Ohio Operating Engineers Health & Welfare Plan

Organization Overview

Ohio Operating Engineers Health & Welfare Plan is located in Columbus, OH. The organization was established in 1961. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. As of 07/2021, Ohio Operating Engineers Health & Welfare Plan employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Operating Engineers Health & Welfare Plan is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 07/2021, Ohio Operating Engineers Health & Welfare Plan generated $150.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $159.9m during the year ending 07/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE OHIO OPERATING ENGINEERS HEALTH AND WELFARE PLAN PROVIDES (CONTINUED ON SCHEDULE O)HEALTH AND WELFARE BENEFITS TO APPROXIMATELY 30,000 QUALIFIED MEMBERS AND DEPENDENTS AS OF 7/31/2021.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE OHIO OPERATING ENGINEERS HEALTH AND WELFARE PLAN PROVIDES HEALTH AND WELFARE BENEFITS TO APPROXIMATELY 30,000 QUALIFIED MEMBERS AND DEPENDENTS AS OF 7/31/2021.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $1,136,722
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $7,418,465
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $150,552,605

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