Seattle Area Plumbing & Pipefitting
- Assets
- $61.3m
- Revenue
- $74.0m
- Investments
- $3.6m
- Employees
- 214
- Location
- Bothell, WA
- Founding
- 09/1969
- Data as of
- 06/2022
- EIN
- 91-0838639
Organization Overview
Seattle Area Plumbing & Pipefitting is located in Bothell, WA. The organization was established in 1969. 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. As of 06/2022, Seattle Area Plumbing & Pipefitting employed 214 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seattle Area Plumbing & Pipefitting is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2022, Seattle Area Plumbing & Pipefitting generated $74.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $76.1m during the year ending 06/2022. While expenses have increased by 5.1% per year over the past 6 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
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffery J Owen Chairman | OfficerTrustee | 1 | $0 |
Ed Kommers Secretary | OfficerTrustee | 1 | $0 |
Jerry Bush Trustee (outgoing) | Trustee | 1 | $0 |
Mark Webster Trustee (outgoing) | Trustee | 1 | $0 |
Joel Crabtree Trustee | Trustee | 1 | $0 |
Michael Kunkel Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kaiser Foundation Health Plan Of Wa Claims Administration | 6/29/22 | $1,443,601 |
Vera Whole Health Clinic Start Up | 6/29/22 | $2,520,288 |
Aetna Ppo Network | 6/29/22 | $654,818 |
Zenith American Solutions Inc Third Party Admin | 6/29/22 | $1,382,528 |
Delta Dental Of Washington Claims Administration | 6/29/22 | $168,332 |
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 | $72,376,510 |
| Investment income | $1,121,819 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $441,767 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,950,998 |
| 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 | $69,508,868 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,141 |
| Fees for services: Management | $5,173,359 |
| Fees for services: Legal | $88,263 |
| Fees for services: Accounting | $65,177 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $72,659 |
| Fees for services: Other | $945,809 |
| Advertising and promotion | $0 |
| Office expenses | $113,679 |
| 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 | $9,695 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,738 |
| All other expenses | $78,673 |
| Total functional expenses | $76,098,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,384,608 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,868,866 |
| 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 | $39,259 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $29,439,272 |
| Investments—other securities | $3,602,292 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $61,334,297 |
| Accounts payable and accrued expenses | $153,422 |
| 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 | $32,895,349 |
| Total liabilities | $33,048,771 |
| 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 | $28,285,526 |
| Total liabilities and net assets/fund balances | $61,334,297 |