Watkins Glen Faculty Association Benefit Trust Fund
- Assets
- $44.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watkins Glen, NY
- Founding
- 01/1993
- Data as of
- 06/2022
- EIN
- 22-3186874
Organization Overview
Watkins Glen Faculty Association Benefit Trust Fund is located in Watkins Glen, NY. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watkins Glen Faculty Association Benefit Trust Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2022, Watkins Glen Faculty Association Benefit Trust Fund generated $131.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $195.1k during the year ending 06/2022. While expenses have increased by 6.7% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PURCHASE EMPLOYEE BENEFIT PLANS FOR EMPLOYEES OF THE WATKINS GLEN CENTRAL SCHOOL DISTRICT AND TO ADMINISTER AND PAY THE EXPENSE INCURRED BY THOSE PLANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Lazoration Chairperson | 1 | $1,500 | |
Jack Telech Treasurer | 1 | $750 | |
Jeanette Lasko Trustee | 1 | $0 | |
Liam O'kane Trustee | 1 | $0 | |
Jennifer Titus Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $111,822 |
| Membership dues | $19,866 |
| Investment income | $212 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,900 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $184,120 |
| Salaries, other compensation, and employee benefits | $2,250 |
| Professional fees and other payments to independent contractors | $1,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $30 |
| Other expenses | $7,608 |
| Total expenses | $195,108 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,712 |
| Other assets | $0 |
| Total assets | $44,712 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,712 |
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