Ralph & Mary Simmons Welfare Fund
- Assets
- $831.2k
- Revenue
- $212.9k
- Investments
- $831.2k
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 00/0000
- Data as of
- 08/2021
- EIN
- 01-6007242
Organization Overview
Ralph & Mary Simmons Welfare Fund is located in Brooklyn, OH. The organization was established in 0000. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 08/2021, Ralph & Mary Simmons Welfare Fund generated $212.9k in total revenue. All expenses for the organization totaled $14.1k during the year ending 08/2021.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,893 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $200,983 |
| Capital Gain Net Income | $200,983 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $212,876 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,538 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,602 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,140 |
| Contributions, gifts, grants paid | $4,000 |
| Total expenses and disbursements | $14,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $831,234 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $831,234 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ralph & Mary Simmons Welfare Fund has awarded $8,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
KATRINA MAXSIMIC CO UNIVERSITY OF MAINE PURPOSE: SCHOLARSHIP | $2,000 |
AVERY TAYLOR CO UNIVERSITY OF MAINE PURPOSE: SCHOLARSHIP | $2,000 |
AVERY TAYLOR CO UNIVERSITY OF MAINE PURPOSE: SCHOLARSHIP | $2,000 |
KATRINA MAXSIMIC CO UNIVERSITY OF MAINE PURPOSE: SCHOLARSHIP | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cement Masons-592 Welfare Fund Philadelphia, PA | $28,352,479 | $12,285,764 |
V J G Incorporated Employee Benefit Plan Indianapolis, IN | $188,039 | $9,770,843 |
Traylor Bros Inc Employee Benefits Plan Trust Evansville, IN | $0 | $8,264,652 |
Pennsylvania Property And Casualty Insurance Guaranty Association Philadelphia, PA | $159,227,112 | $35,772,841 |
Pittsburgh Building Owners Welfare Fund Pittsburgh, PA | $5,835,714 | $9,211,628 |
American Mutual Share Insurance Corp & Subsidiaries Dublin, OH | $356,642,183 | $10,357,280 |
Builders Exchange Benefit Plan Trust Valley View, OH | $8,146,430 | $9,209,306 |
Canton Electrical Welfare Fund Canfield, OH | $20,317,325 | $9,164,122 |
Electricians Welfare Fund-No 81 Scranton, PA | $15,969,478 | $8,238,937 |
Cantex Employee Benefit Trust Dublin, OH | $5,000 | $8,010,752 |
Asphalt Institute Inc Lexington, KY | $13,937,095 | $7,949,306 |
Baptist Healthcare System Inc Louisville, KY | $962,738 | $6,805,562 |