2026-04-15T09:13:59-05:00 2025-05-31 393071042 KSDT ADVISORS LLC 9300 S DADELAND BLVD STE 600 MIAMI FL 331562721 990 2024-06-01 651024804 CITY OF MARGATE EMPLOYEES BENEFIT TRUST CITY 9549726458 5790 MARGATE BLVD MARGATE FL 33063 JACQUELINE CHIN-KIDD CHAIRPERSON 9549726458 2026-04-15 1 1 STACI F GRALNICK-PARRISH CPA P00173189 3056703370 2026-04-14 2024 2025-03-06 01:10:19Z JACQUELINE CHIN-KIDD 5790 MARGATE BLVD MARGATE FL 33063 309926 0 X N/A X 2002 FL THE FUND REIMBURSES RETIREES OF THE CITY OF MARGATE FOR ALL OR PART OF THEIR HEALTH INSURANCE PREMIUMS. 7 7 0 0 0 0 0 0 236402 73982 467978 144896 4400 3727 708780 222605 0 0 324716 329733 0 0 0 0 0 87558 118136 412274 447869 296506 -225264 6313679 6580162 2439 669 6311240 6579493 X THE FUND REIMBURSES RETIREES OF THE CITY OF MARGATE FOR ALL OR PART OF THEIR HEALTH INSURANCE PREMIUMS. 0 0 THE FUND REIMBURSES RETIREES OF THE CITY OF MARGATE FOR ALL OR PART OF THEIR HEALTH INSURANCE PREMIUMS. ACTUARY EXPENSE FOR INVESTMENTS. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 X JACQUELINE CHIN-KIDD 9549726454 5790 MARGATE BLVD MARGATE FL 33063 X JACQUELINE CHIN-KIDD CHAIRPERSON 0.00 X 0 0 0 MICHAEL JONES VICE CHAIRPERSON 0.00 X 0 0 0 RONALD GANGOO SECRETARY 0.00 X 0 0 0 JOANNE SIMONE TRUSTEE 0.00 X 0 0 0 PAUL FRANKENHAUSER TRUSTEE 0.00 X 0 0 0 ALBERTO ARANGO TRUSTEE 0.00 X 0 0 0 LORI HOFER TRUSTEE 0.00 X 0 0 0 0 0 0 0 0 0 0 0 CITY CONTRIBUTIONS 900099 73982 73982 73982 118624 118624 113593 87321 26272 26272 26272 OTHER INCOME 900099 3727 3727 3727 222605 103981 0 118624 329733 9806 5339 15365 64964 ACTUARY FEES 19285 TAXES 3377 447869 213194 126244 5900338 6235968 200147 217950 6313679 6580162 2439 669 2439 669 X 0 0 0 0 6311240 6579493 6311240 6579493 6313679 6580162 -225264 493517 0 X X 0 1 X 1 0 0 X 651159 493518 493518 157641 64964 64964 222605 382905 0 382905 64964 64964 447869 PART X, LINE 2: THE PLAN IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) 501(C)(9) AND, THEREFORE, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE. IN ADDITION, THE PLAN IS REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS. THE TRUSTEES BELIEVE THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVE THAT THE PLAN IS TAX-EXEMPT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT BELIEVES NO SUCH POSITIONS HAVE BEEN TAKEN. THE PLAN MAY BE SUBJECT TO ROUTINE EXAMINATIONS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO EXAMINATIONS FOR ANY TAX PERIODS IN PROGRESS. THE BOARD OF TRUSTEES BELIEVES THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION FOR THE YEARS ENDING PRIOR TO MAY 31, 2021. FORM 990, PART VI, SECTION B, LINE 11B A REPRESENTATIVE OF THE TRUSTEES RECEIVES A COPY OF THE FORM 990 AND REVIEWS IT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AS A MUNICIPAL ENTITY, THE TRUST IS SUBJECT TO FLORIDA LAW WITH REGARDS TOALL PARTS OF ITS OPERATION, INCLUDING CONFLICTS OF INTEREST. THEORGANIZATION HAS AN ATTORNEY ON RETAINER THAT MONITORS THE ACTIVITIES OFTHE FUND AND ADVISES THE TRUSTEES ON ALL SUCH MATTERS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEAR.