Woodbridge Police Department Mutual Death And Severance Veba Inc

Organization Overview

Woodbridge Police Department Mutual Death And Severance Veba Inc is located in Woodbridge, NJ. The organization was established in 1995. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodbridge Police Department Mutual Death And Severance Veba Inc is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Woodbridge Police Department Mutual Death And Severance Veba Inc generated $141.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $85.1k during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SEVERANCE, DISABILITY, AND DEATH BENEFITS TO MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED SEVERANCE, DISABILITY, AND DEATH BENEFITS TO MEMBERS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$56,250
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$56,250
Total Program Service Revenue$0
Investment income $62,004
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $23,633
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $141,887

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