Western Refining & Affiliated Companies Employee Benefit Trust
- Assets
- $0.0
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Tempe, AZ
- Founding
- Data as of
- 12/2018
- EIN
- 95-3474698
Organization Overview
Western Refining & Affiliated Companies Employee Benefit Trust is located in Tempe, AZ. Western Refining & Affiliated Companies Employee Benefit Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2018, Western Refining & Affiliated Companies Employee Benefit Trust generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (44.3%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (44.3%) per year over the past 4 years. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL, VISION AND DENTAL BENEFITS, ACCIDENTAL DEATH AND DISMEMBERMENT COVERAGE, LIFE TO PROVIDE MEDICAL, VISION AND DENTAL BENEFITS, ACCIDENTAL DEATH AND DISMEMBERMENT COVERAGE, LIFE INSURANCE COVERAGE, LONG-TERM AND SHORT-TERM DISABILITY COVERAGE, HEALTH CARE AND DEPENDENT CARE REIMBURSEMENT PLANS, AND EMPLOYEE ASSISTANCE PLANS FOR ALL FULL TIME EMPLOYEES OF WESTERN REFINING AND AFFILIATED COMPANIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH AND WELFARE BENEFITS FOR THE EMPLOYEES AND THEIR DEPENDENTS OF THE PLAN SPONSOR OR ITS AFFILIATED COMPANIES. EFFECTIVE JANUARY 1, 2018, ALL FUNDING OF HEALTH AND WELFARE BEENFITS WERE PROCESSED THROUGH THE ANDEAVOR CAFETERIA PLAN." THE PLAN AND TRUST CEASED TO BE USED TO FUND AND PROVIDE PARTICIPANTS AND THEIR COVERED DEPENDENTS ONGOING, FURTHER BENEFITS, BUT DURING 2018, THE PLAN AND TRUST CONTINUED IN OPERATION SO AS TO PROCESS, PAY AND OTHERWISE RUN OUT CLAIMS INCURRED BY PARTICIPANTS AND THEIR COVERED DEPENDENTS (THE "RUN-OUT PROCESS").THE RUN-OUT PROCESS WAS COMPLETED PRIOR TO THE END OF 2018, SUCH THAT NO ASSETS REMAINED IN THE TRUST, NO ASSETS OF THE TRUST REMAINED, AND FURTHER, NO PLAN LIABILITIES REMAINED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Yoder Trustee | Trustee | 0.5 | $0 |
Susan Jenkins Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,921,276 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $2,921,276 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,921,276 |
| Total Program Service Revenue | $1,638 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,922,914 |
| 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 | $2,871,269 |
| 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 | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| 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 | $51,645 |
| Total functional expenses | $2,922,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |