California Teachers Association Economic Benefits Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 946665695 ✦ Burlingame, CA ✦ Designated as a 501(c)(9)

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Overview

What is California Teachers Association Economic Benefits Trust?

The California Teachers Association Economic Benefits Trust is a nonprofit organization based in Burlingame, California, with the postal address PO Box 921. Its primary mission is to offer various permissible benefits to members of the California Teachers Association (CTA) and their beneficiaries. This includes providing death and dismemberment coverage, as well as health and welfare benefits. The Trust also plays a role in generating and sharing information about CTA-endorsed programs to its members.

Is California Teachers Association Economic Benefits Trust legitimate?

California Teachers Association Economic Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. California Teachers Association Economic Benefits 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of California Teachers Association Economic Benefits Trust?

The California Teachers Association Economic Benefits Trust focuses on providing permissible benefits to members of the California Teachers Association through a Voluntary Employees' Benefit Association (VEBA) trust. The trust offers a range of benefits, including death and dismemberment coverage, as well as health and welfare services. In addition to delivering these benefits, the trust also disseminates information to members regarding various programs endorsed by the California Teachers Association.

Who is the CEO of California Teachers Association Economic Benefits Trust?

Erika Jones is the Trustee of California Teachers Association Economic Benefits Trust.

What is the revenue of California Teachers Association Economic Benefits Trust?

California Teachers Association Economic Benefits Trust's revenue in 2022 was $14,476,704.

Who are the executives of California Teachers Association Economic Benefits Trust and what are their salaries?


Here are 5 key members and their salaries:


Ernest T Boyd (Trustee)
  • Compensation: $0
  • Related: $219,152
  • Other: $123,475
David B Goldberg (Trustee)
  • Compensation: $0
  • Related: $228,625
  • Other: $122,385
Leslie Littman (Trustee)
  • Compensation: $0
  • Related: $201,286
  • Other: $116,789
Walter J Boyd (Trustee)
  • Compensation: $0
  • Related: $293,014
  • Other: $222,672
Joe Nunez (Trustee (To 7/31/19))
  • Compensation: $0
  • Related: $253,795
  • Other: $0
Where can I find the form 990 for California Teachers Association Economic Benefits Trust?

California Teachers Association Economic Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of California Teachers Association Economic Benefits Trust

The California Teachers Association Economic Benefits Trust is a trust that is dedicated to providing permissible benefits to members and beneficiaries of the California Teachers Association (CTA). In simple terms, the trust acts as a vehicle to extend various benefits to CTA members. These benefits extend beyond the realm of education and include health and welfare, as well as death and dismemberment coverage.

The trust goes beyond just providing these essential benefits. It also serves as a reliable source of information for CTA members regarding various CTA-endorsed programs. By producing and disseminating this information, the trust plays a significant role in ensuring that CTA members are well-informed about the offerings and advantages available to them.

In essence, the California Teachers Association Economic Benefits Trust acts as a safety net for CTA members, offering them essential benefits and keeping them informed about the various opportunities that the CTA has to offer. This mission is crucial for the well-being and peace of mind of CTA members, allowing them to focus on their professional and personal lives with confidence.

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Impact




October, 2024

The California Teachers Association Economic Benefits Trust delivers critical financial support and benefits to its members, enhancing their overall well-being and security. By providing death and dismemberment benefits, as well as health and welfare benefits, the Trust plays a vital role in safeguarding the interests of California teachers and their families. It also actively disseminates important information about various CTA-endorsed programs, equipping members with knowledge that can help them make informed decisions regarding their benefits and resources. Ultimately, the Trust serves as a significant resource, ensuring that educators have access to essential benefits that contribute to their economic and personal stability.




This information is meant to be a general summary of California Teachers Association Economic Benefits 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.

Revenue
$14,476,704 (2022)
Expenses
$3,062,694 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,933,068
  • Gross Receipts: $16,176,951

Assets and Liabilities:

  • Total Assets: $163,082,622
  • Total Liabilities: $474,261
  • Net Assets: $162,608,361

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Organization Details

Founding Year

1994

Principal Officer

Erika Jones

Main Address

PO BOX 921, BURLINGAME, CA, 94010

NTEE Category

Code: R00 - Civil rights

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