Kansas Building Trades Openend Health And Welfare Fund is located in Topeka, KS. 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 12/2021, Kansas Building Trades Openend Health And Welfare Fund employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas Building Trades Openend Health And Welfare 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, Kansas Building Trades Openend Health And Welfare Fund generated $10.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $11.4m during the year ending 12/2021. 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
TO PROVIDE PARTICIPATING UNION EMPLOYEES HEALTH AND WELFARE BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HEALTH AND WELFARE BENEFITS TO UNION EMPLOYEES PER COLLECTIVE BARGAINING AGREEMENTS. BENEFITS ARE PROVIDED FOR APPROXIMATELY 1,200 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Muckenthaler Plan Manager | Officer | 36 | $55,991 |
Jamie Desmarais Chairman | Officer | 1 | $0 |
Mitch Rowley Ex-Officio | Officer | 1 | $0 |
Steve Mohan Secretary/tr | Officer | 1 | $0 |
Rick Kendall Co-Chairman | Officer | 1 | $0 |
Kevin Bayless Committee Me | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $57,700 |
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 | $57,700 |
Total Program Service Revenue | $8,538,040 |
Investment income | $615,192 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $7,200 |
Net Gain/Loss on Asset Sales | $872,174 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,090,306 |
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 | $10,811,938 |
Compensation of current officers, directors, key employees. | $55,991 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $139,616 |
Pension plan accruals and contributions | $37,560 |
Other employee benefits | $56,366 |
Payroll taxes | $15,682 |
Fees for services: Management | $0 |
Fees for services: Legal | $21,558 |
Fees for services: Accounting | $35,782 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $78,322 |
Fees for services: Other | $95,047 |
Advertising and promotion | $0 |
Office expenses | $37,884 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,953 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $584 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $55,753 |
Insurance | $17,908 |
All other expenses | -$157,849 |
Total functional expenses | $11,427,259 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100 |
Savings and temporary cash investments | $249,895 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $818,352 |
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 | $3,774 |
Net Land, buildings, and equipment | $200,525 |
Investments—publicly traded securities | $36,221,774 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $419,726 |
Total assets | $37,914,146 |
Accounts payable and accrued expenses | $115,778 |
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 | $2,980,235 |
Total liabilities | $3,096,013 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $34,818,133 |
Total liabilities and net assets/fund balances | $37,914,146 |