Skip to content
Nonprofiteer
← TEXAS PIPE TRADES HEALTH BENEFIT FUND

Form 990 for tax year 2023

Filed by TEXAS PIPE TRADES HEALTH BENEFIT FUND.

Totals

Total revenue
$60,206,289
Total expenses
$45,714,287
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$56,034,937
Investment income
$1,780,293
Other revenue
$2,391,059
Total assets, end of year
$52,076,769
Total liabilities, end of year
$1,895,879
Net assets or fund balances, end of year
$50,180,890
Program services expenses (Part IX)
$44,885,145
Management and general expenses
$829,142
Fundraising expenses
$0
Program service expenses (Part III)
$44,885,145

Program services were 98.2% 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 $55,924,271 · related or exempt $55,924,271

  • 2b · Program service revenue: EMPLOYEE CONTRIBUTIONS

    total $110,666 · related or exempt $110,666

  • 3 · Investment income

    total $1,780,293 · excluded $1,780,293

  • 11a · Other revenue: REINSURANCE RECEIPTS

    total $2,391,059 · related or exempt $2,391,059

  • 11e · Other revenue, total

    $2,391,059

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $40,981,933 · program services $40,981,933

  • 11a · Fees: management

    total $411,210 · management and general $411,210

  • 11b · Fees: legal

    total $109,119 · management and general $109,119

  • 11c · Fees: accounting

    total $86,200 · management and general $86,200

  • 11f · Fees: investment management

    total $96,342 · management and general $96,342

  • 13 · Office expenses

    total $26,659 · management and general $26,659

  • 19 · Conferences, conventions and meetings

    total $4,062 · management and general $4,062

  • 23 · Insurance

    total $3,903,212 · program services $3,903,212

  • 24a · Other expenses: CONSULTING FEE

    total $95,550 · management and general $95,550

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $5,233,357 · end of year $8,472,343

  • 4 · Accounts receivable

    beginning of year $2,956,037 · end of year $5,216,537

  • 11 · Investments: publicly traded securities

    beginning of year $30,006,694 · end of year $38,387,889

  • 17 · Accounts payable and accrued expenses

    beginning of year $763,297 · end of year $1,895,879

  • 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 $37,432,791 · end of year $50,180,890

Mission and programs · 2023

Mission

PROVIDING MEMBERS WITH HEALTH, LIFE & DISABILITY BENEFITS.

Activities or mission (Part I)

HEALTH BENEFIT PLAN

  • HEALTH CLAIMS AND INSURANCE PREMIUMS PAID TO AND FOR THE BENEFIT OF MEMBERS OF MEMBER UNIONS PARTICIPATING IN THE TEXAS PIPE TRADES HEALTH BENEFIT PLAN.

    Expenses $44,885,145 · Revenue $56,034,937

As filed on the 2023 return.

Listed in Part VII

  • Jb Kirk

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Clyff Curry

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • John Anthony

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Bobby Grimes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Calvin Jennings

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Wayde Duncan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Chrostopher Newell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mark Kelly

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Kevin P Cruso

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Kenneth Todd

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Ben Bradshaw

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Mike Arthurs

    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.

Provenance

Return type
form_990
Tax year
2023
Filed
25 April 2025
IRS schema version
2023v6.0
Source object
202541159349301709

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.