G4s Secure Solutions Usa Group Insurance Program For Empl & Deps
- Assets
- $38.0m
- Revenue
- $84.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Jupiter, FL
- Founding
- 06/1988
- Data as of
- 10/2020
- EIN
- 59-2378301
Organization Overview
G4s Secure Solutions Usa Group Insurance Program For Empl & Deps is located in Jupiter, FL. The organization was established in 1988. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. G4s Secure Solutions USA Group Insurance Program For Empl & Deps is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 10/2020, G4s Secure Solutions USA Group Insurance Program For Empl & Deps generated $84.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $83.1m during the year ending 10/2020. While expenses have increased by 4.9% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT, DISABILITY, DENTAL AND MEDICAL BENEFITS FOR EMPLOYEES OF THE COMPANY AND CERTAIN SUBSIDIARIES AND THEIR DEPENDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Mccormick Veba Comm Mbr | Trustee | 0 | $0 |
Drew Levine Veba Comm Mbr | Trustee | 0 | $0 |
Geoff Gerks Veba Comm Mbr | Trustee | 0 | $0 |
Gene Kuyrkendall Veba Comm Mbr | Trustee | 0 | $0 |
Daniel Grizzard Veba Comm Mbr | Trustee | 0 | $0 |
Lee Achord Veba Comm Mbr | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $182,330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $84,318,194 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,226,167 |
| All other expenses | $0 |
| Total functional expenses | $83,127,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,830,655 |
| Savings and temporary cash investments | $18,400,154 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $767,042 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,050,000 |
| Total assets | $38,047,851 |
| Accounts payable and accrued expenses | $7,026,034 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,026,034 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $31,021,817 |
| Total liabilities and net assets/fund balances | $31,021,817 |
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