OKLAHOMA OPERATING ENGINEERS WELFARE PLAN: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: OKLAHOMA OPERATING ENGINEERS WELFARE PLAN (EIN 73-0790052)
Tax period: 2009-09-01 to 2010-08-31
Filed: 2012-04-16
IRS object ID: 201201079349300040
Schema version: 2009v1.7
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-04-16T15:34:42-05:00	Timestamp
Tax Period End Date	2010-08-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NEEDLES & ASSOCIATES INC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	350 INTERLOCKEN BLVD STE 220	AddressLine1
City	BROOMFIELD	City
State	CO	State
ZIP Code	80021	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2009-09-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	730790052	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	OKLAHOMA OPERATING ENGINEERS	BusinessNameLine1
Business Name Line2	WELFARE PLAN	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	OKLA	NameControl
Phone	4056822323	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1300 S MERIDIAN STREET	AddressLine1
Address Line2	ROOM/SUITE 200	AddressLine2
City	OKLAHOMA CITY	City
State	OK	State
ZIP Code	73108	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MICHAEL L STARK JR	Name
Title	CO CHAIRMAN	Title
Phone	4056822323	Phone
Date Signed	2012-04-10	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	KURT NEEDLES	Name
Phone	3034304225	Phone
Date Prepared	2012-04-16	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Amended Return	X	AmendedReturn
Name Of Principal Officer Person	MICHAEL L STARK JR	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1300 S MERIDIAN STREET SUITE 200	AddressLine1
City	OKLAHOMA CITY	City
State	OK	State
ZIP Code	73108	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	11588480	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	N/A	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	WELFARE FUND	TypeOfOrgOtherDescription
Year Formation	1969	YearFormation
State Legal Domicile	OK	StateLegalDomicile
Activity Or Mission Description	HEALTH & WELFARE BENEFITS PROVIDER FOR A LABOR UNION.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	4	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	4	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	5790145	ProgramServiceRevenuePriorYear
Program Service Revenue CY	5106610	ProgramServiceRevenueCY
Investment Income Prior Year	243463	InvestmentIncomePriorYear
Investment Income Current Year	229503	InvestmentIncomeCurrentYear
Other Revenue Prior Year	52310	OtherRevenuePriorYear
Other Revenue Current Year	111352	OtherRevenueCurrentYear
Total Revenue Prior Year	6085918	TotalRevenuePriorYear
Total Revenue Current Year	5447465	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	3447900	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	3456294	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	533330	OtherExpensePriorYear
Other Expenses Current Year	800568	OtherExpensesCurrentYear
Total Expenses Prior Year	3981230	TotalExpensesPriorYear
Total Expenses Current Year	4256862	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	2104688	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1190603	RevenuesLessExpensesCY
Total Assets BOY	10167262	TotalAssetsBOY
Total Assets EOY	11575386	TotalAssetsEOY
Total Liabilities BOY	1797459	TotalLiabilitiesBOY
Total Liabilities EOY	1874717	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	8369803	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	9700669	NetAssetsOrFundBalancesEOY
Mission Description	HEALTH & WELFARE BENEFITS PROVIDER FOR A LABOR UNION.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	3456294	Expense
Description	HEALTH & WELFARE BENEFITS PROVIDER FOR A LABOR UNION.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	312375	Expense
Description	INSURANCE PREMIUM PAID ON BEHALF OF PARTICIPANTS.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	167645	Expense
Description	HEALTH & WELFARE BENEFITS PROVIDER FOR A LABOR UNION.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	167645	TotalOfOtherProgramServiceExp
Total Program Service Expense	3936314	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Balance Sheet Amounts Reported	true	BalanceSheetAmountsReported
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Nbr Voting Governing Body Members	4	NbrVotingGoverningBodyMembers
Number Independent Voting Members	4	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	BOARD OF TRUSTEES	NamePerson
Telephone Number	4056822323	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1300 S MERIDIAN SUITE 200	AddressLine1
City	OKLAHOMA CITY	City
State	OK	State
ZIP Code	73108	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (4 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
WILLIAM NOBLE
CHAIRMAN	1.00	X	0	0	0
LARRY GAINES
CO CHAIRMAN	1.00	X	0	0	0
SAM VANMETER
SECRETARY	1.00	X	0	0	0
MICHAEL A BISHOP
SECRETARY	1.00	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Business Name Line2NameOfContractor/NameBusiness/BusinessNameLine2	Address Line1AddressOfContractor/AddressUS/AddressLine1	Address Line2AddressOfContractor/AddressUS/AddressLine2	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
ZENITH ADMINISTRATORS INC
ZENITH ADMINISTRATORS INC	1300 S MERIDIAN STREET STE 200	1300 S MERIDIAN STREET STE 200	OKLAHOMA CITY	OK	73108	ADMINISTRATOR	148962
BLUE CROSS BLUE SHIELD
BLUE CROSS BLUE SHIELD	1400 S BOSTON	1400 S BOSTON	TULSA	OK	74119	INSURANCE NETWO	143119

