Akron Police Department Voluntary Employee Insurance Association

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

EIN: 341438839 ✦ Uniontown, OH ✦ Designated as a 501(c)(9)

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Overview

What is Akron Police Department Voluntary Employee Insurance Association?

The Akron Police Department Voluntary Employee Insurance Association is a nonprofit organization, specifically catering to the Akron Police Department's personnel. Its primary function is to offer various insurance benefits to its members. These benefits encompass life insurance, accidental death and dismemberment coverage, and dependent life insurance for the participants, their dependents, or designated beneficiaries. By providing these insurance plans, the association aims to support and safeguard its members financially during challenging times.

Is Akron Police Department Voluntary Employee Insurance Association legitimate?

Akron Police Department Voluntary Employee Insurance Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. Akron Police Department Voluntary Employee Insurance Association 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: $9,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Akron Police Department Voluntary Employee Insurance Association?

The Akron Police Department Voluntary Employee Insurance Association's primary objective is to extend insurance benefits to its members. This association offers comprehensive coverage, including life, accidental death and dismemberment, and dependent life insurance for the participants, their dependents, or designated beneficiaries. By providing these insurance benefits, the association aims to offer a sense of security and peace of mind to its members.

Who is the CEO of Akron Police Department Voluntary Employee Insurance Association?

Gerald Forney is the Trustee of Akron Police Department Voluntary Employee Insurance Association.

What is the revenue of Akron Police Department Voluntary Employee Insurance Association?

Akron Police Department Voluntary Employee Insurance Association's revenue in 2022 was $194,317.

Who are the executives of Akron Police Department Voluntary Employee Insurance Association and what are their salaries?

There 6 volunteers at Akron Police Department Voluntary Employee Insurance Association.


Here are 7 key members and their salaries:


Carl Stevens (Trustee)
  • Compensation: $1,650
  • Related: $0
  • Other: $0
Stephen Phillips (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Forney (Secretary/Treasurer)
  • Compensation: $8,250
  • Related: $0
  • Other: $0
James Pasheilich (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Schmidt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Mcdonald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Avelino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Akron Police Department Voluntary Employee Insurance Association?

Akron Police Department Voluntary Employee Insurance Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Akron Police Department Voluntary Employee Insurance Association

The Akron Police Department Voluntary Employee Insurance Association is dedicated to providing insurance benefits to its members. In this role, the organization offers life, accidental death and dismemberment, as well as dependent life insurance coverage to participants, their dependents, or designated beneficiaries. Through these insurance offerings, the association aims to offer peace of mind and financial protection to its members.

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Impact




October, 2024

The Akron Police Department Voluntary Employee Insurance Association significantly impacts its members by providing essential insurance benefits that enhance their financial security and peace of mind. By offering life insurance, accidental death and dismemberment coverage, and dependent life insurance, the Association ensures that participants and their families are protected in case of unforeseen events.

This support is vital for police officers and their families, as they often face unique risks associated with their profession. The availability of such benefits can alleviate some of the financial burdens during challenging times, thereby contributing to the overall well-being of the officers and fostering a sense of community and support within the workforce. Moreover, the emphasis on dependent coverage highlights the Association's commitment to protecting not just the individual officers but also ensuring the safety and welfare of their loved ones.

Overall, the Association plays a critical role in enhancing the resilience of its members and promoting a culture of care and support within the Akron Police Department community.




This information is meant to be a general summary of Akron Police Department Voluntary Employee Insurance Association. 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
$194,317 (2022)
Expenses
$114,053 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $144,686
  • Program Service Revenue: $49,631
  • Gross Receipts: $311,992

Assets and Liabilities:

  • Total Assets: $2,419,740
  • Total Liabilities: $0
  • Net Assets: $2,419,740

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Programs

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

PARTICIPANT CONTRIB.

Revenue

$49,631

Organization Details

Founding Year

1984

Principal Officer

Gerald Forney

Main Address

3105 HAMPTON STREET NW, UNIONTOWN, OH, 44685

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