Civic Intelligence

Dade County Fire Fighters Insurance Trust Fund

990 • Fiscal year 2022 • EIN 59-2185490

May 01, 2021 to Apr 30, 2022 • Filed on Mar 15, 2023

8000 NW 21st Street 222Miami, FL 33122

(305) 593-6100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.50x

Higher debt load relative to assets than 87% of similar nonprofits.

2022 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

96th percentile

1.15x

Higher debt load relative to revenue than 96% of similar nonprofits.

2022 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2022

Net Margin

60th percentile

6.7%

Higher net margin than 60% of similar nonprofits.

2022 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

51st percentile

$46,667

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2022 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2022

Asset Growth

61st percentile

-2.9%

Faster asset growth than 61% of similar nonprofits.

2022 filings • 501(c)9 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

14th percentile

-27%

Faster revenue growth than 14% of similar nonprofits.

2022 filings • 501(c)9 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Assets

Down

$135,428,575

Down $4,079,403 (-2.9%) from 2021

Net Assets

Down

$67,081,674

Down $9,523,982 (-12%) from 2021

Liabilities

Up

$68,346,901

Up $5,444,579 (+8.7%) from 2021

Revenue

Down

$59,437,415

Down $22,540,428 (-27%) from 2021

Expenses

Up

$55,454,385

Up $16,633,207 (+43%) from 2021

Net Income

Down

$3,983,030

Down $39,173,635 (-91%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2010: $54,815,344Liabilities 2010: $44,823,670Net Assets 2010: $9,991,6742010Assets 2011: $66,644,838Liabilities 2011: $46,141,773Net Assets 2011: $20,503,0652011Assets 2012: $70,423,295Liabilities 2012: $51,768,799Net Assets 2012: $18,654,4962012Assets 2013: $77,630,426Liabilities 2013: $49,611,840Net Assets 2013: $28,018,5862013Assets 2014: $81,897,452Liabilities 2014: $53,207,727Net Assets 2014: $28,689,7252014Assets 2015: $396,590Liabilities 2015: $1,701Net Assets 2015: $394,8892015Assets 2016: $78,260,415Liabilities 2016: $56,376,548Net Assets 2016: $21,883,8672016Assets 2017: $82,365,101Liabilities 2017: $57,166,041Net Assets 2017: $25,199,0602017Assets 2018: $89,901,319Liabilities 2018: $58,403,649Net Assets 2018: $31,497,6702018Assets 2019: $96,663,784Liabilities 2019: $59,671,247Net Assets 2019: $36,992,5372019Assets 2020: $99,690,946Liabilities 2020: $62,318,707Net Assets 2020: $37,372,2392020Assets 2021: $139,507,978Liabilities 2021: $62,902,322Net Assets 2021: $76,605,6562021Assets 2022: $135,428,575Liabilities 2022: $68,346,901Net Assets 2022: $67,081,6742022Assets 2023: $134,004,928Liabilities 2023: $70,070,104Net Assets 2023: $63,934,8242023Assets 2024: $145,136,917Liabilities 2024: $71,629,467Net Assets 2024: $73,507,4502024Assets 2025: $158,145,907Liabilities 2025: $73,675,871Net Assets 2025: $84,470,0362025

Highlighted filing

2022

Assets$135,428,575
Liabilities$68,346,901
Net Assets$67,081,674

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2010: $27,880,8462010Expenses 2011: $34,467,2592011Expenses 2012: $36,164,8612012Revenue 2013: $36,411,448Expenses 2013: $30,812,311Net Income 2013: $5,599,1372013Revenue 2014: $37,449,282Expenses 2014: $40,901,784Net Income 2014: -$3,452,5022014Revenue 2015: $268,589Expenses 2015: $280,211Net Income 2015: -$11,6222015Revenue 2016: $34,815,336Expenses 2016: $39,300,338Net Income 2016: -$4,485,0022016Revenue 2017: $38,392,487Expenses 2017: $39,992,612Net Income 2017: -$1,600,1252017Revenue 2018: $45,671,712Expenses 2018: $41,566,732Net Income 2018: $4,104,9802018Revenue 2019: $47,321,683Expenses 2019: $44,131,050Net Income 2019: $3,190,6332019Revenue 2020: $50,310,312Expenses 2020: $44,970,611Net Income 2020: $5,339,7012020Revenue 2021: $81,977,843Expenses 2021: $38,821,178Net Income 2021: $43,156,6652021Revenue 2022: $59,437,415Expenses 2022: $55,454,385Net Income 2022: $3,983,0302022Revenue 2023: $58,476,538Expenses 2023: $55,178,267Net Income 2023: $3,298,2712023Revenue 2024: $57,728,917Expenses 2024: $56,748,665Net Income 2024: $980,2522024Revenue 2025: $62,120,371Expenses 2025: $56,930,205Net Income 2025: $5,190,1662025

