National Roofers Union & Employers Joint Health & Welfare Fund is located in Bloomington, MN. The organization was established in 1976. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Roofers Union & Employers Joint Health & 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 05/2022, National Roofers Union & Employers Joint Health & Welfare Fund generated $10.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $9.1m during the year ending 05/2022. While expenses have increased by 1.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH BENEFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kinsey Robinson Trustee | Trustee | 1 | $0 |
Jeffrey Eppenstein Trustee - New | Trustee | 1 | $0 |
John Plescia Trustee | Trustee | 1 | $0 |
Dennis Conway Trustee | Trustee | 1 | $0 |
Paul Blaski Trustee | Trustee | 1 | $0 |
Douglas Ziegler Trustee - Past | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cigna Medical Ppo Provider | 5/30/22 | $298,646 |
Wilson Mcshane Corporation Third Party Administrator | 5/30/22 | $258,000 |
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 | $9,522,176 |
Investment income | $801,813 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$72,363 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,251,636 |
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 | $8,596,829 |
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 | $263,000 |
Fees for services: Legal | $35,377 |
Fees for services: Accounting | $47,667 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $29,688 |
Fees for services: Other | $101,338 |
Advertising and promotion | $0 |
Office expenses | $2,533 |
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 | $12,246 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $19,225 |
All other expenses | $0 |
Total functional expenses | $9,124,503 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $468,955 |
Savings and temporary cash investments | $1,200,933 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,216,491 |
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 | $20,740,832 |
Investments—other securities | $2,089,927 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $25,717,138 |
Accounts payable and accrued expenses | $30,014 |
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 | $30,014 |
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 | $25,687,124 |
Total liabilities and net assets/fund balances | $25,717,138 |
Organization Name | Assets | Revenue |
---|---|---|
South Dakota Bankers Benefit Plan Trust Pierre, SD | $10,846,248 | $20,987,346 |
Unitypoint Rural Health Alliance Benefits Trust West Des Moines, IA | $3,657,607 | $21,953,031 |
Electrical Workers Health & Welfare Fund Duluth, MN | $27,423,421 | $24,491,701 |
South Central Minnesota Electrical Workers Industry Welfare Plan Bloomington, MN | $63,328,603 | $16,507,851 |
Wisconsin Masons Health Care Fund Madison, WI | $30,780,214 | $23,411,626 |
Brakebush Brothers Inc Welfare Benefits Tr Westfield, WI | $3,046,409 | $16,978,203 |
Supervalu Group Health And Welfare Trust Eden Prairie, MN | $85,950 | $5,243,851 |
Duluth Building Trades Welfare Fund Duluth, MN | $35,749,617 | $16,928,009 |
Iron Workers-8 Welfare Fund Milwaukee, WI | $49,277,727 | $20,356,185 |
Local 434 Health & Welfare Fund Mosinee, WI | $32,404,041 | $17,650,716 |
St Paul Electrical Workers Regular St Paul, MN | $17,814,839 | $14,061,192 |
3m Employees Benefit Association St Paul, MN | $4,759,635 | $14,822,010 |