Suffolk Cty Assn Mun Employees Supplement Benefits Fd Tr
- Assets
- $6.5m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Bohemia, NY
- Founding
- Data as of
- 12/2021
- EIN
- 85-2226222
Organization Overview
Suffolk Cty Assn Mun Employees Supplement Benefits Fd Tr is located in Bohemia, NY. 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. Suffolk Cty Assn Mun Employees Supplement Benefits Fd Tr is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, Suffolk Cty Assn Mun Employees Supplement Benefits Fd Tr generated $3.4m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 5.9% each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TRUST IS CREATED, ESTABLISHED, AND MAINTAINED. THE TRUSTEES AGREE TO RECEIVE FUNDS FROM THE COUNTY OF SUFFOLK, AND TO HOLD ALL MONEY OR PROPERTY RECIEVED AND ADMINISTER IT BY WAY OF SELF-ADMINISTRATION FOR THE PURPOSE OF PROVIDING AND MAINTAINING SUPPLEMENTAL BENEFITS TO PARTICIPANTS AND MEMBERS, AND DEFRAYING THE REASONABLE EXPENSES OF ADMINISTRATION OF THE PLAN IN ACCORDANCE WITH THE PROVISIONS SET FORTH IN THE AGREEMENT HEREIN AND IN THE PLAN TO DEVISE AND IMPLEMENT SUCH OTHER PROCEDURES AND PROGRAMS AS MAY BE NECESSARY OR FAVORABLE FROM TIME TO TIME TO FULFILL THE FORGOING OBJECTIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST IS CREATED, ESTABLISHED, AND MAINTAINED. THE TRUSTEES AGREE TO RECEIVE FUNDS FROM THE COUNTY OF SUFFOLK, AND TO HOLD ALL MONEY OR PROPERTY RECIEVED AND ADMINISTER IT BY WAY OF SELF-ADMINISTRATION FOR THE PURPOSE OF PROVIDING AND MAINTAINING SUPPLEMENTAL BENEFITS TO PARTICIPANTS AND MEMBERS, AND DEFRAYING THE REASONABLE EXPENSES OF ADMINISTRATION OF THE PLAN IN ACCORDANCE WITH THE PROVISIONS SET FORTH IN THE AGREEMENT HEREIN AND IN THE PLAN TO DEVISE AND IMPLEMENT SUCH OTHER PROCEDURES AND PROGRAMS AS MAY BE NECESSARY OR FAVORABLE FROM TIME TO TIME TO FULFILL THE FORGOING OBJECTIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel C Levler Foc Chairman | Officer | 5 | $0 |
James Eddings Trustee Vice Chair | Trustee | 5 | $0 |
Gordon Warnok Trustee Chair | Trustee | 5 | $0 |
Sandra Palmer Trustee, Recording Secretary | Trustee | 5 | $0 |
Scott Mirabella Trustee, Treasurer | Trustee | 5 | $0 |
Charles Bartha Trustee | Trustee | 5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,338,981 |
| Investment income | $96,347 |
| 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 | $3,435,328 |
| 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 | $0 |
| 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 | $0 |
| Fees for services: Accounting | $9,940 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,218 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $392 |
| 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 | $87 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $15,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,394,231 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $3,114,698 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,508,929 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $6,508,929 |
| 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 | $6,508,929 |
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