Highlighted filing

2022

Revenue$59,437,415
Expenses$55,454,385
Net Income$3,983,030
Jump To
Filing Snapshot
Filing Period
May 1, 2021 to Apr 30, 2022
Signed
Mar 15, 2023
Return Version
2021v4.0
Gross Receipts
$59,437,415
Mission and Program Overview

Mission

To provide health, life, vision and dental benefits to fire fighters employed by miami-dade county.

SEE BELOW

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$114,166,639$114,635,990▲ $469,351
Rtn Earn Endowment Incm Other Fnds$76,605,656$67,081,674▼ $9,523,982
Cash and Non-Interest-Bearing Accounts$20,653,687$16,908,797▼ $3,744,890
Accounts Receivable$2,855,381$2,968,477▲ $113,096
Savings and Temporary Cash Investments$1,473,204$586,297▼ $886,907
Other Notes and Loans Receivable, Net$359,067$329,014▼ $30,053
Total Assets$139,507,978$135,428,575▼ $4,079,403
Liabilities
Other Liabilities$62,902,322$68,346,901▲ $5,444,579
Total Liabilities$62,902,322$68,346,901▲ $5,444,579
Net Assets / Fund Balance
Total Net Assets Fund Balance$76,605,656$67,081,674▼ $9,523,982
Total Liabilities and Net Assets / Fund Balance$139,507,978$135,428,575▼ $4,079,403
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dale SuttonAdministratiFT$46,667$46,667

Board Members and Trustees

NameTitle
Robert RojasChairman
Chris KramerTrustee
Matt LivingstoneTrustee
Tim PorterTrustee
Tim SwickTrustee
William McallisterTrustee
Gabe NemethSecretary
Brian LynchTreasure
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$52,710,804
Investment Income
$6,725,797
Other Revenue
$814
Change in Net Assets
$3,983,030

Audited Revenue Reconciliation

Revenue per Audited Statements
$59,437,415
Total Revenue per Audited Statements
$59,437,415
Total Revenue per Form 990
$59,437,415
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,462,140
Salaries, Compensation, and Employee Benefits$289,960
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$51,702,285--$51,702,285
Fees for Service Investment Mgmnt Fees$337,185--$337,185
Other Salaries and Wages$198,681--$198,681
Fees for Services Legal$50,000--$50,000
Current Officers, Directors, Trustees, and Key Employees$46,667--$46,667
Occupancy$25,680--$25,680
Insurance$23,576--$23,576
Payroll Taxes$22,699--$22,699
Other Employee Benefits$21,913--$21,913
Fees for Services Accounting$13,315--$13,315
Office Expenses$9,696--$9,696
All Other Expenses$9,689--$9,689
Conferences and Meetings$7,708--$7,708
Other Expenses$6,164--$6,164
Total Functional Expenses$55,454,385$0$0$55,454,385

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$55,454,385
Total Expenses per Audited Statements$55,454,385
Total Expenses per Form 990$55,454,385
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Benefits Payable$68,314,846
Due to Broker$29,201
Health Claim Payable$2,854
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Trustees review the 990 before it is submitted

Form 990, Page 6, Part VI, Line 19

990 is available upon request

Filing and Contact Details

Filer

Filer Name
Dade County Fire Fighters
EIN
59-2185490
Phone
3055936100
Address
8000 NW 21ST STREET 222, MIAMI, FL 33122

Signing Officer

Name
Robert Rojas
Title
Chairman
Phone
3055936100
Signed
2023-03-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Rojas
Formed
1982
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
4

Preparer

Firm
Ksdt & Co LLC
Address
9300 S DADELAND BLVD STE 600, MIAMI, FL 33156-2721
Preparer
Staci F Gralnick-parrish CPA
Phone
3056703370
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Claims and administrative expenses incurred to provide health, life, vision and dental benefits to fire fighters employed by miami-dade county.

