Form 990 for tax year 2024
Filed by USW RETIREES OF THE DANA CORPORATION HEALTH CARE TR.
Totals
- Total revenue
- $4,290,456
- Total expenses
- $7,761,937
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- -$12,564
- Investment income
- $3,625,261
- Other revenue
- $677,759
- Total assets, end of year
- $223,836,347
- Total liabilities, end of year
- $207,967
- Net assets or fund balances, end of year
- $223,628,380
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $6,930,945
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: PARTICIPANT CONTRIBUTIONS (REFUND
total -$12,564 · related or exempt -$12,564
-
3 · Investment income
total $5,821,735 · excluded $5,821,735
-
7a · Gross sales of assets other than inventory
securities $41,900,125
-
7b · Less cost or other basis and sales expenses
securities $44,096,599
-
7c · Gain or loss
securities -$2,196,474
-
7d · Net gain or loss
total -$2,196,474 · excluded -$2,196,474
-
11a · Other revenue: RX REBATES, REFUNDS & SETTLEMENTS
total $677,759 · excluded $677,759
-
11e · Other revenue, total
$677,759
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $6,930,945
-
5 · Compensation of officers, directors and key employees
total $164,088
-
11a · Fees: management
total $245,236
-
11b · Fees: legal
total $57,567
-
11c · Fees: accounting
total $50,423
-
11f · Fees: investment management
total $30,194
-
13 · Office expenses
total $15,828
-
17 · Travel
total $26,149
-
19 · Conferences, conventions and meetings
total $3,195
-
23 · Insurance
total $35,502
-
24a · Other expenses: INVESTMENT CONSULTING
total $105,600
-
24b · Other expenses: ACTUARY & CONSULTING
total $89,000
-
24c · Other expenses: BANK FEES
total $7,521
-
24d · Other expenses: PCORI FEE
total $689
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,368,859 · end of year $256,569
-
2 · Savings and temporary cash investments
beginning of year $8,318,977 · end of year $9,796,483
-
9 · Prepaid expenses and deferred charges
beginning of year $16,257 · end of year $19,354
-
11 · Investments: publicly traded securities
beginning of year $161,028,238 · end of year $165,524,190
-
12 · Investments: other securities
beginning of year $48,063,485 · end of year $48,239,751
-
17 · Accounts payable and accrued expenses
beginning of year $237,095 · end of year $207,967
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
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 $218,558,721 · end of year $223,628,380
Mission and programs · 2024
Mission
THE USW RETIREES OF THE DANA CORPORATION HEALTH CARE TRUST IS ESTABLISHED FOR THE PURPOSE OF (I) PROVIDING HEALTH AND OTHER WELFARE BENEFITS TO PARTICIPANTS IN ACCORDANCE WITH THE USW RETIREES OF THE DANA CORPORATION HEALTH CARE PLAN AND AS ARE PERMISSIBLE UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE AS SET FORTH HEREIN; AND (II) TO PROVIDE HEALTH AND WELFARE BENEFITS TO THE RUN-OUT PARTICIPANTS IN ACCORDANCE WITH THE DANA CORPORATION'S ORIGINAL PLAN.
Activities or mission (Part I)
TO PROVIDE HEALTH AND OTHER WELFARE BENEFITS.
-
THE TRUST PROVIDED HEALTH AND OTHER WELFARE BENEFITS THROUGH THE USW RETIREES OF THE DANA CORPORATION PLAN TO PARTICIPANTS AND SURVIVING SPOUSES.
Expenses $6,930,945
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mike MilsapMIKE MILSAP
COMMITTEE MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Charles PiperCHARLES PIPER
COMMITTEE MEMBER
- Total calculated
- $26,254
- From this org
- $26,254
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
James DworkinJAMES DWORKIN
COMMITTEE MEMBER
- Total calculated
- $26,254
- From this org
- $26,254
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Thomas BraunTHOMAS BRAUN
CHAIRMAN
- Total calculated
- $32,818
- From this org
- $32,818
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Thomas HayhurstTHOMAS HAYHURST
COMMITTEE MEMBER
- Total calculated
- $26,254
- From this org
- $26,254
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Anne BlantonANNE BLANTON
COMMITTEE MEMBER
- Total calculated
- $26,254
- From this org
- $26,254
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Howard KlineHOWARD KLINE
COMMITTEE MEMBER
- Total calculated
- $26,254
- From this org
- $26,254
- From related orgs
- $0
- Other
- $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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513149349302681
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