Totals
- Total revenue
- $128,534,481
- Total expenses
- $86,919,714
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $108,111,125
- Investment income
- $20,423,356
- Other revenue
- $0
- Total assets, end of year
- $479,750,876
- Total liabilities, end of year
- $1,612,642
- Net assets or fund balances, end of year
- $478,138,234
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $86,919,714
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: EMPLOYER CONTRIBUTIONS
total $107,102,880 · related or exempt $107,102,880
-
2b · Program service revenue: EMPLOYEE SELF PAYMENTS
total $1,008,245 · related or exempt $1,008,245
-
3 · Investment income
total $19,936,930 · excluded $19,936,930
-
7a · Gross sales of assets other than inventory
securities $144,773,544
-
7b · Less cost or other basis and sales expenses
securities $144,287,118
-
7c · Gain or loss
securities $486,426
-
7d · Net gain or loss
total $486,426 · excluded $486,426
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $82,702,271
-
11b · Fees: legal
total $173,221
-
11c · Fees: accounting
total $44,037
-
11f · Fees: investment management
total $1,081,667
-
23 · Insurance
total $30,242
-
24a · Other expenses: ADMINISTRATION EXPENSE
total $2,816,220
-
24b · Other expenses: PATIENT-CENTERED OUTCOM
total $41,400
-
24c · Other expenses: INVESTMENT ADVISORY SER
total $30,000
-
24d · Other expenses: MISCELLANEOUS EXPENSE
total $656
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $33,191,787 · end of year $39,750,228
-
4 · Accounts receivable
beginning of year $9,130,077 · end of year $9,835,988
-
9 · Prepaid expenses and deferred charges
beginning of year $7,680 · end of year $10,016
-
11 · Investments: publicly traded securities
beginning of year $287,925,894 · end of year $328,330,416
-
12 · Investments: other securities
beginning of year $93,557,570 · end of year $99,840,583
-
15 · Other assets
beginning of year $2,718,203 · end of year $1,983,645
-
17 · Accounts payable and accrued expenses
beginning of year $950,456 · end of year $1,064,717
-
25 · Other liabilities
beginning of year $276,243 · end of year $547,925
-
29 · Capital stock, trust principal or current funds
beginning of year $348,950,771 · end of year $360,169,726
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $76,353,741 · end of year $117,968,508
Mission and programs · 2023
Mission
THE PROVISION OF GROUP BENEFITS FOR ELIGIBLE EMPLOYEES OF THE EMPLOYERS AND FAMILY MEMBERS OF ELIGIBLE EMPLOYEES NUMBERING APPROXIMATELY 12,537 PARTICIPANTS
Activities or mission (Part I)
PROVIDE GROUP BENEFITS SUCH AS MEDICAL, PRESCRIPTION DRUG, VISION, AND LIFE INSURANCE.
-
PROVIDED GROUP HEALTHCARE BENEFITS FOR APPROXIMATELY 12,537 PARTICIPANTS AND PLAN TO CONTINUE PROVIDING HEALTHCARE BENEFITS FOR OUR ELIGIBLE EMPLOYEES AND THEIR ELIGIBLE FAMILY MEMBERS.
Expenses $86,919,714
As filed on the 2023 return.
Listed in Part VII
-
Philip AmerisPHILIP AMERIS
EMPLOYEE TRUSTEE
- Total calculated
- $0
- Hours/week
- 4
-
James E BoydJAMES E BOYD
EMPLOYEE TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Joseph J Laquatra JrJOSEPH J LAQUATRA JR
EMPLOYEE TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Jeffery R HornerJEFFERY R HORNER
EMPLOYEE TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Robert FurkaROBERT FURKA
EMPLOYEE TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jason MarkovichJASON MARKOVICH
EMPLOYEE TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mark G ToyMARK G TOY
EMPLOYEE TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Paul V ScabilloniPAUL V SCABILLONI
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Jake PloegerJAKE PLOEGER
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
George E MezeyGEORGE E MEZEY
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Paul D MartinPAUL D MARTIN
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Joseph A WattickJOSEPH A WATTICK
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
John C Mascaro JrJOHN C MASCARO JR
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Michael A Facchiano JrMICHAEL A FACCHIANO JR
EMPLOYEE TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
LABORERS' COMBINED FUNDS OF WESTERN PA
C · ADMINISTRATION · PA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433139349302743
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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