Writers Guild-Industry Health Fund
- Assets
- $387.0m
- Revenue
- $233.4m
- Investments
- $320.6m
- Employees
- 0
- Location
- Burbank, CA
- Founding
- 07/1971
- Data as of
- 12/2021
- EIN
- 23-7108536
Organization Overview
Writers Guild-Industry Health Fund is located in Burbank, CA. The organization was established in 1971. 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. Writers Guild-Industry Health 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, Writers Guild-Industry Health Fund generated $233.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $209.6m during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FUND, PURSUANT TO A COLLECTIVE BARGAINING AGREEMENT, PROVIDES HEALTH BENEFITS AND RELATED ADMINISTRATIVE EXPENSES INCURRED FOR THE BENEFIT OF ELIGIBLE MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUND PROVIDES HEALTH BENEFITS AND RELATED ADMINISTRATIVE EXPENSES, FOR THE BENEFIT OF ELIGIBLE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Szentgyorgyi Chair | OfficerTrustee | 1 | $0 |
Zoanne Clack Vice-Chair | OfficerTrustee | 1 | $0 |
Laura Ritchie Secretary | OfficerTrustee | 1 | $0 |
Mark Stubington Vice-Secretary | OfficerTrustee | 1 | $0 |
Jim Hedges CEO | Officer | 20 | $0 |
Alan Weidlich Cio | Officer | 22 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bluecross Life Health Insurance C Health Network Fees | 12/30/21 | $2,621,504 |
Producer Writers Guild Of America P Admin. Services | 12/30/21 | $7,194,161 |
Trpn Direct Pay Network Fee Savings | 12/30/21 | $1,416,170 |
Ntt America Solultions Computer Maintenance | 12/30/21 | $1,076,416 |
Saveonsp Llc Network Fee Savings | 12/30/21 | $1,012,164 |
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 | $224,690,943 |
| Investment income | $4,489,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,322,057 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $233,369,585 |
| 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 | $186,682,392 |
| 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 | $763,257 |
| Fees for services: Accounting | $150,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $191,578 |
| Fees for services: Other | $9,878,684 |
| Advertising and promotion | $0 |
| Office expenses | $814,094 |
| Information technology | $1,749,027 |
| Royalties | $0 |
| Occupancy | $1,033,140 |
| Travel | $3,310 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,702 |
| Interest | $7 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $684,576 |
| Insurance | $266,243 |
| All other expenses | $80,287 |
| Total functional expenses | $209,633,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,928,783 |
| Savings and temporary cash investments | $34,634,703 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,037,207 |
| 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 | $1,745,736 |
| Net Land, buildings, and equipment | $2,636,219 |
| Investments—publicly traded securities | $6,592 |
| Investments—other securities | $320,632,096 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $408,840 |
| Total assets | $387,030,176 |
| Accounts payable and accrued expenses | $2,198,921 |
| Grants payable | $0 |
| Deferred revenue | $2,572,968 |
| 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 | $1,386,884 |
| Total liabilities | $6,158,773 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $380,871,403 |
| 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 | $387,030,176 |