Pacificorp Union Employees Welfare Benefits Trust

Organization Overview

Pacificorp Union Employees Welfare Benefits Trust is located in Portland, OR. The organization was established in 1996. 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.

For the year ending 12/2019, Pacificorp Union Employees Welfare Benefits Trust generated $18.5m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $10.2m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 5 years. 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

THIS VEBA PROVIDES POST RETIREMENT MEDICAL BENEFITS FOR ELIGIBLE BARGAINING RETIREES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BENEFITS PAID TO MEMBERS


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $4,389,595
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,732,087
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $18,520,323

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