Miaa Msaa Voluntary Beneficiary Association Trust

Organization Overview

Miaa Msaa Voluntary Beneficiary Association Trust is located in Franklin, MA. The organization was established in 2010. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-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. Miaa Msaa Voluntary Beneficiary Association Trust 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, Miaa Msaa Voluntary Beneficiary Association Trust generated $439.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 47.6% each year . All expenses for the organization totaled $53.5k during the year ending 06/2021. While expenses have increased by 11.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE SOLE PURPOSE OF THE TRUST IS TO FUND THE COST OF HEALTHCARE PREMIUMS FOR THE ELIGIBLE RETIREES OF THE MASSACHUSETTS INTERSCHOLASTIC ATHLETIC ASSOCIATION, INC. AND MASSACHUSETTS SCHOOL ADMINISTRATORS ASSOCIATION, INCORPORATED AND THEIR ELIGIBLE DEPENDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MONIES HAVE BEEN DELIVERED, ACCEPTED AND INVESTED BY THE TRUSTEEES IN THE TRUST FOR THE BENEFIT OF THE RETIREES OF THE ASSOCIATIONS. INSURANCE PREMIUMS HAVE BEEN PAID.


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Financial Statements

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$322,842
Investment income $46,098
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $70,732
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $439,672

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