Boys & Girls Club Workers Association
- Assets
- $9.9m
- Revenue
- $21.3m
- Investments
- $3.1m
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 04/1965
- Data as of
- 12/2022
- EIN
- 13-6176007
Organization Overview
Boys & Girls Club Workers Association is located in Lexington, KY. The organization was established in 1965. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), 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. Boys & Girls Club Workers Association is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2022, Boys & Girls Club Workers Association generated $21.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $21.9m during the year ending 12/2022. While expenses have increased by 7.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INSURANCE PLANS FOR PARTICIPATING EMPLOYEES OF MEMBER BOYS & GIRLS CLUBS LOCATED THROUGHOUT THE UNITED STATES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL AND SHORT-TERM DISABILITY CLAIMS PAID ON BEHALF OF PARTICIPANTS
INSURANCE PREMIUMS PAID TO CARRIERS
INCREASE IN CLAIMS INCURRED BUT NOT REPORTED (IBNR)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Fries-Jackson Chairperson | OfficerTrustee | 1.5 | $0 |
Kevin Deary Vice Chairperson | OfficerTrustee | 1.5 | $0 |
Phyllis Austin Secretary | OfficerTrustee | 1.5 | $0 |
Sam Unglo Treasurer | OfficerTrustee | 3 | $0 |
Sabrina Anderson Board Member | Trustee | 1.5 | $0 |
Lisa Beilharz Board Member | Trustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cti Administrators Claims Administration | 12/30/16 | $202,785 |
Umr Incorporated Claims Administration | 12/30/16 | $772,458 |
Financial Statements
| 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 | $21,010,652 |
| Investment income | $243,032 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $28,800 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$90,303 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,270,811 |
| 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 | $16,011,496 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50,578 |
| Fees for services: Other | $20,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,439 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $21,924,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $134,854 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $807,093 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,890,168 |
| Investments—other securities | $3,084,703 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,916,818 |
| Accounts payable and accrued expenses | $510,035 |
| Grants payable | $0 |
| Deferred revenue | $159,627 |
| 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 | $1,823,952 |
| Total liabilities | $2,493,614 |
| Net assets without donor restrictions | $7,423,204 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $9,916,818 |