Brewster Teachers Association Welfare Fund

Organization Overview

Brewster Teachers Association Welfare Fund is located in Brewster, NY. The organization was established in 1981. 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. Brewster Teachers Association 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 08/2021, Brewster Teachers Association Welfare Fund generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $1.0m during the year ending 08/2021. While expenses have increased by 1.5% 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

TO PROVIDE HEALTH AND WELFARE BENEFITS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE DENTAL, VISION, MEDICAL SUPPLEMENTAL FLEX, LONG-TERM DISABILITY, LIFE INSURANCE, INVESTMENT COUNSELING AND LEGAL SERVICES TO PARTICIPANTS OF THE FUND.


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Board, Officers & Key Employees

Name (title)Compensation
Debra Elk
Chairperson - Former
$4,435
Sue Boehm
Trustee/treasurer
$1,109
Kayla Corvino
Trustee/secretary
$1,109
Mary Hoey
Trustee
$1,109
Debra Gorey
Trustee
$1,109
Richard Tivnan
Trustee
$1,109

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$1,121,849
Investment income $12,383
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,397
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,131,835

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