Durham Firemens Supplemental Retirement System

Organization Overview

Durham Firemens Supplemental Retirement System is located in Durham, NC. The organization was established in 1953. 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. Durham Firemens Supplemental Retirement System is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2024, Durham Firemens Supplemental Retirement System generated $296.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $258.9k during the year ending 06/2024. While expenses have increased by 2.7% 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

2024

Describe the Organization's Mission:

Part 3 - Line 1

SUPPLEMENTAL PENSION PAYMENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPLEMENTAL PENSION PAYMENTS TO RETIRED FIREMEN. APPROXIMATELY 182 RETIRED FIREMEN SUPPLEMENTED.


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Board, Officers & Key Employees

Name (title)Compensation
William Towner
Treasurer
$4,548
Alicia Grant
Member
$0
Cheryl Klein
Member
$0
David Odell
Secretary
$0
Woody Vann
President
$0

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$296,536
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$296,536
Total Program Service Revenue$0
Investment income $10
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 $296,546

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