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Filing year 2023

BOSTON PUBLIC SCHOOL TEACHERS RETIREMENT FUND ASSOCIATION

Boston, Massachusetts·EIN 04-2080791·NTEE Y33Z · Mutual & Membership Benefit·501(c)(11)
Total revenue
$145k
Total assets
$1.3M
Total expenses
$283k
Reported officers
4
Mission

SEE ATTACHED STATEMENT ON SCHEDULE O.AN ACT TO PROVIDE FOR A PUBLIC SCHOOL TEACHERS RETIREMENT FUND IN THE CITY OF BOSTON. THE FUND SHALL CONSIST OF INVESTED PERMANENT AND GENERAL FUNDS. THE GENERAL FUND WILL BE DRAWN UPON FOR THE PURPOSES OF THIS ACT: TO PAY OUT DISTRIBUTIONS TO ANY QUALIFYING RETIRED BOSTON SCHOOL TEACHERS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Secretary
Secretary (Operational)
75th to 90th percentile
$22k
$25k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at BOSTON PUBLIC SCHOOL TEACHERS RETIREMENT FUND ASSOCIATION equaled 8% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
8%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 8%
from 2022

From $21k in 2022 to $22k in 2023.

$21k
2022
$22k
2023
In today's dollarsEst.
Up 4% in real terms$24k to $25k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Secretary (Operational) pay rose 8% from 2022 to 2023, while revenue rose 9%.

$21k in 2022 to $22k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BOSTON PUBLIC SCHOOL TEACHERS RETIREMENT FUND ASSOCIATION

What does the Secretary (Operational) of BOSTON PUBLIC SCHOOL TEACHERS RETIREMENT FUND ASSOCIATION earn?

In 2023, the Secretary (Operational) of BOSTON PUBLIC SCHOOL TEACHERS RETIREMENT FUND ASSOCIATION received $22,439 in total compensation. This pay is in the top quarter for Secretary (Operational) roles among Mutual & Membership Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Secretary (Operational) pay at BOSTON PUBLIC SCHOOL TEACHERS RETIREMENT FUND ASSOCIATION compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Secretary (Operational) at BOSTON PUBLIC SCHOOL TEACHERS RETIREMENT FUND ASSOCIATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at BOSTON PUBLIC SCHOOL TEACHERS RETIREMENT FUND ASSOCIATION equaled 8% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are BOSTON PUBLIC SCHOOL TEACHERS RETIREMENT FUND ASSOCIATION's revenue and expenses?

In 2023, BOSTON PUBLIC SCHOOL TEACHERS RETIREMENT FUND ASSOCIATION reported $145k in total revenue and $283k in total expenses on its IRS Form 990.

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