Pipe Trades Industry Health & Welfare Plan

Organization Overview

Pipe Trades Industry Health & Welfare Plan is located in Terre Haute, IN. The organization was established in 1965. 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. As of 06/2022, Pipe Trades Industry Health & Welfare Plan employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pipe Trades Industry Health & Welfare Plan is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 06/2022, Pipe Trades Industry Health & Welfare Plan generated $42.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $39.8m during the year ending 06/2022. While expenses have increased by 1.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HEALTH AND WELFARE BENEFITS TO MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTH AND WELFARE BENEFITS PAID TO/FOR MEMBERS AND DEPENDENTS AND RELATED EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Stephanie Morgan
Admin Manager
$118,021
Mark Swaner
Sec-Treasurer
$0
Mark A Unger
Chairman
$0
John Bates
Vice-Chairman
$0
Kyle Henderson
Sec-Treasurer
$0
Keith Murt
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
United Healthcare
Pdp
$2,879,223
Anthem Insurance Company
Ppo
$1,175,861
R&e Software Designs
Software Consulting
$139,542
View All Vendors

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$42,404,295
Investment income $939,667
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$622,477
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $42,721,485

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