2025-11-17T09:41:39-07:00 2025-06-30 371057420 Richard J Breslin Certified Public Accountant 505 South Illinois Street Belleville IL 62220 990 2024-07-01 370842910 SHEET METAL WORKERS LOCAL NO 268 WELFARE TRUST FUND SHEE 6183971443 2701 North 89th Street Caseyville IL 62232 Jeffery R Bauer Trustee 6183971443 2025-11-17 1 1 Richard Breslin P00119952 6182359811 2025-11-17 X 2024 2025-03-06 01:10:19Z Jeffery R Bauer 2701 North 89th Street Caseyville IL 62232 10332459 0 X local268.com X 1960 IL Operation of a local union health and welfare benefit plan which is designed to provide quality health care to union members and family members, employing contractors and family members, and office personnel. Benefits include prescription drug coverage and life and accident insurance coverage. 6 6 1 0 0 0 0 0 8986874 9093206 1153220 1227403 20834 11850 10160928 10332459 0 8318668 7244784 0 76512 82990 0 0 0 273810 295202 7595106 8696860 2565822 1635599 16208313 17843912 0 0 16208313 17843912 Providing quality health care to local sheet metal union members, their employers, and families. 0 0 By expending significant amounts for direct medical care, prescriptions for medication, life insurance premiums, stop loss insurance premiums, reimbursements for medical expenses paid, administrative fees paid to a qualified third-party claims processing service organization, and salaries and benefits for an employee to perform clerical and bookkeeping services the plan achieved the purpose of providing quality health care to the membership. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Managing Trustee 6183971443 2701 North 89th Street Caseyville IL 62232 John LePere Trustee 1 39 X 0 104322 0 Paul Numi Trustee 1 39 X 0 99373 0 Jeffery R Bauer Managing Trustee 10 30 X X 0 99373 0 Phil Halliday Trustee 1 0 X 0 0 0 Eric Theiss Trustee 1 0 X 0 0 0 Brad McPherson Trustee 1 0 X 0 0 0 0 303068 0 0 0 0 0 0 0 Employers' assessments 813930 7831764 7831764 0 0 Participants' contributions 813930 1261442 1261442 0 0 0 0 0 0 9093206 1227403 1227403 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Administrative fee income 813930 11850 11850 0 0 0 0 0 0 11850 10332459 10332459 0 0 8318668 57436 21014 4540 10097 28840 20799 677 4164 385 6435 Meritain/Marsh & McLennan administrative fees 116837 Administrative fee expenses 10884 PBM transfer fees/PCORI fees 2889 Precertification and PPO access fees 88235 4960 8696860 0 0 0 1840113 2218282 2185497 1224685 70360 6328 19005 64032 12163698 14336913 16208313 17843912 0 0 X 0 0 0 0 16208313 17843912 16208313 17843912 16208313 17843912 1635599 0 0 0 0 0 X 0 1 X 1 0 0 0 0 0 0 0 0 0 0 0 0 0 70360 6328 64032 0 0 0 0 64032 10332459 0 0 0 0 0 10332459 0 0 0 10332459 8696860 0 0 0 0 0 8696860 0 0 0 8696860 Form 990, Part VI, Section B, Line 11b The governing body has assigned the task of reviewing, prior to submission, the completed Form 990 and related attachments and schedules, to the managing trustee, the individual who possesses the qualifications necessary to assess the completeness and accuracy of the information on the forms. The 990 is then made available for review, prior to submission, to all members of the governing body should they desire to do so. Form 990, Part VI, Section B, Line 12c The provisions of the conflict of interest policy require officers, directors, and trustees to disclose annually, by December 31, any interests or relationships which could give rise to conflicts. During the trustees meeting following each December 31 the disclosures are reviewed by the trustees and inquiries are made regarding omissions of any known possible situations which have not been disclosed. Form 990, Part VI, Section C, Line 19 This organization makes its governing documents and financial statements available to the general public on an "upon request" basis Sheet Metal Workers Local 268 2701 North 89th Street Caseyville IL 62232 370557803 Union Representation IL 501(c)(5) N/A 0 Sheet Metal Workers Local 268 Pension Fund 2701 North 89th Street Caseyville IL 62232 370557803 Pension Benefits IL 501(c)(5) N/A 0 Sheet Metal Workers Local 268 Vacation Fund 2701 North 89th Street Caseyville IL 62232 371130387 Vacation Benefits IL 501(c)(9) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Sheet Metal Workers Local 268 n 9133 The Health and Welfare Fund shares facilities with Sheet Metal Workers Local 268 and remits an annual amount based upon a reimbursement of its share of actual expense incurred by Local 268 for the facilities Sheet Metal Workers Local 268 o 17994 The Health and Welfare Fund remits an annual amount, determined by an annual independent Time and Cost study, of the Local's Financial Secretary/Treasurer's compensation for the portion of time spent on Welfare Fund activities Sheet Metal Workers Local 268 Pension Fund o 4056 The Pension Fund remits an annual amount to the Welfare Fund, determined by an independent Time and Cost Study, of the Welfare Fund's Benefit Coordinator's portion of compensation for the Benefit Coordinator's allocable time spent on Pension Fund activity. Sheet Metal Workers Local 268 o 13789 The Sheet Metal Union Local 268 remits an annual amount to the Welfare Fund, determined by an independent Time and Cost Study, of the Welfare Fund's Benefit Coordinator's portion of compensation for the Benefit Coordinator's allocable time spent on Union Local Fund activity Sheet Metal Workers Local 268 Vacation Fund o 4056 The Vacation Fund remits an annual amount to the Welfare Fund, determined by an independent Time and Cost Study, of the Welfare Fund's Benefit Coordinator's portion of compensation for the Benefit Coordinator's allocable time spent on Vacation Fund activity