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← UAW RETIREES OF DAIMLER TRUCKS NORTH AMERICA WELFARE BENEFITS TR

Form 990 for tax year 2022

Filed by UAW RETIREES OF DAIMLER TRUCKS NORTH AMERICA WELFARE BENEFITS TR.

Totals

Total revenue
$65,387,184
Total expenses
$22,967,684
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$19,213,855
Investment income
$46,173,329
Other revenue
$0
Total assets, end of year
$716,301,763
Total liabilities, end of year
$7,808,758
Net assets or fund balances, end of year
$708,493,005
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 $13,960,776 · related or exempt $13,960,776

  • 2b · Program service revenue: SELF PAYMENTS

    total $2,468,850 · related or exempt $2,468,850

  • 2c · Program service revenue: CMS

    total $1,421,054 · related or exempt $1,421,054

  • 2d · Program service revenue: COVERAGE GAP DISCOUNT

    total $1,363,175 · related or exempt $1,363,175

  • 3 · Investment income

    total $16,177,635 · excluded $16,177,635

  • 7a · Gross sales of assets other than inventory

    securities $335,010,348

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

    securities $305,014,654

  • 7c · Gain or loss

    securities $29,995,694

  • 7d · Net gain or loss

    total $29,995,694 · excluded $29,995,694

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $19,835,444

  • 5 · Compensation of officers, directors and key employees

    total $94,650

  • 11a · Fees: management

    total $1,051,150

  • 11b · Fees: legal

    total $25,945

  • 11c · Fees: accounting

    total $72,475

  • 11f · Fees: investment management

    total $1,695,110

  • 11g · Fees: other

    total $107,425

  • 13 · Office expenses

    total $15,756

  • 23 · Insurance

    total $67,506

  • 24a · Other expenses: FIDELITY BOND

    total $1,623

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $600

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,528,643 · end of year $12,495,646

  • 2 · Savings and temporary cash investments

    beginning of year $48,382,362 · end of year $58,529,875

  • 3 · Pledges and grants receivable

    beginning of year $3,522,303 · end of year $3,275,517

  • 4 · Accounts receivable

    beginning of year $823 · end of year $2,391

  • 9 · Prepaid expenses and deferred charges

    beginning of year $238,036 · end of year $220,138

  • 11 · Investments: publicly traded securities

    beginning of year $348,141,837 · end of year $321,539,826

  • 12 · Investments: other securities

    beginning of year $322,079,191 · end of year $313,954,794

  • 15 · Other assets

    beginning of year $22,112,832 · end of year $6,283,576

  • 17 · Accounts payable and accrued expenses

    beginning of year $467,377 · end of year $436,949

  • 25 · Other liabilities

    beginning of year $0 · end of year $7,371,809

  • 29 · Capital stock, trust principal or current funds

    beginning of year $673,082,203 · end of year $749,538,650

  • 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 $76,456,447 · end of year -$41,045,645

Mission and programs · 2022

Mission

THE TRUST WAS ESTABLISHED AND IS CONTINUED FOR THE PURPOSE OF PROVIDING HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

Activities or mission (Part I)

THE TRUST WAS ESTABLISHED AND IS CONTINUED FOR THE PURPOSE OF PROVIDING HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS

  • PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS

As filed on the 2022 return.

Listed in Part VII

  • Suzanne Daniels

    CHAIRPERSON

    Total calculated
    $93,080
    From this org
    $22,650
    From related orgs
    $70,430
    Other
    $0
    Hours/week
    2 + 10.5 related

  • Gary Petroni

    COMMITTEE MEMBER

    Total calculated
    $88,360
    From this org
    $18,000
    From related orgs
    $70,360
    Other
    $0
    Hours/week
    0.5 + 7 related

  • Comerica Bank

    INSTITUTIONAL TRUSTEE

    Total calculated
    $83,314
    From this org
    $83,314
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5 + 5.5 related

  • Jack Martin

    COMMITTEE MEMBER

    Total calculated
    $81,360
    From this org
    $18,000
    From related orgs
    $63,360
    Other
    $0
    Hours/week
    0.5 + 5.5 related

  • Francine Parker

    COMMITTEE MEMBER

    Total calculated
    $81,360
    From this org
    $18,000
    From related orgs
    $63,360
    Other
    $0
    Hours/week
    0.5 + 5.5 related

  • Allen Penley

    COMMITTEE MEMBER

    Total calculated
    $18,000
    From this org
    $18,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Tim Bressler

    COMMITTEE MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Robert Riggins

    COMMITTEE MEMBER

    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.

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.

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.

  • DAIMLER TRUCKS NORTH AMERICA LLC

    AUTOMOTIVE · OR

Provenance

Return type
form_990
Tax year
2022
Filed
6 November 2023
IRS schema version
2022v5.0
Source object
202333139349304343

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