Kaiser Found Health Plan Inc Retiree Health & Welfare Plan Tr is located in Boston, MA. The organization was established in 2016. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, 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.
For the year ending 12/2019, Kaiser Found Health Plan Inc Retiree Health & Welfare Plan Tr generated $195.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (27.9%) each year. All expenses for the organization totaled $39.0m during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PLAN PROVIDES FUNDING FOR THE PAYMENT OF BENEFITS TO ELIGIBLE PERSONS.
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Aetos Alternatives Management Llc Investment Mgmt | 12/30/17 | $1,393,767 |
Bridgewater Llp Investment Mgmt | 12/30/17 | $1,353,449 |
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 | $28,500,000 |
Investment income | $92,437,011 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $74,506,959 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $195,443,970 |
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 | $0 |
Compensation of current officers, directors, key employees. | $197,707 |
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 | $799,624 |
Fees for services: Legal | $6,893 |
Fees for services: Accounting | $26,209 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,868,832 |
Fees for services: Other | $0 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $38,973,501 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $151,067,391 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $5,184,160,782 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,931,050 |
Total assets | $5,347,159,223 |
Accounts payable and accrued expenses | $143,717,113 |
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 | $0 |
Total liabilities | $143,717,113 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $5,203,442,110 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,347,159,223 |
Organization Name | Assets | Revenue |
---|---|---|
Bna Cash Basis Veba Trust Brooklyn, NY | $0 | $85,469,276 |
Iuoe Local 30 Benefits Fund Whitestone, NY | $126,621,202 | $64,505,840 |
Golub Corporation Employees Benefit Trust Schenectady, NY | $4,061,031 | $54,817,207 |
Kaiser Found Health Plan Inc Retiree Health & Welfare Plan Tr Boston, MA | $5,347,159,223 | $195,443,970 |
College Insurance Company Colchester, VT | $71,971,130 | $22,101,606 |
Social Service Employees Union Local 371 Welfare Fund New York, NY | $2,761,833 | $20,806,633 |
General Hospital Long Term Disability Trust Somerville, MA | $39,892,621 | $18,013,714 |
Lufthansa German Airlines Long Term Disability Benefits Pl Tr Uniondale, NY | $2,038,823 | $16,054,317 |
Welfare Fund Heat And Frost Insulators Local 12 Long Island City, NY | $28,338,661 | $18,041,497 |
Centers For Care Health Plan co Bronx Funding LLC Bronx, NY | $25,788,041 | $17,894,242 |
Workers Compensation Rating & Inspection Bureau Of Massachusetts Boston, MA | $6,131,583 | $15,957,644 |
Virginia Property And Casualty Insurance Luaranty Association Boston, MA | $144,852,215 | $15,166,647 |
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