Cause IQ organization profile

Operating Engineers Health and Welfare Fund

Form 990s | Financials | Vendors | Personnel | Peers

Operating Engineers Health and Welfare Fund is a fraternal society based in Pasadena, CA that was founded in 1954. As of 2018 they had $252 million in revenue and $137 million in assets.

The fund's mission is to administer and provide medical, dental, vision, prescription drugs, disability and death benefits to the active and retired members of i.u.o.e local 12 and their dependents and beneficiaries. To provide medical benefits to app...

EIN:

95-6034886

City:

Pasadena

State:

California

Metro:

Los Angeles-Long Beach-Anaheim, CA

Website:

oefi.org

Founded:

1954

Type:

501(c)(9)

NTEE:

Y40: Fraternal organizations

Revenue:

$252,714,947

Assets:

$137,124,048

Employees:

Fiscal year end:

June

Revenue trends:

Asset trends:

Form 990s for Operating Engineers Health and Welfare Fund

Fiscal year ending	Date received by IRS	Form	PDF link
2018-06	Jul 23, 2019	990	View PDF
2017-06	May 14, 2018	990	View PDF
2016-06	Aug 18, 2017	990O	View PDF
2015-06	Aug 2, 2016	990O	View PDF
2014-06	May 18, 2015	990O	View PDF
...and four more Form 990 PDFs

Financials for Operating Engineers Health and Welfare Fund

Field	2018	2017
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$0

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$0
Program services	$251,761,521	$238,225,639	5.7%
Investment income and dividends	$1,307,011	$770,769	69.6%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$-484,984	$-452,414	-7.2%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$131,399	$9,723,220	-98.6%
Total revenues	$252,714,947	$248,267,214	1.8%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$229,478,686	$219,439,289	4.6%
Compensation of current officers, etc.	$0	$0
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$0	$4,666,122	-100%
Pension/retirement accruals and contributions	$0	$921,774	-100%
Other employee benefits	$0	$1,048,519	-100%
Payroll taxes	$0	$405,805	-100%
Management fees	$0	$0
Legal fees	$568,169	$500,790	13.5%
Accounting fees	$233,233	$102,601	127.3%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$194,300	$180,058	7.9%
Other fee-for-service	$353,128	$343,579	2.8%
Advertising and promotion	$0	$0
Office expenses	$0	$735,844	-100%
Information tech. expenses	$0	$799,116	-100%
Royalty expenses	$0	$0
Occupancy	$0	$786,501	-100%
Travel	$0	$20,544	-100%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$11,414	-100%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$0	$1,193,447	-100%
Insurance	$0	$1,948,454	-100%
All other expenses	$11,023,097	$1,567,914	603.0%
Total expenses	$241,850,613	$234,671,771	3.1%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$0	$1,548,076	-100%
Savings, short-term investments, etc.	$14,332,133	$17,572,942	-18.4%
Pledges and grants receivable	$0	$0
Accounts receivable	$29,942,171	$31,669,841	-5.5%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Buildings, equipment, etc. post-depreciation	$0	$0
Investments, publicly traded securities	$90,151,164	$65,090,113	38.5%
Investments, other securities	$0	$2,551,716	-100%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$2,698,580	$115,000	2246.6%
Total assets	$137,124,048	$118,547,688	15.7%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$281,103	$1,980,196	-85.8%
Grants payable	$0	$0
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$142,234,732	$132,130,000	7.6%
Total liabilities	$142,515,835	$134,110,196	6.3%

Field	2018	2017
Unrestricted net assets	$0	$0
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Operating Engineers Health and Welfare Fund

Vendor	Services	Amount paid	Date
WordPress	Content management system software		2019-08-17
██████ ██████ █████ ███	Tax accounting		2019-06-20
██████ ████ █████	Health Insurance Provider	$19,407,833	2017-06-01
████ █████ ████ ███ ██████ █████████	Health Insurance Provider	$77,960,312	2017-06-01
████████	Prescription Drug Provider	$43,488,600	2017-06-01
██████ ██████████ ██████ ████	Health Care Provider	$37,002,865	2017-06-01
██████ ██████████ █████████ ███████	Health Insurance Provider	$9,745,833	2017-06-01
███████ ██████ ███ ███████ ███	Tax accounting		2014-07-02

