2025-11-11T10:49:56-07:00 2024-12-31 990 2024-01-01 362154936 CENTRAL STATES SOUTHEAST & SOUTHWEST AREAS HEALTH & WELFARE FUND CENT 8475189800 8647 WEST HIGGINS RD CHICAGO IL 606312803 Peter Priede Senior Director of Finance 8475189800 2025-11-11 1 2024 2025-03-06 01:10:19Z THOMAS C NYHAN 8647 WEST HIGGINS ROAD CHICAGO IL 606312803 56512411827 0 X myteamcare.org X NON PROFIT TAFT HARTLEY 1950 IL To provide Health and Welfare benefits to participants. 8 8 769 0 0 0 0 0 4888172960 4946418912 125140868 520720272 912318 912318 5014226146 5468051502 0 0 3838074947 4052978199 83309923 91358117 0 0 0 144391879 145628256 4065776749 4289964572 948449397 1178086930 14196797261 16587695170 2542788781 3498649919 11654008480 13089045251 To provide Health and Welfare benefits to participants. 0 0 To provide medical, prescription and dental coverage to approximately 241,000 participants. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 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 39305 0 1 769 1 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 1 1 0 X Central States SE & SW Areas Health and Welfare Fund Attn Bradley Grimes 8475189800 8647 West Higgins Rd Chicago IL 606312803 Thomas C Nyhan Executive Director 39 11 X 593682 177333 118308 John J Franczyk Jr General Counsel 36 14 X 313576 128081 123628 Robert Coco Deputy Chief Counsel; Secretary to Board 36 14 X 303830 124099 119924 Steven Van Rossem Senior Director, TeamCare 36 14 X 250275 102225 94755 Peter Priede Senior Director, Employer Svcs/Pension/Finance 36 14 X 224526 91708 118336 Brad Berliner Deputy General Counsel 31 19 X 198529 126929 57582 Charles Lee Deputy General Counsel 31 19 X 187621 119955 57295 Carl E Snyder Chief Technology Officer 37 13 X 223402 78493 57090 James P Eder Group Director, Chief Information Officer 36 14 X 201828 82437 56363 Timothy C Reuter Deputy General Counsel 31 19 X 169771 108542 61113 Albert M Madden Senior Deputy General Counsel 31 19 X 166276 106308 54334 Mark F Angerame Trustee 10 10 X 21252 21252 0 Gary Dunham Trustee 10 10 X 21252 21252 0 Trevor Lawrence Trustee 10 10 X 15939 15939 0 Charles A Whobrey Trustee 10 10 X 3542 3542 0 Joseph Gronek Trustee 10 10 X 0 0 0 Gary F Caldwell Trustee 10 10 X 0 0 0 Christopher J Langan Trustee 20 0 X 0 0 0 Robert Whitaker Trustee 10 10 X 0 0 0 2895301 1308095 918728 125 0 1 0 Blue Cross Blue Shield of Illinois 1001 E Lookout Drive Richardson TX 75082 Administration 69669141 Humana Dental Insurance Company 500 W Main Street Louisville KY 40202 Administration 13114007 Conifer Value-Based Care LLC 7624 Warren Parkway Frisco TX 75034 Administration 13008898 Caremark LLC One CVS Drive Woonsocket RI 02895 Administration 5286276 The Bank of New York Mellon 240 Greenwich Street New York NY 10286 Investment Services 3078896 74 0 H&W Employer Contributions 525100 4891331534 4891331534 0 0 H&W Participants Contributions 525100 55087378 55087378 0 0 0 0 0 0 4946418912 451934164 451934164 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 51113146433 0 51044360325 0 68786108 0 68786108 68786108 0 0 Miscellaneous 900099 912318 912318 0 0 0 0 0 0 912318 5468051502 5468051502 0 0 0 0 0 4052978199 3620048 0 55602176 11559256 16089382 4487255 0 283183 216840 0 0 17261952 4262360 0 5609267 15879249 0 2734629 352264 0 73832 0 0 3250663 474736 Dues, Publications & Subscriptions 90057 PCORI Excise Tax 1329248 TeamCare Provider Network Fees 101792896 Reinsurance Fee Refund (ACA) -8024107 41187 4289964572 0 0 0 948039 1614325 196673978 119442144 684716429 870042232 2940464 4072331 88210855 28764042 61119526 59446813 11450977182 13002554672 1799421643 2530522653 14196797261 16587695170 26649807 30996984 2516138974 3467652935 2542788781 3498649919 X 0 0 0 0 11654008480 13089045251 11654008480 13089045251 14196797261 16587695170 1178086930 256949841 0 0 0 0 X 0 1 X 1 0 0 6104006 6104006 0 52296792 7061991 45234801 0 0 0 0 0 26103692 20237233 5866459 0 3706365 1464818 2241547 59446813 Assets Held Under Securities Lending Agreement 2530522653 2530522653 0 Payables for Securities Purchased 267453400 Liabilities to return Collateral Under Securities Lending Agreement 2530522653 Estimated Claims Liability 654926000 Checks Drawn Against Future Deposits 14750882 3467652935 X 5725001343 256949841 0 0 0 256949841 5468051502 0 0 0 5468051502 4289964572 0 0 0 0 0 4289964572 0 0 0 4289964572 Schedule D, Part X, Line 2 The Internal Revenue Service ("IRS") issued an exemption letter, dated September 11, 1987, stating that the Fund, as then designed, was exempt from