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← PLUMBERS & STEAMFITTERS LOCAL UNION #248 HEALTH & WELFARE TRUST FUND

Form 990 for tax year 2024

Filed by PLUMBERS & STEAMFITTERS LOCAL UNION #248 HEALTH & WELFARE TRUST FUND.

Totals

Total revenue
$7,240,737
Total expenses
$6,589,628
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$6,925,378
Investment income
$308,817
Other revenue
$6,542
Total assets, end of year
$10,995,943
Total liabilities, end of year
$62,072
Net assets or fund balances, end of year
$10,933,871
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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 $6,274,483 · related or exempt $6,274,483

  • 2b · Program service revenue: EMPLOYEE CONTRIBUTIONS

    total $650,895 · related or exempt $650,895

  • 3 · Investment income

    total $308,817 · related or exempt $308,817

  • 11a · Other revenue: OTHER REVENUE

    total $6,542 · related or exempt $6,542

  • 11e · Other revenue, total

    $6,542

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $6,295,846

  • 7 · Other salaries and wages

    total $37,461

  • 11b · Fees: legal

    total $31,975

  • 11c · Fees: accounting

    total $8,000

  • 11g · Fees: other

    total $206,119

  • 13 · Office expenses

    total $5,221

  • 19 · Conferences, conventions and meetings

    total $2,132

  • 23 · Insurance

    total $2,874

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $186,163

  • 2 · Savings and temporary cash investments

    beginning of year $521,356 · end of year $585,333

  • 4 · Accounts receivable

    beginning of year $749,381 · end of year $699,422

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,156 · end of year $25,532

  • 11 · Investments: publicly traded securities

    beginning of year $8,705,315 · end of year $9,499,493

  • 17 · Accounts payable and accrued expenses

    beginning of year $42,969 · end of year $62,072

  • 31 · Retained earnings, endowment or other funds

    beginning of year $9,955,239 · end of year $10,933,871

Mission and programs · 2024

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS.

  • THE PROVISION OF HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS.

As filed on the 2024 return.

Listed in Part VII

  • Ben Collier

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Michael Gullett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Anthony Lewis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Scott Taylor

    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
2024
Filed
10 April 2026
IRS schema version
2024v5.0
Source object
202621029349300507

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