Community College Employees Benefit Trust
Community College Employees Benefit Trust consistently grows assets with no reported officer compensation.
EIN: 206722122 · Mukilteo, WA · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.9M |
| Total Expenses | $565K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $15 |
| Net Assets | $15.1M |
| Transparency Score | 85/100 |
Is Community College Employees Benefit Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community College Employees Benefit Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community College Employees Benefit Trust
Community College Employees Benefit Trust (EIN: 206722122) is a nonprofit organization based in Mukilteo, WA, classified under NTEE code Y43. The organization reported total revenue of $7.9M and total assets of $17.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community College Employees Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community College Employees Benefit Trust is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $565K |
| Surplus / Deficit | +$915K |
| Total Assets | $15.1M |
| Total Liabilities | $11K |
| Net Assets | $15.1M |
| Operating Margin | 61.8% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 319.9 months |
Financial Health Grade: A
In 2023, Community College Employees Benefit Trust reported a surplus of $915K with revenue exceeding expenses, holds 319.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community College Employees Benefit Trust's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.0% | +7.9% | +11.8% |
| 2022 | -31.2% | -9.9% | -9.0% |
| 2021 | +124.5% | +12.6% | +27.2% |
| 2020 | +18.1% | +18.4% | +7.7% |
| 2019 | -43.2% | +33.1% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community College Employees Benefit Trust with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Community College Employees Benefit Trust allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $915K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990, which is unusual for an organization of its size with assets exceeding $15 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Community College Employees Benefit Trust's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual leadership compensation or indicate an unusual operational model for an organization of this scale.
Strengths
The following positive indicators were identified for Community College Employees Benefit Trust:
- Consistent asset growth over the past decade, from $6,095,526 in 2014 to $15,069,367 in 2023, indicating strong financial management.
- Revenues consistently exceed expenses, demonstrating a healthy financial surplus (e.g., $1,480,585 revenue vs. $565,341 expenses in 2023).
- Regular and consistent IRS 990 filings, indicating good regulatory compliance and transparency.
Frequently Asked Questions about Community College Employees Benefit Trust
Is Community College Employees Benefit Trust a legitimate charity?
Community College Employees Benefit Trust (EIN: 206722122) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.9M. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Community College Employees Benefit Trust spend its money?
Community College Employees Benefit Trust directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Community College Employees Benefit Trust tax-deductible?
Community College Employees Benefit Trust is registered as a tax-exempt nonprofit (EIN: 206722122). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Community College Employees Benefit Trust CEO make?
Community College Employees Benefit Trust's highest-compensated officer earns $15 annually. The organization reported $7.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Community College Employees Benefit Trust's spending goes to programs?
Community College Employees Benefit Trust directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Community College Employees Benefit Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Community College Employees Benefit Trust is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community College Employees Benefit Trust located?
Community College Employees Benefit Trust is headquartered in Mukilteo, Washington and files with the IRS under EIN 206722122. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Community College Employees Benefit Trust have?
Community College Employees Benefit Trust has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.9M in total revenue.
How does Community College Employees Benefit Trust manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It could indicate that leadership is entirely volunteer-based, or that compensation is structured in a way that it's not reported under 'officer compensation' on the 990, perhaps as part of general administrative expenses or through a related entity.
What is the primary purpose of Community College Employees Benefit Trust given its NTEE code Y43?
The NTEE code Y43 indicates that Community College Employees Benefit Trust is a 'Voluntary Employees' Beneficiary Association (VEBA)'. Its primary purpose is likely to provide benefits (such as health, life, or disability insurance) to employees of community colleges.
Is the organization's asset growth sustainable?
The organization has shown consistent asset growth from $6,095,526 in 2014 to $15,069,367 in 2023. This growth, coupled with revenues consistently exceeding expenses, suggests a sustainable financial model for accumulating and managing assets to meet its benefit obligations.
Filing History
IRS 990 filing history for Community College Employees Benefit Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community College Employees Benefit Trust's revenue has grown by 117.2%, moving from $682K to $1.5M. Total assets increased by 325.6% over the same period, from $3.5M to $15.1M. Total functional expenses rose by 376.2%, from $119K to $565K. In its most recent filing year (2023), Community College Employees Benefit Trust reported a surplus of $915K, with revenue exceeding expenses. The organization holds $11K in liabilities against $15.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $15.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $565K | $15.1M | $11K | — | View 990 |
| 2022 | $1.8M | $524K | $13.5M | $10K | — | View 990 |
| 2021 | $2.6M | $582K | $14.8M | $14K | — | View 990 |
| 2020 | $1.2M | $517K | $11.6M | $18K | — | View 990 |
| 2019 | $991K | $436K | $10.8M | $6K | — | View 990 |
| 2018 | $1.7M | $328K | $9.7M | $5K | — | View 990 |
| 2017 | $1.2M | $273K | $8.7M | $11K | — | View 990 |
| 2016 | $828K | $232K | $7.6M | $9K | — | View 990 |
| 2015 | $1.1M | $232K | $6.7M | $23K | — | View 990 |
| 2014 | $1.1M | $191K | $6.1M | $3K | — | View 990 |
| 2013 | $941K | $118K | $4.9M | $1K | — | View 990 |
| 2012 | $755K | $143K | $4.1M | $2K | — | View 990 |
| 2011 | $682K | $119K | $3.5M | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $565K, and assets of $15.1M (revenue -18.0% year-over-year).
- 2022: Revenue of $1.8M, expenses of $524K, and assets of $13.5M (revenue -31.2% year-over-year).
- 2021: Revenue of $2.6M, expenses of $582K, and assets of $14.8M (revenue +124.5% year-over-year).
- 2020: Revenue of $1.2M, expenses of $517K, and assets of $11.6M (revenue +18.1% year-over-year).
- 2019: Revenue of $991K, expenses of $436K, and assets of $10.8M (revenue -43.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $328K, and assets of $9.7M (revenue +47.5% year-over-year).
- 2017: Revenue of $1.2M, expenses of $273K, and assets of $8.7M (revenue +42.8% year-over-year).
- 2016: Revenue of $828K, expenses of $232K, and assets of $7.6M (revenue -22.0% year-over-year).
- 2015: Revenue of $1.1M, expenses of $232K, and assets of $6.7M (revenue -1.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $191K, and assets of $6.1M (revenue +14.9% year-over-year).
- 2013: Revenue of $941K, expenses of $118K, and assets of $4.9M (revenue +24.6% year-over-year).
- 2012: Revenue of $755K, expenses of $143K, and assets of $4.1M (revenue +10.7% year-over-year).
- 2011: Revenue of $682K, expenses of $119K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community College Employees Benefit Trust:
Data Sources and Methodology
This transparency report for Community College Employees Benefit Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.