federal income tax under Section 501 (c) (9) of the Internal Revenue Code. Fund management believes the Fund, as amended, continues to qualify and to operate in accordance with applicable rules and regulations; therefore, no provision for income taxes is included in these financial statements. Accounting principles generally accepted in the United States of America require Fund management to evaluate tax positions taken by the Fund and recognize a tax liability (or asset) if the Fund has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Fund is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. Fund management believes it is no longer subject to income tax examinations for years prior to 2021. X 1 1 X X X X 0 0 0 Thomas C Nyhan Executive Director 456917 136482 115500 34500 21265 6351 80872 7336 23177 6923 697731 191592 0 0 John J Franczyk Jr General Counsel 281210 114860 26625 10875 5741 2346 83464 10064 21371 8729 418411 146874 0 0 Robert Coco Deputy Chief Counsel; Secretary to Board 270063 110307 26625 10875 7142 2917 81402 9222 20803 8497 406035 141818 0 0 Steven Van Rossem Senior Director, TeamCare 224089 91530 21300 8700 4886 1995 56320 9135 20803 8497 327398 119857 0 0 Peter Priede Senior Director, Employer Svcs/Pension/Finance 199382 81438 17750 7250 7394 3020 81979 9457 19099 7801 325604 108966 0 0 Brad Berliner Deputy General Counsel 178090 113861 17080 10920 3359 2148 18131 11591 16995 10865 233655 149385 0 0 Charles Lee Deputy General Counsel 174561 111605 10675 6825 2385 1525 18541 11854 16409 10491 222571 142300 0 0 Carl E Snyder Chief Technology Officer 201118 70663 8739 3071 13545 4759 22341 7849 19906 6994 265649 93336 0 0 James P Eder Group Director, Chief Information Officer 197225 80557 0 0 4603 1880 20919 8544 19099 7801 241846 98782 0 0 Timothy C Reuter Deputy General Counsel 158246 101173 9455 6045 2070 1324 19194 12271 18085 11563 207050 132376 0 0 Albert M Madden Senior Deputy General Counsel 146441 93626 16165 10335 3670 2347 41814 5923 4024 2573 212114 114804 0 0 Mark F Angerame Trustee 21252 21252 0 0 0 0 0 0 0 0 21252 21252 0 0 Gary Dunham Trustee 21252 21252 0 0 0 0 0 0 0 0 21252 21252 0 0 Trevor Lawrence Trustee 15939 15939 0 0 0 0 0 0 0 0 15939 15939 0 0 Charles A Whobrey Trustee 3542 3542 0 0 0 0 0 0 0 0 3542 3542 0 0 Joseph Gronek Trustee 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Gary F Caldwell Trustee 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Christopher J Langan Trustee 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Robert Whitaker Trustee 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule J, Part I, Line 1a Trustees may receive first-class travel if the Trustee's health, medical or physical condition or similar circumstance requires him or her to travel by first-class or business class on flights of any duration, the Trustee may be reimbursed for the cost of first-class or business class travel. First-class travel occurred a minimal number of times due to a couple of different circumstances. The first instance was due to the first-class airfare being cheaper than a main cabin ticket. The other occurrences were initially paid for by the Fund, with the Trustee reimbursing the Fund for the difference between the cost of a main cabin ticket and a first-class ticket. Under these circumstances, and pursuant to the Fund's Expense Policy, the Executive Director approved this travel due to the extenuating circumstances. The travel was not treated as taxable compensation. Form 990, Part VI, Section B, Line 11b A draft of the Form 990 filing is reviewed by the Executive Director, General Counsel and Senior Director of Finance. The Fund's Trustees are provided a final version of the Form 990 before it is filed with the IRS. Form 990, Part VI, Section B, Line 12c The organization (the "Fund") is operated in accordance with the Employee Retirement Income Security Act of 1974 ("ERISA") and other applicable laws. The Fund provides all employees with a written policy concerning the avoidance of conflicts of interest; this policy specifically provides that any violation of the policy can be grounds for termination. The Fund's management and Internal Audit Department monitor compliance with this policy. Management is assisted in this process through periodic meetings with the Fund's auditors specifically focused on methods to prevent and detect fraud or conflicts. Form 990, Part VI, Section B, Line 15 The compensation of the organization's (the "Fund's") Executive Director was determined by the Fund's Board