Hutchinson Telephone Company Employee Benefits Trust
- Assets
- $302.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hutchinson, MN
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 32-0127163
Organization Overview
Hutchinson Telephone Company Employee Benefits Trust is located in Hutchinson, MN. The organization was established in 2006. 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. Hutchinson Telephone Company Employee Benefits Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, Hutchinson Telephone Company Employee Benefits Trust generated $53.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $14.0k during the year ending 12/2021. While expenses have increased by 7.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
HEALTH REIMBURSEMENT ARRANGEMENT BY ORGANIZATION HAD APPROXIMATELY 18 PARTICIPANTS WHO RECEIVED MEDICAL CARE IN THE AMOUNT OF $9,689.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $33,037 |
| Membership dues | $0 |
| Investment income | $20,008 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,045 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $9,689 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,293 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $13,982 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $302,451 |
| Other assets | $0 |
| Total assets | $302,451 |
| Total liabilities | $0 |
| Net assets or fund balances | $302,451 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Roofers Union & Employers Joint Health & Welfare Fund Bloomington, MN | $25,717,138 | $10,251,636 |
Principal Trust For Life Insurance Benefits For Employees Des Moines, IA | $31,982,554 | $9,538,284 |
Couleecap Inc Westby, WI | $14,488,580 | $8,423,609 |
Five Rivers Carpenters District Council Health & Welfare Fund Cedar Rapids, IA | $25,962,714 | $8,703,963 |
M&i Retiree Health Benefits Trust Milwaukee, WI | $74,790,619 | $4,963,482 |
State Chemical Veba Trust Milwaukee, WI | $1,704,739 | $7,504,552 |
Plasterers And Cabinet Makers Health Fund Bloomington, MN | $8,022,574 | $6,307,266 |
Diocese Of St Cloud Non Erisa Health Benefit Plan St Cloud, MN | $2,126,725 | $5,836,332 |
Dakotas Areawide Ibew-Neca Vacation And Holiday Trust Fargo, ND | $4,917,933 | $6,471,191 |
Cedar Rapids Sheet Metal Workers Local 263 Health & Welfare Fund Cedar Rapids, IA | $2,915,812 | $5,732,588 |
3m Employees Welfare Benefits Association Trust Iii Agreement St Paul, MN | $7,144,101 | $4,077,707 |
Interplastic Veba Plan & Tr St Paul, MN | $5,393,394 | $5,393,393 |