Civic Intelligence

Rockville Centre Teachers Assoc Benefit Trust

EIN 11-3069322 • 501(c)9 • Rockville Centre, NY

Profile

The benefit trust provides medical, dental, vision, disability and life insurance benefits to members of the rockville centre teachers association. Dental, vision,and life insurance benefits are provided to 517 members.

67 Hillside AveRockville Centre, NY 11570

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.89x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

1.37x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Source year 2024

Net Margin

28th percentile

-17%

Higher net margin than 28% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$13,190

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)9 • $500k-$1M nonprofits • Source year 2024

Asset Growth

98th percentile

107%

Faster asset growth than 98% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

-0.3%

Faster revenue growth than 46% of similar nonprofits.

501(c)9 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$850,601

Up $439,676 (+107%) from 2023

Liabilities

Up

$753,696

Up $533,629 (+242%) from 2023

Net Assets

Down

$96,905

Down $93,953 (-49%) from 2023

Revenue

Down

$549,779

Down $1,845 (-0.3%) from 2023

Expenses

Up

$643,732

Up $23,427 (+3.8%) from 2023

Net Income

Down

-$93,953

Down $25,272 (-37%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $617,069Liabilities 2011: $203,831Net Assets 2011: $413,2382011Assets 2012: $619,856Liabilities 2012: $183,333Net Assets 2012: $436,5232012Assets 2013: $599,222Liabilities 2013: $189,125Net Assets 2013: $410,0972013Assets 2014: $634,873Liabilities 2014: $189,424Net Assets 2014: $445,4492014Assets 2015: $643,838Liabilities 2015: $188,960Net Assets 2015: $454,8782015Assets 2016: $740,115Liabilities 2016: $195,037Net Assets 2016: $545,0782016Assets 2017: $778,971Liabilities 2017: $186,075Net Assets 2017: $592,8962017Assets 2018: $735,289Liabilities 2018: $184,133Net Assets 2018: $551,1562018Assets 2019: $637,349Liabilities 2019: $193,691Net Assets 2019: $443,6582019Assets 2020: $558,050Liabilities 2020: $195,306Net Assets 2020: $362,7442020Assets 2021: $1,028,162Liabilities 2021: $728,293Net Assets 2021: $299,8692021Assets 2022: $457,583Liabilities 2022: $198,044Net Assets 2022: $259,5392022Assets 2023: $410,925Liabilities 2023: $220,067Net Assets 2023: $190,8582023Assets 2024: $850,601Liabilities 2024: $753,696Net Assets 2024: $96,9052024

Highlighted filing

2024

Assets$850,601
Liabilities$753,696
Net Assets$96,905

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2011: $641,2932011Expenses 2012: $618,9232012Revenue 2013: $632,938Expenses 2013: $659,364Net Income 2013: -$26,4262013Revenue 2014: $669,065Expenses 2014: $633,713Net Income 2014: $35,3522014Revenue 2015: $652,816Expenses 2015: $643,387Net Income 2015: $9,4292015Revenue 2016: $643,161Expenses 2016: $552,961Net Income 2016: $90,2002016Revenue 2017: $646,180Expenses 2017: $598,362Net Income 2017: $47,8182017Revenue 2018: $543,129Expenses 2018: $584,869Net Income 2018: -$41,7402018Revenue 2019: $549,920Expenses 2019: $657,418Net Income 2019: -$107,4982019Revenue 2020: $549,010Expenses 2020: $629,924Net Income 2020: -$80,9142020Revenue 2021: $545,997Expenses 2021: $608,872Net Income 2021: -$62,8752021Revenue 2022: $545,199Expenses 2022: $585,529Net Income 2022: -$40,3302022Revenue 2023: $551,624Expenses 2023: $620,305Net Income 2023: -$68,6812023Revenue 2024: $549,779Expenses 2024: $643,732Net Income 2024: -$93,9532024

Highlighted filing

2024

Revenue$549,779
Expenses$643,732
Net Income-$93,953

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.75$0.10$0.55$0.64$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.41$0.22$0.19$0.55$0.62$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.46$0.20$0.26$0.55$0.59$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.03$0.73$0.30$0.55$0.61$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.56$0.20$0.36$0.55$0.63$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.64$0.19$0.44$0.55$0.66$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.74$0.18$0.55$0.54$0.58$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.78$0.19$0.59$0.65$0.60$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.20$0.55$0.64$0.55$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.19$0.45$0.65$0.64$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.63$0.19$0.45$0.67$0.63$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.19$0.41$0.63$0.66$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.18$0.44$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.20$0.41$0.64
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Nov 21, 2024
Return Version
2023v6.0
Gross Receipts
$549,779
Mission and Program Overview

Mission

The benefit trust provides medical, dental, vision, disability and life insurance benefits to members of the rockville centre teachers' association. Dental and vision benefits are provided to 467 members while life insurance benefits are provided to approximately 561 members.

