Broward County Professional Peramedic & Firefrighters Benefit is located in Lauderhill, FL. The organization was established in 2002. 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. Broward County Professional Peramedic & Firefrighters Benefit is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2023, Broward County Professional Peramedic & Firefrighters Benefit generated $6.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $3.3m during the year ending 12/2023. While expenses have increased by 8.0% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BENEFIT PLAN PROVIDES DISABILITY AND LEGAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PLAN PROVIDES DISABILITY AND LEGAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Walter Dix Chairman | OfficerTrustee | 4 | $0 |
Steve Bertuccio Union President | OfficerTrustee | 2 | $0 |
Jp Demierre Trustee | Trustee | 2 | $0 |
James Shetter Trustee | Trustee | 2 | $0 |
Doug Walter Trustee | Trustee | 2 | $0 |
Mike Walker Trustee | Trustee | 2 | $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 | $4,439,172 |
Investment income | $478,755 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$12,181 |
Net Gain/Loss on Asset Sales | $1,928,320 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,834,066 |
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 | $3,155,571 |
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 | $56,789 |
Fees for services: Legal | $41,836 |
Fees for services: Accounting | $12,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $41,606 |
Fees for services: Other | $15,800 |
Advertising and promotion | $0 |
Office expenses | $5,395 |
Information technology | $643 |
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 | $0 |
All other expenses | $778 |
Total functional expenses | $3,348,309 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,547,737 |
Savings and temporary cash investments | $1,006,428 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 |
Net Land, buildings, and equipment | $625,326 |
Investments—publicly traded securities | $23,610,712 |
Investments—other securities | $2,937,051 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $31,727,254 |
Accounts payable and accrued expenses | $1,559 |
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 | $37,705,765 |
Total liabilities | $37,707,324 |
Net assets without donor restrictions | -$5,980,070 |
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 | $0 |
Total liabilities and net assets/fund balances | $31,727,254 |