Mutual Benefit Association is located in Cincinnati, OH. The organization was established in 1941. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., 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. Mutual Benefit Association is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2023, Mutual Benefit Association generated $4.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.3%) each year. All expenses for the organization totaled $33.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SUPPLEMENTAL SICK PAY BENEFITS TO MEMBERS AFTER 7 DAYS SICK OFF WORK
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Wilson Chairperson | 5 | $0 | |
Chris Wells Vice Chairperson | 1 | $0 | |
Bob Kirch Treasurer/manager Of Compliance | 5 | $0 | |
Dave Theim Trustee | 2 | $0 | |
Patti Fronk Trustee | 1 | $0 | |
Larry Jutzi Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4,064 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $737 |
Total Revenue | $4,801 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $6,324 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $8,995 |
Occupancy, rent, utilities, and maintenance | $4,850 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $13,630 |
Total expenses | $33,799 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $250,331 |
Other assets | $0 |
Total assets | $250,331 |
Total liabilities | $0 |
Net assets or fund balances | $250,331 |