Overview
What is Reta Trust?
The Reta Trust is a nonprofit organization founded under a religious trust agreement by two Roman Catholic Archdioceses, several dioceses, and religious orders of the Roman Catholic Church. Based in Walnut Creek, California, its mission is to provide affordable medical benefits to clergy, women religious, and their lay employees, along with their dependents, within the Roman Catholic community.
Is Reta Trust legitimate?
Reta Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Reta Trust 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: $122,156
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,759
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What is the mission statement of Reta Trust?
The Reta Trust was established under a religious trust agreement among several Roman Catholic archdioceses, dioceses, and religious orders. Its primary goal is to offer affordable medical benefits to clergy, women religious, and their lay employees, as well as their dependents, within the Roman Catholic community. The trust provides essential healthcare services to this specific group, ensuring they have access to necessary medical care. By pooling resources together, the Reta Trust is able to offer cost-effective medical benefits, making a significant difference in the lives of those it serves.
Who is the CEO of Reta Trust?
Kathryne M Mcgowan is the Chair of Reta Trust. The CEO's salary of Reta Trust is $0 and their total compensation is $0.
What is the revenue of Reta Trust?
Reta Trust's revenue in 2022 was $276,637,833.
Who are the executives of Reta Trust and what are their salaries?
There 6 volunteers at Reta Trust.
Here are 7 key members and their salaries (Reta Trust's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Reta Trust?
Reta Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reta Trust
The Reta Trust, established under a religious trust agreement between several Roman Catholic archdioceses, dioceses, and religious orders, serves as a means to offer affordable medical benefits to clergy, women religious, and their lay employees, along with their dependents, within the Roman Catholic community. The Trust, founded with the collective commitment of these religious entities, aims to ensure access to cost-effective healthcare for its members. By pooling resources, the Reta Trust extends its reach to provide comprehensive medical coverage to a large and diverse group within the faith. This collaborative effort enables the Trust to negotiate favorable terms and rates, ultimately leading to substantial savings for its members.
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Impact
October, 2024
Reta Trust significantly enhances the well-being of clergy, women religious, and their lay employees along with their dependents by providing cost-effective medical benefits tailored for the Roman Catholic community. Established through a collaborative agreement involving multiple archdioceses, dioceses, and religious orders, it addresses the unique healthcare needs of this demographic. By ensuring access to essential medical services, Reta Trust plays a vital role in supporting the physical and mental health of those dedicated to religious life and service, fostering a healthier community overall. The trust alleviates financial burdens related to healthcare, allowing individuals to focus on their spiritual and community commitments without the stress of medical costs. This focused approach not only contributes to individual wellness but also strengthens the foundations of the organizations and communities these individuals serve.
This information is meant to be a general summary of Reta Trust. 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: $3,822,116
- Program Service Revenue: $260,392,664
- Gross Receipts: $305,425,776
Assets and Liabilities:
- Total Assets: $85,515,612
- Total Liabilities: $37,454,026
- Net Assets: $48,061,586
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRUSTOR CONTRIBUTIONS
Revenue
$260,392,664
Organization Details
Founding Year
1976
Phone
(415) 536-4021Principal Officer
Kathryne M Mcgowan
Main Address
2121 N CALIFORNIA BLVD 350, WALNUT CREEK, CA, 94596
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