Form 990 for tax year 2022
Filed by SPOKANE FIRE FIRGHTERS BENEFIT TRUST.
Totals
- Total revenue
- $11,835,802
- Total expenses
- $8,896,410
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $11,215,459
- Investment income
- $620,343
- Other revenue
- $0
- Total assets, end of year
- $31,305,327
- Total liabilities, end of year
- $1,766,060
- Net assets or fund balances, end of year
- $29,539,267
- Program services expenses (Part IX)
- $8,896,410
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $8,896,410
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: EMPLOYER CONTRIBUTIONS
total $8,807,895 · related or exempt $8,807,895
-
2b · Program service revenue: RETIREE CONTRIBUTIONS
total $971,663 · related or exempt $971,663
-
2c · Program service revenue: PARTICIPANT CONTRIBUTIONS
total $760,305 · related or exempt $760,305
-
2d · Program service revenue: HRA CONTRIBUTIONS
total $647,327 · related or exempt $647,327
-
2e · Program service revenue: COBRA CONTRIBUTIONS
total $28,269 · related or exempt $28,269
-
3 · Investment income
total $508,758 · excluded $508,758
-
7a · Gross sales of assets other than inventory
securities $12,022,826
-
7b · Less cost or other basis and sales expenses
securities $11,911,241
-
7c · Gain or loss
securities $111,585
-
7d · Net gain or loss
total $111,585 · related or exempt $111,585
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $8,149,103 · program services $8,149,103
-
11a · Fees: management
total $321,096 · program services $321,096
-
11b · Fees: legal
total $25,033 · program services $25,033
-
11c · Fees: accounting
total $14,290 · program services $14,290
-
11f · Fees: investment management
total $135,920 · program services $135,920
-
11g · Fees: other
total $200,380 · program services $200,380
-
13 · Office expenses
total $16,875 · program services $16,875
-
17 · Travel
total $20,442 · program services $20,442
-
23 · Insurance
total $8,701 · program services $8,701
-
24a · Other expenses: MISCELLANEOUS
total $3,044 · program services $3,044
-
24b · Other expenses: PCORI
total $1,526 · program services $1,526
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $559,290 · end of year $708,854
-
2 · Savings and temporary cash investments
beginning of year $3,653,145 · end of year $5,072,048
-
4 · Accounts receivable
beginning of year $139,732 · end of year $173,064
-
9 · Prepaid expenses and deferred charges
beginning of year $861 · end of year $1,051
-
11 · Investments: publicly traded securities
beginning of year $20,489,410 · end of year $18,686,609
-
15 · Other assets
beginning of year $6,098,713 · end of year $6,663,701
-
17 · Accounts payable and accrued expenses
beginning of year $28,411 · end of year $64,917
-
19 · Deferred revenue
beginning of year $756,008 · end of year $822,615
-
25 · Other liabilities
beginning of year $547,228 · end of year $878,528
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $29,609,504 · end of year $29,539,267
Mission and programs · 2022
Mission
THE TRUST FUND WAS ORGANIZED TO ENABLE MEMBERS OF THE LOCAL NO. 29 TO USE THEIR COLLECTIVE PURCHASING POWER AND COLLECTIVE BARGAINING RIGHTS TO SECURE COMPETITIVELY PRICED INSURANCE PRODUCTS AND/OR MEDICAL BENEFITS.THE TRUST PROVIDES AN ENTITY TO WHICH CONTRIBUTIONS FROM CONTRIBUTING EMPLOYERS OR PARTICIPATING EMPLOYEE ORGANIZATIONS, AND CONTRIBUTIONS FROM PARTICIPATING MEMBERS, CAN BE PAID.
-
TO PROVIDE HEALTH AND OTHER BENEFITS FOR ELIGIBLE EMPLOYEES AND COVERED DEPENDENTS.
Expenses $8,896,410
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mike ForbesMIKE FORBES
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Randy MarlerRANDY MARLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Shane SkipworthSHANE SKIPWORTH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lee VenningLEE VENNING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nathan CoverNATHAN COVER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Marissa DelamatterMARISSA DELAMATTER
ALTERNATIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher MunozCHRISTOPHER MUNOZ
ALTERNATIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joanna BalinJOANNA BALIN
ALTERNATIVE TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CITY OF SPOKANE
CONTRIBUTING EMPLOYER
-
SPOKANE INTERNATIONAL AIRPORT
CONTRIBUTING EMPLOYER
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349319082
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