Form 990, Part XI, Line 9

Retiree contributions 0 retiree contributions 0

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

RETIREE CONTRIBUTIONS 0

Schedule D, Page 4, Part XII, Line 2D

RETIREE CONTRIBUTIONS 0

Raw XML Appendix357 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt076605656
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt067081674
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01473204
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0586297
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt055454385
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt068314846
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt129201
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22854
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BENEFITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO BROKER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2HEALTH CLAIM PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt059437415
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RETIREE CONTRIBUTIONS 0
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RETIREE CONTRIBUTIONS 0
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalExpensesPerForm990Amt055454385
IRS990ScheduleD/TotalLiabilityAmt068346901
IRS990ScheduleD/TotalRevenuePerForm990Amt059437415
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt059437415
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt055454385
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLAIMS AND ADMINISTRATIVE EXPENSES INCURRED TO PROVIDE HEALTH, LIFE, VISION AND DENTAL BENEFITS TO FIRE FIGHTERS EMPLOYED BY MIAMI-DADE COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUSTEES REVIEW THE 990 BEFORE IT IS SUBMITTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2990 IS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RETIREE CONTRIBUTIONS 0 RETIREE CONTRIBUTIONS 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0139507978
IRS990/TotalAssetsEOYAmt0135428575
IRS990/TotalAssetsGrp/BOYAmt0139507978
IRS990/TotalAssetsGrp/EOYAmt0135428575
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt055454385
IRS990/TotalFunctionalExpensesGrp/TotalAmt055454385
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt062902322
IRS990/TotalLiabilitiesEOYAmt068346901
IRS990/TotalLiabilitiesGrp/BOYAmt062902322
IRS990/TotalLiabilitiesGrp/EOYAmt068346901
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt076605656
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt067081674
IRS990/TotalProgramServiceRevenueAmt052710804
IRS990/TotalReportableCompFromOrgAmt046667
IRS990/TotalRevenueGrp/ExclusionAmt03923497
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt055513918
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt059437415
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0139507978
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0135428575
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08000 NW 21ST ST
IRS990/USAddress/CityNm0MIAMI
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033122
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTP://[email protected]
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT ROJAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03055936100
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DADE COUNTY FIRE FIGHTERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INSURANCE TRUST FUND
ReturnHeader/Filer/BusinessNameControlTxt0DADE
ReturnHeader/Filer/EIN0592185490
ReturnHeader/Filer/PhoneNum03055936100
ReturnHeader/Filer/USAddress/AddressLine1Txt08000 NW 21ST STREET 222
ReturnHeader/Filer/USAddress/CityNm0MIAMI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033122
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260547877
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KSDT & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09300 S DADELAND BLVD STE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0331562721
ReturnHeader/PreparerPersonGrp/PhoneNum03056703370
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STACI F GRALNICK-PARRISH CPA
ReturnHeader/ReturnTs02023-03-15T18:25:10-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ROJAS
ReturnHeader/TaxPeriodBeginDt02021-05-01
ReturnHeader/TaxPeriodEndDt02022-04-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$158$73.7$84.5$62.1$56.9$5.19
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$145$71.6$73.5$57.7$56.7$0.98
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$134$70.1$63.9$58.5$55.2$3.30
2022Detailed filing. Detailed filing data is available for this year.$135$68.3$67.1$59.4$55.5$3.98
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$140$62.9$76.6$82.0$38.8$43.2
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$99.7$62.3$37.4$50.3$45.0$5.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$96.7$59.7$37.0$47.3$44.1$3.19
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.9$58.4$31.5$45.7$41.6$4.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$82.4$57.2$25.2$38.4$40.0$1.60
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$78.3$56.4$21.9$34.8$39.3$4.49
2015Summary only. Only limited summary data is available for this year.$0.40$0.00$0.39$0.27$0.28$0.01
2014Detailed filing. Detailed filing data is available for this year.$81.9$53.2$28.7$37.4$40.9$3.45
2013Summary only. Only limited summary data is available for this year.$77.6$49.6$28.0$36.4$30.8$5.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.4$51.8$18.7$36.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.6$46.1$20.5$34.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.8$44.8$9.99$27.9