Suffolk County Municipal Employees Benefit Fund is located in Bohemia, NY. The organization was established in 1976. As of 12/2021, Suffolk County Municipal Employees Benefit Fund employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Suffolk County Municipal Employees Benefit Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, Suffolk County Municipal Employees Benefit Fund generated $14.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $12.8m during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROVIDE SUPPLEMENTAL HEALTH AND WELFARE BENEFITS TO ITS ELIGIBLE PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SUPPLEMENTAL HEALTH AND WELFARE BENEFITS ON BEHALF OF ELIGIBLE PARTICIPANTS. THE APPROXIMATE NUMBER OF ELIGIBLE PARTICIPANTS WAS 11,590.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Mirabella Adminstrator | Officer | 40 | $126,187 |
Tom Rico Controller | 40 | $109,693 | |
Michele O'connell Former Trustee | Trustee | 1 | $0 |
Daniel Levler Chairperson | Trustee | 1 | $0 |
Stanley Humin III Trustee | Trustee | 1 | $0 |
Thomas Moran Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Vision Screening Vision Provider | 12/30/21 | $305,880 |
General Vision Services Llc Vision Provider | 12/30/21 | $111,030 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $13,150,077 |
Investment income | $362,611 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,228,992 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,741,680 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $10,635,360 |
Compensation of current officers, directors, key employees. | $153,658 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $608,157 |
Pension plan accruals and contributions | $192,295 |
Other employee benefits | $296,530 |
Payroll taxes | $54,241 |
Fees for services: Management | $0 |
Fees for services: Legal | $55,967 |
Fees for services: Accounting | $55,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $134,399 |
Fees for services: Other | $215,252 |
Advertising and promotion | $0 |
Office expenses | $126,311 |
Information technology | $80,672 |
Royalties | $0 |
Occupancy | $166,064 |
Travel | $264 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,114 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $49,398 |
Insurance | $16,312 |
All other expenses | $1,310 |
Total functional expenses | $12,846,304 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,615,586 |
Savings and temporary cash investments | $1,000,518 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,470,676 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $18,007 |
Net Land, buildings, and equipment | $313,218 |
Investments—publicly traded securities | $22,120,626 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $18,910 |
Total assets | $36,557,541 |
Accounts payable and accrued expenses | $116,615 |
Grants payable | $0 |
Deferred revenue | $980,235 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,968,141 |
Total liabilities | $4,064,991 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $32,492,550 |
Total liabilities and net assets/fund balances | $36,557,541 |