Texas Gas Employee Welfare Benefits Trust

Organization Overview

Texas Gas Employee Welfare Benefits Trust is located in Houston, TX. The organization was established in 1989. 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. Texas Gas Employee Welfare Benefits Trust 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, Texas Gas Employee Welfare Benefits Trust generated $13.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $13.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SECTION 501(C)(9) VEBA TRUST ESTABLISHED TO PROVIDE HEALTH, LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT, LONG TERM DISABILITY, AND SEVERANCE BENEFITS TO ELIGIBLE PARTICIPANTS AND DEPENDENTS OF TEXAS GAS TRANSMISSION, LLC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THESE FUNDS WERE USED TO PROVIDE EMPLOYEE WELFARE BENEFITS IN ACCORDANCE WITH IRS SECTION 501(C)(9), AND SUCH FUNDS ARE HELD IN TRUST PURSUANT TO THE FEDERAL REGULATION COMMISSION.


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)Compensation
Charles Backstrom
Trustee
$0
Jamie Buskill
Trustee
$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$10,826,078
Investment income $1,886,363
Tax Exempt Bond Proceeds $775,827
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $319,664
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,807,932

Create an account to unlock the data you need.

or