Entertainment Industry Flex Plan is located in los angeles, CA. The organization was established in 1986. 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. Entertainment Industry Flex Plan 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, Entertainment Industry Flex Plan generated $100.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $69.6m during the year ending 12/2021. While expenses have increased by 4.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES MEDICAL, DENTAL, VISION, LIFE INSURANCE, DISABILITY INSURANCE AND DEPENDENT CARE ASSISTANCE BENEFITS TO PARTICIPATING EMPLOYEES UNDER APPLICABLE COLLECTIVE BARGAINING AGREEMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dooner Trustee | Trustee | 0.5 | $0 |
Marc Sandman Trustee | Trustee | 0.15 | $0 |
Catherine Cusimano Trustee | Trustee | 0.42 | $0 |
Charlie Braico Trustee | Trustee | 0.51 | $0 |
Rob Brandwene Trustee | Trustee | 0.5 | $0 |
Robert Prunn Trustee | Trustee | 0.46 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Benefit Plans Inc Contract Admin. | 12/30/20 | $3,159,062 |
Weaver Barksdale Assoc Investment Banker | 12/30/20 | $112,462 |
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 | $96,463,502 |
Investment income | $3,467,849 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $837,307 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $100,768,658 |
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 | $65,786,385 |
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 | $3,159,468 |
Fees for services: Legal | $106,091 |
Fees for services: Accounting | $32,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $190,535 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $155,439 |
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 | $53,451 |
All other expenses | $0 |
Total functional expenses | $69,623,705 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,465,549 |
Savings and temporary cash investments | $32,022,579 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,180,316 |
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 | $133,380,653 |
Investments—other securities | $18,196,535 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $193,245,632 |
Accounts payable and accrued expenses | $14,774,775 |
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 | $14,774,775 |
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 | $178,470,857 |
Total liabilities and net assets/fund balances | $193,245,632 |