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Elk Grove Benefits Employee Retirement Trust

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$32.7M (2023)

Expenses
$19.5M (2023)

Total Assets
$207M (2023)

Total Liabilities
$117k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,727,592
Expenses
$19,517,848
Net Income
$13,209,744
Net Assets
$206,802,538
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $6,345,598
19.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,738,293
11.4%
Net Inventory Sales $0
Other Revenue $22,643,701
69.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $206,919,209
Total Liabilities $116,671
Net Assets $206,802,538
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
David Reilly (Mgmt. Co Chair) $0 $272,038 $57,322
Kristen Coates (Mgmt. Director) $0 $277,384 $28,465
Amreek Singh (Mgmt. Director) $0 $194,212 $62,297
Armando Fernandez (Labor Director) $0 $166,006 $34,363
Jd Watson (Labor Co Chair) $0 $138,962 $29,414
Brian Patterson (Labor Director) $0 $115,332 $21,732
Amari Watkins (Mgmt. Director) $0 $95,085 $16,087
Kember Tostado (Labor Director) $0 $64,587 $23,533
Kelly Kammerer (Labor Director) $0 $24,861 $24,013
Eleanor Averitt (Labor Director) $0 $41,420 $2,337
Dave Neves (Mgmt Director) $0 $39,936 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,133,969
Expenses
$18,118,246
Net Income
$8,015,723
Net Assets
$177,236,406
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $5,550,438
21.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $35,334
0.1%
Net Inventory Sales $0
Other Revenue $20,548,197
78.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $177,359,282
Total Liabilities $122,876
Net Assets $177,236,406
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert Pierce (Mgmt. Director) $0 $294,095 $38,641
David Reilly (Mgmt. Co Chair) $0 $246,374 $53,338
Amreek Singh (Mgmt. Director) $0 $173,176 $58,606
Shannon Hayes (Mgmt. Director) $0 $187,658 $35,789
Armando Fernandez (Labor Director) $0 $144,613 $54,349
Jd Watson (Labor Co Chair) $0 $122,810 $26,736
Brian Patterson (Labor Director) $0 $105,976 $20,290
Kember Tostado (Labor Director) $0 $73,795 $14,916
Eleanor Averitt (Labor Director) $0 $62,372 $12,427
Glen Oliveira (Labor Director) $0 $54,676 $13,059
Dave Neves (Mgmt. Dir.) $0 $59,514 $119
Kelly Kammerer (Labor Director) $0 $20,601 $24,223
Nancy Lucia (Mgmt. Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,003,210
Expenses
$16,486,334
Net Income
$7,516,876
Net Assets
$203,403,749
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,514,988
18.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,446
0.0%
Net Inventory Sales $0
Other Revenue $19,484,776
81.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $203,519,150
Total Liabilities $115,401
Net Assets $203,403,749
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert Pierce (Mgmt. Director) $0 $245,295 $21,454
David Reilly (Mgmt. Co Chair) $0 $221,392 $20,469
Shannon Hayes (Mgmt. Director) $0 $179,018 $21,454
Armando Fernandez (Labor Director) $0 $132,163 $21,454
Amreek Singh (Mgmt. Director) $0 $131,997 $0
Jd Watson (Labor Co Chair) $0 $114,953 $15,162
Brian Patterson (Labor Director) $0 $95,926 $7,581
Glenn Oliveira (Labor Director) $0 $71,332 $5,443
