Overview
What is Municipal Shared Services Corporation?
The Municipal Shared Services Corporation is a nonprofit organization with a mission to assist local government agencies in delivering services. They have engaged in contracts with two public agencies to address outstanding pension system service credit issues. Through negotiations, several individuals' pensionable service credits were reallocated, and settlements were reached during the year. Despite the dissolution of these contracts, ongoing negotiations aim to resolve remaining service credit obligations. The corporation's primary objective is to support local government agencies in their service delivery, aiming to provide better and more efficient public services.
Is Municipal Shared Services Corporation legitimate?
Municipal Shared Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Municipal Shared Services Corporation 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 Municipal Shared Services Corporation?
The Municipal Shared Services Corporation's mission is to assist local government agencies in providing services. They accomplish this by entering into contracts with public agencies to resolve outstanding pension system service credit issues. Through these negotiations, many individuals' pensionable service credits have been reallocated, and settlements have been reached. The corporation continues to work towards resolving remaining service credit obligations. Its primary goal is to support local government agencies, ensuring they can deliver essential services effectively.
Who is the CEO of Municipal Shared Services Corporation?
Richard Averett is the President of Municipal Shared Services Corporation.
What is the revenue of Municipal Shared Services Corporation?
Municipal Shared Services Corporation's revenue in 2022 was $0.
Who are the executives of Municipal Shared Services Corporation 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 990EZ for Municipal Shared Services Corporation?
Municipal Shared Services Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Municipal Shared Services Corporation
Municipal Shared Services Corporation's mission is centered around supporting local government agencies in their service provision. Specifically, the corporation enters into contracts with public agencies to resolve outstanding pension system service credits. Through negotiation, many individuals' pensionable service credits have been reallocated, leading to settlements. While contracts with two public agencies have since been dissolved, ongoing negotiations continue to finalize remaining service credit obligations. The organization's mission ultimately aims to bolster the capabilities of local government agencies, enabling them to offer optimal services.
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Impact
October, 2024
Municipal Shared Services Corporation plays a significant role in addressing the complexities of pension system service credits for local government agencies. By entering into contracts with public agencies, it facilitates negotiations aimed at resolving outstanding pension obligations. This process has allowed for the reallocation of pensionable service credits for many individuals, ensuring that they receive the benefits they are entitled to.
The corporation's efforts have culminated in settlements that help clarify and finalize the pension service credit issues, thereby alleviating potential financial burdens on local government entities and their constituents. Additionally, ongoing negotiations for remaining service credit obligations indicate a commitment to continuous improvement and support for local government functions. Overall, the impact of the Municipal Shared Services Corporation is instrumental in enhancing financial clarity and promoting the stability of local government pension systems.
This information is meant to be a general summary of Municipal Shared 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 2022.
Assets and Liabilities:
- Total Assets: $31,059
- Total Liabilities: $67,761
- Net Assets: -$36,702
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Organization Details
Phone
(831) 308-1508Principal Officer
Richard Averett
Main Address
PO Box 1350, Carmel Valley, CA, 93924
NTEE Category
Code: B90 - Education
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