Overview
What is The Bridgeport Firemen's Sick And Death Benefit Association Inc?
The Bridgeport Firemen's Sick And Death Benefit Association Inc, located in Milford, Connecticut, is a nonprofit organization with a mission to support its members in times of need. By collecting membership dues, the association provides financial assistance in the event of sickness, injuries, or death sustained while on duty. For sickness lasting more than 30 days, members receive a daily benefit of $5, with a maximum of $500 in any fiscal year. Injury benefits amount to $10 per day, with a maximum payout of $1,200. Upon a member's demise, the association pays out $14,000 to a person designated by the member. The primary purpose of this nonprofit is to ensure that its members have financial support during challenging times related to their professional duties.
Official website here: www.bfdsd.org
Is The Bridgeport Firemen's Sick And Death Benefit Association Inc legitimate?
The Bridgeport Firemen's Sick And Death Benefit Association Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Bridgeport Firemen's Sick And Death Benefit Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $20,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bfdsd.org
What is the mission statement of The Bridgeport Firemen's Sick And Death Benefit Association Inc?
The Bridgeport Firemen's Sick and Death Benefit Association Inc is dedicated to serving its members. The primary use of membership dues is to provide financial assistance in the form of sick, injury, and death benefits. In the event of extended illnesses exceeding 30 days, members receive a daily benefit of $5, with a maximum of $500 per fiscal year. For work-related injuries, benefits amount to $10 per day, capped at $1,200. Upon a member's demise, a lump sum of $14,000 is paid to an individually designated beneficiary. The association's mission is centered around supporting its firemen members during their times of need.
Official website here: www.bfdsd.org
Who is the CEO of The Bridgeport Firemen's Sick And Death Benefit Association Inc?
Louis Santiago is the President of The Bridgeport Firemen's Sick And Death Benefit Association Inc.
Official website here: www.bfdsd.org
What is the revenue of The Bridgeport Firemen's Sick And Death Benefit Association Inc?
The Bridgeport Firemen's Sick And Death Benefit Association Inc's revenue in 2023 was $35,163.
Official website here: www.bfdsd.org
Who are the executives of The Bridgeport Firemen's Sick And Death Benefit Association Inc and what are their salaries?
The average compensation at The Bridgeport Firemen's Sick And Death Benefit Association Inc during 2023 was $10,187. There are 2 employees at The Bridgeport Firemen's Sick And Death Benefit Association Inc.
Here are 7 key members and their salaries:
- Compensation: $704
- Related: $0
- Other: $0
- Compensation: $353
- Related: $0
- Other: $0
- Compensation: $7,443
- Related: $0
- Other: $0
- Compensation: $7,443
- Related: $0
- Other: $0
- Compensation: $1,477
- Related: $0
- Other: $0
- Compensation: $1,477
- Related: $0
- Other: $0
- Compensation: $1,477
- Related: $0
- Other: $0
Official website here: www.bfdsd.org
Where can I find the form 990 for The Bridgeport Firemen's Sick And Death Benefit Association Inc?
The Bridgeport Firemen's Sick And Death Benefit Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bfdsd.org
Learn more at the official website: www.bfdsd.org
Mission Statement of The Bridgeport Firemen's Sick And Death Benefit Association Inc
The Bridgeport Firemen's Sick and Death Benefit Association Inc is an organization dedicated to supporting its members. Their primary mission, as stated in their activities and description, is to utilize membership dues solely for the provision of benefits. These benefits are designed to aid members in times of need, specifically during periods of sickness, injuries sustained while on duty, or at the unfortunate event of their demise.
For sickness that surpasses 30 days, members of this association are entitled to a daily benefit of $5, with a maximum payout of $500 in a fiscal year. In the case of injuries sustained while on duty, members can receive a daily benefit of $10, with a maximum payout of $1,200. Upon the death of a member, a significant sum of $14,000 is paid out to a person designated by the member, as per their written notice. This financial assistance serves as a safety net for the members and their families during challenging times.
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Impact
October, 2024
The Bridgeport Firemen's Sick And Death Benefit Association Inc provides crucial financial support to its members during challenging times. Through the collection of membership dues, the association ensures that benefits are available for members facing death, sickness, or injuries sustained in the line of duty.
When a member is unable to work due to illness lasting more than 30 days, they receive $5 per day, with a maximum benefit of $500 per fiscal year. In cases of injury, the association provides $10 per day for missed work, capped at $1,200. Furthermore, in the unfortunate event of a member's death, the association pays a designated beneficiary $14,000, offering critical financial relief to the member's family.
This support not only enhances the wellbeing of the members but also fosters a sense of security and camaraderie among firefighters, knowing they have a safety net during life's unpredictable challenges. Overall, the Association plays a vital role in safeguarding the welfare of its members and their families, reinforcing a strong community centered around mutual assistance and care.
This information is meant to be a general summary of The Bridgeport Firemen's Sick And Death Benefit Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $21,541
- Gross Receipts: $357,771
Assets and Liabilities:
- Total Assets: $2,236,664
- Total Liabilities: $0
- Net Assets: $2,236,664
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Organization Details
Founding Year
1916
Phone
(203) 301-0359Principal Officer
Louis Santiago
Main Address
83 Castle Lane, Milford, CT, 06460
Website
www.bfdsd.orgNTEE Category
Code: Y40 - Mutual benefit
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