Jefferson Federation Of Teachers Health And Welfare Fund is located in Metairie, LA. The organization was established in 1985. 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. Jefferson Federation Of Teachers Health And Welfare Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 08/2022, Jefferson Federation Of Teachers Health And Welfare Fund generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $3.9m during the year ending 08/2022. While expenses have increased by 7.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
VEBA FOR THE BENEFITS OF PARTICIPANTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DENTAL AND VISION INSURANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Potts Jr Chairman | OfficerTrustee | 0 | $0 |
Chad Nugent Secretary | OfficerTrustee | 0 | $0 |
Clay Moise Trustee | Trustee | 0 | $0 |
Kesler Camese-Jones Trustee | Trustee | 0 | $0 |
Donna Joseph Trustee | Trustee | 0 | $0 |
Meladie Munch Trustee | Trustee | 0 | $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 | $3,824,011 |
Investment income | $37,553 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$42,410 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,830,342 |
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 | $3,541,595 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $81,500 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $38,999 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,803 |
Fees for services: Accounting | $24,006 |
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 | $5,448 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $17,015 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,085 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,575 |
Insurance | $16,551 |
All other expenses | $4,401 |
Total functional expenses | $3,871,437 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $72,213 |
Savings and temporary cash investments | $0 |
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 | $35,501 |
Net Land, buildings, and equipment | $8,675 |
Investments—publicly traded securities | $2,096,284 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,212,673 |
Accounts payable and accrued expenses | $508,813 |
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 | $508,813 |
Net assets without donor restrictions | $1,703,860 |
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 | $2,212,673 |
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Association Of Texas Professional Educators Austin, TX | $26,286,970 | $12,638,531 |
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Good Reason Houston Inc Houston, TX | $15,216,184 | $12,441,249 |
The Teaching Trust Dallas, TX | $0 | $1,277,048 |
Texas Classroom Teachers Association Austin, TX | $18,131,963 | $5,396,688 |
National Diversity Council Houston, TX | $4,256,858 | $6,138,107 |
American Case Management Association Little Rock, AR | $1,766,697 | $2,995,171 |
Texas Computer Education Association Austin, TX | $6,144,235 | $4,520,658 |
Jefferson Federation Of Teachers Health And Welfare Fund Metairie, LA | $2,212,673 | $3,830,342 |
Texas Pioneer Foundation Texarkana, TX | $58,953,395 | $3,411,006 |