Nonprofit · EIN 65-1024804
CITY OF MARGATE EMPLOYEES BENEFIT TR FUND
Tax-exempt · MARGATE, FL 33063
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $222,605 | $447,869 | -$225,264 | $6,580,162 | $669 | $6,579,493 |
| May 31, 2024 | 990 | $708,780 | $412,274 | $296,506 | $6,313,679 | $2,439 | $6,311,240 |
| May 31, 2023 | 990 | $145,348 | $398,058 | -$252,710 | $5,297,513 | $5,617 | $5,291,896 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $73,982
- Investment income
- $144,896
- Net gain from sales of assets
- $26,272
- Other revenue
- $3,727
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $329,733
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $5,339
- Accounting fees
- $15,365
Balance sheet and other
- Total assets, start of year
- $6,313,679
- Total assets, end of year
- $6,580,162
- Total liabilities, end of year
- $669
- Net assets, end of year
- $6,579,493
- Publicly traded securities
- $6,235,968
- Gross receipts
- $309,926
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2002
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACQUELINE CHIN-KIDD | CHAIRPERSON Trustee or director | 0 | $0 |
| MICHAEL JONES | VICE CHAIRPERSON Trustee or director | 0 | $0 |
| RONALD GANGOO | SECRETARY Trustee or director | 0 | $0 |
| JOANNE SIMONE | TRUSTEE Trustee or director | 0 | $0 |
| PAUL FRANKENHAUSER | TRUSTEE Trustee or director | 0 | $0 |
| ALBERTO ARANGO | TRUSTEE Trustee or director | 0 | $0 |
| LORI HOFER | TRUSTEE Trustee or director | 0 | $0 |
990 for the year ended May 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACQUELINE CHIN-KIDD | CHAIRPERSON Trustee or director | – | $0 |
| MICHAEL JONES | VICE CHAIRPE Trustee or director | – | $0 |
| JOANNE SIMONE | TRUSTEE Trustee or director | – | $0 |
| PAUL FRANKENHAUSER | TRUSTEE Trustee or director | – | $0 |
| RONALD GANGOO | TRUSTEE Trustee or director | – | $0 |
| ALBERTO ARANGO | TRUSTEE Trustee or director | – | $0 |
| LORI HOFER | TRUSTEE Trustee or director | – | $0 |
990 for the year ended May 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACQUELINE CHIN-KIDD | CHAIRPERSON Trustee or director | – | $0 |
| PAUL FRANKENHAUSER | TRUSTEE Trustee or director | – | $0 |
| RONALD GANGOO | TRUSTEE Trustee or director | – | $0 |
| MICHAEL JONES | TRUSTEE Trustee or director | – | $0 |
| LORI MARRERO | TRUSTEE Trustee or director | – | $0 |
| TODD SHERMAN | TRUSTEE Trustee or director | – | $0 |
| JOANNE SIMONE | TRUSTEE Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 5790 MARGATE BLVD, MARGATE, FL 33063-3614
- In care of
- % ARTHUR BROSS CHAIRMAN
- Principal officer (990 for 2024)
- JACQUELINE CHIN-KIDD, 5790 MARGATE BLVD, MARGATE, FL 33063
- Signed the 990
- JACQUELINE CHIN-KIDD, CHAIRPERSON
- Phone
- (954) 972-6458
- Return prepared by
- KSDT ADVISORS LLC
Mission
THE FUND REIMBURSES RETIREES OF THE CITY OF MARGATE FOR ALL OR PART OF THEIR HEALTH INSURANCE PREMIUMS.
Program accomplishments
- THE FUND REIMBURSES RETIREES OF THE CITY OF MARGATE FOR ALL OR PART OF THEIR HEALTH INSURANCE PREMIUMS.
- ACTUARY EXPENSE FOR INVESTMENTS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 65-1024804
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $6,580,162
- Income (IRS master file)
- $309,926
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $222,605 | $447,869 | $6,580,162 | XML |
| 990 | May 2024 | $708,780 | $412,274 | $6,313,679 | IRS |
| 990 | May 2023 | $145,348 | $398,058 | $5,297,513 | XML |
| 990 | May 2022 | $455,589 | $427,952 | $5,637,931 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 65-1024804).
Questions about CITY OF MARGATE EMPLOYEES BENEFIT TR FUND
- What is the EIN of CITY OF MARGATE EMPLOYEES BENEFIT TR FUND?
- The employer identification number (EIN) of CITY OF MARGATE EMPLOYEES BENEFIT TR FUND is 65-1024804.
- Is CITY OF MARGATE EMPLOYEES BENEFIT TR FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2002.
- Are donations to CITY OF MARGATE EMPLOYEES BENEFIT TR FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CITY OF MARGATE EMPLOYEES BENEFIT TR FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CITY OF MARGATE EMPLOYEES BENEFIT TR FUND due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CITY OF MARGATE EMPLOYEES BENEFIT TR FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of CITY OF MARGATE EMPLOYEES BENEFIT TR FUND?
- The 990 for the year ended May 31, 2025 names JACQUELINE CHIN-KIDD.
- Who are the officers and directors of CITY OF MARGATE EMPLOYEES BENEFIT TR FUND?
- The 990 for the year ended May 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does CITY OF MARGATE EMPLOYEES BENEFIT TR FUND have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $222,605, expenses of $447,869 and total assets of $6,580,162 at year end.
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- STATE CHARTERED CREDIT UNIONS IN FLORIDA EIN 59-0709646 · last filed 990 for 2024
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- RIVERSIDE SCIENCE INC EIN 26-1453559 · last filed 990 for 2025
- FELLOWSHIP RECOVERY COMMUNITY ORGANIZATION INC EIN 03-0566838 · last filed 990 for 2024
- DENOVO INC EIN 61-1757919 · last filed 990 for 2025
- CATS EXCLUSIVE INC EIN 59-2212954 · last filed 990 for 2025
- HAITI CHRISTIAN DEVELOPMENT FUND EIN 64-0650807 · last filed 990 for 2025
All nonprofits in MARGATE · Florida · Mutual and membership benefit