California Teachers Association Economic Benefits Trust

Board Of Trustees Of Cta Mem Ttee

Burlingame, CA
Tax-exempt since Nov. 1995
EIN: 94-6665695

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Type of Nonprofit

Designated as a 501(c)(6) Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Revenue

$12.9M (2023)

Expenses

$4.44M (2023)

Total Assets

$172M (2023)

Total Liabilities

$329k (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 Aug.
2023

Revenue

$12,905,200

Expenses

$4,435,932

Net Income

$8,469,268

Net Assets

$172,086,071

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$340,504	2.6%
Investment Income	$4,072,897	31.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$12,739	0.1%
Net Inventory Sales	$0
Other Revenue	$8,479,060	65.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$172,415,262
Total Liabilities	$329,191
Net Assets	$172,086,071

Compensation

Key Employees and Officers	Compensation	Related	Other
Ernest T Boyd (Trustee (To 6/25/23))	$0	$220,916	$125,316
David B Goldberg (Trustee)	$0	$254,481	$123,606
Leslie Littman (Trustee)	$0	$204,133	$117,394
Erika Jones (Trustee (From 6/26/23))	$0	$41,782	$6,171
Walter J Boyd (Trustee)	$0	$296,217	$224,685
Joe Nunez (Trustee (To 7/31/19))	$0	$253,794	$0

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990

Filed on July 1, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Aug.
2022

Revenue

$14,476,704

Expenses

$3,062,694

Net Income

$11,414,010

Net Assets

$162,608,361

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$3,753,745	25.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$179,323	1.2%
Net Inventory Sales	$0
Other Revenue	$10,543,636	72.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$163,082,622
Total Liabilities	$474,261
Net Assets	$162,608,361

Compensation

Key Employees and Officers	Compensation	Related	Other
Ernest T Boyd (Trustee)	$0	$219,152	$123,475
David B Goldberg (Trustee)	$0	$228,625	$122,385
Leslie Littman (Trustee)	$0	$201,286	$116,789
Walter J Boyd (Trustee)	$0	$293,014	$222,672
Joe Nunez (Trustee (To 7/31/19))	$0	$253,795	$0

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990

Filed on Sept. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

View Filing (2 of 2)

Fiscal Year Ending Aug.
2021

Revenue

$17,454,519

Expenses

$2,909,504

Net Income

$14,545,015

Net Assets

$165,744,334

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$2,661,657	15.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,280,016	13.1%
Net Inventory Sales	$0
Other Revenue	$12,512,846	71.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$165,814,137
Total Liabilities	$69,803
Net Assets	$165,744,334

Compensation

Key Employees and Officers	Compensation	Related	Other
David B Goldberg (Trustee)	$0	$228,144	$106,542
Ernest T Boyd (Trustee)	$0	$217,509	$107,592
Leslie Littman (Trustee)	$0	$199,457	$101,378
Walter J Boyd (Trustee (From 11/1/19))	$0	$296,625	$197,653
Eric C Heins (Trustee (To 6/25/19))	$0	$218,124	$66,834
Theresa Montano (Trustee (To 6/25/19))	$0	$139,399	$11,511
Joe Nunez (Trustee (To 7/31/19))	$0	$380,693	$0

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990

Filed on Sept. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

View Filing (2 of 2) PDF (2 of 2)

Fiscal Year Ending Aug.
2020

Revenue

$14,072,297

Expenses

$2,719,926

Net Income

$11,352,371

Net Assets

$141,262,661

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,891,049	13.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$993,564	7.1%
Net Inventory Sales	$0
Other Revenue	$11,187,684	79.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$141,305,465
Total Liabilities	$42,804
Net Assets	$141,262,661

Compensation

Key Employees and Officers	Compensation	Related	Other
David B Goldberg (Trustee)	$0	$228,957	$100,878
Ernest T Boyd (Trustee)	$0	$120,443	$50,694
Leslie Littman (Trustee)	$0	$107,334	$47,826
Walter J Boyd (Trustee (From 11/1/19))	$0	$31,441	$18,406
Eric C Heins (Trustee (To 6/25/19))	$0	$276,230	$132,926
Theresa Montano (Trustee (To 6/25/19))	$0	$181,433	$92,637
Joe Nunez (Trustee (To 7/31/19))	$0	$890,032	$415,521

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990

Filed on April 20, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Aug.
2019

Revenue

$12,215,861

Expenses

$2,799,133

Net Income

$9,416,728

Net Assets

$126,013,953

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$2,332,057	19.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$230,110	1.9%
Net Inventory Sales	$0
Other Revenue	$9,653,694	79.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$126,094,101
Total Liabilities	$80,148
Net Assets	$126,013,953

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Aug.
2018

Revenue

$12,869,573

Expenses

$3,309,683

Net Income

$9,559,890

Net Assets

$116,568,189

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,784,738	13.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$936,978	7.3%
Net Inventory Sales	$0
Other Revenue	$10,147,857	78.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$117,140,005
Total Liabilities	$571,816
Net Assets	$116,568,189

