Form 990 for tax year 2024
Filed by PLUMBERS AND PIPEFITTERS L U 572 HEALTH AND WELFARE FUND.
Totals
- Total revenue
- $20,466,109
- Total expenses
- $16,283,670
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $19,529,001
- Investment income
- $937,108
- Other revenue
- $0
- Total assets, end of year
- $34,378,262
- Total liabilities, end of year
- $2,347,709
- Net assets or fund balances, end of year
- $32,030,553
- Program services expenses (Part IX)
- $16,283,670
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $16,283,670
Program services were 100.0% 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 $18,325,814
-
2b · Program service revenue: Participant Contributions
total $1,203,187
-
3 · Investment income
total $937,108
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $15,802,635 · program services $15,802,635
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $9,461 · program services $9,461
-
11a · Fees: management
total $344,000 · program services $344,000
-
11b · Fees: legal
total $14,714 · program services $14,714
-
11c · Fees: accounting
total $22,609 · program services $22,609
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $26,062 · program services $26,062
-
11g · Fees: other
total $20,600 · program services $20,600
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $15,794 · program services $15,794
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $3,751 · program services $3,751
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $10,988 · program services $10,988
-
24a · Other expenses: Bank Charges
total $10,732 · program services $10,732
-
24e · All other expenses
total $2,324 · program services $2,324
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $91,716 · end of year $1,096,455
-
2 · Savings and temporary cash investments
beginning of year $1,350,661 · end of year $233,336
-
4 · Accounts receivable
beginning of year $2,176,815 · end of year $3,172,758
-
9 · Prepaid expenses and deferred charges
beginning of year $103,007 · end of year $113,432
-
11 · Investments: publicly traded securities
beginning of year $25,271,442 · end of year $29,762,281
-
17 · Accounts payable and accrued expenses
beginning of year $411,671 · end of year $694,709
-
25 · Other liabilities
beginning of year $1,476,000 · end of year $1,653,000
-
27 · Net assets without donor restrictions
beginning of year $27,105,970 · end of year $32,030,553
Mission and programs · 2024
Mission
To provide health and welfare benefits to elegible participants.
-
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS
Expenses $16,283,670
As filed on the 2024 return.
Listed in Part VII
-
Eric H CoonsERIC H COONS
TRUSTEE/SECRETARY
- Total calculated
- $0
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
William Johnson JrWILLIAM JOHNSON JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Darrell T StewartDARRELL T STEWART
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Scott CarterSCOTT CARTER
TRUSTEE/ CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Trent MitchellTRENT MITCHELL
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
None.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
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.
-
Plumbers and Pipefitters Local Union No 572 Pension Fund
501a · Provides benefits to eligible participants · TN
-
Plumbers Pipefitters & HVAC Technicians LU No 572 Annuity Fund
501a · Provides benefits to eligible participants · TN
-
Plumbers and Pipefitters Local Union No 572
501 c 5 · To support membership · TN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 27 January 2026
- IRS schema version
- 2024v5.2
- Source object
- 202600279349301650
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