Form 990 for tax year 2023
Filed by UNITED FOOD & COMMERCIAL WORKERS UNION-EMPLOYER HLTH & WELFARE FUND.
Totals
- Total revenue
- $127,845,439
- Total expenses
- $114,794,424
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $118,027,838
- Investment income
- $3,544,952
- Other revenue
- $6,272,649
- Total assets, end of year
- $117,476,779
- Total liabilities, end of year
- $29,542,723
- Net assets or fund balances, end of year
- $87,934,056
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
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 $105,541,278 · related or exempt $105,541,278
-
2b · Program service revenue: MEDICARE SUBSIDY
total $6,778,530 · related or exempt $6,778,530
-
2c · Program service revenue: EMPLOYEE CONTRIBUTIONS
total $5,708,030 · related or exempt $5,708,030
-
3 · Investment income
total $3,544,952 · related or exempt $3,544,952
-
11a · Other revenue: FORMULARY REBATES
total $6,272,649 · related or exempt $6,272,649
-
11e · Other revenue, total
$6,272,649
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $111,046,905
-
7 · Other salaries and wages
total $1,028,470
-
8 · Pension plan contributions
total $142,420
-
9 · Other employee benefits
total $427,541
-
10 · Payroll taxes
total $83,821
-
11b · Fees: legal
total $273,822
-
11c · Fees: accounting
total $137,850
-
11f · Fees: investment management
total $342,180
-
11g · Fees: other
total $25,759
-
13 · Office expenses
total $248,954
-
14 · Information technology
total $323,379
-
16 · Occupancy
total $210,208
-
19 · Conferences, conventions and meetings
total $21,051
-
22 · Depreciation, depletion and amortization
total $162,548
-
23 · Insurance
total $20,453
-
24a · Other expenses: TEMPORARY AGENCT FEES
total $69,993
-
24b · Other expenses: RETIREMENT PLAN ADMIN
total $69,770
-
24c · Other expenses: UTILITIES AND OFFICE MAIN
total $62,426
-
24d · Other expenses: PATIENT RESEARCH FEE TAX
total $43,995
-
24e · All other expenses
total $52,879
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $10,756,175 · end of year $16,656,842
-
4 · Accounts receivable
beginning of year $3,864,361 · end of year $3,755,788
-
9 · Prepaid expenses and deferred charges
beginning of year $23,308 · end of year $19,177
-
10a · Land, buildings and equipment: cost or other basis
$1,048,588
-
10b · Land, buildings and equipment: accumulated depreciation
$878,564
-
10c · Land, buildings and equipment, net
beginning of year $332,575 · end of year $170,024
-
11 · Investments: publicly traded securities
beginning of year $75,063,733 · end of year $96,874,948
-
17 · Accounts payable and accrued expenses
beginning of year $255,074 · end of year $400,438
-
25 · Other liabilities
beginning of year $26,858,277 · end of year $29,142,285
-
31 · Retained earnings, endowment or other funds
beginning of year $62,926,801 · end of year $87,934,056
Mission and programs · 2023
Mission
PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS
-
MEDICAL, DENTAL AND DISABILITY BENEFITS- THE FUND IN CONJUCTION WITH CONSUMERS LIFE INSURANCE COMPANY,METROHEALTH AND MEDICAL MUTUAL OF OHIO PROVIDES VARIOUS HOSPITAL, SURGICAL, MEDICAL, ACCIDENT AND SICKNESS, WEEKLY INDEMNITY, AND LIFE INSURANCE BENEFITS TO APPROXIMATELY 16,000 MEMBERS.
-
PAID PRESCRIPTION PROGRAM- THE FUND HAS CONTRACTED WITH CAREMARK TO PROVIDE A PROGRAM FOR PRESCRIPTION DRUGS. THE PROGRAM REQUIRES MEMBERS TO PAY 20- 30% TOWARDS EACH PRESCRIPTION. ALSO SOME MEMBERS RECEIVE REIMBURSEMENTS THROUGH MAJOR MEDICAL. APPROXIMATELY 12,000 MEMBERS ARE COVERED UNDER THIS PLAN.
-
EYE CARE PROGRAM. THE FUND PROVIDES VISION BENEFITS THROUGH DIRECT REIMBURSEMENT OR WITH VARIOUS PROVIDERS. THE PROGRAM PROVIDES A FULLY PAID EYE CARE PROGRAM TO APPROXIMATELY 16,000 MEMBERS. THIS PROGRAM PROVIDES A FREE EYE EXAMINATION AND A PAIR OF GLASSES EVERY 24 MONTHS FOR ADULTS AND EVERY 12 MONTHS FOR CHILDREN.
-
TO PROVIDE AFFORDABLE HEALTH CARE FOR ITS MEMBERS
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sasha PhillipsSASHA PHILLIPS
EMPLOYER TRU
- Total calculated
- $0
- Hours/week
- 0
-
Nick AlbrechtNICK ALBRECHT
EMPLOYER TRU
- Total calculated
- $0
- Hours/week
- 0
-
Thomas HeinenTHOMAS HEINEN
EMPLOYER TRU
- Total calculated
- $0
- Hours/week
- 0
-
Miles AndersonMILES ANDERSON
UNION TRUSTE
- Total calculated
- $0
- Hours/week
- 0
-
Carl IvkaCARL IVKA
UNION TRUSTE
- Total calculated
- $0
- Hours/week
- 0
-
Eric PolischakERIC POLISCHAK
EMPLOYER TRU
- Total calculated
- $0
- Hours/week
- 0
-
Carl GreenCARL GREEN
UNION TRUSTE
- Total calculated
- $0
- Hours/week
- 0
-
Michael DancyMICHAEL DANCY
UNION TRUSTE
- Total calculated
- $0
- Hours/week
- 0
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
- 15 July 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541919349301009
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