Lodge 447 Fringe Benefit Trust is located in Englewood Cliffs, NJ. The organization was established in 0000. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. Lodge 447 Fringe Benefit Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2022, Lodge 447 Fringe Benefit Trust generated $915.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $683.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE DENTAL AND OPTICAL BENEFITS TO ELIGIBLE PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE DENTAL AND OPTICAL BENEFITS TO ELIGIBLE PARTICIPANTS.THE NUMBER OF PARTICIPANTS IS 1,356.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Senff Union Trustee | Trustee | 5 | $0 |
Jeffrey Isaacs Employer Trustee | Trustee | 5 | $0 |
Robert Paese Union Trustee | Trustee | 5 | $0 |
Norman Shreve Union Trustee | Trustee | 5 | $0 |
Nick Dandrea Jr Employer Trustee | Trustee | 5 | $0 |
Cristino Vilorio Union Trustee | Trustee | 5 | $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 | $914,631 |
Investment income | $11,097 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$9,829 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $915,899 |
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 | $470,723 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $12,006 |
Fees for services: Accounting | $50,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $127,941 |
Advertising and promotion | $0 |
Office expenses | $6,691 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,843 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,297 |
All other expenses | $0 |
Total functional expenses | $683,861 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$27,276 |
Savings and temporary cash investments | $2,022,573 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $73,311 |
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 | $793 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,911,384 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $111,258 |
Total assets | $4,092,043 |
Accounts payable and accrued expenses | $31,832 |
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 | $477,166 |
Total liabilities | $508,998 |
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 | $3,583,045 |
Total liabilities and net assets/fund balances | $4,092,043 |