of Trustees, based upon a review of comparability data, including published compensation surveys, Form 990 data from other funds and the existence of an employment opportunity with another entity competing for the Executive Director's services. The Board of Trustee's compensation determination with respect to the Executive Director was documented in a contract of employment. As with all contracts with service providers entered by the Fund, ERISA requires that the Executive Director's compensation be fixed at a reasonable level. The compensation of officers and key employees of the Fund was determined by the Executive Director, in consultation with the Board of Trustees, based on comparability data, including published salary surveys and Form 990 data from other funds. The compensation determination with respect to officers and key employees was documented in forms executed by the Executive Director. Form 990, Part VI, Section C, Line 19 The organization's (the Fund's) Plan Document and Trust Agreement are available on the Fund's website. The Fund's publicly filed annual report (Form 5500) is available to participants of the Fund upon request. Central States SE and SW Areas Pension Fund 8647 West Higgins Road Chicago IL 606312803 366044243 Defined Benefit Pension Plan IL 501 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 Schedule R, Part II Part IV: We note that the instructions for 2011 and subsequent years' filings have eliminated the prior 10% minimum threshold for providing information on employers that make contributions to a welfare benefits trust such as the Central States Fund. To comply with this change, the Fund is confronted with trying to collect and analyze information for more than 810 contributing employers. We respectfully decline to provide such a voluminous list at this time primarily because: (1) The Fund does not have, or have ready access to, significant portions of this information, such as the type of entity or tax classification of each contributing employer and, over its 70 years of existence, the Fund has had no reason to collect it for its regular operations. (2) Contributing employers to the Fund are not "related" to the Fund in any material way as a legal or factual matter. All decisions concerning governance of the Fund are made by the eight-member Joint Board of Trustees pursuant to ERISA and the Taft-Hartley Act. All operations of the Fund are carried out by employees of the Fund itself with no influence by or assistance from contributing employers. (3) Contributing employers, most of whom are not publicly traded companies, may legitimately wish to not have this non-public information - including their EIN, form of organization and "control" information - disclosed to the Service, especially in view of the availability of Form 990 information to the general public. (4) The Fund is particularly concerned that unrelated parties will use information concerning contributing employers to the Fund to "cross-identify" contributing employers to the Central States, Southeast and Southwest Areas Pension Fund (which is governed by virtually the same Board of Trustees as the Central States Health & Welfare Fund) for the purpose of facilitating lawsuits or potential anti-union activities that result in damage to both Funds. Such identifying information is frequently sought to undermine contributions to the Funds or to otherwise interfere with their operations and is therefore closely guarded by the Central States Funds. There is little doubt that such parties would attempt to use such information to their advantage and to the potential detriment of the Funds. (5) Further, commercial health insurance carriers who are effectively competitors of the Central States Health & Welfare Fund could easily use the Fund's private and proprietary list of its contributing employers (which is comparable to a customer list for the Fund) in an effort to poach those contributing employers from the Fund and to persuade them to cover their employees by means of commercial health insurance instead. This could result in grave harm to the Fund. In summary, we respectfully submit that these concerns outweigh any conceivable interest the Service may have in collecting such voluminous contribution information. Ultimately, every dollar the Fund spends on reporting or other compliance tasks is one less dollar available to fund health and welfare benefits for its approximately 241,000 participants and their families, and for the day-to-day administration of the Fund.