Las Vegas Firefighters Health & Welfare Trust is located in Las Vegas, NV. The organization was established in 1981. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations 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. Las Vegas Firefighters Health & Welfare 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, Las Vegas Firefighters Health & Welfare Trust generated $14.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $14.1m during the year ending 12/2021. While expenses have increased by 3.5% 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
HEALTH AND WELFARE INSURANCE PLAN
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH AND WELFARE BENEFITS AND PREMIUMS FOR AND COVERING PARTICIPANTS AND THEIR FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Kelley Chairman | Officer | 1 | $0 |
James Suarez Trustee | Trustee | 1 | $0 |
John Ridilla Trustee | Trustee | 1 | $0 |
Vince Zamora Trustee | Trustee | 1 | $0 |
John Krumm Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Brownstein Hyatt Farber Schreck Legal | 12/30/21 | $186,084 |
Hometown Health Administrative | 12/30/21 | $353,289 |
Navi Health Services Administrative | 12/30/21 | $140,992 |
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 | $14,600,180 |
Investment income | $64,934 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $240,488 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,905,602 |
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 | $13,208,579 |
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 | $485,085 |
Fees for services: Legal | $186,084 |
Fees for services: Accounting | $11,067 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $58,625 |
Fees for services: Other | $75,462 |
Advertising and promotion | $0 |
Office expenses | $20,205 |
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 | $3,502 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $19,199 |
All other expenses | $621 |
Total functional expenses | $14,111,655 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $613,931 |
Savings and temporary cash investments | $259,586 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $996,542 |
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 | $8,713 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $18,347,179 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $20,225,951 |
Accounts payable and accrued expenses | $3,829,889 |
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 | $3,829,889 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $16,396,062 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $20,225,951 |
Organization Name | Assets | Revenue |
---|---|---|
Educators Mutual Insurance Association Murray, UT | $192,680,781 | $54,287,384 |
Producers Health Benefits Plan Raleigh Studios West Covina, CA | $31,226,794 | $35,763,235 |
School Administrators Welfare Trust Las Vegas, NV | $4,655,060 | $27,258,047 |
All City Employees Benefits Service Association Los Angeles, CA | $8,641,222 | $26,619,696 |
San Diego County Teamsters-Employers Insurance Trus San Diego, CA | $15,215,936 | $26,957,147 |
Ocu Health & Welfare Trust Covina, CA | $276,724,794 | $27,957,263 |
United Firefighters Of La City Local 112 Los Angeles, CA | $12,153,836 | $22,230,938 |
Los Angeles City Employees Assoc Los Angeles, CA | $3,929,148 | $17,394,043 |
Clark County Firefighters Union Las Vegas, NV | $43,051,788 | $17,162,626 |
Elk Grove Benefits Employee Retirement Trust Elk Grove, CA | $203,519,150 | $24,003,210 |
Las Vegas Firefighters Health & Welfare Trust Las Vegas, NV | $20,225,951 | $14,905,602 |
Public Employee Benefit Tr Of Ca Glendale, CA | $33,411 | $11,074,985 |