Cahp Health Benefits Trust
- Assets
- $174.1m
- Revenue
- $195.5m
- Investments
- $6.5m
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 02/1982
- Data as of
- 12/2021
- EIN
- 94-2778108
Organization Overview
Cahp Health Benefits Trust is located in Sacramento, CA. The organization was established in 1982. 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. Cahp Health 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, Cahp Health Benefits Trust generated $195.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $177.1m during the year ending 12/2021. While expenses have increased by 1.2% 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
PROVIDE A SELF-INSURED HEALTH PLAN TO CAHP MEMBERS AND STAFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HEALTH CARE BENEFITS TO ELIGIBLE CALIFORNIA HIGHWAY PATROLMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Romanski Trustee | Trustee | 0.1 | $2,400 |
David Tirapelle Trustee | Trustee | 0.1 | $2,400 |
Terri Westbrook Trustee | Trustee | 0.1 | $2,400 |
Steve Lakich Trustee | Trustee | 0.1 | $1,800 |
Axel Reyes Trustee | Trustee | 0.1 | $1,500 |
Gordon Koolman Trustee | Trustee | 0.1 | $1,200 |
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 | $192,676,215 |
| Investment income | $2,226,194 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $606,378 |
| 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 | $195,508,787 |
| 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 | $166,412,788 |
| Compensation of current officers, directors, key employees. | $13,500 |
| 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 | $22,800 |
| Fees for services: Accounting | $41,400 |
| Fees for services: Lobbying | $51,744 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,354 |
| Advertising and promotion | $0 |
| Office expenses | $56,254 |
| Information technology | $10,420 |
| Royalties | $0 |
| Occupancy | $24,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,675 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,406 |
| Insurance | $57,469 |
| All other expenses | $22,152 |
| Total functional expenses | $177,140,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,309,188 |
| Savings and temporary cash investments | $73,731,200 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,540,200 |
| 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 | $26,908 |
| Net Land, buildings, and equipment | $27,938,304 |
| Investments—publicly traded securities | $58,070,342 |
| Investments—other securities | $6,512,353 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $174,128,495 |
| Accounts payable and accrued expenses | $4,572,164 |
| Grants payable | $0 |
| Deferred revenue | $21,318 |
| 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 | $18,190,905 |
| Total liabilities | $22,784,387 |
| 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 | $151,344,108 |
| Total liabilities and net assets/fund balances | $174,128,495 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern California Schools Voluntary Employees Benefits Assoc San Diego, CA | $183,534,319 | $919,105,914 |
Californias Valued Trust Fresno, CA | $240,185,223 | $775,584,606 |
Ccpoa Insurance Division Trust Sacramento, CA | $257,150,998 | $347,227,931 |
Los Angeles Police Relief Association Inc Los Angeles, CA | $220,452,514 | $268,762,188 |
Teachers Health Trust Las Vegas, NV | $83,729,755 | $178,689,748 |
Cahp Health Benefits Trust Sacramento, CA | $174,128,495 | $195,508,787 |
Southern California Ibew-Neca Health Trust Fund Pasadena, CA | $146,900,015 | $128,851,965 |
School District 1 Health & Welfare Trust Fund Tualatin, OR | $35,939,491 | $102,437,300 |
Los Angeles Firemens Relief Association Los Angeles, CA | $301,793,711 | $126,355,681 |
Los Angeles County Fire Fighters Local 1014 El Monte, CA | $309,492,833 | $115,023,931 |
Metropolitan Employees Benefits Ass Ociation Trust San Diego, CA | $3,014,637 | $65,709,658 |
Producers Health Benefits Plan Raleigh Studios West Covina, CA | $31,226,794 | $35,763,235 |