Bechtel Employees Disability And Medical Benefit Trust is located in Glendale, AZ. The organization was established in 1971. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, 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. Bechtel Employees Disability And Medical 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 12/2021, Bechtel Employees Disability And Medical Benefit Trust generated $107.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $105.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING MEDICAL AND DENTAL BENEFITS FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING MEDICAL AND DENTAL BENEFITS FOR ITS MEMBERS.
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Willis Towers Watson Us Llc Consultant | 12/30/21 | $10,765 |
Cvs Contract Administrat | 12/30/21 | $221,672 |
Anthem Blue Cross Lhic Contract Administrat | 12/30/21 | $1,536,824 |
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 | $107,499,819 |
Investment income | $8,002 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,512 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $107,510,333 |
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 | $102,876,011 |
Compensation of current officers, directors, key employees. | $8,300 |
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 | $54,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $16,950 |
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 | $0 |
Total functional expenses | $105,669,872 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,082,526 |
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 | $12,822,966 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $254 |
Total assets | $13,905,746 |
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 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $13,905,746 |
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 | $13,905,746 |
Organization Name | Assets | Revenue |
---|---|---|
Pride Industries One Inc Roseville, CA | $50,846,526 | $118,516,340 |
Bechtel Employees Disability And Medical Benefit Trust Glendale, AZ | $13,905,746 | $107,510,333 |
Social Vocational Services Inc Torrance, CA | $112,333,942 | $126,666,542 |
Job Options Inc San Diego, CA | $21,828,598 | $65,418,603 |
Hope Services San Jose, CA | $34,940,680 | $52,401,913 |
Lincoln Training Center & Rehabilitation Workshop South El Monte, CA | $5,939,411 | $21,956,543 |
Abilitypath Redwood City, CA | $17,118,764 | $22,585,248 |
Tierra Del Sol Foundation Sunland, CA | $15,777,671 | $21,233,220 |
Northern California Inalliance Sacramento, CA | $14,812,049 | $20,528,387 |
Centers For Habilitation Tch Tempe, AZ | $15,476,606 | $18,250,392 |
Vocational Improvement Program Inc Rancho Cucamonga, CA | $11,426,905 | $18,954,396 |
Desertarc Palm Desert, CA | $13,861,862 | $17,111,228 |