Bodine Electric Of Danville Inc Employee Benefits Tr is located in Decatur, IL. The organization was established in 1999. 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. Bodine Electric Of Danville Inc Employee Benefits Tr is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 07/2024, Bodine Electric Of Danville Inc Employee Benefits Tr generated $163.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $158.2k during the year ending 07/2024. While expenses have increased by 5.3% 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE HEALTH AND WELFARE FOR RECIPIENTS BY PAYMENT OF MEDICAL & DENTAL CLAIMS FOR COVERED EMPLOYEES & DEPENDENTS.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $163,087 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $163,087 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $158,223 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $158,223 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,787 |
Other assets | $0 |
Total assets | $17,787 |
Total liabilities | $0 |
Net assets or fund balances | $17,787 |