Garrison Benefit Trust Fund Veba is located in Garrison, NY. The organization was established in 1997. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garrison Benefit Trust Fund Veba is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2024, Garrison Benefit Trust Fund Veba generated $104.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $80.0k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
MANAGES VISION, DENTAL AND LIFE INSURANCE BENEFITS FOR GARRISON TEACHERS AND STAFF WITHIN GARRISON SCHOOL
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melissa Defonce Trustee | 2 | $0 | |
Sara Stevenson Trustee | 0.25 | $0 | |
Christine Valvano Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $103,918 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $298 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $104,216 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $71,864 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $7,323 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $69 |
Other expenses | $699 |
Total expenses | $79,955 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $68,640 |
Other assets | $0 |
Total assets | $68,640 |
Total liabilities | $0 |
Net assets or fund balances | $68,640 |