is committed to safeguarding and maintaining the retirement benefits of its members. In pursuit of this objective, the association took legal action against the City of San Jose for reducing retirement benefits, securing a remedy that also covered the payment of legal fees for its 20 members. Essentially, the association aims to safeguard the financial security of its members in retirement.
Who is the CEO of Preservation Of Benefit Plan Retiree Association?
Unavailable
What is the revenue of Preservation Of Benefit Plan Retiree Association?
Preservation Of Benefit Plan Retiree Association's revenue in 2022 was $0.
Who are the executives of Preservation Of Benefit Plan Retiree Association and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Preservation Of Benefit Plan Retiree Association?
Preservation Of Benefit Plan Retiree Association's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Preservation Of Benefit Plan Retiree Association
The Preservation of Benefit Plan Retiree Association, abbreviated as PBPRA, is committed to safeguarding and preserving the retirement benefits of its members. In pursuit of this mission, the association took legal action against the City of San Jose for reducing the retirement benefits of its 20 members. The PBPRA successfully secured remedies, including the payment of legal fees, to protect the retirement benefits of its members. This nonprofit organization acts as a shield, ensuring that the retirement benefits of its members are not compromised.
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Impact
October, 2024
The Preservation of Benefit Plan Retiree Association has a significant impact on its members by actively safeguarding their retirement benefits. In response to the City of San Jose's reduction of these benefits, the Association engaged in litigation to seek remedies for its members, ensuring their financial security in retirement. By covering legal fees and providing representation, the Association empowers its 20 members, facilitating a collective voice in legal matters that directly affect their livelihoods. This advocacy not only helps to restore lost benefits but also sets a precedent for how such issues are handled, advocating for the rights of retirees in the broader community.
This information is meant to be a general summary of Preservation Of Benefit Plan Retiree 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 2022.
Assets and Liabilities:
- Total Assets: $133,119
- Total Liabilities: $32,914
- Net Assets: $100,205
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Organization Details
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