Nonprofit · EIN 52-1927939
CAPREIT WELFARE BENEFIT TRUST
Tax-exempt · ROCKVILLE, MD 20852
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| January 31, 2025 | 990 | $3,579,106 | $4,383,867 | -$804,761 | $1,670,016 | $91,049 | $1,578,967 |
| January 31, 2024 | 990 | $4,262,981 | $3,796,823 | $466,158 | $2,417,145 | $33,417 | $2,383,728 |
Financial details: 990 for the year ended January 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,492,438
- Investment income
- $86,668
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $4,139,048
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,234
Balance sheet and other
- Total assets, start of year
- $2,417,145
- Total assets, end of year
- $1,670,016
- Total liabilities, end of year
- $91,049
- Net assets, end of year
- $1,578,967
- Net assets without donor restrictions
- $1,578,967
- Gross unrelated business income
- $86,668
- Gross receipts
- $3,579,106
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2013
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended January 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAPREIT OPERATING LP | TRUSTEE Institutional trustee | 1 | $0 |
990 for the year ended January 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAPREIT OPERATING LP | TRUSTEE Institutional trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6116 EXECUTIVE BLVD STE 100, ROCKVILLE, MD 20852-4938
- In care of
- % CAPREIT OPERATING LP
- Principal officer (990 for 2024)
- IRA STRASSBERG, 6116 EXECUTIVE BLVD 100, ROCKVILLE, MD 20852
- Signed the 990
- IRA STRASSBERG, OFFICER
- Phone
- (301) 231-8700
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
CAPREIT WELFARE BENEFIT PLAN (THE PLAN) WAS FORMED TO SERVE AS THE FUNDING VEHICLE FOR HEALTH AND OTHER BENEFITS TO BE PAID TO THE ELIGIBLE EMPLOYEES OF CAPREIT OPERATING LP, CAPREIT RESIDENTIAL CORPORATION, AND CAPREIT MANAGEMENT, LLC AND THEIR RESPECTIVE ELIGIBLE DEPENDENTS PURSUANT TO THE CAPREIT WELFARE BENEFIT PLAN. THE PLAN IS ENGAGED IN NO ACTIVITIES OTHER THAN THOSE REQUIRED TO MAINTAIN ITS EXISTENCE.
Program accomplishments
- THE PLAN PROVIDES BENEFITS CONSISTING OF (I) A PARTIALLY SELF-FUNDED HEALTH PROGRAM PROVIDING MEDICAL, DENTAL, AND PRESCRIPTION BENEFITS, (II) A PREMIUM CONVERSION PROGRAM DESIGNED TO ENABLE PARTICIPANTS TO PAY THEIR PORTION OF THE COST OF COVERAGE ON A PRE-TAX BASIS UNDER THE EMPLOYER'S SELF-INSURED HEALTH PROGRAM, (III) A LIFE TERM DISABILITY PROGRAM, AND (V) AN ORGAN OR TISSUE TRANSPLANT PROGRAM. CURRENT HEALTH CLAIMS OF PARTICIPANTS AND THEIR PARTICIPATING ELIGIBLE DEPENDENTS ARE PROVIDED UNDER A GROUP STOP-LOSS INSURANCE ARRANGEMENT AFTER CERTAIN INDIVIDUAL AND FAMILY LIMITS OF $150,000 AND AGGREGATE CLAIMS LIMITS WHICH ARE BASED ON AN AGREED-UPON FORMULA WITH THE INSURER ARE MET.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in January, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | January 31, 2026 | June 15, 2026 | Not on file |
| 2024 | January 31, 2025 | June 16, 2025 | 990 on file |
| 2023 | January 31, 2024 | June 17, 2024 | 990 on file |
IRS record
- EIN
- 52-1927939
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1996
- Accounting year ends
- January
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,670,016
- Income (IRS master file)
- $3,579,106
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | January 2025 | $3,579,106 | $4,383,867 | $1,670,016 | XML |
| 990 | January 2024 | $4,262,981 | $3,796,823 | $2,417,145 | XML |
| 990 | January 2023 | $4,360,536 | $4,828,468 | $2,039,851 | IRS |
| 990 | January 2022 | – | – | – | IRS |
| 990 | January 2021 | – | – | – | IRS |
| 990 | January 2019 | – | – | – | IRS |
| 990 | January 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1927939).
Questions about CAPREIT WELFARE BENEFIT TRUST
- What is the EIN of CAPREIT WELFARE BENEFIT TRUST?
- The employer identification number (EIN) of CAPREIT WELFARE BENEFIT TRUST is 52-1927939.
- Is CAPREIT WELFARE BENEFIT TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1996.
- Are donations to CAPREIT WELFARE BENEFIT TRUST tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CAPREIT WELFARE BENEFIT TRUST file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CAPREIT WELFARE BENEFIT TRUST due?
- The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAPREIT WELFARE BENEFIT TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended January 2025.
- Who is the principal officer of CAPREIT WELFARE BENEFIT TRUST?
- The 990 for the year ended January 31, 2025 names IRA STRASSBERG.
- Who are the officers and directors of CAPREIT WELFARE BENEFIT TRUST?
- The 990 for the year ended January 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does CAPREIT WELFARE BENEFIT TRUST have?
- On its 990 for the year ended January 31, 2025 it reported revenue of $3,579,106, expenses of $4,383,867 and total assets of $1,670,016 at year end.
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