Eleanor Averitt (Labor Director) $0 $56,277 $7,581
Kelly Kammerer (Labor Director) $0 $17,604 $21,454
Dave Neves (Mgmt. Dir.) $0 $13,070 $0
Nancy Lucia (Mgmt. Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,178,696
Expenses
$15,288,615
Net Income
$8,890,081
Net Assets
$177,169,061
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,075,136
16.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,159,491
4.8%
Net Inventory Sales $0
Other Revenue $18,944,069
78.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $177,307,068
Total Liabilities $138,007
Net Assets $177,169,061
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert Pierce (Mgmt. Director) $0 $240,254 $20,576
David Reilly (Mgmt. Co Chair) $0 $215,655 $19,754
Shannon Hayes (Mgmt. Director) $0 $178,454 $20,576
Armando Fernandez (Labor Director) $0 $131,700 $20,576
Jd Watson (Labor Co Chair) $0 $107,277 $14,541
Brian Patterson (Labor Director) $0 $95,103 $7,271
Roy Bradley Jr (Labor Director) $0 $49,394 $20,576
Eleanor Averitt (Labor Director) $0 $55,862 $7,271
Kelly Kammerer (Labor Director) $0 $17,566 $20,576
David Vollmar (Mgmt. Director) $0 $31,991 $0
Nancy Lucia (Mgmt. Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,763,073
Expenses
$14,774,668
Net Income
$8,988,405
Net Assets
$156,288,316
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,685,620
19.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $21,099
0.1%
Net Inventory Sales $0
Other Revenue $19,056,354
80.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $156,400,794
Total Liabilities $112,478
Net Assets $156,288,316
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Robert Pierce (Mgmt. Director) $0 $238,560 $20,160
David Reilly (Mgmt. Co Chair) $0 $213,169 $19,647
Shannon Hayes (Mgmt. Director) $0 $182,448 $20,160
Armando Fernandez (Labor Director) $0 $133,200 $20,160
Jd Watson (Labor Co Chair) $0 $106,735 $14,248
Brian Patterson (Labor Director) $0 $98,048 $7,106
Noberta Boulet (Former Director) $0 $75,245 $12,723
Roy Bradley Jr (Labor Director) $0 $48,713 $20,160
Eleanor Averitt (Labor Director) $0 $55,947 $7,124
David Vollmar (Mgmt. Director) $0 $54,022 $0
Kelly Kammerer (Labor Director) $0 $17,565 $20,160
Nancy Lucia (Mgmt. Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,714,676
Expenses
$13,338,352
Net Income
$8,376,324
Net Assets
$128,521,611
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,419,742
15.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$571,421
Net Inventory Sales $0
Other Revenue $18,866,355
86.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $128,628,579
Total Liabilities $106,968
Net Assets $128,521,611
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jd Watson (Labor Co Chair) $0 $94,677 $23,145
David Reilly (Mgmt. Co Chair) $0 $192,762 $47,698
N Jeannie Boulet (Labor Director) $0 $52,414 $19,346
Shannon Hayes (Mgmt. Director) $0 $150,748 $30,345
Armando Fernandez (Labor Director) $0 $113,826 $45,889
Nancy Lucia (Mgmt. Director) $0 $0 $0
Roy Bradley Jr (Labor Director) $0 $41,102 $22,269
Robert Pierce (Mgmt. Director) $0 $225,684 $35,843
David Vollmar (Mgmt. Director) $0 $45,721 $0
Kelly Kammerer (Labor Director) $0 $17,589 $20,631
Brian Patterson (Labor Director) $0 $82,192 $17,868

