W G Yates & Sons Construction Co & Affl Companies Emplyees Med Ben Pl
- Assets
- $374.5k
- Revenue
- $14.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, MS
- Founding
- 07/1993
- Data as of
- 12/2021
- EIN
- 58-2048957
Organization Overview
W G Yates & Sons Construction Co & Affl Companies Emplyees Med Ben Pl is located in Philadelphia, MS. The organization was established in 1993. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. W G Yates & Sons Construction Co & Affl Companies Emplyees Med Ben Pl 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, W G Yates & Sons Construction Co & Affl Companies Emplyees Med Ben Pl generated $14.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $15.0m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THIS IS A TRUST THAT HOLDS AND INVESTS ASSETS OF THE MEDICAL BENEFIT PLAN WHICH PROVIDES MEDICAL BENEFITS FOR THE EMPLOYEES OF W. G. YATES & SONS CONSTRUCTION COMPANY AND AFFILIATED COMPANIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST HOLDS AND INVESTS ASSETS FOR THE W. G. YATES & SONS CONSTRUCTION COMPANY MEDICAL BENEFITS PLAN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
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 | $14,282,282 |
| Investment income | $1,050 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,283,332 |
| 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 | $11,428,843 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $585,734 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $2,047,762 |
| All other expenses | $0 |
| Total functional expenses | $15,049,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,510 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $374,510 |
| Accounts payable and accrued expenses | $0 |
| 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 | $481,332 |
| Total liabilities | $481,332 |
| 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 | -$106,822 |
| Total liabilities and net assets/fund balances | $374,510 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W G Yates & Sons Construction Co & Affl Companies Emplyees Med Ben Pl Philadelphia, MS | $374,510 | $14,283,332 |
Ductile Iron Pipe Research Assn Birmingham, AL | $1,195,921 | $5,407,671 |
Memphis Construction Benefit Fund Goodlettsville, TN | $6,890,187 | $3,000,940 |
Southwest Louisiana Construction Users Council Lake Charles, LA | $10,312,285 | $1,410,861 |
International Union Of Operating Engineers Cordova, TN | $3,221,802 | $1,188,730 |
International Union Of Operating Engineer 312 Birmingham, AL | $3,072,917 | $787,293 |
Engineering Association Inc Knoxville, TN | $1,170,123 | $632,440 |
American Council Of Engineering Companies Of Louisiana Inc Baton Rouge, LA | $183,722 | $625,161 |
Louisiana Engineering Society Baton Rouge, LA | $329,765 | $574,776 |
American Council Of Engineering Companies Of Alabama Montgomery, AL | $318,800 | $519,240 |
American Society Of Civil Engineers Jacksonville, AR | $438,361 | $494,167 |
International Union Of Operating Engineers Local No 653 Mobile, AL | $1,235,592 | $378,966 |