2025-05-13T15:38:12-05:00 2024-06-30 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 02129 990 2023-07-01 208079417 UNITARIAN UNIVERSALIST ASSOCIATION EMPLOYEE BENEFITS TRUST - VEBA UNIT 6179484305 24 FARNSWORTH STREET BOSTON MA 022101409 CAREY MCDONALD PLAN SPONSOR 6179484305 2025-05-12 1 0 KAREN LO P01434915 6179129000 2025-05-10 2023 2025-03-06 01:10:19Z CAREY MCDONALD 24 FARNSWORTH STREET BOSTON MA 022101409 18236939 0 X N/A X 2006 MA THE PURPOSE OF THE TRUST IS TO FUND A SELF-FUNDED HEALTH INSURANCE PLAN FOR THE STAFFS OF UNITARIAN UNIVERSALIST CONGREGATIONS, THE UUA HEADQUARTERS AND FIELD STAFFS, AND OTHER ELIGIBLE PERSONS. 8 8 0 8 0 0 0 0 15667798 18109355 107600 127584 0 0 15775398 18236939 0 0 14829799 15247373 196754 223090 0 0 0 1196136 1178556 16222689 16649019 -447291 1587920 3978811 5909068 603813 750125 3374998 5158943 X THE PURPOSE OF THE TRUST IS TO FUND A SELF-FUNDED HEALTH INSURANCE PLAN FOR THE STAFFS OF UNITARIAN UNIVERSALIST CONGREGATIONS, THE UUA HEADQUARTERS AND FIELD STAFFS, AND OTHER ELIGIBLE PERSONS. 0 0 THE UNITARIAN UNIVERSALIST ASSOCIATION EMPLOYEE BENEFITS TRUST (THE "TRUST") WAS ESTABLISHED BY THE UNITARIAN UNIVERSALIST ASSOCIATION (UUA) BOARD OF DIRECTORS ON OCTOBER 22, 2006, AND BECAME EFFECTIVE ON JANUARY 1, 2007. THE PURPOSE OF THE TRUST IS TO FUND A SELF-FUNDED HEALTH INSURANCE PLAN FOR THE STAFFS OF UNITARIAN UNIVERSALIST CONGREGATIONS, THE UUA HEADQUARTERS AND FIELD STAFFS, AND OTHER ELIGIBLE PERSONS. THE TRUST ESTABLISHED THE UNITARIAN UNIVERSALIST ORGANIZATION HEALTH PLAN TO PROVIDE MEDICAL AND PRESCRIPTION DRUG BENEFITS TO ELIGIBLE EMPLOYEES AND ELIGIBLE RETIREES (AND THEIR ELIGIBLE DEPENDENTS) OF EMPLOYERS AND INDIVIDUALS WHO SUBSCRIBE TO THE PLAN AND TRUST. SUBSCRIBING EMPLOYERS INCLUDE CONGREGATIONS AND OTHER ENTITIES AFFILIATED WITH THE UUA. SUBSCRIBING INDIVIDUALS INCLUDE SELF-EMPLOYED UNITARIAN UNIVERSALIST COMMUNITY MINISTERS AND UNITARIAN UNIVERSALIST COMMUNITY MINISTERS WORKING IN A MINISTERIAL CAPACITY FOR AN EMPLOYER THAT DOES NOT OFFER A HEALTH INSURANCE PLAN. 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X UNITARIAN UNIVERSALIST ASSOCIATION 6179484305 24 FARNSWORTH STREET BOSTON MA 022101409 WILLIAM LESTER TRUSTEE, PLAN ADMIN 0.50 0.00 X X 0 0 0 KARIN FERGUSON TRUSTEE 0.50 0.00 X 0 0 0 BARBARA JOHNSON TRUSTEE 0.50 0.00 X 0 0 0 THOMAS LOUGHREY TRUSTEE 0.50 0.00 X 0 0 0 RICHARD NUGENT TRUSTEE 0.50 0.00 X 0 0 0 LUCIA SANTINI TRUSTEE 0.50 0.00 X 0 0 0 JOHN VOGT TRUSTEE 0.50 0.00 X 0 0 0 MICHAEL WAGNER TRUSTEE 0.50 0.00 X 0 0 0 ANDREW MCGEORGE TREASURER CFO PLAN ADMIN (UNTIL 7/24) 3.00 32.00 X X 0 112280 17943 CAREY MCDONALD EXECUTIVE VP, PLAN SPONSOR 3.00 32.00 X 0 190716 39321 0 302996 57264 0 0 1 0 0 CONTRIBUTIONS FROM EMPLOYERS 525100 11518420 11518420 CONTRIBUTIONS FROM PARTICIPANTS 525100 4936466 4936466 ADDITIONAL EMPLOYER CONTRIBUTIONS 525100 1000000 1000000 PLAN PRESCRIPTION REBATES 525100 654469 654469 18109355 127584 127584 18236939 18109355 0 127584 15247373 163836 59254 2531 46507 58531 68328 1093 11880 29973 21027 624 3500 STOP LOSS INSURANCE 556896 PLAN ADMINISTRATION FEE 290030 OVERHEAD ALLOCATION 49403 BANK FEES 38233 16649019 621300 2261890 132215 186518 90567 104654 185500 185500 1249243 1360588 1699986 1809918 3978811 5909068 174855 376250 428958 373875 603813 750125 X 0 0 0 0 3374998 5158943 3374998 5158943 3978811 5909068 1587920 196025 0 X 0 1 X 1 0 0 CORPORATE BONDS 1809918 F 1809918 PREPAID CONTRIBUTIONS 19175 DUE TO GROUP INSURANCE PLAN 354700 373875 X 17778495 196025 196025 17582470 654469 654469 18236939 15994550 -654469 -654469 16649019 0 16649019 PART X, LINE 2: U.S. