Brotherhoods Relief & Compensation Fund

Organization Overview

Brotherhoods Relief & Compensation Fund is located in Mechanicsburg, PA. The organization was established in 1942. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. As of 09/2019, Brotherhoods Relief & Compensation Fund employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 09/2019, Brotherhoods Relief & Compensation Fund generated $27.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $17.1m during the year ending 09/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE MEMBERS WITH "HELD-OUT-OF-SERVICE" BENEFITS AND OTHER RELATED BENEFITS. MEMBERSHIP IN THE U.S. AND CANADA IS LIMITED EXCLUSIVELY TO EMPLOYEES OF RAILROAD TRANSPORTATION COMPANIES ENGAGED SOLELY IN HAZARDOUS OCCUPATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOLLOWING BENEFITS ARE PAID TO OR FOR MEMBERS: "HELD-OUT-OF-SERVICE" BENEFITS "RETIREMENT" BENEFITS "REFERRAL FEES" ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE POLICY SCHOLARSHIPS ARE PROVIDED TO CHILDREN OF MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Jesse E Taylor
Intl Pres
$252,902
John Plesic
Accountant
$237,866
Donald J Despines Jr
Asst Intl Pr
$191,388
Brian J Penfield
Intl Sec/tr
$166,938
Donald Valois
Computer Pro
$111,635
Patrick H Perea
Director
$20,237

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $1,761,209
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$5,841
Net Gain/Loss on Asset Sales $5,162,233
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $27,777,173

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