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← TRI-COUNTY BUILDING TRADES WELFARE FUND

Form 990 for tax year 2024

Filed by TRI-COUNTY BUILDING TRADES WELFARE FUND.

Totals

Total revenue
$29,862,891
Total expenses
$23,893,870
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$26,742,823
Investment income
$3,120,068
Other revenue
$0
Total assets, end of year
$39,894,479
Total liabilities, end of year
$160,024
Net assets or fund balances, end of year
$39,734,455
Program services expenses (Part IX)
$23,893,870
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$23,893,870

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 $24,982,723 · related or exempt $24,982,723

  • 2b · Program service revenue: PARTICIPANT CONTRIBUTIONS

    total $1,393,129 · related or exempt $1,393,129

  • 2c · Program service revenue: SASMI CONTRIBUTIONS

    total $366,971 · related or exempt $366,971

  • 3 · Investment income

    total $1,199,730 · excluded $1,199,730

  • 7a · Gross sales of assets other than inventory

    securities $36,519,792

  • 7b · Less cost or other basis and sales expenses

    securities $34,599,454

  • 7c · Gain or loss

    securities $1,920,338

  • 7d · Net gain or loss

    total $1,920,338 · related or exempt $1,920,338

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $22,042,794 · program services $22,042,794

  • 11a · Fees: management

    total $1,463,289 · program services $1,463,289

  • 11b · Fees: legal

    total $88,809 · program services $88,809

  • 11c · Fees: accounting

    total $20,593 · program services $20,593

  • 11f · Fees: investment management

    total $40,206 · program services $40,206

  • 11g · Fees: other

    total $132,228 · program services $132,228

  • 13 · Office expenses

    total $93,661 · program services $93,661

  • 19 · Conferences, conventions and meetings

    total $2,314 · program services $2,314

  • 23 · Insurance

    total $300 · program services $300

  • 24a · Other expenses: PCORI FEE

    total $9,676 · program services $9,676

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $102,377 · end of year $196,285

  • 2 · Savings and temporary cash investments

    beginning of year $7,640,921 · end of year $928,958

  • 4 · Accounts receivable

    beginning of year $3,102,071 · end of year $3,857,563

  • 11 · Investments: publicly traded securities

    beginning of year $23,701,377 · end of year $34,911,673

  • 17 · Accounts payable and accrued expenses

    beginning of year $86,289 · end of year $160,024

  • 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 $34,460,457 · end of year $39,734,455

Mission and programs · 2024

Mission

HEALTH BENEFIT FUND

Activities or mission (Part I)

TO PROVIDE HEALTH BENEFITS.

  • TO PROVIDE MEDICAL, PRESCRIPTION DRUG, DENTAL, VISION, DEATH, DISABILITY AND AD&D BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

    Expenses $23,893,870

As filed on the 2024 return.

Listed in Part VII

  • Jerry Durieux

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Aaron Hall

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Jacob Geopfert

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Scott Mazzulli

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Joe Stella

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nuje Fruebd

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

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
12 February 2026
IRS schema version
2024v5.5
Source object
202620499349301517

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