Cause IQ organization profile

Building Service 32BJ Health Fund

Form 990s | Financials | Vendors | Personnel | Peers

Building Service 32BJ Health Fund is a health or welfare fund based in New York, NY that was founded in 1978. As of 2017 they had $1.2 billion in revenue and $1.1 billion in assets.

Established to provide health benefits (medical, hospital, prescription, dental, vision, employee assistance program, disease management), death benefits, life insurance, accidental death and dismemberment and long-term disability to its eligible part...

EIN:
13-2928869
Location:
New York, NY
Type:
501(c)(9)
NTEE:
E83: Health Care Financing
Revenue:
$1,275,377,884
Assets:
$1,146,333,179
Employees:
418
Founded:
1978

Form 990s for Building Service 32BJ Health Fund

Fiscal year endingDate received by IRSFormPDF link
2017-06Apr 10, 2018990 PDF
2016-06Sep 25, 2017990O PDF
2015-06Aug 10, 2016990O PDF
2014-06Jul 20, 2015990O PDF
2013-06Jun 26, 2014990O PDF
...and four more Form 990 PDFs

Financials for Building Service 32BJ Health Fund

Revenues

Field2017
Federated campaigns$0
Membership dues$0
Fundraising event contributions$0
Related organizations$0
Government grants (contributions)$0
Normal grants, contributions, etc.$0
Non-cash contributions$0
Program services$1,267,042,500
Investment income and dividends$2,065,240
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$447,807
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,822,337
Total revenues$1,275,377,884

Expenses

Field2017
Grants to govts. and orgs. in USA$0
Grants to individuals in USA$0
Grants to govts., orgs., and individuals outside USA$0
Benefits paid to or for members$1,061,558,180
Compensation of current officers, etc.$805,242
Compensation not included above, to disqualified persons$0
Non-officer salaries and wages$18,352,009
Pension/retirement accruals and contributions$2,401,700
Other employee benefits$3,658,134
Payroll taxes$1,610,136
Management fees$0
Legal fees$1,599,505
Accounting fees$126,681
Lobbying fees$0
Pro. fundraising fees$0
Investment mgmt fees$484,239
Other fee-for-service$44,609,843
Advertising and promotion$0
Office expenses$910,515
Information tech. expenses$919,526
Royalty expenses$0
Occupancy$5,288,802
Travel$25,819
Public official travel and entertainment$0
Conferences, meetings, etc.$48,105
Interest$8,147
Payments to affiliates$0
Depreciation, amortization, etc.$6,013,049
Insurance$485,304
All other expenses$4,177,326
Total expenses$1,153,082,262

Assets

Field2017
Cash (non-interest-bearing)$8,878,655
Savings, short-term investments, etc.$77,291,170
Pledges and grants receivable$0
Accounts receivable$128,952,165
Loans receivable from officers, directors, etc.$0
Loans receivable from other disqualified persons$0
Notes and loans receivable$0
Inventories for use$0
Prepaid expenses and deferred charges$5,603,358
Buildings, equipment, etc. post-depreciation$157,214,928
Investments, publicly traded securities$0
Investments, other securities$742,311,779
Investments, program-related$0
Intangible assets$0
Other assets$26,081,124
Total assets$1,146,333,179

Liabilities

Field2017
Accounts payable and accrued expenses$2,308,344
Grants payable$0
Deferred revenue$0
Tax-exempt bond liabilities$0
Escrow or custodial account liability$0
Loans payable to officers and disqualified persons$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other liabilities$2,338,247
Total liabilities$4,646,591

Net asset restrictions

Field2017
Unrestricted net assets$0
Temporarily restricted net assets$0
Permanently restricted net assets$0

Performance indicators

Field2017
Total margin9.6%
Working capital$218,417,004
Current assets$220,725,348
Current liabilities$2,308,344
Days cash on hand27 days
Acid test liquidity ratio93.19

Vendors for Building Service 32BJ Health Fund

VendorServicesAmount paidDate
KimbiaFundraising software2018-10-10
███████ ███ ████Fundraising software; Payment processing2018-10-10
████████████████ ██Tax accounting2018-03-23
███ ████████ ███████████Presc Administrator$1,482,6282017-06-01
█████ ██████Dental Claims Administration$1,788,1092017-06-01
██████ ████ █████ ████ ██████Medical Claims Administration$34,570,9192017-06-01
████████████ ████ █████Medical Claims Administration$2,417,2282017-06-01
██████ ███████ █████ ███Computer Consultant$1,659,3112017-06-01
...and one more vendors

Personnel at Building Service 32BJ Health Fund

NameTitleCompensationMost recent data
Susan CowellExecutive Director$258,970June 30, 2017
█████ ██████Director , Technology and Operations$212,411June 30, 2017
██████ ████████Director of Finance$0June 30, 2017
█████ ████████Director of Human Resources$191,881June 30, 2017
██████ ███████Director of Health Fund$224,945June 30, 2017
████ ██████Director of Accounting$196,548June 30, 2017
██████ ██████Director of Billing and Collections$187,161June 30, 2017
████████ ██████Director of Compliance$204,516June 30, 2017
██████ ████████ ██████ ██████████Trustees-April 6, 2018
██████ ██████████Trustee and Secretary$0June 30, 2017
...and five more key personnel

Peer health and welfare funds

 NameTypeRevenueLocation
1New York Hotel Trades Council and Hotel Association of Nyc Health Benefits Fund501(c)(9)$515 millionNew York, NY
2Nyc District Council of Carpenters Welfare Fund501(c)(9)$483 millionNew York, NY
3Line Construction Benefit Fund501(c)(9)$536 millionLombard, IL
4Special Agents Mutual Benefit (SAMBA)501(c)(9)$324 millionRockville, MD
5Government Employees Health Association Inc501(c)(9)$3.5 billionLees Summit, MO
6American Postal Workers Union Health Plan (APWU)501(c)(9)$1.3 billionGlen Burnie, MD
7YMCA Retirement Fund501(c)(3)$516 millionNew York, NY
8Motion Picture Industry Pension and Health Plans (MPIPHP)501(c)(9)$794 millionStudio City, CA
9National Elevator Industry Health Benefit Plan501(c)(9)$902 millionNewtown Square, PA
10Central States SE & SW Areas Health & Welfare F501(c)(9)$3.5 billionRosemont, IL
11Northeast Carpenters Health Fund501(c)(9)$329 millionEdison, NJ
12Delta Dental of Washington501(c)(4)$1.2 billionSeattle, WA
13Maine Community Health Options501(c)(29)$435 millionLewiston, ME
14University of British Columbia Faculty Pension Plan (UBC FPP)501(c)(3)$475 millionCanada,

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