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	2	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
EMPLOYER CONTRIBUTIONS	3411722	3411722
RECIPROCAL-INCOMING	1530681	1530681
RETIREE CONTRIBUTIONS	93895	93895
COBRA CONTRIBUTIONS	70075	70075
LIQUIDATED DAMAGES	237	237

Field	Value	IRS element (for citing)
Total Program Service Revenue	5106610	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	226722	TotalRevenueColumn
Related Or Exempt Function Income	226722	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	6143796	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	6141015	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	2781	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	2781	TotalRevenueColumn
Related Or Exempt Function Income	2781	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
PHARMACY REBATE	64210	64210
COBRA SUBSIDY REIMBURSEMENT	49104	49104
EMPLOYER INTEREST / PENALTY	-1962	-1962

Field	Value	IRS element (for citing)
Total Other Revenue	111352	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	5447465	TotalRevenueColumn
Related Or Exempt Function Income	5447465	RelatedOrExemptFunctionIncome

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	3456294	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	148962	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	22402	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	23204	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	216685	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	13978	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	1037	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	312375	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal
RECIPROCAL-OUTGOING	58754
ADMINISTRATIVE EXPENSE	910
MEDICARE INFO REPORTING P	575
SR. HEALTH PLAN RECEIPTS	558
OTHER EXPENSES	540

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	588	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	4256862	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	5661871	BOY
EOY	4832754	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1063182	BOY
EOY	1489289	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	3442209	BOY
EOY	5253343	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	10167262	BOY
EOY	11575386	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	91920	BOY
EOY	38291	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	1705539	BOY
EOY	1836426	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1797459	BOY
EOY	1874717	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	8369803	BOY
EOY	9700669	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	8369803	BOY
EOY	9700669	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	10167262	BOY
EOY	11575386	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
HOUR BANK LIABILITY	$1,135,806
CLAIMS IBNR	$510,000
ACCOUNTS PAYABLE - BC/BS	$190,620

Field	Value	IRS element (for citing)
Total Of Amounts	1836426	TotalOfAmounts
Total Revenue	5447465	TotalRevenue
Total Expenses	4256862	TotalExpenses
Excess Or Deficit For Year	1190603	ExcessOrDeficitForYear
Excess Or Deficit Per FS	1190603	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	5447465	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	5447465	RevenueSubtotal
Total Revenue Per Form990	5447465	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	4256862	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	4256862	ExpensesSubtotal
Total Expenses Per Form990	4256862	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
AMENDED RETURN EXPLANATION	FORM 990, PAGE 1, ITEM B	CHANGES WERE MADE TO THE AUDIT SUBSEQUENT TO WHEN THE FORM WAS ORIGINALLY FILED.
ALL OTHER ACHIEVEMENTS DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	HEALTH & WELFARE BENEFITS PROVIDER FOR A LABOR UNION.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11	FORM 990 WAS PROVIDED TO BOARD OF TRUSTEES FOR THEIR REVIEW.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	TRUSTEES REVIEW ALL POLICIES IN EACH BOARD OF TRUSTEES MEETING.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	ALL GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.