Skip to content
Nonprofiteer
← WYOMING EDUCATORS BENEFIT TRUST

Form 990 for tax year 2023

Filed by WYOMING EDUCATORS BENEFIT TRUST.

Totals

Total revenue
$139,159,619
Total expenses
$138,826,383
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$137,001,546
Investment income
$2,158,073
Other revenue
$0
Total assets, end of year
$49,474,991
Total liabilities, end of year
$20,185,739
Net assets or fund balances, end of year
$29,289,252
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 $136,913,617 · related or exempt $136,913,617

  • 2b · Program service revenue: ADMINISTRATIVE FEES

    total $87,929 · related or exempt $87,929

  • 3 · Investment income

    total $1,416,558 · excluded $1,416,558

  • 7a · Gross sales of assets other than inventory

    securities $10,848,680

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

    securities $10,107,165

  • 7c · Gain or loss

    securities $741,515

  • 7d · Net gain or loss

    total $741,515 · excluded $741,515

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $20,000

  • 11d · Fees: lobbying

    total $15,000

  • 11f · Fees: investment management

    total $171,821

  • 11g · Fees: other

    total $117,250

  • 12 · Advertising and promotion

    total $2,368

  • 13 · Office expenses

    total $901

  • 14 · Information technology

    total $120,703

  • 17 · Travel

    total $19,288

  • 23 · Insurance

    total $25,155

  • 24a · Other expenses: CLAIMS PAID

    total $127,797,644

  • 24b · Other expenses: INSURANCE PREMIUMS

    total $4,992,730

  • 24c · Other expenses: THIRD-PARTY ADMINISTRAT

    total $4,750,425

  • 24d · Other expenses: DECREASE IN ESTIMATED C

    total $787,000

  • 24e · All other expenses

    total $6,098

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,579,998 · end of year $9,466,581

  • 4 · Accounts receivable

    beginning of year $2,102,863 · end of year $1,197,552

  • 9 · Prepaid expenses and deferred charges

    beginning of year $93,244 · end of year $96,153

  • 12 · Investments: other securities

    beginning of year $39,474,659 · end of year $38,714,705

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,686,498 · end of year $15,878,484

  • 19 · Deferred revenue

    beginning of year $4,045,904 · end of year $4,307,255

  • 27 · Net assets without donor restrictions

    beginning of year $27,518,362 · end of year $29,289,252

Mission and programs · 2023

Mission

THE TRUST OFFERS HIGH QUALITY GROUP BENEFIT PROGRAMS FOR SCHOOL DISTRICTS, EDUCATION ORGANIZATIONS, AND GOVERNMENTAL AGENCIES, INCLUDING THEIR RETIREES.

Activities or mission (Part I)

PROVIDE HEALTH, DENTAL, LIFE & LTD INSURANCE COVERAGE TO WYOMING EDUCATORS.

  • PROVIDE MEDICAL, DENTAL, LIFE & LONG-TERM DISABILITY COVERAGE FOR WYOMING EDUCATORS

As filed on the 2023 return.

Listed in Part VII

  • Grady Hutcherson

    CHAIRPERSON (FORMER)

    Total calculated
    $172,528
    From this org
    $0
    From related orgs
    $135,396
    Other
    $37,132
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $135,396 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $37,132 related
    Filer's total
    $0 + $172,528 related

  • Kim Amen

    CHAIRPERSON (CURRENT)

    Total calculated
    $0
    Hours/week
    0.5 + 40 related

  • John Fabela

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 40 related

  • Dirk Andrews

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Richard Luchsinger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Paige Fenton Hughes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Cari Kragovich

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Brian Bartz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Dana Mann-Tavegia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Heather Doke

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

  • WYOMING EDUCATION ASSOCIATION

    501(C)(6) · EXPANDING RIGHTS & FURTHERING INTEREST OF EDUCATION PERSONNEL · WY

  • WEA POLITICAL ACTION COMMITTEE

    527 · LOBBYING · WY

Provenance

Return type
form_990
Tax year
2023
Filed
4 February 2025
IRS schema version
2023v6.0
Source object
202500509349301040

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.