TEXAS RETIRED TEACHERS FOUNDATION

Address
313 E 12TH STREET NO 200
AUSTIN, TX 787011956
Contact
Website: http://www.trtf.org
Phone: +1 (512) 476-1622
Nonprofit
NTEE: B82 - Scholarships, Student Financial Aid Services, Awards
EIN: 74-2958842

Mission

TO PROVIDE RESOURCES & PROGRAMMING THAT CONTRIBUTE TO AN ENHANCED QUALITY OF LIFE FOR RETIRED TEACHERS AND TO BE RECOGNIZED AS A LEADER IN PROVIDING USEFUL SERVICES TO RETIRED TEXAS TEACHERS & SCHOOL PERSONNEL.
 20162015201420132012
Basic features of the organization
Year of formation2000
Metropolitan statistical area0640
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$18,000.00    
Sum of reportable (W2/1099) compensation$18,000.00    
Number of employees0    
Number of people compensated >$100k0    
Number of volunteers250    
Number of highly compensated contractors0    
Personnel
, la Vonne Rogers
TitleSECRETARY/TREASURER    
Name of key/compensated personLA VONNE ROGERS    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Granzin, Linda
TitleMEMBER    
Name of key/compensated personLINDA GRANZIN    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Jung, Ronnie
TitleMEMBER    
Name of key/compensated personRONNIE JUNG    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Kallus, Martha
TitleMEMBER    
Name of key/compensated personMARTHA KALLUS    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Lance, Carolyn
TitleMEMBER    
Name of key/compensated personCAROLYN LANCE    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Larson, Jamie
TitlePRESIDENT    
Name of key/compensated personJAMIE LARSON    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Lee, Tim
TitleSTATE COORDINATOR    
Name of key/compensated personTIM LEE    
Position of compensated person
Current officerTrue    
Average hours per week working for org10.00    
Reportable compensation from org$18,000.00    
Other comp, non-reportable, from org and related orgs$26,805.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $242,524.00    
Ortiz, Carlos
TitleMEMBER    
Name of key/compensated personCARLOS ORTIZ    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Pence, William
TitleVICE PRESIDENT    
Name of key/compensated personWILLIAM PENCE    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO PROVIDE RESOURCES THAT CONTRIBUTE TO AN ENHANCED QUALITY OF LIFE FOR RETIRED TEACHERS.    
Program service expenses, total$76,665.00    
Programs, including revenue & expenses
TO EDUCATE THE MEMBERS OF TRTA REGARDING THE BENEFITS OF GIVING AND PHILANTHROPY.
Program expenses$50,859.00    
Program descriptionTO EDUCATE THE MEMBERS OF TRTA REGARDING THE BENEFITS OF GIVING AND PHILANTHROPY.    
TO PROVIDE SCHOLARSHIP GRANTS AND OTHER FORMS OF EDUCATIONAL ASSISTANCE.
Program expenses$25,806.00    
Program descriptionTO PROVIDE SCHOLARSHIP GRANTS AND OTHER FORMS OF EDUCATIONAL ASSISTANCE.    
Financial data
Revenue
Total revenue$232,348.00    
Revenue from contributions (total)$125,353.00$112,899.00$138,833.00$139,248.00$97,596.00
Investment income, current yr$680.00    
Total revenue from grants, etc., current yr$125,353.00    
Total unrelated business revenue$89,979.00    
Other revenue, current yr$106,315.00    
Net unrelated business taxable revenue$0.00    
Program service revenue (total) $0.00$0.00$0.00$0.00
Gross receipts$232,348.00    
Sources of contributions
Revenue from all other contributions$125,353.00    
Other types of revenue
Miscellaneous revenue (total)$90,014.00    
Income from dividends, interest, and similar investments$680.00    
Net rental income$16,301.00$16,300.00$16,300.00$16,301.00$16,300.00
Expense categories (totals)
Total functional expenses: sum of all$117,344.00    
Total functional expenses: program service $76,665.00    
Total functional expenses: management and general$23,811.00    
Total functional expenses: fundraising$16,868.00    
Fees for services
Fundraising service fees (total)$0.00    
General management fees (total)$3,000.00    
Assets and liabilities
Total assets$17,481.00-$56,439.00-$45,619.00$524,117.00$530,182.00
Total assets, beginning of year-$56,439.00    
Total liabilities$141,607.00$151,254.00$159,473.00$57,006.00$37,305.00
Total liabilities, beginning of year$151,254.00    
Unrestricted net assets, end of yr-$136,535.00    
Temporarily restricted net assets$1,603.00    
Permanently restricted net assets, end of yr$10,806.00    
Net assets-$124,126.00    
Net assets, beginning of year-$207,693.00    
Other liabilities$141,123.00    
Investments: other securities-$404,265.00    
Cash: non-interest bearing$70,715.00    
Cash: non-interest bearing, beginning of year$137,442.00    
Other financial variables
Revenue less expenses$115,004.00    
Savings & temp cash investment$157,546.00    
Prepaid expenses & deferred charges$2,581.00    
Accounts payable & accrued expenses$484.00    
Total net assets or fund balances-$124,126.00    
Depreciation, depletion, amortization$2,608.00    
Governance and accountability
Number of voting members8    
Number of independent voting members8    
Financial sheets auditedTrue    
Audit on consolidated basisTrue    
Accrual accountingTrue    
Tax year start date2015-07-01    
Tax year end date2016-06-012015-06-012014-06-012013-06-012012-06-01
Indicators for schedules (selected)
Org has controlled entityTrue    
Org transacted with controlled entityTrue    
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990    
Date e-filing submitted2017-07-27    
IRS schema version2015v3.0    
Filing identifier201730469349303348    
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