Compensation

Key Employees and Officers	Compensation	Related	Other
Eric C Heins (Trustee)	$0	$214,380	$125,377
Theresa Montano (Trustee)	$0	$202,488	$115,335
David B Goldberg (Trustee)	$0	$202,223	$117,895
Carolyn E Doggett (Former Trustee)	$0	$228,260	$0
Joe Nunez (Trustee)	$0	$316,429	$181,791

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990

Filed on July 12, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2017

Revenue

$18,866,155

Expenses

$2,833,400

Net Income

$16,032,755

Net Assets

$106,513,456

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$2,108,443	11.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$222,189	1.2%
Net Inventory Sales	$0
Other Revenue	$16,535,523	87.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$107,143,895
Total Liabilities	$630,439
Net Assets	$106,513,456

Compensation

Key Employees and Officers	Compensation	Related	Other
Eric C Heins (Trustee)	$0	$213,833	$124,676
David B Goldberg (Trustee)	$0	$200,279	$116,445
Theresa Montano (Trustee)	$0	$191,930	$113,806
Dean E Vogel (Former Trustee)	$0	$257,687	$58,482
Micaela Cichocki (Former Trustee)	$0	$180,205	$40,457
Carolyn E Doggett (Former Trustee)	$0	$228,260	$0
Joe Nunez (Trustee)	$0	$300,643	$172,096

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990

Filed on Aug. 8, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2016

Revenue

$7,638,826

Expenses

$2,872,324

Net Income

$4,766,502

Net Assets

$90,208,024

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,728,237	22.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$87,222
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$5,997,811	78.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$90,362,933
Total Liabilities	$154,909
Net Assets	$90,208,024

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2015

Revenue

$7,515,633

Expenses

$2,458,261

Net Income

$5,057,372

Net Assets

$83,706,387

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,752,788	23.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,911,648	38.7%
Net Inventory Sales	$0
Other Revenue	$2,851,197	37.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$84,046,460
Total Liabilities	$340,073
Net Assets	$83,706,387

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2014

Revenue

$5,792,377

Expenses

$2,418,559

Net Income

$3,373,818

Net Assets

$85,951,292

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,451,064	25.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,321,983	57.4%
Net Inventory Sales	$0
Other Revenue	$1,019,330	17.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$86,282,739
Total Liabilities	$331,447
Net Assets	$85,951,292

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2013

Revenue

$4,666,389

Expenses

$2,016,470

Net Income

$2,649,919

Net Assets

$78,902,382

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,632,666	35.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,165,286	25.0%
Net Inventory Sales	$0
Other Revenue	$1,868,437	40.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$79,276,472
Total Liabilities	$374,090
Net Assets	$78,902,382

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2012

Revenue

$349,009

Expenses

$2,453,571

Net Income

-$2,104,562

Net Assets

$74,800,920

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,812,603	> 100%
Bond Proceeds	$209	0.1%
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$689,091
Net Inventory Sales	$0
Other Revenue	-$774,712

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$75,391,857
Total Liabilities	$590,937
Net Assets	$74,800,920

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2011

Revenue

$7,788,460

Expenses

$2,345,222

Net Income

$5,443,238

Net Assets

$74,000,078

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$227,519	2.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,896,172	24.3%
Net Inventory Sales	$0
Other Revenue	$5,664,769	72.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$74,288,133
Total Liabilities	$288,055
Net Assets	$74,000,078

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Aug.
2005

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated November 21, 2024

California Teachers Association Economic Benefits Trust

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $12.9M (2023)

Expenses $4.44M (2023)

Total Assets $172M (2023)

Total Liabilities $329k (2023)

Tax Filings by Year

Fiscal Year Ending Aug. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Aug. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Aug. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Aug. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Aug. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Aug. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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Fiscal Year Ending Aug. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

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Fiscal Year Ending Aug. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

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Fiscal Year Ending Aug. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

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Fiscal Year Ending Aug. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Aug. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Aug. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$12.9M (2023)

Expenses

$4.44M (2023)

Total Assets

$172M (2023)

Total Liabilities

$329k (2023)

Fiscal Year Ending Aug.
2023

Fiscal Year Ending Aug.
2022

Fiscal Year Ending Aug.
2021

Fiscal Year Ending Aug.
2020

Fiscal Year Ending Aug.
2019

Fiscal Year Ending Aug.
2018

Fiscal Year Ending Aug.
2017

Fiscal Year Ending Aug.
2016

Fiscal Year Ending Aug.
2015

Fiscal Year Ending Aug.
2014

Fiscal Year Ending Aug.
2013

Fiscal Year Ending Aug.
2012

Fiscal Year Ending Aug.
2011

Fiscal Year Ending Aug.
2010

Fiscal Year Ending Aug.
2009

Fiscal Year Ending Aug.
2008

Fiscal Year Ending Aug.
2007

Fiscal Year Ending Aug.
2006

Fiscal Year Ending Aug.
2005