G4s Secure Solutions Usa Group Insurance Program For Empl & Deps is located in Jupiter, FL. The organization was established in 1988. 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. G4s Secure Solutions USA Group Insurance Program For Empl & Deps is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 10/2020, G4s Secure Solutions USA Group Insurance Program For Empl & Deps generated $84.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $83.1m during the year ending 10/2020. While expenses have increased by 4.9% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT, DISABILITY, DENTAL AND MEDICAL BENEFITS FOR EMPLOYEES OF THE COMPANY AND CERTAIN SUBSIDIARIES AND THEIR DEPENDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Geoff Gerks Veba Comm Mbr | Trustee | 0 | $0 |
Lee Achord Veba Comm Mbr | Trustee | 0 | $0 |
Tim Mccormick Veba Comm Mbr | Trustee | 0 | $0 |
Drew Levine Veba Comm Mbr | Trustee | 0 | $0 |
Gene Kuyrkendall Veba Comm Mbr | Trustee | 0 | $0 |
Daniel Grizzard Veba Comm Mbr | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $182,330 |
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 | $84,318,194 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $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 | $0 |
Fees for services: Accounting | $0 |
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 | $0 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $8,226,167 |
All other expenses | $0 |
Total functional expenses | $83,127,777 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $17,830,655 |
Savings and temporary cash investments | $18,400,154 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $767,042 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,050,000 |
Total assets | $38,047,851 |
Accounts payable and accrued expenses | $7,026,034 |
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 | $0 |
Total liabilities | $7,026,034 |
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 | $31,021,817 |
Total liabilities and net assets/fund balances | $31,021,817 |
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