Church Of The Brethren Benefit Trust Inc

Organization Overview

Church Of The Brethren Benefit Trust Inc is located in Elgin, IL. The organization was established in 1991. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Church Of The Brethren Benefit Trust Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Church Of The Brethren Benefit Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Church Of The Brethren Benefit Trust Inc generated $50.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $32.0m during the year ending 12/2021. While expenses have increased by 3.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CHURCH OF THE BRETHREN BENEFIT TRUST HAS A STATED PURPOSE TO SUPPORT THE FINANCIAL WELL-BEING OF THE CHURCH OF THE BRETHREN AND OTHER PERSONS AND GROUPS THAT SHARE SIMILAR VALUES BY OFFERING PROGRAMS THAT PROVIDE RETIREMENT, MEDICAL AND FINANCIAL AID BENEFITS TO MINISTERS, MISSIONARIES AND LAY EMPLOYEES OF CERTAIN CHURCHES AND CHURCH RELATED AGENCIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES RETIREMENT BENEFITS FOR ORDAINED AND LAY PASTORS AND CHURCH WORKERS, AND EMPLOYEES OF CONGREGATIONS, DISTRICTS, CAMPS, AGENCIES, AND AFFILIATED ORGANIZATIONS OF THE CHURCH OF THE BRETHREN AND OF OTHER LIKE-MINDED DENOMINATIONS AND GROUPS.


PROVIDE MEDICAL, DENTAL, VISION, LONG TERM DISABILITY AND LIFE INSURANCE TO ORDAINED AND LAY PASTORS AND EMPLOYEES OF CONGREGATIONS, DISTRICTS, CAMPS, AGENCIES, AND AFFILIATED ORGANIZATIONS OF THE CHURCH OF THE BRETHREN AND OF OTHER LIKE-MINDED DENOMINATIONS AND GROUPS.


CHURCH WORKERS ASSISTANCE PLAN - PROVIDES FINANCIAL AID AND EMERGENCY ASSISTANCE TO CHURCH OF THE BRETHREN PASTORS AND EMPLOYEES OF CONGREGATIONS, DISTRICTS, AND CAMPS WHO MEET TENURE REQUIREMENTS.


TO PROVIDE GRANTS TO PLAN SPONSORS WHOSE EMPLOYEES HAVE SERVED IN A CARE CAPACITY DURING THE COVID-19 PANDEMIC.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Nevin Dulabaum
President
$188,961
John Mcgough
Treasurer/cfo
$130,058
Scott Douglas
Vice President
$124,037
Steve Mason
Foundation Director
$120,610
Lynnae Rodeffer
Vice President
$114,912
Michelle Kilbourne
Secretary
$96,772

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kayne Anderson Rudnick Investment Manage
Investment Management
$356,888
Northwest Plan Services Inc
Pension Plan Recordkeeper
$367,884
Boston Trust Walden
Investment Management
$278,305
Boston Common Asset Management
Investment Management
$217,362
Columbia Threadneedle Investments
Investment Management
$190,704
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $573,124
All other contributions, gifts, grants, and similar amounts not included above$7,455
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$580,579
Total Program Service Revenue$11,416,302
Investment income $8,714,632
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $29,132,278
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $50,694,165

Grants Awarded

Over the last fiscal year, Church Of The Brethren Benefit Trust Inc has awarded $50,000 in support to 5 organizations.

Grant RecipientAmount

CROSS KEYS VILLAGE

Org PageRecipient Profile

New Oxford, PA

PURPOSE: HARDSHIP GRANT

$10,000

BRETHREN RETIREMENT COMMUNITY

Org PageRecipient Profile

Greenville, OH

PURPOSE: HARDSHIP GRANT

$10,000

VILLAGE AT MORRISON'S COVE

Org PageRecipient Profile

Martinsburg, PA

PURPOSE: HARDSHIP GRANT

$10,000

TIMBERCREST SENIOR LIVING

Org PageRecipient Profile

North Manchester, IN

PURPOSE: HARDSHIP GRANT

$10,000

PINECREST COMMUNITY

Org PageRecipient Profile

Mount Morris, IL

PURPOSE: HARDSHIP GRANT

$10,000
View Grant Profile

Peer Organizations

Create an account to unlock the data you need.

or