Teamster Oca Health & Welfare Fund
- Assets
- $15.4m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Toledo, OH
- Founding
- 02/1964
- Data as of
- 10/2020
- EIN
- 31-6043761
Organization Overview
Teamster Oca Health & Welfare Fund is located in Toledo, OH. The organization was established in 1964. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teamster Oca Health & Welfare Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 10/2020, Teamster Oca Health & Welfare Fund generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $5.0m during the year ending 10/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PAYMENT OF MEDICAL, DENTAL, DEATH AND DISABILITY BENEFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAYMENT OF MEDICAL, DENTAL, DEATH AND DISABILITY BENEFITS
PAYMENT OF MEDICAL, DENTAL, DEATH AND DISABILITY BENEFITS
PAYMENT OF MEDICAL, DENTAL, DEATH AND DISABILITY BENEFITS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doyle Baird Trustee | Trustee | 3 | $0 |
Ralph Sam Cook Trustee | Trustee | 3 | $0 |
Christopher Stutz Trustee | Trustee | 3 | $0 |
David Coniglio Trustee | Trustee | 3 | $0 |
Scott Wilson Trustee | Trustee | 3 | $0 |
Michael Ciammaichella Trustee | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $365,608 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $197,086 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,996,453 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $4,342,393 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $231,927 |
| Fees for services: Legal | $68,847 |
| Fees for services: Accounting | $16,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $35,837 |
| Fees for services: Other | $32,583 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,491 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,183 |
| All other expenses | $0 |
| Total functional expenses | $5,043,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,615 |
| Savings and temporary cash investments | $795,951 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $401,036 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,896 |
| Investments—publicly traded securities | $14,155,428 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,383,926 |
| Accounts payable and accrued expenses | $105,901 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,624,200 |
| Total liabilities | $2,730,101 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $12,653,825 |