Service Employees Benefit Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 150613682 ✦ Syracuse, NY ✦ Designated as a 501(c)(9)

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Overview

What is Service Employees Benefit Fund?

The Service Employees Benefit Fund, based in Syracuse, New York, is a nonprofit organization dedicated to delivering health and welfare services to its members. With a total of nine employees, the Fund offers coverage for various benefits, including medical, dental, optical, disability, accidental death, and death benefits to a community of 8,186 participants. These services aim to enhance the overall well-being and quality of life for those it serves.


Official website here: www.sebf.org

What are the reviews and ratings of this charity?

The Service Employees Benefit Fund is not currently rated by Charity Navigator due to its status as a non-501(c)(3) IRS registered organization. This means that certain important evaluative criteria, such as Accountability & Finance or Impact & Measurement, aren't applicable, making a comprehensive assessment by Charity Navigator impossible. Consequently, this absence of a rating does not imply any particular endorsement or criticism of the organization.

The organization is noted to be independent, without affiliation to a national or regional body, which might offer it flexibility but also limits for collaborative opportunities. However, the lack of detailed financial data such as total revenue, expenses, or salaries for key individuals makes it difficult to ascertain its financial health and organizational structure.

Given these limitations and the inability to provide a full evaluation of aspects like Leadership & Adaptability, it's challenging to make a comprehensive assessment of the organization's performance or impact. The absence of user reviews on platforms like GreatNonprofits further limits available public insights into the organization's operations or employee and member experiences.


This AI summary has been generated from information found on Charity Navigator.

Is Service Employees Benefit Fund legitimate?

Service Employees Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Service Employees Benefit Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $621,956

For more financial information, click here


Official website here: www.sebf.org

What is the mission statement of Service Employees Benefit Fund?

The Service Employees Benefit Fund is committed to delivering health and welfare services to its membership. This non-profit organization focuses on providing essential benefits, including medical, dental, optical, disability, accidental death and dismemberment, and death benefits. With a total of 8,186 participants benefiting from their services, the organization ensures that the health and wellbeing of its members are prioritized. Their mission is centered around improving the quality of life for those they serve. Through comprehensive coverage, the Service Employees Benefit Fund aims to provide peace of mind and security, enabling its members to focus on their daily lives.


Official website here: www.sebf.org

Who is the CEO of Service Employees Benefit Fund?

Terry Moon is the Trustee of Service Employees Benefit Fund.


Official website here: www.sebf.org

What is the revenue of Service Employees Benefit Fund?

Service Employees Benefit Fund's revenue in 2022 was $43,032,952.


Official website here: www.sebf.org

Who are the executives of Service Employees Benefit Fund and what are their salaries?

The average compensation at Service Employees Benefit Fund during 2022 was $69,106. There are 9 employees at Service Employees Benefit Fund.


Here are 7 key members and their salaries:


Robert Wood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Golembeski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Phillipson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Murray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Bongdanove (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Mcmanus (Fund Manager (Retired 12/31/22))
  • Compensation: $113,790
  • Related: $0
  • Other: $25,288


Official website here: www.sebf.org

Where can I find the form 990 for Service Employees Benefit Fund?

Service Employees Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sebf.org

Learn more at the official website: www.sebf.org

Mission Statement of Service Employees Benefit Fund

The Service Employees Benefit Fund, a nonprofit organization, is committed to delivering health and welfare services to its members. With a focus on improving the wellbeing of its participants, the organization provides comprehensive coverage for medical, dental, optical, disability, accidental death and dismemberment, and death benefits.

Working behind the scenes, the Service Employees Benefit Fund empowers its members with essential benefits designed to support their overall health and well-being. The organization's mission is twofold: ensuring access to quality healthcare and offering additional benefits to enhance the lives of those it serves.

By catering to the diverse needs of its members, the Service Employees Benefit Fund extends beyond basic health coverage. The organization's dedication to its mission resulted in the provision of coverage for 8,186 participants, highlighting its commitment to delivering on its promises. The organization's services go beyond just insurance, aiming to make a positive impact on the lives of those it serves.

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Impact




October, 2024

The Service Employees Benefit Fund significantly enhances the well-being of its members by providing comprehensive health and welfare services. With coverage options that include medical, dental, optical, disability, accidental death and dismemberment, and death benefits, the fund ensures that 8,186 participants have access to essential health services. This support not only aids individuals in managing their health and unforeseen circumstances but also fosters a sense of security within the community. By prioritizing the welfare of its members, the Fund plays a crucial role in promoting overall health and quality of life in Syracuse, NY.




This information is meant to be a general summary of Service Employees Benefit Fund. 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.

Revenue
$43,032,952 (2022)
Expenses
$38,297,083 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,052,386
  • Program Service Revenue: $37,779,210
  • Gross Receipts: $59,917,144

Assets and Liabilities:

  • Total Assets: $51,277,450
  • Total Liabilities: $160,140
  • Net Assets: $51,117,310

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$37,646,649

SEPARATED EMPLOYEE CONTRIBUTIONS

Revenue

$110,918

INTEREST ON DELINQUENCIES

Revenue

$19,662

MISCELLANEOUS INCOME

Revenue

$1,981

Organization Details

Founding Year

1961

Principal Officer

Terry Moon

Main Address

250 S CLINTON STREET SUITE 200, SYRACUSE, NY, 13202

NTEE Category

Code: Y43 - Mutual benefit

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