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Nonprofit · EIN 91-6065367

RETIREES WELFARE TRUST

Tax-exempt · SEATTLE, WA 98102

Financials

$52.5M$40.4M2023$55.3M$32.6M2024
Revenue Expenses · by fiscal year end
Financials of RETIREES WELFARE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$55,314,894$32,635,729$22,679,165$156,828,774$4,153,999$152,674,775
December 31, 2023990$52,482,151$40,352,250$12,129,901$133,326,281$4,872,904$128,453,377
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$47,973,860
Investment income
$7,341,034
Net gain from sales of assets
$3,115,087
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$28,563,129
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$14,233
Accounting fees
$94,552

Balance sheet and other

Total assets, start of year
$133,326,281
Total assets, end of year
$156,828,774
Total liabilities, end of year
$4,153,999
Net assets, end of year
$152,674,775
Publicly traded securities
$110,700,879
Gross receipts
$191,478,681
Employees
0
Volunteers
2
Year formed
1964
State of legal domicile
WA

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 / weekCompensationFrom related orgsOther / benefits
TED BUNSTINETRUSTEE (OUTGOING)
Trustee or director
1$0$138,477$58,000
RICH EWINGTRUSTEE
Trustee or director
1$0$112,696$57,000
JOE TESSIERCHAIRMAN
Trustee or director, Officer
1$0$0$0
BRIAN PERSONSECRETARY
Trustee or director, Officer
1$0$0$0
RANDY ZEILERTRUSTEE
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TED BUNSTINETRUSTEE
Trustee or director
1$0$137,682$55,000
RICH EWINGTRUSTEE
Trustee or director
1$0$106,315$55,000
JOE TESSIERCHAIRMAN
Trustee or director, Officer
1$0$0$0
BRIAN PERSONSECRETARY
Trustee or director, Officer
1$0$0$0
RANDY ZEILERTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
2323 EASTLAKE AVE E, SEATTLE, WA 98102-3305
Principal officer (990 for 2024)
JOE TESSIER, 2323 EASTLAKE AVE E, SEATTLE, WA 98102
Signed the 990
JOE TESSIER, CHAIRMAN
Phone
(206) 329-4900
Return prepared by
ANASTASI MOORE & MARTIN PLLC

Mission

TO PROVIDE HEALTH BENEFITS FOR RETIRED EMPLOYEES WHO MEET THE ELIGIBILITY RULES IN EFFECT WHEN THEY RETIRE AND/OR QUALIFIED MEMBERS OF THEIR FAMILY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE TRUST PROVIDES HEALTH BENEFITS FOR RETIRED PARTICIPANTS AND THEIR SPOUSES AND 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 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
91-6065367
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1966
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$156,828,774
Income (IRS master file)
$191,478,681

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$55,314,894$32,635,729$156,828,774XML
990December 2023$52,482,151$40,352,250$133,326,281XML
990December 2022$50,830,349$37,391,371$116,226,888IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 91-6065367).

Questions about RETIREES WELFARE TRUST

What is the EIN of RETIREES WELFARE TRUST?
The employer identification number (EIN) of RETIREES WELFARE TRUST is 91-6065367.
Is RETIREES WELFARE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1966.
Are donations to RETIREES WELFARE TRUST tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RETIREES 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 RETIREES 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 RETIREES 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 RETIREES WELFARE TRUST?
The 990 for the year ended December 31, 2024 names JOE TESSIER.
Who are the officers and directors of RETIREES WELFARE TRUST?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does RETIREES WELFARE TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $55,314,894, expenses of $32,635,729 and total assets of $156,828,774 at year end.

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