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← BRICKLAYERS AND ALLIED CRAFTWORKERS LOCAL 13 HEALTH BENEFITS FUND

Form 990 for tax year 2023

Filed by BRICKLAYERS AND ALLIED CRAFTWORKERS LOCAL 13 HEALTH BENEFITS FUND.

Totals

Total revenue
$11,006,764
Total expenses
$7,805,398
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$9,914,920
Investment income
$585,374
Other revenue
$506,470
Total assets, end of year
$21,533,547
Total liabilities, end of year
$19,843,641
Net assets or fund balances, end of year
$1,689,906
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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 $10,027,036 · related or exempt $10,027,036

  • 2b · Program service revenue: RECIPROCITY INCOMING

    total $388,741 · related or exempt $388,741

  • 2c · Program service revenue: TWIN CITY SETTLEMENT

    total $64,033 · related or exempt $64,033

  • 2d · Program service revenue: RETIREE CONTRIBUTIONS

    total $32,002 · related or exempt $32,002

  • 2e · Program service revenue: PEGASUS MARBLE SETTLEMENT

    total $23,270 · related or exempt $23,270

  • 2f · All other program service revenue

    total -$620,162 · related or exempt -$620,162

  • 3 · Investment income

    total $585,374 · related or exempt $585,374

  • 11a · Other revenue: STOP LOSS REIMBURSEMENT

    total $355,590 · related or exempt $355,590

  • 11b · Other revenue: SAV-RX REBATE

    total $137,623 · related or exempt $137,623

  • 11c · Other revenue: LIQUIDATED DAMAGES

    total $8,792 · related or exempt $8,792

  • 11d · All other revenue

    total $4,465 · related or exempt $4,465

  • 11e · Other revenue, total

    $506,470

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $6,919,341

  • 11a · Fees: management

    total $443,944

  • 11b · Fees: legal

    total $74,198

  • 11c · Fees: accounting

    total $17,717

  • 11f · Fees: investment management

    total $28,014

  • 11g · Fees: other

    total $189,741

  • 13 · Office expenses

    total $80,212

  • 19 · Conferences, conventions and meetings

    total $17,950

  • 23 · Insurance

    total $27,735

  • 24a · Other expenses: MISC EXPENSE

    total $4,080

  • 24b · Other expenses: PCORI FEES - EXCISE TAX

    total $2,466

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year -$1,262,873 · end of year -$158,911

  • 2 · Savings and temporary cash investments

    beginning of year $4,382,854 · end of year $5,343,827

  • 4 · Accounts receivable

    beginning of year $1,008,548 · end of year $894,037

  • 11 · Investments: publicly traded securities

    beginning of year $12,238,594 · end of year $15,454,594

  • 17 · Accounts payable and accrued expenses

    beginning of year $989,208 · end of year $837,839

  • 25 · Other liabilities

    beginning of year $18,443,900 · end of year $19,005,802

  • 27 · Net assets without donor restrictions

    beginning of year -$3,065,985 · end of year $1,689,906

Mission and programs · 2023

Mission

HEALTH BENEFITS FUND

  • FUND PROVIDES MEDICAL, DENTAL, VISION, AND CERTAIN DISABILITY AND TERM LIFE INSURANCE MONTHLY FOR THE PARTICIPANTS AND THEIR DEPENDENTS.

As filed on the 2023 return.

Listed in Part VII

  • Richard Crawford

    CO-CHAIRMAN

    Total calculated
    $0
  • Jacob Gonzalez

    TRUSTEE

    Total calculated
    $0
  • Matt Hansen

    CO-CHAIRMAN

    Total calculated
    $0
  • Anthony Ivester

    TRUSTEE

    Total calculated
    $0
  • Tom McDonald

    TRUSTEE

    Total calculated
    $0
  • Gilbert Normandeau

    TRUSTEE

    Total calculated
    $0
  • Eduardo Zavella

    TRUSTEE

    Total calculated
    $0

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
13 March 2025
IRS schema version
2023v6.0
Source object
202540849349300424

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