V J G Incorporated Employee Benefit Plan

Organization Overview

V J G Incorporated Employee Benefit Plan is located in Indianapolis, IN. The organization was established in 1997. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, 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. V J G Incorporated Employee Benefit Plan is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, V J G Incorporated Employee Benefit Plan generated $9.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $9.7m during the year ending 12/2021. While expenses have increased by 11.3% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PAY HEALTHCARE BENEFITS FOR ELIGIBLE PLAN PARTICIPANTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PLAN PROVIDES FOR CERTAIN HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES OF GAYLOR ELECTRIC, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Fort
Trustee
$0
Taunya Strauss
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Umr Inc
Plan Administration
$519,099
Quantum Health Inc
Plan Administration
$319,638
View All Vendors

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$9,770,831
Investment income $12
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 $9,770,843

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