Reta Trust

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

EIN: 942329720 ✦ Walnut creek, CA ✦ Designated as a 501(c)(9)

Overview

What is Reta Trust?

The Reta Trust is a nonprofit organization founded under a religious trust agreement by two Roman Catholic Archdioceses, several dioceses, and religious orders of the Roman Catholic Church. Based in Walnut Creek, California, its mission is to provide affordable medical benefits to clergy, women religious, and their lay employees, along with their dependents, within the Roman Catholic community.


Is Reta Trust legitimate?

Reta Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Reta 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: $122,156
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,759

For more financial information, click here


What is the mission statement of Reta Trust?
Who is the CEO of Reta Trust?
What is the revenue of Reta Trust?
Who are the executives of Reta Trust and what are their salaries?
Where can I find the form 990 for Reta Trust?

Mission Statement of Reta Trust

The Reta Trust, established under a religious trust agreement between several Roman Catholic archdioceses, dioceses, and religious orders, serves as a means to offer affordable medical benefits to clergy, women religious, and their lay employees, along with their dependents, within the Roman Catholic community. The Trust, founded with the collective commitment of these religious entities, aims to ensure access to cost-effective healthcare for its members. By pooling resources, the Reta Trust extends its reach to provide comprehensive medical coverage to a large and diverse group within the faith. This collaborative effort enables the Trust to negotiate favorable terms and rates, ultimately leading to substantial savings for its members.

Impact

This information is meant to be a general summary of Reta Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Reta Trust impacts the Roman Catholic community by providing cost-effective medical benefits to clergy, women religious, lay employees, and their dependents. This support ensures that those dedicated to serving within the Catholic Church have access to essential healthcare services, contributing to their well-being and enabling them to continue their important work with peace of mind.





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: $3,822,116
  • Program Service Revenue: $260,392,664
  • Gross Receipts: $305,425,776

    • Assets and Liabilities:
  • Total Assets: $85,515,612
  • Total Liabilities: $37,454,026
  • Net Assets: $48,061,586
  • Programs

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

    TRUSTOR CONTRIBUTIONS

    Revenue

    $260,392,664

    Organization Details

    Founding Year

    1976

    Principal Officer

    Kathryne M Mcgowan

    Main Address

    2121 N CALIFORNIA BLVD 350, WALNUT CREEK, CA, 94596

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Reta Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.