Union Workers Benefit Tr

Organization Overview

Union Workers Benefit Tr is located in Bath, ME. The organization was established in 1996. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Union Workers Benefit Tr is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 09/2023, Union Workers Benefit Tr generated $5.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $5.3m during the year ending 09/2023. While expenses have increased by 4.9% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE INSURANCE BENEFITS TO ELIGIBLE MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE DENTAL, SUPPLEMENTAL ACCIDENT & SICKNESS, AND LONG-TERM DISABILITY INSURANCE BENEFITS TO ELIGIBLE MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Glenn Burroughs
Chairman
$0
Trent Vellella
Co Chair
$0
Danny Loudermilk
Trustee
$0
Donyule Rector
Trustee
$0
Allyce Pepin
Trustee
$0
Lorraine Beaulieu
Trustee
$0

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$5,193,204
Investment income $31,106
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 $5,224,310

Peer Organizations

Organization NameAssets
Union Workers Benefit Tr
Bath, ME
$5,224,310
Maine Service Employees Asso Service Employees Int Union L 1989
Augusta, ME
$5,450,852
International Brotherhood Of Teamsters
Manchester, NH
$4,516,980
International Brotherhood Of Teamsters
South Portland, ME
$2,793,203
International Association Of Machinists & Aerospace Workers
Lisbon Falls, ME
$2,319,539
International Brotherhood Of Electrical Workers
Manchester, ME
$1,854,107
Business And Industry Association Of Nh
Concord, NH
$1,498,497
New Hampshire Automobile Dealers Association Inc
Bow, NH
$1,724,398
Communication Workers Of America
Brentwood, NH
$813,076
American Federation Of Labor & Congress Of Industrial Orgs
Augusta, ME
$985,041
International Brotherhood Of Electrical Workers
Augusta, ME
$777,771
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe
Augusta, ME
$718,180
International Brotherhood Of Electrical Workers
Manchester, NH
$887,035
International Brotherhood Of Electrical Workers
Concord, NH
$845,466
International Brotherhood Of Electrical Workers
Lewiston, ME
$1,351,375
American Postal Workers Union
Manchester, NH
$579,224
International Brotherhood Of Electrical Workers
Newport, ME
$910,266
American Federation Of Labor & Congress Of Industrial Orgs
Hooksett, NH
$571,890
International Association Of Fire Fighters
Concord, NH
$820,737
International Union United Auto Aerospace & Agricultural Workers
Bath, ME
$613,660
American Federation Of Teachers
Newton, NH
$391,553
International Brotherhood Of Teamsters
Manchester, NH
$0
Laborers International Union Of North America
Portsmouth, NH
$297,181
Laborers International Union Of North America
Augusta, ME
$172,607
International Association Of Machinists & Aerospace Workers
Bath, ME
$255,505

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