The Episcopal Church Clergy And Employees Benefit Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 132970130 ✦ New york, NY ✦ Designated as a 501(c)(9)

Overview

What is The Episcopal Church Clergy And Employees Benefit Trust?

The Episcopal Church Clergy and Employees Benefit Trust is a nonprofit organization located in New York City. Its primary role is to gather contributions from and on behalf of the active and retired clergy and lay employees of the Episcopal Church, along with their dependents. The Trust currently serves 100 Episcopal dioceses, offering medical and dental coverage to approximately 23,717 active employee members and 10,035 retired or surviving members. By funding welfare benefits for these groups, the Trust ensures the well-being of a significant number of individuals within the Episcopal Church community.


Is The Episcopal Church Clergy And Employees Benefit Trust legitimate?

The Episcopal Church Clergy And Employees Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Episcopal Church Clergy And Employees Benefit Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $76,354
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of The Episcopal Church Clergy And Employees Benefit Trust?
Who is the CEO of The Episcopal Church Clergy And Employees Benefit Trust?
What is the revenue of The Episcopal Church Clergy And Employees Benefit Trust?
Who are the executives of The Episcopal Church Clergy And Employees Benefit Trust and what are their salaries?
Where can I find the form 990 for The Episcopal Church Clergy And Employees Benefit Trust?

Mission Statement of The Episcopal Church Clergy And Employees Benefit Trust

The Episcopal Church Clergy and Employees Benefit Trust (ECCEBT) is a charitable organization that provides welfare benefits for active and retired clergy and lay employees of the Episcopal Church and their dependents. The Trust collects contributions from these individuals and their dioceses to cover the costs of welfare benefit claims. Currently, the Trust serves 100 Episcopal dioceses, offering medical and dental coverage to approximately 23,717 active employee members and 10,035 retiree or surviving members.

The mission of The Episcopal Church Clergy and Employees Benefit Trust is to ensure that the dedicated individuals who serve the Episcopal Church have access to essential welfare benefits. By pooling resources, the Trust is able to provide comprehensive coverage that would otherwise be unattainable for many of these individuals. The Trust's contributions come from the collective efforts of the Episcopal Church community, demonstrating the strong commitment to supporting those who devote their lives to the Church's ministry. Through the Trust's welfare benefits, the Episcopal Church expresses its gratitude and care for the well-being of its clergy and lay employees, both during their active service and in retirement.

Impact

This information is meant to be a general summary of The Episcopal Church Clergy And Employees Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of The Episcopal Church Clergy And Employees Benefit Trust is significant as it provides welfare benefits for active and retired clergy and lay employees of the Episcopal Church. By collecting contributions and managing funds on behalf of its members, the trust ensures access to medical and dental coverage for thousands of individuals. Serving 100 Episcopal dioceses and catering to over 23,000 active employee members and 10,000 retiree/surviving members, the trust plays a crucial role in supporting the well-being and security of those dedicated to serving the church.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,686,001
  • Program Service Revenue: $262,633,504
  • Gross Receipts: $268,175,671

    • Assets and Liabilities:
  • Total Assets: $73,680,608
  • Total Liabilities: $35,694,984
  • Net Assets: $37,985,624
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER/EMPLOYEE CONT

    Revenue

    $228,523,152

    GROUP MEDICARE (GMA)

    Revenue

    $27,567,012

    GROUP LIFE

    Revenue

    $3,224,117

    HMO RECEIPTS

    Revenue

    $1,751,362

    DISABILITY BENEFITS

    Revenue

    $1,567,861

    Organization Details

    Founding Year

    1978

    Principal Officer

    Northern Trust Company

    Main Address

    19 EAST 34TH STREET, NEW YORK, NY, 10016

    NTEE Category

    Code: Y40 - Mutual benefit

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