The benefit trust provides medical, dental, vision, disability and life insurance benefits to members of the rockville centre teachers association. Dental, vision,and life insurance benefits are provided to 517 members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$409,556$849,768▲ $440,212
Rtn Earn Endowment Incm Other Fnds$190,858$96,905▼ $93,953
Accounts Receivable$1,019$483▼ $536
Prepaid Expenses and Deferred Charges$350$350→ $0
Total Assets$410,925$850,601▲ $439,676
Liabilities
Deferred Revenue-$561,000-
Accounts Payable and Accrued Expenses$220,067$192,696▼ $27,371
Total Liabilities$220,067$753,696▲ $533,629
Net Assets / Fund Balance
Total Net Assets Fund Balance$190,858$96,905▼ $93,953
Total Liabilities and Net Assets / Fund Balance$410,925$850,601▲ $439,676

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,345$1,345
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer ReillyTreasurerPT$1,600$11,590$13,190
William ChiafoBenefit Trust Chair-$2,000-$2,000
Danielle GiganteReimbursement Coordinator-$1,600-$1,600
Michelle EbelMedical Reimbursement Coordin-$1,600-$1,600
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$537,308
Investment Income
$12,471
Other Revenue
$0
Change in Net Assets
$-93,953
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,243
Salaries, Compensation, and Employee Benefits$6,875
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$612,614--$612,614
Fees for Services Other$14,268--$14,268
Fees for Services Accounting$8,500--$8,500
Current Officers, Directors, Trustees, and Key Employees$6,875--$6,875
Insurance$1,050--$1,050
Other Expenses$132--$132
Total Functional Expenses$643,732$0$0$643,732
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

A draft of the 990 is provided to the governing board approximately 1 month prior to the due date of the return. The governing board reviews the 990 and notes any changes that may be needed. After any changes are made, the return is again reviewed by at least two members of the board prior to signing and filing.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents and financial statements available to individuals who had a valid reason to review these documents. These items, where appropriate, are supplied in a paper format.

Filing and Contact Details

Filer

Filer Name
Rockville Centre Teachers Assoc Benefit Trust
EIN
11-3069322
Address
67 HILLSIDE AVE, ROCKVILLE CENTRE, NY 11570

Signing Officer

Name
Jennifer Reilly
Title
Treasurer
Phone
5162558978
Signed
2024-11-21
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Skinnon and Faber CPAs PC
Address
700 Veterans Mem Hwy Ste 210, HAUPPAUGE, NY 11788
Preparer
Michele Adamczyk CPA
Phone
6318511201
Supplemental Narrative

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

The trust is exempt from federal and state income taxes under internal revenue code section 501(c)(9) and as such, has made no provision for income taxes in the financial statements. The trust has evaluated its activities for uncertain tax positions and has determined that there were no uncertain tax positions for the year ended july 31, 2024.

Raw XML Appendix285 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/TotalFunctionalExpensesGrp/TotalAmt0643732
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0220067
IRS990/TotalLiabilitiesEOYAmt0753696
IRS990/TotalLiabilitiesGrp/BOYAmt0220067
IRS990/TotalLiabilitiesGrp/EOYAmt0753696
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0190858
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt096905
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0643732
IRS990/TotalProgramServiceRevenueAmt0537308
IRS990/TotalReportableCompFromOrgAmt06800
IRS990/TotalRevenueGrp/ExclusionAmt012471
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0537308
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0549779
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0410925
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0850601
IRS990/TotReportableCompRltdOrgAmt011590
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER REILLY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05162558978
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROCKVILLE CENTRE TEACHERS ASSOC BENEFIT TRUST
ReturnHeader/Filer/BusinessNameControlTxt0ROCK
ReturnHeader/Filer/EIN0113069322
ReturnHeader/Filer/USAddress/AddressLine1Txt067 HILLSIDE AVE
ReturnHeader/Filer/USAddress/CityNm0ROCKVILLE CENTRE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011570
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113196893
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Skinnon and Faber CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 Veterans Mem Hwy Ste 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HAUPPAUGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011788
ReturnHeader/PreparerPersonGrp/PhoneNum06318511201
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michele Adamczyk CPA
ReturnHeader/ReturnTs02025-05-12T10:51:09-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-08-01
ReturnHeader/TaxPeriodEndDt02024-07-31
ReturnHeader/TaxYr02023

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