New Zealand Anglican Church Pension Board

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

EIN: 980160621 ✦ Designated as a 501(c)(3)

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Overview

What is New Zealand Anglican Church Pension Board?

The New Zealand Anglican Church Pension Board is a nonprofit organization, situated in Wellington, New Zealand. Its primary mission is to offer retirement and welfare benefits to the clergy of the Anglican Church in New Zealand. With over 400 active members, the board accumulates funds towards their future pensions. Upon retirement, these clergy and their dependents receive pension payments, totaling 600 beneficiaries. The board's activities are centered around ensuring the financial security and well-being of its clergy members.


Official website here: www.angfincare.nz

Is New Zealand Anglican Church Pension Board legitimate?

New Zealand Anglican Church Pension Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Zealand Anglican Church Pension Board 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: $169,906
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,079,657

For more financial information, click here


Official website here: www.angfincare.nz

What is the mission statement of New Zealand Anglican Church Pension Board?

The New Zealand Anglican Church Pension Board's mission is centered around providing retirement and welfare benefits to the clergy of the New Zealand Anglican Church. In operation, it focuses on accumulating funds towards pension plans for clergy in active service, currently serving 414 members. Upon retirement, the board pays out pensions to over 600 retired clergy and their dependents, demonstrating its commitment to the well-being of the clergy in their golden years.


Official website here: www.angfincare.nz

Who is the CEO of New Zealand Anglican Church Pension Board?

Margaret Bearsley is the Chief Investment Officer of New Zealand Anglican Church Pension Board. The CEO's salary of New Zealand Anglican Church Pension Board is $76,297 and their total compensation is $76,297.


Official website here: www.angfincare.nz

What is the revenue of New Zealand Anglican Church Pension Board?

New Zealand Anglican Church Pension Board's revenue in 2022 was $9,410,186.


Official website here: www.angfincare.nz

Who are the executives of New Zealand Anglican Church Pension Board and what are their salaries?

There 4 volunteers at New Zealand Anglican Church Pension Board.


Here are 12 key members and their salaries (New Zealand Anglican Church Pension Board's CEO's salary is $76,297 and their total compensation is $76,297):


Simon Brodie (Chief Investment Officer)
  • Compensation: $161,437
  • Related: $0
  • Other: $0
Manher Sukha (Investment Manager)
  • Compensation: $110,495
  • Related: $0
  • Other: $0
Tracey Chong (Chief Financial Officer)
  • Compensation: $100,450
  • Related: $0
  • Other: $0
Margaret Bearsley (Chief Executive)
  • Compensation: $76,297
  • Related: $0
  • Other: $0
Andrew Johnson (Independent Licensed Trustee)
  • Compensation: $16,613
  • Related: $0
  • Other: $0
The Very Reverend Laurence Kimberly (Chairman)
  • Compensation: $8,359
  • Related: $0
  • Other: $0
The Reverend Vicki Sykes (Board Member)
  • Compensation: $5,921
  • Related: $0
  • Other: $0
The Reverend Isaac Beach (Board Member)
  • Compensation: $5,921
  • Related: $0
  • Other: $0
Ms K Burridge (Board Member)
  • Compensation: $3,135
  • Related: $0
  • Other: $0
Tom Ricketts (Board Member)
  • Compensation: $3,135
  • Related: $0
  • Other: $0
Hugh Stevens (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wallace (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.angfincare.nz

Where can I find the form 990 for New Zealand Anglican Church Pension Board?

New Zealand Anglican Church Pension Board's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.angfincare.nz

Learn more at the official website: www.angfincare.nz

Mission Statement of New Zealand Anglican Church Pension Board

The New Zealand Anglican Church Pension Board serves a crucial role in providing retirement and welfare benefits to clergy affiliated with the New Zealand Anglican Church. Their mission is centered around ensuring the financial security of clergy members in their later years, offering cash accumulation plans and pension payments to retired clergy and their dependents. With a membership of 414 active clergy, the organization plays a significant role in supporting the spiritual leaders of the Anglican Church in New Zealand, ensuring they can maintain a dignified standard of living in their retirement. The Pension Board is dedicated to this mission, managing the retirement savings of its members and providing pensions to over 622 retired clergy and their dependents.

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Impact




October, 2024

The New Zealand Anglican Church Pension Board significantly enhances the financial security and welfare of clergy within the New Zealand Anglican Church. By providing retirement and welfare benefits, it supports 414 currently serving clergy members through cash accumulation towards their pensions. This vital service enables clergy to focus on their pastoral duties, knowing that their future financial needs are being addressed.

Additionally, the Board plays a crucial role in the lives of 622 retired clergy and their dependents by ensuring that they receive a reliable pension. This fosters a sense of community and care, reinforcing the value placed on those who have dedicated their lives to serving the Church. Overall, the Pension Board's activities promote sustainability and peace of mind for clergy and their families, fostering a stronger, more secure network within the Anglican community in New Zealand.




This information is meant to be a general summary of New Zealand Anglican Church Pension Board. 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
$9,410,186 (2022)
Expenses
$8,126,857 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,955,383
  • Program Service Revenue: $1,515,944
  • Gross Receipts: $9,410,186

Assets and Liabilities:

  • Total Assets: $105,214,329
  • Total Liabilities: $231,070
  • Net Assets: $104,983,259

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Insurance Premiums

Revenue

$188,230

Pension Contributions

Revenue

$1,326,703

Welfare Loan Revaluations

Revenue

$1,011

Organization Details

Founding Year

1972

Principal Officer

Margaret Bearsley

NTEE Category

Code: Y30Z - Mutual benefit

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