International City Management Association Retirement Corp

Organization Overview

International City Management Association Retirement Corp, operating under the name Missionsquare Retirement, is located in Washington, DC. The organization was established in 1973. According to its NTEE Classification (Y30) the organization is classified as: Pension & Retirement Funds, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Missionsquare Retirement employed 770 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missionsquare Retirement 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 12/2020, Missionsquare Retirement generated $249.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $221.9m during the year ending 12/2020. While expenses have increased by 1.7% 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.

Since 2014, Missionsquare Retirement has awarded 21 individual grants totaling $25,727,328. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO LESSEN THE BURDENS OF STATE AND LOCAL GOVERNMENTS... (CON'T ON SCHEDULE O, GENERAL STATEMENT 1) GENERAL STATEMENT 1TO LESSEN THE BURDENS OF STATE AND LOCAL GOVERNMENTS AND THEIR AGENCIES AND INSTRUMENTALITIES BY ASSISTING THEM IN ESTABLISHING AND ADMINISTERING QUALIFIED DEFERRED COMPENSATION AND OTHER RETIREMENT PLANS, AND BY PROVIDING THEM WITH RETIREMENT PLAN ADMINISTRATION AND ASSET MANAGEMENT SERVICES THAT INCLUDE BROAD-BASED FINANCIAL AND RETIREMENT PLANNING AND RELATED INVESTMENT EDUCATION SUPPORT. THE CORPORATION MAKES ITS SERVICES AVAILABLE TO ALL MUNICIPAL GOVERNMENT EMPLOYERS, INCLUDING MANY THAT HAVE LIMITED OR NO OTHER VIABLE RETIREMENT PLAN ADMINISTRATION OR PUBLIC TRUST INVESTMENT OPTIONS AVAILABLE TO THEM.

Describe the Organization's Program Activity:

THE CORPORATION PROVIDED PLAN ADMINISTRATION, ASSET MANAGEMENT, AND RETIREMENT EDUCATION AND PLANNING SERVICES TO 4,713 STATE AND LOCAL GOVERNMENT EMPLOYERS, OFFERING 9,922 RETIREMENT PLANS WITH 1,640,149 PUBLIC SECTOR EMPLOYEE RETIREMENT ACCOUNTS.


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

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Data Management Group Llc
It Consulting
$2,466,156
Our Ideaworks Llc
It Consulting
$1,379,270
Sullivan & Company Marketing Collateral
Video Production
$735,375
Slalom Consulting Llc
Management Consulting
$4,451,357
Microsoft Licensing Gp
It Services
$788,110
View All Vendors

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$230,250,430
Investment income $9,656,319
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $9,282,740
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $249,374,685

Grants Awarded

Over the last fiscal year, International City Management Association Retirement Corp has awarded $20,109,668 in support to 4 organizations.

Grant RecipientAmount

MISSIONSQUARE FOUNDATION

Org PageRecipient Profile

Washington, DC

PURPOSE: SEE SCHEDULE I, PART IVTHE PURPOSE OF THIS TEN-YEAR PLEDGE-GRANT TO MISSIONSQUARE FOUNDATION WAS TO SUPPORT ITS WORK TO BUILD STRONGER COMMUNITIES AND CREATE LONG-TERM FINANCIAL RESILIENCY FOR FAMILIES.

$20,000,000

BOSTON COLLEGE CENTER FOR RETIREMENT RESEARCH

Org PageRecipient Profile

Chestnut Hill, MA

PURPOSE: SEE SCHEDULE I, PART IVTHE PURPOSE OF THIS GRANT TO BOSTON COLLEGE'S CENTER FOR RETIREMENT RESEARCH WAS TO FUND RESEARCH IN AREAS OF PUBLIC SECTOR FINANCIAL AND RETIREMENT SECURITY, INCLUDING RETIREMENT BENEFITS AND RETIREE HEALTHCARE MATTERS.

$74,668

Chicago, IL

PURPOSE: SEE SCHEDULE I, PART IVTHE PURPOSE OF THIS GRANT TO FEEDING AMERICA WAS TO SUPPORT ITS WORK TO PROVIDE FOOD SERVICES AND CRITICAL INFRASTRUCTURE TO COMMUNITIES IN NEED.

$25,000

Washington, DC

PURPOSE: SEE SCHEDULE I, PART IVTHE PURPOSE OF THIS GRANT TO MIRIAM'S KITCHEN WAS TO SUPPORT ITS WORK TO PROVIDE HOMELESS SERVICES TO COMMUNITIES IN NEED.

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that International City Management Association Retirement Corp has recieved totaling $1,589,908.

Awarding OrganizationAmount
The Center For State And Local Government Excellence Inc

Washington, DC

PURPOSE: TRANSFER OF NET ASSETS

$794,954
The Center For State And Local Government Excellence Inc

Washington, DC

PURPOSE: TRANSFER OF NET ASSETS

$794,954
View Grant Recipient Profile

Create an account to unlock the data you need.

or