Nonprofit · EIN 81-3021883
UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE TRUST
Tax-exempt · PITTSBURGH, PA 15222
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $23,560,896 | $28,792,353 | -$5,231,457 | $462,540,231 | $95,099 | $462,445,132 |
| December 31, 2023 | 990 | $20,877,745 | $25,951,073 | -$5,073,328 | $454,507,305 | $130,366 | $454,376,939 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,081,188
- Investment income
- $16,479,708
- Net gain from sales of assets
- $6,090,650
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $25,771,621
- Compensation of officers, directors and key employees
- $86,803
- Salaries, compensation and benefits (total)
- $86,803
- Professional fundraising fees
- $0
- Legal fees
- $28,813
- Accounting fees
- $98,580
Balance sheet and other
- Total assets, start of year
- $454,507,305
- Total assets, end of year
- $462,540,231
- Total liabilities, end of year
- $95,099
- Net assets, end of year
- $462,445,132
- Publicly traded securities
- $217,209,892
- Gross receipts
- $23,560,896
- Employees
- 0
- Volunteers
- 1
- Year formed
- 2016
- State of legal domicile
- MI
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SUZANNE DANIELS PHD | COMMITTEE MEMBER Trustee or director | 1 | $20,426 | $55,065 |
| GARY PETRONI | CHAIRPERSON Trustee or director | 1 | $25,087 | $46,106 |
| FRANCINE PARKER | COMMITTEE MEMBER Trustee or director | 1 | $20,426 | $46,106 |
| RICK ISAACSON | COMMITTEE MEMBER Trustee or director | 1 | $20,426 | $46,106 |
| COMERICA | INSTITUTIONAL TRUSTEE Institutional trustee | 1 | $8,619 | $0 |
| GEORGE HARDY | COMMITTEE MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SUZANNE DANIELS PHD | COMMITTEE MEMBER Trustee or director | 1 | $17,981 | $40,384 |
| GARY PETRONI | CHAIRPERSON Trustee or director | 1 | $21,407 | $36,944 |
| FRANCINE PARKER | COMMITTEE MEMBER Trustee or director | 1 | $17,981 | $36,944 |
| RICK ISAACSON | COMMITTEE MEMBER Trustee or director | 1 | $17,981 | $36,944 |
| COMERICA | INSTITUTIONAL TRUSTEE Institutional trustee | 1 | $9,120 | $0 |
| GEORGE HARDY | COMMITTEE MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 60 BLVD OF THE ALLIES 5TH FL, PITTSBURGH, PA 15222-1209
- In care of
- % BENEFIT OUTSOURCING SOLUTIONS
- Principal officer (990 for 2024)
- GARY PETRONI
- Signed the 990
- GARY PETRONI, CHAIRPERSON
- Phone
- (202) 857-0620
- Return prepared by
- PLANTE & MORAN PLLC
Mission
TO HELP FUND CERTAIN BENEFITS PROVIDED TO ELIGIBLE RETIRED EMPLOYEES OF THE BUDD COMPANY AND OTHER ELIGIBLE INDIVIDUALS.
Program accomplishments
- PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-3021883
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $462,540,231
- Income (IRS master file)
- $23,560,896
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $23,560,896 | $28,792,353 | $462,540,231 | XML |
| 990 | December 2023 | $20,877,745 | $25,951,073 | $454,507,305 | XML |
| 990 | December 2022 | $9,757,077 | $23,852,764 | $427,740,694 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 81-3021883).
Questions about UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE TRUST
- What is the EIN of UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE TRUST?
- The employer identification number (EIN) of UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE TRUST is 81-3021883.
- Is UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2016.
- Are donations to UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE TRUST tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE 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 UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE TRUST due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE TRUST?
- The 990 for the year ended December 31, 2024 names GARY PETRONI.
- Who are the officers and directors of UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE TRUST?
- The 990 for the year ended December 31, 2024 lists 6 people; 5 received compensation from the organization, the highest $20,426 (SUZANNE DANIELS PHD, COMMITTEE MEMBER).
- How much revenue does UAW RETIREES OF THE BUDD COMPANY HEALTH & WELFARE TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $23,560,896, expenses of $28,792,353 and total assets of $462,540,231 at year end.
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