Utah Pipe Trades Welfare Trust Fund

Organization Overview

Utah Pipe Trades Welfare Trust Fund is located in Pleasanton, CA. The organization was established in 1965. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 09/2021, Utah Pipe Trades Welfare Trust Fund employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Utah Pipe Trades Welfare Trust Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 09/2021, Utah Pipe Trades Welfare Trust Fund generated $17.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $18.6m during the year ending 09/2021. 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

TO PROVIDE INSURANCE COVERAGE TO PARTICIPANTS AND FAMILY MEMBERS FROM CONTRIBUTIONS PAID BY EMPLOYERS IN ACCORDANCE WITH PLAN PROVISIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE INSURANCE COVERAGE TO PARTICIPANTS AND FAMILY MEMBERS FROM CONTRIBUTIONS PAID BY EMPLOYERS IN ACCORDANCE WITH PLAN PROVISIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Bergman
Trustee
$0
John Stevenson
Trustee
$0
Mike Beckstead
Trustee
$0
Jason Warner
Trustee
$0
Brett Christiansen
Trustee
$0
Jeremy Haslem
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cigna Health And Life Insurance Co
Admin Fees
$597,761
Benesys Administrators
Contract Admin.
$219,070
View All Vendors

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$16,688,667
Investment income $275,855
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $199,475
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,163,997

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