St Louis Glass & Allied Industries Health & Welfare Insurance Fund is located in Saint Louis, MO. The organization was established in 1980. 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 10/2020, St Louis Glass & Allied Industries Health & Welfare Insurance Fund employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Louis Glass & Allied Industries Health & Welfare Insurance Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 10/2020, St Louis Glass & Allied Industries Health & Welfare Insurance Fund generated $3.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $3.3m during the year ending 10/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE UNION MEMBERS AND THEIR DEPENDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MEDICAL, PHARMACY, LIFE, DISABILITY, DENTAL AND VISION BENEFITS TO THE ELIGIBLE MEMBERS OF GLAZIERS AND GLASSWORKERS LOCAL 513 AND THEIR DEPENDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Deeken Union Trustee | Trustee | 1 | $0 |
Curtis Kimbrell Union Trustee | Trustee | 1 | $0 |
William Snow Employer Trustee | Trustee | 1 | $0 |
Roger Sandbothe Employer Trustee | Trustee | 1 | $0 |
Timothy Brown Employer Trustee | Trustee | 1 | $0 |
Carl Farrell Union Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $130,409 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $19,654 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,259,244 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $2,524,904 |
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 | $24,686 |
Fees for services: Accounting | $63,868 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $30,230 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $6,134 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,613 |
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 | $763 |
All other expenses | $0 |
Total functional expenses | $3,265,845 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $220,286 |
Savings and temporary cash investments | $590,256 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $392,978 |
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 | $3,092 |
Investments—publicly traded securities | $5,225,925 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,432,537 |
Accounts payable and accrued expenses | $6,952 |
Grants payable | $0 |
Deferred revenue | $24,071 |
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 | $512,968 |
Total liabilities | $543,991 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $5,888,546 |