Bayport-Blue Point Employees Benefit Trust Fund is located in Bayport, NY. The organization was established in 2017. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations 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. Bayport-Blue Point Employees Benefit Trust Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 08/2022, Bayport-Blue Point Employees Benefit Trust Fund generated $47.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $41.3k during the year ending 08/2022. While expenses have increased by 6.8% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO COLLECT FUNDS TO PROVIDE BENEFIT PLANS TO PARTICIPANTS, THEIR DEPENDENTS AND BENEFICIARIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Iberger Chairman | 1 | $0 | |
Vincent Ungaro Secretary | 1 | $0 | |
Timothy Hearney Trustee | 1 | $0 | |
Louis Frontario Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $47,443 |
Investment income | $85 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $47,528 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $38,840 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $750 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,743 |
Total expenses | $41,333 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $106,664 |
Other assets | $0 |
Total assets | $106,664 |
Total liabilities | $0 |
Net assets or fund balances | $106,664 |