Overview
What is Carleton University Retirement Plan?
Carleton University Retirement Plan is a retirement-focused initiative, primarily funded through contributions from the university's employees and employer. This nonprofit plan is committed to managing and growing assets held in trust, with the aim of providing retirement benefits to its members. By doing so, Carleton University Retirement Plan plays a crucial role in supporting the well-being and future financial security of its faculty and staff, contributing to the overall excellence and sustainability of Carleton University, Canada's esteemed Capital University.
Official website here: www.carleton.ca/pfm
Is Carleton University Retirement Plan legitimate?
Carleton University Retirement Plan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carleton University Retirement Plan 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: $378,312
For more financial information, click here
Official website here: www.carleton.ca/pfm
What is the mission statement of Carleton University Retirement Plan?
The Carleton University Retirement Plan's mission is centered around collecting contributions from both employees and the university itself, with the primary goal of providing retirement benefits. The earnings generated from the investments of these contributions are held in trust, serving as a retirement fund for the plan's participants. The plan aims to support the financial well-being of its members in their post-employment years. Carleton University, as an institution, is home to a dedicated community of faculty and staff, committed to excellence in education and research, which indirectly benefits from the retirement plan's provisions.
Official website here: www.carleton.ca/pfm
Who is the CEO of Carleton University Retirement Plan?
Unavailable
Official website here: www.carleton.ca/pfm
What is the revenue of Carleton University Retirement Plan?
Carleton University Retirement Plan's revenue in 2022 was -$127,365,051.
Official website here: www.carleton.ca/pfm
Who are the executives of Carleton University Retirement Plan and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $133,000
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.carleton.ca/pfm
Where can I find the form 990 for Carleton University Retirement Plan?
Carleton University Retirement Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.carleton.ca/pfm
Learn more at the official website: www.carleton.ca/pfm
Mission Statement of Carleton University Retirement Plan
The Carleton University Retirement Plan, in its mission, collects contributions from both employees and the employer of Carleton University. The primary goal of these contributions is to establish a retirement benefits system. The assets accumulated through these contributions are then invested and managed in a trust, with the earnings serving as a source of retirement income for the plan's beneficiaries. By providing retirement benefits, the Carleton University Retirement Plan plays a crucial role in supporting the well-being and financial security of its members, enabling them to enjoy their post-employment years with peace of mind. The Carleton University Retirement Plan is an integral part of the larger Carleton University community, which is known for its talented, committed, and enthusiastic faculty and staff, who are dedicated to academic excellence and research.
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Impact
October, 2024
The Carleton University Retirement Plan plays a significant role in ensuring the financial security and well-being of its employees after their working years. Through contributions made by employees and the employer, the plan accumulates funds that are then invested to generate earnings. These investments are held in trust, ensuring that the retirement benefits are safeguarded and can grow over time.
By providing a reliable source of retirement income, the plan fosters a sense of stability and peace of mind among faculty and staff. This, in turn, contributes to a more dedicated and focused workforce, as employees can concentrate on their roles in educating and conducting research without the added stress of financial uncertainty in their retirement years. Overall, the Carleton University Retirement Plan underpins the institution's commitment to the welfare of its community, ensuring that dedicated service is rewarded with a secure retirement.
This information is meant to be a general summary of Carleton University Retirement Plan. 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: $68,671,634
- Program Service Revenue: $28,569,952
- Gross Receipts: $265,020,523
Assets and Liabilities:
- Total Assets: $1,123,255,112
- Total Liabilities: $0
- Net Assets: $1,123,255,112
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RETIREMENT PLAN CONTRIBUTIONS
Revenue
$28,569,952
Organization Details
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