Denver Theater Stage Emp Union Local 7 Health And Welfare Tr Fund
- Assets
- $7.3m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 04/2017
- Data as of
- 12/2020
- EIN
- 46-7508056
Organization Overview
Denver Theater Stage Emp Union Local 7 Health And Welfare Tr Fund is located in Denver, CO. The organization was established in 2017. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, 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. Denver Theater Stage Emp Union Local 7 Health And Welfare Tr Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2020, Denver Theater Stage Emp Union Local 7 Health And Welfare Tr Fund generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2020. 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 OTHER BENEFITS TO ELIGIBLE PARTICIPANTS AND COVERED DEPENDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS AND COVERED DEPENDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Ladany Union Trustee | Trustee | 1 | $0 |
Toby Wilson Employer Trustee | Trustee | 1 | $0 |
Philip Hiester Union Trustee | Trustee | 1 | $0 |
Jay Trepp 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 | $1,183,355 |
| Investment income | $319,848 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,549 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,492,654 |
| 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 | $2,719,585 |
| 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 | $42,769 |
| Fees for services: Legal | $50,856 |
| Fees for services: Accounting | $20,996 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,760 |
| Fees for services: Other | $24,663 |
| Advertising and promotion | $0 |
| Office expenses | $884 |
| 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 | $3,498 |
| All other expenses | $2,564 |
| Total functional expenses | $2,905,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $610 |
| Savings and temporary cash investments | $301,911 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $101,578 |
| 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 | $17,047 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,906,765 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,327,911 |
| Accounts payable and accrued expenses | $1,740 |
| 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 | $2,899,285 |
| Total liabilities | $2,901,025 |
| Net assets without donor restrictions | $4,426,886 |
| 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 | $7,327,911 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dolese Bros Co Veba Trust Oklahoma City, OK | $445,170 | $18,567,104 |
Security Benefit Voluntary Employee Benefits Trust Topeka, KS | $8,971,647 | $18,230,736 |
Worldatwork Scottsdale, AZ | $26,461,650 | $14,061,947 |
Balls Price Chopper Employee Benefit Plan & Trust Kansas City, KS | $0 | $12,111,807 |
National Crop Insurance Services Incorporated Overland Park, KS | $14,876,300 | $11,753,443 |
Ag Processing Inc Welfare Benefits Funds Omaha, NE | $532,385 | $8,388,903 |
Utah Automobile Dealers Association Insurance Trust Murray, UT | $2,618,814 | $8,161,346 |
Kaiser-Francis Employees Benefit Tr Tulsa, OK | $1,100,579 | $8,088,672 |
Whitney Benefits Inc Sheridan, WY | $0 | $8,065,168 |
City Of Hope Self Ins Trust 1-08243-00-2 Union Bank Ttee Phoenix, AZ | $2,960,993 | $6,033,607 |
New Mexico Property Insurance Program Albuquerque, NM | $10,306,888 | $4,751,492 |
Arizona Childrens Risk Solutions Phoenix, AZ | $42,245,805 | $7,064,411 |