Skip to content
Nonprofiteer
← PUGET SOUND BENEFITS PLAN

Form 990 for tax year 2024

Filed by PUGET SOUND BENEFITS PLAN.

Totals

Total revenue
$6,162,097
Total expenses
$6,883,348
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,868,020
Investment income
$293,725
Other revenue
$352
Total assets, end of year
$6,588,653
Total liabilities, end of year
$1,877,146
Net assets or fund balances, end of year
$4,711,507
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 $5,757,549 · related or exempt $5,757,549

  • 2b · Program service revenue: EMPLOYEE CONTRIBUTIONS

    total $110,471 · related or exempt $110,471

  • 3 · Investment income

    total $175,228 · excluded $175,228

  • 7a · Gross sales of assets other than inventory

    securities $2,731,123

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

    securities $2,612,626

  • 7c · Gain or loss

    securities $118,497

  • 7d · Net gain or loss

    total $118,497 · excluded $118,497

  • 11a · Other revenue: LITIGATION INCOME

    total $352 · related or exempt $352

  • 11e · Other revenue, total

    $352

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $6,330,695

  • 11a · Fees: management

    total $381,182

  • 11b · Fees: legal

    total $10,200

  • 11c · Fees: accounting

    total $22,265

  • 11f · Fees: investment management

    total $15,660

  • 11g · Fees: other

    total $48,433

  • 13 · Office expenses

    total $51,360

  • 14 · Information technology

    total $3,342

  • 17 · Travel

    total $2,162

  • 19 · Conferences, conventions and meetings

    total $10,995

  • 23 · Insurance

    total $7,054

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $100,295 · end of year $355,515

  • 2 · Savings and temporary cash investments

    beginning of year $189,865 · end of year $309,935

  • 4 · Accounts receivable

    beginning of year $580,473 · end of year $748,553

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,987 · end of year $10,208

  • 11 · Investments: publicly traded securities

    beginning of year $5,943,566 · end of year $5,164,442

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,251 · end of year $24,186

  • 25 · Other liabilities

    beginning of year $1,426,572 · end of year $1,852,960

  • 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 $5,377,363 · end of year $4,711,507

Mission and programs · 2024

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE MEMBERS

  • TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE MEMBERS

As filed on the 2024 return.

Listed in Part VII

  • Suzanne Mode End 1124

    UNION TRUSTEE - CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Adam Keck

    EMPLOYER TRUSTEE - CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Erin Adamson

    UNION TRUSTEE- SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Frank Benish

    EMPLOYER TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Corinne Cosentino Start 1124

    UNION 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.

Provenance

Return type
form_990
Tax year
2024
Filed
30 October 2025
IRS schema version
2024v5.2
Source object
202543049349301569

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.