Millcreek Teachers Mutual Benefit Association
- Assets
- $147.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Erie, PA
- Founding
- 12/1980
- Data as of
- 12/2021
- EIN
- 25-1405906
Organization Overview
Millcreek Teachers Mutual Benefit Association is located in Erie, PA. The organization was established in 1980. 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. Millcreek Teachers Mutual Benefit Association is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, Millcreek Teachers Mutual Benefit Association generated $48.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $25.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TEACHERS MUTUAL BENEFITS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Ferrick President | 1 | $150 | |
Lori Bischof Secretary | 3 | $950 | |
Colleen Pagano Treasurer | 3 | $950 | |
Jann Leroy Director | 1 | $150 | |
Kim Presta Director | 1 | $150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $41,530 |
| Investment income | $7,202 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,732 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $22,055 |
| Salaries, other compensation, and employee benefits | $2,350 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,214 |
| Total expenses | $25,619 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,091 |
| Other assets | $0 |
| Total assets | $147,091 |
| Total liabilities | $0 |
| Net assets or fund balances | $147,091 |