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,261,832
Expenses
$11,967,745
Net Income
$9,294,087
Net Assets
$129,669,962
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,751,522
12.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $371,869
1.7%
Net Inventory Sales $0
Other Revenue $18,138,441
85.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $129,799,236
Total Liabilities $129,274
Net Assets $129,669,962
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jd Watson (Labor Co Chair) $0 $96,770 $22,645
David Reilly (Mgmt. Co Chair) $0 $198,877 $45,517
N Jeannie Boulet (Labor Director) $0 $53,810 $20,466
Shannon Hayes (Mgmt. Director) $0 $147,441 $29,720
Armando Fernandez (Labor Director) $0 $126,091 $44,475
Nancy Lucia (Mgmt. Director) $0 $0 $0
Roy Bradley Jr (Labor Director) $0 $37,982 $22,060
Robert Pierce (Mgmt. Director) $0 $221,637 $34,970
David Vollmar (Mgmt. Director) $0 $38,200 $0
Kelly Kammerer (Labor Director) $0 $17,594 $20,571

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,050,752
Expenses
$11,772,025
Net Income
$8,278,727
Net Assets
$107,372,037
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,468,789
12.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $213,987
1.1%
Net Inventory Sales $0
Other Revenue $17,367,976
86.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $107,502,845
Total Liabilities $130,808
Net Assets $107,372,037
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Connie Mc Ginnis (Labor Co Chair) $0 $26,384 $15,769
David Reilly (Mgmt. Co Chair) $0 $191,533 $45,377
N Jeannie Boulet (Labor Director) $0 $52,580 $20,387
Shannon Hayes (Mgmt. Director) $0 $140,187 $28,890
Armando Fernandez (Labor Director) $0 $124,472 $43,456
Nancy Lucia (Mgmt. Director) $0 $0 $0
Roy Bradley Jr (Labor Director) $0 $39,642 $22,281
Robert Pierce (Mgmt. Director) $0 $205,381 $33,886
David Vollmar (Mgmt. Director) $0 $22,362 $0
Jd Watson (Labor Director) $0 $87,185 $21,782
Charles Chatten (Past Labr Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,629,103
Expenses
$11,327,381
Net Income
$8,301,722
Net Assets
$94,987,877
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,980,358
10.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,061,801
5.4%
Net Inventory Sales $0
Other Revenue $16,586,944
84.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $95,099,405
Total Liabilities $111,528
Net Assets $94,987,877
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Charles Chatten (Labor Co Chair) $0 $0 $0
David Reilly (Mgmt. Co Chair) $0 $78,769 $18,046
Michelle Grupp (Labor Director) $0 $54,628 $17,900
Rich Fagan (Mgmt. Director) $0 $191,418 $26,727
Armando Fernandez (Labor Director) $0 $120,906 $41,626
Nancy Lucia (Mgmt. Director) $0 $0 $0
Connie Mc Ginnis (Labor Director) $0 $25,609 $15,453
Rob Pierce (Mgmt. Director) $0 $191,492 $32,266
David Vollmar (Mgmt. Director) $0 $36,890 $0
Brian Wiens (Labor Director) $0 $30,244 $23,760

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,154,530
Expenses
$10,206,442
Net Income
$6,948,088
Net Assets
$91,168,232
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,937,404
11.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$362,089
Net Inventory Sales $0
Other Revenue $15,579,215
90.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $91,335,129
Total Liabilities $166,897
Net Assets $91,168,232
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Charles Chatten (Labor Co Chair) $0 $0 $0
Brandon Krueger (Mgmt. Co Chair) $0 $68,478 $8,882
Jason Covey (Labor Director) $0 $46,032 $15,976
Rich Fagan (Mgmt. Director) $0 $175,438 $24,665
Armando Fernandez (Labor Director) $0 $119,786 $39,967
Nancy Lucia (Mgmt. Director) $0 $0 $0
Connie Mc Ginnis (Labor Director) $0 $28,316 $14,608
Rob Pierce (Mgmt. Director) $0 $187,215 $30,671
David Vollmar (Mgmt. Director) $0 $39,892 $0
Brian Wiens (Labor Director) $0 $43,304 $23,178
Glen De Graw (Past Mgmt Chair) $0 $113,394 $25,197

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,333,766
Expenses
$10,918,094
Net Income
$6,415,672
Net Assets
$81,086,167
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,451,921
8.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$295,248
Net Inventory Sales $0
Other Revenue $16,177,093
93.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $81,434,755
Total Liabilities $348,588
Net Assets $81,086,167
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Charles Chatten (Labor Co Chair) $0 $43,578 $9,753
Glen De Graw (Mgmt Co Chair) $0 $177,629 $11,981
Jason Covey (Labor Director) $0 $24,244 $5,088
Rich Fagan (Mgmt. Director) $0 $170,460 $11,981
Armando Fernandez (Labor Director) $0 $111,248 $16,953
Nancy Lucia (Management Dir) $0 $994 $0
Connie Mc Ginnis (Labor Director) $0 $21,930 $16,531
Rob Pierce (Mgmt Director) $0 $178,072 $16,953
David Vollmar (Mgmt Director) $0 $44,282 $0
Brian Wiens (Labor Director) $0 $41,782 $16,953

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,321,368
Expenses
$11,017,202
Net Income
$4,304,166
Net Assets
$66,707,167
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,698,650
11.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $419,704
2.7%
Net Inventory Sales $0
Other Revenue $13,203,014
86.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $66,903,951
Total Liabilities $196,784
Net Assets $66,707,167

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,350,939
Expenses
$10,386,672
Net Income
$2,964,267
Net Assets
$56,771,582
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,464,930
11.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,147
0.1%
Net Inventory Sales $0
Other Revenue $11,877,862
89.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $56,960,260
Total Liabilities $188,678
Net Assets $56,771,582

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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