Rocky Mountain Ufcw Unions & Employers Health Benefit Fund
- Assets
- $40.2m
- Revenue
- $131.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Arvada, CO
- Founding
- 04/1966
- Data as of
- 04/2022
- EIN
- 84-6044454
Organization Overview
Rocky Mountain Ufcw Unions & Employers Health Benefit Fund is located in Arvada, CO. The organization was established in 1966. 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. Rocky Mountain Ufcw Unions & Employers Health Benefit Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 04/2022, Rocky Mountain Ufcw Unions & Employers Health Benefit Fund generated $131.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $128.1m during the year ending 04/2022. While expenses have increased by 1.3% 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
PROVIDE HEALTH BENEFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HEALTH, LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT, DENTAL, VISION, PRESCRIPTION AND TEMPORARY DISABILITY BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leroy Westmoreland Trustee | Trustee | 1 | $0 |
Bob Mclauchlin Trustee | Trustee | 1 | $0 |
Sean Hammond Trustee | Trustee | 1 | $0 |
Andy Lukes Trustee | Trustee | 1 | $0 |
Kim Cordova Trustee | Trustee | 1 | $0 |
Leah Dowodzenka Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Zenith American Solutions Third Party Administrator | 4/29/22 | $2,348,261 |
The Segal Company Inc Consulting Services | 4/29/22 | $239,955 |
Reinhart Boerner Van Deuren Sc Legal Services | 4/29/22 | $255,020 |
Spencer Fane Llp Legal Services | 4/29/22 | $202,317 |
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 | $131,199,729 |
| Investment income | $185,677 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$191,473 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $131,376,126 |
| 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 | $121,298,970 |
| 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 | $2,066,112 |
| Fees for services: Legal | $473,027 |
| Fees for services: Accounting | $91,224 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,891 |
| Fees for services: Other | $3,673,026 |
| Advertising and promotion | $0 |
| Office expenses | $352,413 |
| 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 | $20,639 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $64,211 |
| All other expenses | $33,439 |
| Total functional expenses | $128,090,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,257,672 |
| Savings and temporary cash investments | $9,207,430 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,628,193 |
| 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 | $56,615 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $14,014,804 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,164,714 |
| Accounts payable and accrued expenses | $150,271 |
| Grants payable | $0 |
| Deferred revenue | $374,785 |
| 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 | $525,056 |
| 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 | $39,639,658 |
| Total liabilities and net assets/fund balances | $40,164,714 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Teamsters Western Region And New Jersey Health Care Fund Phoenix, AZ | $2,785,434,314 | $1,104,803,734 |
Shell Medical Plan Phoenix, AZ | $59,819,611 | $509,542,348 |
Deseret Healthcare Employee Benefits Trust Salt Lake City, UT | $421,476,421 | $495,688,366 |
Arizona Electric Power Cooperative Inc Benson, AZ | $458,434,453 | $235,277,760 |
United Food & Commercial Workers & Emps Arizona Health & Welfare Tr Phoenix, AZ | $142,595,036 | $114,391,174 |
Union Pacific Railroad Employes Health Systems Salt Lake City, UT | $142,809,394 | $140,870,577 |
Rocky Mountain Ufcw Unions & Employers Health Benefit Fund Arvada, CO | $40,164,714 | $131,376,126 |
Citgo Employees Benefit Trust Tulsa, OK | $49,627,698 | $95,340,803 |
Security Benefit Hra Indiana Veba Tr Topeka, KS | $320,023,006 | $39,081,918 |
Hntb Employee Health And Welfare Trust Wichita, KS | $1,240,243 | $68,282,805 |
First National Of Nebraska Inc Welfare Benefit Plan Trust Omaha, NE | $7,042,595 | $66,485,024 |
Kansas Bankers Association Welfare Benefit Fund Topeka, KS | $24,697,170 | $64,407,624 |