Williamsville Teachers Association Benefits Tr is located in Williamsville, NY. The organization was established in 2002. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations Government), 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. Williamsville Teachers Association Benefits Tr is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 08/2021, Williamsville Teachers Association Benefits Tr generated $16.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $16.7m during the year ending 08/2021. While expenses have increased by 5.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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 MEDICAL BENEFITS TO ELIGIBLE PARTICIPANTS OF THE TRUST
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST PROVIDED HEALTH AND DENTAL INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS OF THE TRUST
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bonnie Glaser Trustee | Trustee | 8 | $0 |
Virginia Campos Former Trustee | Trustee | 8 | $0 |
Daniel Zambito Trustee | Trustee | 8 | $0 |
Jessica English Trustee | Trustee | 8 | $0 |
William Garlapo Trustee | Trustee | 8 | $0 |
Kevin Vandermeid Trustee | Trustee | 8 | $0 |
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 | $16,038,849 |
Investment income | $141,523 |
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 | $16,346,317 |
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 | $16,011,228 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,640 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,343 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,440 |
Fees for services: Accounting | $11,843 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $19,910 |
Fees for services: Other | $550,928 |
Advertising and promotion | $0 |
Office expenses | $5,417 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,171 |
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 | $8,660 |
All other expenses | $0 |
Total functional expenses | $16,658,090 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $188,746 |
Savings and temporary cash investments | $315,093 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $779,494 |
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 | $29,254 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $5,663,888 |
Investments—other securities | $2,564,882 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,541,357 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $164,242 |
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 | $164,242 |
Net assets without donor restrictions | $0 |
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 | $9,377,115 |
Total liabilities and net assets/fund balances | $9,541,357 |