Carpenters Health & Welfare Trust Fund Of St Louis
- Assets
- $168.3m
- Revenue
- $240.3m
- Investments
- $102.9m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 01/1955
- Data as of
- 04/2022
- EIN
- 43-0685432
Organization Overview
Carpenters Health & Welfare Trust Fund Of St Louis, operating under the name St Louis-Kansas City Regional Health Plan, is located in St Louis, MO. The organization was established in 1955. 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. St Louis-Kansas City Regional Health Plan is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 04/2022, St Louis-Kansas City Regional Health Plan generated $240.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $273.7m during the year ending 04/2022. While expenses have increased by 5.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNION EMPLOYEE HEALTH INSURANCE BENEFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSPITALIZATION, MEDICAL, DENTAL, AND DISABILITY PAYMENTS; OCCUPATIONAL HEALTH PAYMENTS
GROUP LIFE AND DISABILITY INSURANCE PREMIUMS PAID TO METROPOLITAN LIFE INSURANCE COMPANY; COST CONTAINMENT FEE
DISABILITY FICA TAXES AND DISABILITY UNEMPLOYMENT INSURANCE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerhard Glassi Trustee | Trustee | 1 | $0 |
Todd Hake Exiting Trustee | Trustee | 1 | $0 |
Dan Neiswander Trustee | Trustee | 1 | $0 |
Rocky Kloth Trustee | Trustee | 1 | $0 |
Daniel Sivertson Trustee | Trustee | 1 | $0 |
Craig Mcpartlin Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Commerce Bank Investment Manager | 4/29/21 | $271,361 |
Signature Consultants Consulting | 4/29/21 | $186,675 |
Beacon Technologies Group Inc Data Processing | 4/29/21 | $334,982 |
Segal Consulting Actuary | 4/29/21 | $242,564 |
Amalgatrust Co Investment Manager | 4/29/21 | $133,385 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $226,407,311 |
| Investment income | $1,533,207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,458,296 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $240,301,966 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $264,477,188 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,180,710 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,205,239 |
| Payroll taxes | $175,711 |
| Fees for services: Management | $113,499 |
| Fees for services: Legal | $271,233 |
| Fees for services: Accounting | $177,956 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $926,771 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $444,435 |
| Information technology | $112,581 |
| Royalties | $0 |
| Occupancy | $572,465 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,950 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,388 |
| Insurance | $37,241 |
| All other expenses | $0 |
| Total functional expenses | $273,663,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,752,008 |
| Savings and temporary cash investments | $1,521,068 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,049,469 |
| 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 | $14,631 |
| Net Land, buildings, and equipment | $750,335 |
| Investments—publicly traded securities | $25,276,805 |
| Investments—other securities | $102,913,348 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $168,277,664 |
| Accounts payable and accrued expenses | $3,197,283 |
| 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 | $2,911,081 |
| Total liabilities | $6,108,364 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $162,169,300 |
| Total liabilities and net assets/fund balances | $168,277,664 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Line Construction Benefit Fund Lombard, IL | $1,499,726,971 | $1,007,885,123 |
Chs Community Health Systems Inc Veba Trust Franklin, TN | $6,362 | $692,904,149 |
Accenture United States Benefit Chicago, IL | $73,988,977 | $691,324,713 |
Safeway Inc Welfare Benefit Tr Chicago, IL | $0 | $500,055,601 |
Exelon Corporation Employees Benefit Trust Chicago, IL | $65,808,636 | $520,300,939 |
Midwest Operating Engineers Welfare Fund Countryside, IL | $1,803,952,687 | $632,490,889 |
United Airlines Employee Sick Leave Tr Chicago, IL | $37,583,032 | $320,362,024 |
Christian Brothers Employee Benefit Trust Romeoville, IL | $200,286,111 | $339,796,574 |
Chicago District Council Of Carpenters Welfare Fund Chicago, IL | $1,016,590,757 | $296,188,790 |
Carpenters Health & Welfare Trust Fund Of St Louis St Louis, MO | $168,277,664 | $240,301,966 |
Electrical Insurance Trustees Chicago, IL | $773,934,785 | $263,143,563 |
Concordia Health Plan St Louis, MO | $188,828,015 | $265,014,136 |