Palm Beach County Firefighters Retirement Insurance Fund

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

EIN: 650739528 ✦ West palm beach, FL ✦ Designated as a 501(c)(9)

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Overview

What is Palm Beach County Firefighters Retirement Insurance Fund?

The Palm Beach County Firefighters Retirement Insurance Fund is a nonprofit organization located at 7240 7TH PLACE NORTH, WEST PALM BEACH, FL 33413. Its primary mission is to offer insurance, medical cost reimbursements, and various related benefits to retired firefighters hailing from Palm Beach County, Florida (their employer). This fund is dedicated to supporting and ensuring the well-being of these retired firefighters in their post-service life. The organization is managed by a small team of one individual.

Is Palm Beach County Firefighters Retirement Insurance Fund legitimate?

Palm Beach County Firefighters Retirement Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Palm Beach County Firefighters Retirement Insurance 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: $13,058
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Palm Beach County Firefighters Retirement Insurance Fund?

The Palm Beach County Firefighters Retirement Insurance Fund's mission is centered around providing insurance and medical cost reimbursements, along with other related benefits, to retired firefighters who served in Palm Beach County, Florida. This organization is committed to supporting these individuals post-retirement, ensuring they continue to receive the necessary coverage and financial assistance they deserve. The fund's activities are primarily focused on addressing the unique needs and requirements of these retired firefighters, further emphasizing its dedication to their well-being.

Who is the CEO of Palm Beach County Firefighters Retirement Insurance Fund?

Michael Bergeron is the Adm. Manager of Palm Beach County Firefighters Retirement Insurance Fund.

What is the revenue of Palm Beach County Firefighters Retirement Insurance Fund?

Palm Beach County Firefighters Retirement Insurance Fund's revenue in 2022 was $8,462,836.

Who are the executives of Palm Beach County Firefighters Retirement Insurance Fund and what are their salaries?

The average compensation at Palm Beach County Firefighters Retirement Insurance Fund during 2022 was $13,058. There is 1 employee at Palm Beach County Firefighters Retirement Insurance Fund.


Here are 8 key members and their salaries:


Michael Bergeron (Adm. Manager)
  • Compensation: $13,058
  • Related: $0
  • Other: $0
Rick Rhodes (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Horowitz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Flaherty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Berry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Gerlach (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Baselice (Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Toohey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Palm Beach County Firefighters Retirement Insurance Fund?

Palm Beach County Firefighters Retirement Insurance Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Palm Beach County Firefighters Retirement Insurance Fund

The Palm Beach County Firefighters Retirement Insurance Fund, as a nonprofit organization, is dedicated to providing insurance coverage, medical cost reimbursements, and various related benefits to retired firefighters hailing from Palm Beach County, Florida. Its mission is to ensure the financial and healthcare security of these retired individuals, who have served their duty as firefighters for the county's employer. The fund aims to support these retired firefighters in their post-service lives, offering them peace of mind and assistance in managing their health and financial needs.

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Impact




October, 2024

The Palm Beach County Firefighters Retirement Insurance Fund plays a crucial role in supporting the well-being of retired firefighters from Palm Beach County, Florida. By offering insurance and medical cost reimbursements, it provides financial relief and peace of mind to those who have dedicated their lives to serving the community.

This fund ensures that retired firefighters have access to essential health care benefits, helping them cover medical expenses that may arise after their years of service. It directly impacts the quality of life for these individuals by alleviating the financial burdens that often come with age-related health issues or injury-related care.

Moreover, in fostering a safety net for retired firefighters, the fund helps maintain the morale and financial stability of those who have spent their careers safeguarding the community. By fulfilling its mission, it reinforces the commitment to support first responders even after their active service has concluded, thereby honoring their dedication and contributions to public safety.




This information is meant to be a general summary of Palm Beach County Firefighters Retirement Insurance 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
$8,462,836 (2022)
Expenses
$5,852,993 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,736,072
  • Program Service Revenue: $6,726,704
  • Gross Receipts: $10,205,234

Assets and Liabilities:

  • Total Assets: $94,209,667
  • Total Liabilities: $7,326,334
  • Net Assets: $86,883,333

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Programs

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

CONTRIBUTIONS

Revenue

$6,726,704

Organization Details

Founding Year

1996

Principal Officer

Michael Bergeron

Main Address

7240 7TH PLACE NORTH, WEST PALM BEACH, FL, 33413

NTEE Category

Code: Y40 - Mutual benefit

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