Mt Pleasant Cottage School Teachers Association Employee Benefit Fund is located in Wallingford, CT. The organization was established in 1992. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Pleasant Cottage School Teachers Association Employee Benefit Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2021, Mt Pleasant Cottage School Teachers Association Employee Benefit Fund generated $174.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $153.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE DENTAL & VISION BENEFITS, LIFE AND LONG TERM DISABILITY INSURANCE, AND A LEGAL SERVICE PLAN TO MEMBERS AND THEIR DEPENDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE DENTAL & VISION BENEFITS, LIFE AND LONG TERM DISABILITY INSURANCE, AND A LEGAL SERVICE PLAN TO MEMBERS AND THEIR DEPENDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Benedict Chairperson | Trustee | 5 | $12,000 |
John Walsh Trustee | Trustee | 1 | $595 |
Michael Peller Trustee | Trustee | 1 | $595 |
Gerald Hudson Trustee | Trustee | 1 | $595 |
Louise Sacchitiello Trustee | Trustee | 1 | $595 |
Carolyn Hartman Trustee | Trustee | 1 | $595 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $174,026 |
Investment income | $844 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $174,870 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $124,133 |
Compensation of current officers, directors, key employees. | $15,570 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $7,600 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,125 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,631 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $750 |
All other expenses | $0 |
Total functional expenses | $153,809 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $231,637 |
Savings and temporary cash investments | $478,144 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $709,781 |
Accounts payable and accrued expenses | $12,833 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $12,833 |
Net assets without donor restrictions | $696,948 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $709,781 |
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New England Association Of Schools & Colleges Inc Lowell, MA | $16,030,739 | $7,781,290 |
National Association For Communitycollege Entrepreneurship Inc Springfield, MA | $6,289,800 | $9,180,513 |
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National Education Association Rhode Island Cranston, RI | $10,459,695 | $4,596,791 |
American Federation Of Teachers Buffalo, NY | $5,936,673 | $3,712,581 |
New England Commission Of Higher Education Inc Burlington, MA | $6,648,757 | $4,536,246 |
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American Federation Of Teachers Syracuse, NY | $1,937,593 | $2,702,406 |