HEALTH PLAN TR FOR MEMBERS OF OLA (THE OKLAHOMA LUMBERMEN'S ASSOC)

Address
PO BOX 950037
OKLAHOMA CITY, OK 731950037
Contact
Website: http://www.oklumber.org
Phone: +1 (405) 602-5384
Nonprofit
NTEE: E112 - Health care
EIN: 73-1298666

Mission

TO PROVIDE MEDICAL AND LIFE INSURANCE COVERAGE TO MEMBERS OF THE OKLAHOMA LUMBERMEN'S ASSOCIATION.
 201720162015
Basic features of the organization
Year of formation1987
Subsection501(c)
Organization typeVEBA
Metropolitan statistical area5880
Human resources, including compensation
Summary compensation info
Number of employees000
Personnel
, Bank of Oklahoma
TitleTRUSTEETRUSTEETRUSTEE
Name of key/compensated personBANK OF OKLAHOMABANK OF OKLAHOMABANK OF OKLAHOMA
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionInstitutional trusteeInstitutional trusteeInstitutional trustee
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Baker, Karen
TitleEXECUTIVE DIEXECUTIVE DIEXECUTIVE DI
Name of key/compensated personKAREN BAKERKAREN BAKERKAREN BAKER
Average hours per week working for org30.00  
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $64,233.00$59,229.00$68,785.00
Bockus, Henry
TitleMEMBERMEMBERMEMBER
Name of key/compensated personHENRY BOCKUSHENRY BOCKUSHENRY BOCKUS
Average hours per week working for org5.005.005.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Davis, Mike
TitleMEMBERMEMBERMEMBER
Name of key/compensated personMIKE DAVISMIKE DAVISMIKE DAVIS
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Hodde, Janet
TitleMEMBERMEMBERMEMBER
Name of key/compensated personJANET HODDEJANET HODDEJANET HODDE
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Lee, William
TitleCHAIRMANCHAIRMANCHAIRMAN
Name of key/compensated personWILLIAM LEEWILLIAM LEEWILLIAM LEE
Average hours per week working for org5.005.005.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Rothschopf, Kc
TitleMEMBERMEMBERMEMBER
Name of key/compensated personKC ROTHSCHOPFKC ROTHSCHOPFKC ROTHSCHOPF
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Rush, Laura
Title  MEMBER
Name of key/compensated person  LAURA RUSH
Average hours per week working for org  1.00
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Stephens, John
Title  MEMBER
Name of key/compensated person  JOHN STEPHENS
Average hours per week working for org  1.00
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesTO PROVIDE MEDICAL AND LIFE INSURANCE COVERAGE TO MEMBERS OF THE OKLAHOMA LUMBERMEN'S ASSOCIATION.TO PROVIDE MEDICAL AND LIFE INSURANCE COVERAGE TO MEMBERS OF THE OKLAHOMA LUMBERMEN'S ASSOCIATION.TO PROVIDE MEDICAL AND LIFE INSURANCE COVERAGE TO MEMBERS OF THE OKLAHOMA LUMBERMEN'S ASSOCIATION.
Program expenses (total)$7,123.00$2,985,138.00$2,859,833.00
Programs, including revenue & expenses
EMPLOYEE WELFARE BENEFIT PLAN PROVIDING MEDICAL AND LIFE INSURANCE BENEFITS TO PARTICIPATING MEMBERS OF THE OKLAHOMA LUMBERMEN'S ASSOCIATION.
Program expenses$7,123.00$2,985,138.00$2,859,833.00
Program revenue $3,090,083.00 
Program descriptionEMPLOYEE WELFARE BENEFIT PLAN PROVIDING MEDICAL AND LIFE INSURANCE BENEFITS TO PARTICIPATING MEMBERS OF THE OKLAHOMA LUMBERMEN'S ASSOCIATION.EMPLOYEE WELFARE BENEFIT PLAN PROVIDING MEDICAL AND LIFE INSURANCE BENEFITS TO PARTICIPATING MEMBERS OF THE OKLAHOMA LUMBERMEN'S ASSOCIATION. AVERAGE NUMBER OF EMPLOYEES ENROLLED FOR 2014 WAS 215.EMPLOYEE WELFARE BENEFIT PLAN PROVIDING MEDICAL AND LIFE INSURANCE BENEFITS TO PARTICIPATING MEMBERS OF THE OKLAHOMA LUMBERMEN'S ASSOCIATION. AVERAGE NUMBER OF EMPLOYEES ENROLLED FOR 2014 WAS 215.
Financial data
Expense categories (totals)
Sum (total functional expenses)$7,123.00$2,985,138.00$2,859,833.00
Program services (total functional expenses)$0.00$0.00$0.00
Management & general (total functional expenses)$0.00$0.00$0.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue$910.00$3,093,172.00$2,293,012.00
Program service revenue (total) $3,090,083.00$2,281,334.00
Revenue from contributions (total)  $0.00
Investment income$910.00$3,089.00$11,678.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00
Gross receipts$910.00$3,417,676.00$2,701,592.00
Other types of revenue
Income from dividends, interest, and similar investments$910.00$4,654.00$9,658.00
Net rental income  $0.00
Fees for services
Legal fees (total) $15,000.00$2,180.00
Fundraising service fees (total)$0.00$0.00$0.00
Investment management fees (total) $1,861.00$4,468.00
Accounting service fees (total) $18,298.00$21,650.00
Assets and liabilities
Total assets$0.00$338,697.00$399,933.00
Total assets, beginning of year$338,697.00$399,933.00$912,086.00
Total liabilities$0.00$332,484.00$505,418.00
Total liabilities, beginning of year$332,484.00$505,418.00$344,573.00
Net assets$0.00$6,213.00-$105,485.00
Net assets, beginning of year$6,213.00-$105,485.00$567,513.00
Other liabilities  $265,000.00
Investments: publicly traded securities $201,352.00$350,678.00
Cash: non-interest bearing $16,663.00$22,716.00
Cash: non-interest bearing, beginning of year$16,663.00$22,716.00$141,026.00
Other financial variables
Revenue less expenses-$6,213.00$108,034.00-$566,821.00
Accounts receivable, net $120,682.00$26,539.00
Accounts payable & accrued expenses $332,484.00$240,418.00
Total net assets or fund balances$0.00$6,213.00-$105,485.00
Governance and accountability
Number of voting members557
Number of independent voting members557
Financial sheets audited  True
Discontinued or disposed >25% of net assetsTrue  
Tax year start date2017-01-012016-01-012015-01-01
Tax year end date2017-12-312016-12-312015-12-31
Accounting methodAccrualAccrualAccrual
Metadata about the filing
E-return type990990990
Reason for form submission
Final return / terminatedTrue  
Date e-filing submitted2018-08-272018-01-252017-02-08
IRS schema version2017v2.22016v3.02015v2.1
Filing identifier201840779349300304201723109349301557201633059349300048
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