Personnel at Operating Engineers Health and Welfare Fund

Name	Title	Compensation	Most recent data
Charles Killian	Chief Financial Officer	$0	June 30, 2018
Paul Egge	Chief Information Officer	$0	June 30, 2018
██████ █ ██████	Fund Manager	$0	June 20, 2019
███████ █ █████████	Director of Benefits	$0	June 30, 2018
████ █████	Assistant Fund Manager	$0	June 30, 2018

Peer fraternal organizations

	Name	Type	Revenue	Location
1	Los Angeles County Fire Fighters Local 1014 Health and Welfare Plan	501(c)(9)	$93 million	El Monte, CA
2	Reta Trust	501(c)(9)	$250 million	San Francisco, CA
3	Ufcw and Employers Benefit Trust	501(c)(9)	$584 million	Concord, CA
4	Labor Alliance Managed Trust Fund (LAMT)	501(c)(9)	$166 million	Pleasanton, CA
5	Teamsters and Food Employers Security Trust Fund	501(c)(9)	$141 million	West Covina, CA
6	Health Care EmployeesEmployer Dental and Medical Trust	501(c)(9)	$138 million	Dublin, CA
7	Directors Guild of America - Producer Health Plan	501(c)(9)	$146 million	Los Angeles, CA
8	General Employees Trust Fund	501(c)(9)	$144 million	Brisbane, CA
9	Western Teamsters Welfare Trust	501(c)(9)	$151 million	Pasadena, CA
10	Cahp Health Benefits Trust	501(c)(9)	$163 million	Sacramento, CA
11	Teamsters Benefit Trust	501(c)(9)	$348 million	Fremont, CA
12	Teamsters Managed Trust Funds (TMT)	501(c)(9)	$85 million	Pleasanton, CA
13	Carpenters Health and Welfare Trust Fund for Northern California	501(c)(9)	$517 million	Oakland, CA
14	Laborers Vacation-Holiday Trust Fund for Northern California	501(c)(9)	$107 million	Fairfield, CA
15	High Desert & Inland Employee-Employer Trust	501(c)(9)	$73 million	Apple Valley, CA
16	Stationary Engineers Local 39 Health and Welfare Plan	501(c)(9)	$100 million	Pleasanton, CA
17	Southern California Pipe Trades Health and Welfare Fund	501(c)(9)	$89 million	Los Angeles, CA
18	Laborers Health and Welfare Trust Fund for Southern California	501(c)(9)	$213 million	El Monte, CA
19	Screen Actors Guild-Producers Health Plan	501(c)(9)	$389 million	Burbank, CA
20	Teamsters Miscellaneous Security Fund	501(c)(9)	$234 million	Pasadena, CA
21	Entertainment Industry Flex Plan	501(c)(9)	$71 million	Los Angeles, CA
22	Ccpoa Benefit Trust Fund	501(c)(9)	$316 million	Sacramento, CA
23	United Food and Commercial Workers Unions and Food Employers Benefit Fund	501(c)(9)	$581 million	Cypress, CA
24	California Field Ironworker Workers Vacation Trust Fund	501(c)(9)	$77 million	Pasadena, CA
25	Laborers Health and Welfare Trust Fund for Northern California	501(c)(9)	$380 million	Fairfield, CA

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Cause IQ organization profile

Operating Engineers Health and Welfare Fund

Form 990s for Operating Engineers Health and Welfare Fund

Financials for Operating Engineers Health and Welfare Fund

Vendors for Operating Engineers Health and Welfare Fund

Personnel at Operating Engineers Health and Welfare Fund

Peer fraternal organizations

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