AT&T Union Welfare Benefit Trust

Address
208 S AKARD STREET ROOM 1857
DALLAS, TX 75202
Contact
Phone: +1 (214) 486-8753
Nonprofit
NTEE: Y43 - Voluntary Employees Beneficiary Associations (Non-Government)
EIN: 74-2697492

Mission

PAYMENT OF HEALTH AND INSURANCE BENEFIT EXPENSES FOR AT&T'S RETIREES AND THEIR DEPENDENTS.
 20162014201320122010
Basic features of the organization
Year of formation1993
Subsection code09
PF filing required0    
Metropolitan statistical area1922
Form of organization
TrustTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$912,500.00    
Sum of reportable (W2/1099) compensation$912,500.00    
Number of employees0    
Number of people compensated >$100k1    
Number of volunteers0    
Number of highly compensated contractors12    
Personnel
Mellon, Bny
TitleTRUSTEE    
Name of key/compensated personBNY MELLON    
Position of compensated person
Current institutional trusteeTrue    
Average hours per week working for org40.0    
Reportable compensation from org$912,500.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs0.0    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO FUND BENEFIT EXPENSES.    
Program service expenses, total$0.00    
Programs, including revenue & expenses
PAYMENT OF HEALTH AND INSURANCE BENEFIT EXPENSES FOR AT&T'S RETIREES AND THEIR DEPENDENTS, AS PERMITTED UNDER IRC 501(C)(9).
Program expenses$0.00    
Grants and allocations made$0.00    
Program revenue$0.00    
Program descriptionPAYMENT OF HEALTH AND INSURANCE BENEFIT EXPENSES FOR AT&T'S RETIREES AND THEIR DEPENDENTS, AS PERMITTED UNDER IRC 501(C)(9).    
Financial data
Revenue
Total revenue$103,598,369.00    
Revenue from contributions (total)$0.00$0.00$0.00$0.00$0.00
Investment income, current yr$99,458,434.00    
Total revenue from grants, etc., current yr$0.00    
Total unrelated business revenue$174,396.00    
Other revenue, current yr$4,139,935.00    
Net unrelated business taxable revenue$0.00    
Program service revenue (total)$0.00$0.00$0.00$0.00$0.00
Gross receipts$2,839,798,391.00    
Other types of revenue
Royalties (total)$164.00    
Miscellaneous revenue (total)$4,139,771.00    
Net revenue from gaming (total)$0.00    
Income from dividends, interest, and similar investments$87,367,563.00    
Net rental income$0.00$0.00$0.00$0.00$0.00
Net income from fundraising events$0.00    
Net inventory sales (total)$0.00    
Expense categories (totals)
Total functional expenses: sum of all$7,332,867.00    
Fees for services
Lobbying fees (total)$0.00    
Legal fees (total)$11,117.00    
Fundraising service fees (total)$0.00    
General management fees (total)$0.00    
Investment management fees (total)$4,934,894.00    
Assets and liabilities
Total assets$3,737,155,820.00$5,463,479,761.00$6,420,939,776.00$7,010,453,058.00$7,722,348,608.00
Total assets, beginning of year$4,508,176,604.00    
Total liabilities$113,060,643.00$217,375,184.00$173,941,673.00$193,202,030.00$468,675,666.00
Total liabilities, beginning of year$140,846,825.00    
Pledges & accounts receivable, net$0.00    
Loans & receivables from key persons$0.00    
Net assets$3,624,095,177.00    
Net assets, beginning of year$4,367,329,779.00    
Other liabilities$0.00    
Bond liabilities$0.00    
Intangible assets$0.00    
Other assets$0.00    
Investments: other securities$108,692,589.00    
Investments: publicly traded securities$3,595,605,860.00    
Cash: non-interest bearing$2,822,913.00    
Cash: non-interest bearing, beginning of year$1,716,829.00    
Investments -- program-related$0.00    
Escrow or custodial account liability$0.00    
Loans and other payables to key persons$0.00    
Grants payable$0.00    
Inventories for sale or use$0.00    
Other financial variables
Revenue less expenses$96,265,502.00    
Advertising (total)$0.00    
Savings & temp cash investment$4,911,064.00    
Accounts receivable, net$25,123,394.00    
Prepaid expenses & deferred charges$0.00    
Accounts payable & accrued expenses$113,060,643.00    
Deferred revenue$0.00    
Unsecured notes & loans to unrelated parties$0.00    
Secured mortgages and notes payable$0.00    
Total net assets or fund balances$3,624,095,177.00    
Depreciation, depletion, amortization$0.00    
Payment to affiliates$0.00    
Governance and accountability
Number of voting members1    
Number of independent voting members0    
Accrual accountingTrue    
Tax year start date2016-01-01    
Tax year end date2016-12-012014-12-012013-12-012012-12-012010-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990    
Date e-filing submitted2018-01-08    
IRS schema version2016v3.1    
Filing identifier201703179349302340    
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