Form 990 for tax year 2024
Filed by ILWU LOCAL 142 HEALTH & WELFARE TR.
Totals
- Total revenue
- $57,036,291
- Total expenses
- $51,304,463
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $54,609,870
- Investment income
- $2,418,493
- Other revenue
- $7,928
- Total assets, end of year
- $71,949,303
- Total liabilities, end of year
- $3,019,156
- Net assets or fund balances, end of year
- $68,930,147
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $50,490,340
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' CONTRIBUTIONS
total $54,548,142 · related or exempt $54,548,142
-
2b · Program service revenue: EMPLOYEES' CONTRIBUTIONS
total $61,728 · related or exempt $61,728
-
3 · Investment income
total $2,411,826 · excluded $2,411,826
-
7a · Gross sales of assets other than inventory
securities $81,844,657
-
7b · Less cost or other basis and sales expenses
securities $81,837,990
-
7c · Gain or loss
securities $6,667
-
7d · Net gain or loss
total $6,667 · excluded $6,667
-
11a · Other revenue: OTHER INCOME
total $7,928 · excluded $7,928
-
11e · Other revenue, total
$7,928
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $49,197,209
-
11a · Fees: management
total $283,202
-
11b · Fees: legal
total $10,956
-
11c · Fees: accounting
total $63,741
-
11f · Fees: investment management
total $138,685
-
11g · Fees: other
total $1,481,284
-
13 · Office expenses
total $24,004
-
19 · Conferences, conventions and meetings
total $17,254
-
23 · Insurance
total $86,739
-
24a · Other expenses: BANK FEES
total $1,389
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $290,560 · end of year $292,543
-
2 · Savings and temporary cash investments
beginning of year $10,679,668 · end of year $11,396,138
-
4 · Accounts receivable
beginning of year $1,428,497 · end of year $1,476,998
-
11 · Investments: publicly traded securities
beginning of year $50,878,970 · end of year $58,783,624
-
17 · Accounts payable and accrued expenses
beginning of year $132,066 · end of year $43,381
-
25 · Other liabilities
beginning of year $1,102,002 · end of year $2,975,775
-
29 · Capital stock, trust principal or current funds
beginning of year $62,043,627 · end of year $68,930,147
-
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 EMPLOYEES AND THEIR FAMILIES.
Activities or mission (Part I)
TO PROVIDE HEALTH & WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS IN ACCORDANCE W/PLAN DOCUMENTS.
-
TO PROVIDE SELF-FUNDED HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS IN ACCORDANCE WITH THE TERMS SET FORTH IN THE TRUST AGREEMENTS,RULES AND REGULATIONS OF THE PLAN AND CBA (MEDICAL $32,110,428, DRUG $6,199,878 DRUG REBATES $-1,908,991 AND DENTAL $1,975,955)
Expenses $38,377,270
-
TO PROVIDE INSURED BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS - (MEDICAL $10,502,144 CHIROPRACTIC $72,534, AND VISION $245,261)
Expenses $10,819,939
-
TO PROVIDE SELF-FUNDED HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS FOR THE CLAIMS ADMINISTRATIVE FEE (MEDICAL $1,060,438, DRUG $104,258, DENTAL $128,435)
Expenses $1,293,131
As filed on the 2024 return.
Listed in Part VII
-
Elmer GorospeELMER GOROSPE
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Carla ThomasCARLA THOMAS
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Roberto Andrion JrROBERTO ANDRION JR
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Eric LottermoserERIC LOTTERMOSER
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Evangeline SobrepenaEVANGELINE SOBREPENA
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christian WestCHRISTIAN WEST
UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jean EwingJEAN EWING
EMPLOYER TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tristie LicoanTRISTIE LICOAN
ALTERNATE UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jackie YuloJACKIE YULO
ALTERNATE EMPLOYER TRUSTEE
- 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
- 20 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503029349302845
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.