Hunter Engineering Company Welfare Plan Trust I

Organization Overview

Hunter Engineering Company Welfare Plan Trust I is located in Bridgeton, MO. The organization was established in 1992. 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. Hunter Engineering Company Welfare Plan Trust I is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2019, Hunter Engineering Company Welfare Plan Trust I generated $7.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $9.1m during the year ending 12/2019. While expenses have increased by 14.8% per year over the past 5 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A COMPREHENSIVE HEALTH PLAN FOR ELIGIBLE EMPLOYEES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE WELFARE PLAN IS ESTABLISHED BY HUNTER ENGINEERING COMPANY TO PROVIDE HEALTH INSURANCE FOR ITS APPROXIMATELY 860 ENROLLEES WHO MEET THE SERVICE AND OTHER REQUIREMENTS DESCRIBED IN THE WELFARE BENEFIT PLAN ADOPTED BY THE COMPANY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Anthem Blue Cross Blue Shield
Contract Administration
$516,770
Twin City Fire Insurance Company
Stop Loss Insurance
$439,021
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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$7,029,979
Investment income $33,973
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,483
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,061,469

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