Durham Firefighters Supplemental Retirement Syste

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

EIN: 566024202 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is Durham Firefighters Supplemental Retirement Syste?

The Durham Firefighters Supplemental Retirement System is a nonprofit organization dedicated to enhancing the financial well-being of retired firefighters in Durham. With a mission to supplement their pension payments, the system provides additional financial support to approximately 185 retired firemen. This support serves as a crucial aid, ensuring these individuals maintain a decent standard of living post-retirement.

Is Durham Firefighters Supplemental Retirement Syste legitimate?

Durham Firefighters Supplemental Retirement Syste is a legitimate nonprofit organization registered as a 501(c)(3) entity. Durham Firefighters Supplemental Retirement Syste 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: $4,548

For more financial information, click here

What is the mission statement of Durham Firefighters Supplemental Retirement Syste?

The Durham Firefighters Supplemental Retirement System's primary mission is to provide supplemental pension payments for retired firefighters. This system assists around 185 retired individuals by offering additional financial support. The system's role is essential in helping these retired firefighters maintain a comfortable post-retirement life. The Durham Firefighters Supplemental Retirement System serves as a safety net, ensuring that these retired firemen can continue to live with a certain level of financial stability.

Who is the CEO of Durham Firefighters Supplemental Retirement Syste?

William Towner is the Treasurer of Durham Firefighters Supplemental Retirement Syste.

What is the revenue of Durham Firefighters Supplemental Retirement Syste?

Durham Firefighters Supplemental Retirement Syste's revenue in 2023 was $254,386.

Who are the executives of Durham Firefighters Supplemental Retirement Syste and what are their salaries?

The average compensation at Durham Firefighters Supplemental Retirement Syste during 2023 was $4,548. There is 1 employee and 4 volunteers at Durham Firefighters Supplemental Retirement Syste.


Here are 5 key members and their salaries:


William Towner (Treasurer)
  • Compensation: $4,548
  • Related: $0
  • Other: $0
Alicia Grant (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Klein (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Odell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Woody Vann (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Durham Firefighters Supplemental Retirement Syste?

Durham Firefighters Supplemental Retirement Syste's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Durham Firefighters Supplemental Retirement Syste

The Durham Firefighters Supplemental Retirement System is an organization dedicated to providing supplemental pension payments. This nonprofit entity supports around 185 retired firefighters by offering them additional financial assistance. By providing these supplemental payments, the Durham Firefighters Supplemental Retirement System aims to enhance the financial well-being of these retired firefighters. The system serves as a safety net, ensuring that retired firefighters maintain a stable income during their post-retirement years.

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Impact




October, 2024

The Durham Firefighters Supplemental Retirement System significantly impacts the lives of approximately 185 retired firefighters by providing supplemental pension payments. This financial support enhances the retirement income of these individuals, helping them to maintain a stable standard of living after their service. By supplementing their pensions, the system acknowledges the sacrifices made by firefighters during their careers and offers a safety net that can alleviate financial stress in retirement. This, in turn, contributes to the overall well-being and quality of life for these retirees, allowing them to focus on their health and personal interests during their later years.




This information is meant to be a general summary of Durham Firefighters Supplemental Retirement Syste. 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
$254,386 (2023)
Expenses
$246,439 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $13
  • Gross Receipts: $254,386

Assets and Liabilities:

  • Total Assets: $395,733
  • Total Liabilities: $2,035
  • Net Assets: $393,698

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Organization Details

Founding Year

2003

Principal Officer

William Towner

Main Address

609 SNOW HILL RD, DURHAM, NC, 27712

NTEE Category

Code: Y20Z - Mutual benefit

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