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← IBEW LOCAL 508 HEALTH PLAN

Form 990 for tax year 2022

Filed by IBEW LOCAL 508 HEALTH PLAN.

Totals

Total revenue
$6,232,078
Total expenses
$4,950,196
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$6,228,733
Investment income
$1,042
Other revenue
$2,303
Total assets, end of year
$13,090,629
Total liabilities, end of year
$115,073
Net assets or fund balances, end of year
$12,975,556
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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 $6,214,264 · related or exempt $6,214,264

  • 2b · Program service revenue: EMPLOYEE CONTRIBUTIONS

    total $14,469 · related or exempt $14,469

  • 3 · Investment income

    total $1,042 · excluded $1,042

  • 11a · Other revenue: OTHER INCOME

    total $2,303 · excluded $2,303

  • 11e · Other revenue, total

    $2,303

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $4,818,450

  • 11a · Fees: management

    total $68,175

  • 11b · Fees: legal

    total $20,075

  • 11c · Fees: accounting

    total $8,475

  • 11g · Fees: other

    total $16,445

  • 13 · Office expenses

    total $10,549

  • 19 · Conferences, conventions and meetings

    total $4,157

  • 23 · Insurance

    total $3,870

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,578,720 · end of year $1,558,027

  • 2 · Savings and temporary cash investments

    beginning of year $9,547,663 · end of year $10,948,705

  • 4 · Accounts receivable

    beginning of year $628,233 · end of year $583,897

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,903

  • 17 · Accounts payable and accrued expenses

    beginning of year $63,845 · end of year $2,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $113,073

  • 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 $11,693,674 · end of year $12,975,556

Mission and programs · 2022

Mission

TO PROVIDE HEALTH INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS

  • TO PROVIDE HEALTH INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS

As filed on the 2022 return.

Listed in Part VII

  • Alton Mosley

    UNION TRUSTEE

    Total calculated
    $102,605
    From this org
    $0
    From related orgs
    $102,605
    Other
    $0
    Hours/week
    2 + 50 related
  • Jeff Autry

    TRUSTEE (P)

    Total calculated
    $0
    Hours/week
    2 + 10 related
  • Wayne Huggins

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Jeff Knowlton

    UNION TRUSTEE

    Total calculated
    $77,507
    From this org
    $0
    From related orgs
    $77,507
    Other
    $0
    Hours/week
    2 + 50 related
  • Raymond T Harrison

    UNION TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Kellie Smith

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Brad Butler

    EMPLOYER 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.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BROOKS BERRY HAYNIE & ASSOCIATES

  • COGBURN BROS ELECTRIC INC

  • CONNELLY ELECTRIC CO

  • CR MEYER AND SONS CO

  • DAKOTAS & WESTERN MINNESO

  • DAY & ZIMMERMANN NPS

  • GARNET ELECTRIC

  • GOFF ELECTRIC INC

  • HDI-MULLIS POWER AND CONT

  • INMAN INDUSTRIAL ELECTRIC

  • INTERMOUNTAIN ELECTRIC

  • JRANCK ELECTRICINC

  • MCINNIS ELECTRIC COMPANY

  • MILLER ELECTRIC

  • NEELY ELECTRICAL SVCS DBA BRADDY

  • OWENS AND PRIDGEN

  • RAGNAR BENSON

  • RAM ELECTRIC COMPANY

  • SAN MATEO CNTY ELECTRICAL

  • SHAW ELECTRICAL SERVICES

  • SOUTHEAST ELECTRIC

  • STEPHEN BAILEY CONTRACTOR

  • UNIVERSAL ELECTRIC

  • USA MECHANICAL

  • WHITE ELECTRICAL CONSTRUC

  • WILLIAMS SPECIALTY GROUP

Provenance

Return type
form_990
Tax year
2022
Filed
12 April 2024
IRS schema version
2022v5.0
Source object
202401039349301400

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