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN. THE PLAN SPONSOR EVALUATED THE PLAN'S TAX POSITIONS AND CONCLUDED THAT THE PLAN HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR PLAN YEARS BEFORE JUNE 30, 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: PLAN PRESCRIPTION REBATES NETTED WITH EXPENSES ON AUDIT 654,469. PART XII, LINE 2D - OTHER ADJUSTMENTS: PLAN PRESCRIPTION REBATES NETTED WITH EXPENSES ON AUDIT -654,469. 0 0 0 CAREY MCDONALD EXECUTIVE VP, PLAN SPONSOR 0 190554 0 0 0 162 0 0 0 39321 0 230037 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO ALL TRUSTEES BEFORE FILING AND IS REVIEWED IN COMPARISON WITH THE AUDITED FINANCIAL STATEMENTS TO ENSURE THAT THERE ARE NO OMISSIONS OR MISSTATEMENTS OF MATERIAL FACTS. FORM 990, PART VI, SECTION B, LINE 12C A YEARLY REVIEW IS CONDUCTED, INCLUDING A SIGN OFF ON THE POLICY. ALL OFFICERS AND TRUSTEES ARE INFORMED OF THE POLICY. ANY POSSIBLE CONFLICTS ARE DISCLOSED TO THE MODERATOR. EACH OFFICER AND TRUSTEE SHALL ANNUALLY ACKNOWLEDGE RECEIPT OF THE POLICY AND DISCLOSE ANY INVOLVEMENTS WITH INDIVIDUALS, ORGANIZATIONS, OR VENDORS THAT MIGHT CAUSE, OR MIGHT REASONABLY BE SEEN AS BEING LIKELY TO CAUSE, A CONFLICT. IF AN INTERESTED PERSON DISCLOSES A POSSIBLE CONFLICT OF INTEREST TO THE MODERATOR, OR IF THE MODERATOR BECOMES AWARE THAT A POSSIBLE CONFLICT OF INTEREST EXISTS CONCERNING AN OFFICER OR A TRUSTEE, THE MATTER SHALL BE REFERRED TO THE UNITARIAN UNIVERSALIST ASSOCIATION'S BOARD OF TRUSTEES OR ITS EXECUTIVE COMMITTEE FOR ACTION WITHIN 30 DAYS. THE BOARD, OR ITS EXECUTIVE COMMITTEE, SHALL DETERMINE IF A MATERIAL CONFLICT OF INTEREST EXISTS. PRIOR TO THE DETERMINATION, THE MODERATOR SHALL PRESENT INFORMATION CONCERNING THE POSSIBLE CONFLICT OF INTEREST. THE INTERESTED PERSON SHALL BE GIVEN THE OPPORTUNITY TO MAKE A STATEMENT, EITHER IN PERSON OR IN WRITING. THE DELIBERATIONS OF THE BOARD OR ITS EXECUTIVE COMMITTEE MAY BE HELD IN EXECUTIVE SESSION. THE INTERESTED PERSON MAY NOT BE PRESENT DURING SUCH DELIBERATIONS. IF THE BOARD, OR ITS EXECUTIVE COMMITTEE, DETERMINES THAT A MATERIAL CONFLICT OF INTEREST EXISTS, IT SHALL THEN DETERMINE WHETHER THE PROPOSED TRANSACTION IS JUST, FAIR, AND REASONABLE IN THE LIGHT OF THE DISCLOSURES. IN MAKING ITS DECISION, THE BOARD OR ITS EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS AN EQUALLY ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR INSPECTION UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE FORM 990 IS AVAILABLE ON THE CANDID WEBSITE. UNITARIAN UNIVERSALIST ASSOCIATION 24 FARNSWORTH STREET BOSTON MA 02210 042103733 ASSOCIATION OF RELIGIOUS ORGANIZATIONS MA 501(C)(3) LINE 1 NONE 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0