Toledo Fire Fighters Local 92 Health & Welfare Plan is located in Toledo, OH. The organization was established in 1979. According to its NTEE Classification (M24) the organization is classified as: Fire Prevention, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2023, Toledo Fire Fighters Local 92 Health & Welfare Plan employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Toledo Fire Fighters Local 92 Health & Welfare Plan 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, Toledo Fire Fighters Local 92 Health & Welfare Plan generated $10.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $8.7m during the year ending 12/2023. While expenses have increased by 3.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HEALTH BENEFITS TO MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH AND LIFE INSURANCE FOR FIREFIGHTERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angela Magers Administrato | Officer | 40 | $38,701 |
Todd Abair Board Member | Trustee | 1 | $0 |
Kriston Allen Board Member | Trustee | 1 | $0 |
Jerry Boose Board Member | Trustee | 1 | $0 |
Paul Johnson Board Member | Trustee | 1 | $0 |
Clarence A Espen Jr Board Member | Trustee | 1 | $0 |
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 | $9,319,190 |
Investment income | $262,543 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $137,095 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,059,612 |
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 | $7,933,428 |
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 | $172,161 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $15,767 |
Fees for services: Management | $0 |
Fees for services: Legal | $40,679 |
Fees for services: Accounting | $23,395 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $5,483 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,700 |
Travel | $0 |
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 | $1,444 |
Insurance | $0 |
All other expenses | $42,447 |
Total functional expenses | $8,701,752 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $140,791 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $241,063 |
Net Land, buildings, and equipment | $5,414 |
Investments—publicly traded securities | $11,998,043 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $60,325 |
Total assets | $12,445,636 |
Accounts payable and accrued expenses | $52,861 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $982,251 |
Total liabilities | $1,035,112 |
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 | $11,410,524 |
Total liabilities and net assets/fund balances | $12,445,636 |