Skip to content
Nonprofiteer
← TRUCK DRIVERS AND HELPERS UNION NO 355 HEALTH AND WELFARE FUND

Form 990 for tax year 2023

Filed by TRUCK DRIVERS AND HELPERS UNION NO 355 HEALTH AND WELFARE FUND.

Totals

Total revenue
$46,783,380
Total expenses
$31,021,899
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$39,208,666
Investment income
$7,496,314
Other revenue
$78,400
Total assets, end of year
$113,898,015
Total liabilities, end of year
$4,944,535
Net assets or fund balances, end of year
$108,953,480
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$31,021,899

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 $38,155,694 · related or exempt $38,155,694

  • 2b · Program service revenue: PARTICIPANT CONTRIBUTIONS

    total $1,052,972 · related or exempt $1,052,972

  • 3 · Investment income

    total $7,496,314 · excluded $7,496,314

  • 11a · Other revenue: SUBSIDIES

    total $172,173 · excluded $172,173

  • 11b · Other revenue: MISCELLANEOUS

    total $16,452 · excluded $16,452

  • 11c · Other revenue: INVESTMENT MANAGEMENT FEES

    total -$110,225 · excluded -$110,225

  • 11e · Other revenue, total

    $78,400

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $28,707,622

  • 11b · Fees: legal

    total $23,300

  • 11c · Fees: accounting

    total $42,420

  • 13 · Office expenses

    total $2,238

  • 23 · Insurance

    total $8,707

  • 24a · Other expenses: ADMIN FEE - CLAIMS

    total $1,476,362

  • 24b · Other expenses: ADMIN FEE - PLAN ADMINIST

    total $613,364

  • 24c · Other expenses: POSTAGE

    total $65,259

  • 24d · Other expenses: BANK CHARGES

    total $36,107

  • 24e · All other expenses

    total $46,520

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,062,590 · end of year $12,360,184

  • 4 · Accounts receivable

    beginning of year $4,517,702 · end of year $4,386,962

  • 11 · Investments: publicly traded securities

    beginning of year $83,703,126 · end of year $96,929,469

  • 15 · Other assets

    beginning of year $221,400 · end of year $221,400

  • 17 · Accounts payable and accrued expenses

    beginning of year $45,567 · end of year $103,893

  • 25 · Other liabilities

    beginning of year $4,267,252 · end of year $4,840,642

  • 31 · Retained earnings, endowment or other funds

    beginning of year $93,191,999 · end of year $108,953,480

Mission and programs · 2023

Mission

THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH, SUPPLEMENTAL INCOME AND DEATH BENEFITS FOR UNION MEMBERS, THEIR DEPENDENTS, AND BENEFICIARIES.

  • THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH, SUPPLEMENTAL INCOME AND DEATH BENEFITS FOR UNION MEMBERS, THEIR DEPENDENTS, AND BENEFICIARIES.

    Expenses $31,021,899

As filed on the 2023 return.

Listed in Part VII

  • Brian Gallizzo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10

  • Mark Garey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10

  • Brian Grimm

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10

  • David White

    TRUSTEE

    Total calculated
    $0
    Hours/week
    10

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.

Provenance

Return type
form_990
Tax year
2023
Filed
14 October 2024
IRS schema version
2023v5.0
Source object
202402899349301215

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.