United Food & Commercial Workers Local 1000-Okla Health & Welf Fund
- Assets
- $11.6m
- Revenue
- $12.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Pembroke Pines, FL
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 02-0642001
Organization Overview
United Food & Commercial Workers Local 1000-Okla Health & Welf Fund is located in Pembroke Pines, FL. The organization was established in 2003. 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. United Food & Commercial Workers Local 1000-Okla Health & Welf Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, United Food & Commercial Workers Local 1000-Okla Health & Welf Fund generated $12.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $9.6m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FUNDS PURPOSE IS TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS UNDER TERMS A COLLECTIVE BARGAINING AGREEMENT BETWEEN THE EMPLOYER AND UFCW LOCAL 1000
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL AND HEALTH BENEFITS PAID TO OR FOR ELIGIBLE PARTICIPANTS AND RELATED ADMINISTRATIVE EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricky Burris Union Trustee | Trustee | 1 | $0 |
Al Friesen Employer Trustee | Trustee | 1 | $0 |
Fitz Jennings Union Trustee | Trustee | 1 | $0 |
John Cripe Employer Trustee | Trustee | 1 | $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 | $12,255,421 |
| Investment income | $95,358 |
| 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 | $12,357,962 |
| 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 | $8,435,607 |
| 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 | $859,617 |
| Fees for services: Legal | $16,423 |
| Fees for services: Accounting | $71,588 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,029 |
| Fees for services: Other | $101,738 |
| Advertising and promotion | $0 |
| Office expenses | $83,491 |
| 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 | $19,038 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,315 |
| All other expenses | $19,106 |
| Total functional expenses | $9,631,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,740,836 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,227,575 |
| 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 | $8,669,045 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,637,456 |
| Accounts payable and accrued expenses | $88,864 |
| 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 | $1,833,000 |
| Total liabilities | $1,921,864 |
| Net assets without donor restrictions | $9,715,592 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $11,637,456 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Erc Inc Veba Tr Huntsville, AL | $599,093 | $18,794,118 |
Tampa Firefighters And Police Officers Employee Health Plan Pembroke Pines, FL | $3,443,224 | $20,445,899 |
Board Of Trustees South Florida Hotel & Culinary Employees Welfare Pembroke Pines, FL | $21,634,060 | $28,066,603 |
Davidson Hotel Company Health Care Trust Atlanta, GA | $5,182,784 | $19,057,359 |
Alabama Power Company Post Retirement Welfare Benefit Trust Atlanta, GA | $253,301,719 | $9,773,954 |
Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund Pembroke Pines, FL | $23,876,153 | $13,415,604 |
Building Trades Afl-Agc Welfare Fund Mobile, AL | $23,480,933 | $14,448,543 |
Alabama Bankers Association Health Benefit Tr Montgomery, AL | $676,968 | $10,977,548 |
Caci International Inc Health Benefits Trust Orlando, FL | $54,156 | $10,441,390 |
Dlh Solutions Inc Loganville, GA | $71,295 | $8,605,180 |
Ironworkers Local Union 92 Health And Welfare Fund Birmingham, AL | $0 | $2,117,299 |
Athens Restaurant Employees Health Insurance Fund Orlando, FL | $1,631,919 | $7,621,760 |