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Nonprofiteer
← NJEA MEMBER BENEFIT FUND

Form 990 for tax year 2022

Filed by NJEA MEMBER BENEFIT FUND.

Totals

Total revenue
$449,665
Total expenses
$610,248
Contributions and grants received
$0
Grants paid
$24,000
Program service revenue
$407,701
Investment income
$41,964
Other revenue
$0
Total assets, end of year
$1,745,761
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,745,761
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBERSHIP LISTING FEE

    total $314,404 · related or exempt $314,404

  • 2b · Program service revenue: COMPENSATION FOR AFFIL

    total $93,297 · related or exempt $93,297

  • 3 · Investment income

    total $41,964 · excluded $41,964

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $24,000

  • 4 · Benefits paid to or for members

    total $474,496

  • 11c · Fees: accounting

    total $15,625

  • 12 · Advertising and promotion

    total $86,966

  • 13 · Office expenses

    total $2,075

  • 23 · Insurance

    total $7,086

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,906,344 · end of year $1,745,761

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,906,344 · end of year $1,745,761

Mission and programs · 2022

Mission

THE FUND MAKES AVAILABLE GROUP INSURANCE AND OTHER WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR BENEFICIARIES THROUGH INSURANCE POLICIES AND OTHER CONTRACTS WITH BENEFIT PROVIDERS.

  • THE FUND MAKES AVAILABLE GROUP INSURANCE AND OTHER WELFARE BENEFITS TO ELIIGIBLE PARTICIPANTS AND THEIR BENFICIARIES THROUGH INSURANCE POLICIES AND CONTRACTS WITH OTHER BENEFIT PROVIDERS.

As filed on the 2022 return.

Listed in Part VII

  • Steve Swetsky

    TRUSTEE (P)

    Total calculated
    $749,017
    From this org
    $0
    From related orgs
    $430,502
    Other
    $318,515
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $430,502 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $290,448 related
    Nontaxable benefits
    $0 + $28,067 related
    Filer's total
    $0 + $749,017 related
  • Sean M Spiller

    TRUSTEE

    Total calculated
    $439,665
    From this org
    $0
    From related orgs
    $370,096
    Other
    $69,569
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $370,096 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $20,829 related
    Nontaxable benefits
    $0 + $48,740 related
    Filer's total
    $0 + $439,665 related
  • Steve Beatty

    TRUSTEE

    Total calculated
    $338,968
    From this org
    $0
    From related orgs
    $277,827
    Other
    $61,141
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $277,827 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $33,074 related
    Nontaxable benefits
    $0 + $28,067 related
    Filer's total
    $0 + $338,968 related
  • Petal Robertson

    TRUSTEE

    Total calculated
    $271,670
    From this org
    $0
    From related orgs
    $271,670
    Other
    $0
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $271,670 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $271,670 related
  • Kevin Kelleher

    TRUSTEE

    Total calculated
    $493,948
    From this org
    $0
    From related orgs
    $373,681
    Other
    $120,267
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $373,681 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $92,200 related
    Nontaxable benefits
    $0 + $28,067 related
    Filer's total
    $0 + $493,948 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
12 July 2024
IRS schema version
2022v5.0
Source object
202441949349300944

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