Form 990 for tax year 2024
Filed by TEAMSTERS HEALTH AND WELFARE TRUST FUND.
Totals
- Total revenue
- $52,342,345
- Total expenses
- $48,987,477
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $48,515,912
- Investment income
- $1,300,361
- Other revenue
- $2,526,072
- Total assets, end of year
- $48,316,622
- Total liabilities, end of year
- $14,901
- Net assets or fund balances, end of year
- $48,301,721
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $46,006,125
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: EMPLOYERS' CONTRIB
total $47,144,995 · related or exempt $47,144,995
-
2b · Program service revenue: EMPLOYEES' CONTRIB
total $1,350,271 · related or exempt $1,350,271
-
2c · Program service revenue: LIQUIDATED DAMAGES
total $20,646 · related or exempt $20,646
-
3 · Investment income
total $1,272,442 · excluded $1,272,442
-
7a · Gross sales of assets other than inventory
securities $12,867,083
-
7b · Less cost or other basis and sales expenses
securities $12,839,164
-
7c · Gain or loss
securities $27,919
-
7d · Net gain or loss
total $27,919 · related or exempt $27,919
-
11a · Other revenue: DRUG REBATES
total $2,308,883 · related or exempt $2,308,883
-
11b · Other revenue: OTHER
total $217,189 · related or exempt $217,189
-
11e · Other revenue, total
$2,526,072
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $48,094,199
-
11b · Fees: legal
total $21,261
-
11c · Fees: accounting
total $51,304
-
11f · Fees: investment management
total $80,203
-
11g · Fees: other
total $337,526
-
13 · Office expenses
total $28,441
-
19 · Conferences, conventions and meetings
total $16,526
-
23 · Insurance
total $23,257
-
24a · Other expenses: ADMINISTRATIVE FEES - D
total $220,809
-
24b · Other expenses: CONSULTANT FEES
total $113,951
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $54,370 · end of year $360,061
-
2 · Savings and temporary cash investments
beginning of year $13,546,825 · end of year $7,791,972
-
4 · Accounts receivable
beginning of year $5,297,043 · end of year $5,414,106
-
11 · Investments: publicly traded securities
beginning of year $14,745,613 · end of year $20,907,079
-
12 · Investments: other securities
beginning of year $4,459,660 · end of year $6,643,750
-
15 · Other assets
beginning of year $6,643,575 · end of year $7,199,654
-
17 · Accounts payable and accrued expenses
beginning of year $169,033 · end of year $12,967
-
25 · Other liabilities
beginning of year $0 · end of year $1,934
-
29 · Capital stock, trust principal or current funds
beginning of year $44,578,053 · end of year $48,301,721
-
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 $0 · end of year $0
Mission and programs · 2024
Mission
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS, THEIR DEPENDENTS, AND RETIREES.
-
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS, THEIR DEPENDENTS, AND RETIREES BY PAYING MONTHLY INSURANCE PREMIUMS TO INSURANCE CARRIERS (MEDICAL/DENTAL $37,982,182, CHIROPRACTIC CARE $47,534, MEDICARE PREMIUM REIMBURSEMENTS $332, LIFE INSURANCE $44,095, AND VISION $207,553).
Expenses $38,281,696
-
TO PROVIDE SELF-INSURED HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS, THEIR DEPENDENTS, AND RETIREES (DRUG $8,121,818, DRUG REBATES -$2,308,883 AND DENTAL $1,690,685).
Expenses $7,503,620
-
TO PAY FOR SELF-FUNDED BENEFIT ADMINISTRATIVE FEES.
Expenses $220,809
As filed on the 2024 return.
Listed in Part VII
-
Kevin HoluKEVIN HOLU
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joelle HusseyJOELLE HUSSEY
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan ReedJONATHAN REED
UNION TRUSTEE (ALT)
- Total calculated
- $0
- Hours/week
- 1
-
Chris UeokaCHRIS UEOKA
UNION TRUSTEE (ALT)
- Total calculated
- $0
- Hours/week
- 1
-
Robert YuROBERT YU
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jenny LemaotaJENNY LEMAOTA
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Eileen Mori-MishinaEILEEN MORI-MISHINA
EMPLOYER TRUSTEE (ALT)
- Total calculated
- $0
- Hours/week
- 1
-
Tamara AddisonTAMARA ADDISON
EMPLOYER TRUSTEE (ALT)
- 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.
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.
-
SEE SCHEDULE R SUPPLEMENTAL INFORMATION
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 partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
SEE SCHEDULE R SUPPLEMENTAL INFORMATION
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
SEE SCHEDULE R SUPPLEMENTAL INFORMATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 July 2026
- IRS schema version
- 2024v5.5
- Source object
- 202631889349301733
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.