Fringe Benefit Plan &trust For Dbra Employees Of Central Specialties

Organization Overview

Fringe Benefit Plan &trust For Dbra Employees Of Central Specialties is located in Alexandria, MN. The organization was established in 2011. 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. Fringe Benefit Plan &trust For Dbra Employees Of Central Specialties is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 04/2022, Fringe Benefit Plan &trust For Dbra Employees Of Central Specialties generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $2.2m during the year ending 04/2022. While expenses have increased by 1.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA) FRINGE BENEFIT PLAN FOR DAVIS-BACON AND RELATED ACTS (DBRA) FOR THE EMPLOYEES OF CENTRAL SPECIALTIES, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE MEDICAL CARE AND OTHER QUALIFIED WELFARE BENEFITS FOR ELIGIBLE EMPLOYEES AND THEIR SPOUSES AND DEPENDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Ross Larson
Trustee
$0
Joe Minnerath
Trustee
$0

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$2,314,750
Investment income $10,158
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,324,908

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