Form 990 for tax year 2023
Filed by PLUMBERS AND PIPEFITTERS LOCAL UNION NO 286 HEALTH AND WELFARE FU.
Totals
- Total revenue
- $28,469,627
- Total expenses
- $19,354,720
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $27,268,485
- Investment income
- $1,201,142
- Other revenue
- $0
- Total assets, end of year
- $28,753,641
- Total liabilities, end of year
- $5,161,326
- Net assets or fund balances, end of year
- $23,592,315
- Program services expenses (Part IX)
- $18,896,529
- Management and general expenses
- $458,191
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $18,896,529
Program services were 97.6% 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 $26,856,098 · related or exempt $26,856,098
-
2b · Program service revenue: Employee Contributions
total $412,387 · related or exempt $412,387
-
3 · Investment income
total $1,201,142 · excluded $1,201,142
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $18,896,529 · program services $18,896,529
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $197,601 · management and general $197,601
-
11b · Fees: legal
total $52,213 · management and general $52,213
-
11c · Fees: accounting
total $45,170 · management and general $45,170
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $55,752 · management and general $55,752
-
11g · Fees: other
total $68,700 · management and general $68,700
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $21,345 · management and general $21,345
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $4,809 · management and general $4,809
-
24a · Other expenses: PCORI Fees
total $7,251 · management and general $7,251
-
24b · Other expenses: Misc Exp
total $5,350 · management and general $5,350
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $487,499 · end of year $3,489,984
-
2 · Savings and temporary cash investments
beginning of year $39,109 · end of year $22,219
-
4 · Accounts receivable
beginning of year $2,280,574 · end of year $2,552,434
-
11 · Investments: publicly traded securities
beginning of year $15,380,552 · end of year $22,689,004
-
17 · Accounts payable and accrued expenses
beginning of year $166,462 · end of year $71,326
-
25 · Other liabilities
beginning of year $3,543,864 · end of year $5,090,000
-
27 · Net assets without donor restrictions
beginning of year $14,477,408 · end of year $23,592,315
Mission and programs · 2023
Mission
To provide medical benefits to the members of Plumbers and Pipefitters LU No 286.
-
To provide medical benefits to the eligible Plumbers and Pipefitters and their dependents and beneficiaries.
Expenses $18,896,529 · Revenue $28,469,627
As filed on the 2023 return.
Listed in Part VII
-
Robert Thornton
Chairman
- Total calculated
- $0
- Hours/week
- 2 + 40 related
-
Jeff Henkener
Secretary
- Total calculated
- $0
- Hours/week
- 2 + 40 related
-
David Condron
Union Trustee
- Total calculated
- $0
- Hours/week
- 2 + 40 related
-
Kyle Smith
Employer Trustee
- Total calculated
- $0
- Hours/week
- 2 + 40 related
-
Brian Peabody
Union Trustee
- Total calculated
- $0
- Hours/week
- 2 + 40 related
-
Zeke Gowin
Employer Trustee
- Total calculated
- $0
- Hours/week
- 2 + 40 related
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
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531399349300643
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