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Nonprofit · EIN 85-6091798

FIRST AMERICAN BANK WELFARE BENEFIT PLAN

Tax-exempt · ARTESIA, NM 88211

Financials

$2.3M$2.4M2023$2.3M$2.3M2024
Revenue Expenses · by fiscal year end
Financials of FIRST AMERICAN BANK WELFARE BENEFIT PLAN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,265,248$2,287,837-$22,589$179,138$0$179,138
December 31, 2023990$2,304,522$2,355,077-$50,555$201,727$0$201,727
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,256,554
Investment income
$8,694
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$1,511,948
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$201,727
Total assets, end of year
$179,138
Total liabilities, end of year
$0
Net assets, end of year
$179,138
Gross receipts
$2,265,248
Employees
0
Volunteers
0
Year formed
1987
State of legal domicile
NM

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.

NameTitleHours / weekCompensation
Brett deMillianoEVP\CFO
Officer
0$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Brett deMillianoEVP\CFO
Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX AA, ARTESIA, NM 88211-7526
Principal officer (990 for 2024)
Brett deMilliano, PO Box AA, Artesia, NM 882107526
Signed the 990
Brett deMilliano, EVP\CFO
Phone
(575) 736-8935

Mission

Employee Welfare Benefits Plan to provide health, medical and similar benefits. The plan is self-insured.

990 for the year ended December 31, 2024

Program accomplishments

  • Part IX Item 4 - Benefits paid to or for members
  • Admin/Prov/Cap Fees
  • Vision Premiums
  • Other Expenses

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-6091798
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1987
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$179,138
Income (IRS master file)
$2,265,248

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,265,248$2,287,837$179,138XML
990December 2023$2,304,522$2,355,077$201,727XML
990December 2022$2,235,416$2,151,035$252,282IRS
990December 2021–––IRS
990December 2020–––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 85-6091798).

Questions about FIRST AMERICAN BANK WELFARE BENEFIT PLAN

What is the EIN of FIRST AMERICAN BANK WELFARE BENEFIT PLAN?
The employer identification number (EIN) of FIRST AMERICAN BANK WELFARE BENEFIT PLAN is 85-6091798.
Is FIRST AMERICAN BANK WELFARE BENEFIT PLAN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1987.
Are donations to FIRST AMERICAN BANK WELFARE BENEFIT PLAN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FIRST AMERICAN BANK WELFARE BENEFIT PLAN 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 FIRST AMERICAN BANK WELFARE BENEFIT PLAN 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 FIRST AMERICAN BANK WELFARE BENEFIT PLAN 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 FIRST AMERICAN BANK WELFARE BENEFIT PLAN?
The 990 for the year ended December 31, 2024 names Brett deMilliano.
Who are the officers and directors of FIRST AMERICAN BANK WELFARE BENEFIT PLAN?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does FIRST AMERICAN BANK WELFARE BENEFIT PLAN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,265,248, expenses of $2,287,837 and total assets of $179,138 at year end.

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