Public Charity

GMP-EMPLOYERS RETIREE TRUST

GMP-EMPLOYERS RETIREE TRUST is a Public Charity headquartered in FORT MYERS, FL. Financial data from the 2024 filing: $48.3M revenue, $28.8M expenses, $597.6M total assets.

EIN: 236411794 FORT MYERS, FL Latest filing: 2024
Total Revenue$48.3M
Total Expenses$28.8M
Total Assets$597.6M
Grant Records0
Filing Years2020–2024

Mission

THE G.M.P. EMPLOYERS RETIREE TRUST WAS CREATED IN COLLECTIVE BARGAINING NEGOTIATIONS TO PROVIDE POST-RETIREMENT HEALTH CARE COVERAGE TO ELIGIBLE RETIREES AND THEIR SPOUSES. IT ALSO PROVIDES A $2,000 DEATH BENEFIT TO ELIGIBLE RETIREES.

Where $100 goes at Gmp-Employers Retiree Trust

How Gmp-Employers Retiree Trust divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$81 Programs the work itself
$19 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $81 for programs

$81
G.M.P - employers retiree trust was formed to pay medical and death benefits to union retirees and their spouses
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Mr Bennett Sallemi
CHAIRMAN, TRUSTEE Mr Claude Beaudin
TRUSTEE Mr Gary Morgan
TRUSTEE Mr Jaime Navarro
TRUSTEE Mr Thomas Gallagher
EXECUTIVE DIRECTOR Ms Jodi Hopper

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $48.3M $28.8M $597.6M
2023 $43.8M $31.2M $545.7M
2022 $9.8M $30.8M $532.3M
2021 $59.5M $33.2M $580.9M
2020 $35.9M $33.0M $495.7M

Between 2020 and 2024, reported annual revenue grew from $35.9M to $48.3M (+35%), with total assets most recently reported at $597.6M.

Interactive year-over-year charts and full filing details available with membership.

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