Civic Intelligence

Ameren Health & Welfare Trust

EIN 04-3294359 • 501(c)9 • Saint Louis, MO

Profile

Provide welfare benefits to eligible members

PO Box 66149 Mc1070Saint Louis, MO 63166

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.01x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Source year 2024

Net Margin

86th percentile

39%

Higher net margin than 86% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

56th percentile

$73,589

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

501(c)9 • $250M-$1B nonprofits • Source year 2024

Asset Growth

55th percentile

6.3%

Faster asset growth than 55% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-23%

Faster revenue growth than 7% of similar nonprofits.

501(c)9 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$772,439,059

Up $45,684,609 (+6.3%) from 2023

Liabilities

Up

$293,427

Up $66,469 (+29%) from 2023

Net Assets

Up

$772,145,632

Up $45,618,140 (+6.3%) from 2023

Revenue

Down

$57,701,223

Down $17,676,892 (-23%) from 2023

Expenses

Down

$34,982,135

Down $14,874,653 (-30%) from 2023

Net Income

Down

$22,719,088

Down $2,802,239 (-11%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0B$500M$0Assets 2010: $512,052,427Liabilities 2010: $16,832,590Net Assets 2010: $495,219,8372010Assets 2011: $602,897,574Liabilities 2011: $57,757,620Net Assets 2011: $545,139,9542011Assets 2012: $670,447,510Liabilities 2012: $73,890,068Net Assets 2012: $596,557,4422012Assets 2013: $750,723,717Liabilities 2013: $69,758,608Net Assets 2013: $680,965,1092013Assets 2014: $775,809,423Liabilities 2014: $90,079,801Net Assets 2014: $685,729,6222014Assets 2015: $712,113,048Liabilities 2015: $49,346,900Net Assets 2015: $662,766,1482015Assets 2016: $731,229,774Liabilities 2016: $50,546,348Net Assets 2016: $680,683,4262016Assets 2017: $808,102,471Liabilities 2017: $52,295,718Net Assets 2017: $755,806,7532017Assets 2018: $694,656,368Liabilities 2018: $15,443,358Net Assets 2018: $679,213,0102018Assets 2019: $781,180,072Liabilities 2019: $195,414Net Assets 2019: $780,984,6582019Assets 2020: $858,436,210Liabilities 2020: $392,328Net Assets 2020: $858,043,8822020Assets 2021: $900,119,416Liabilities 2021: $173,201Net Assets 2021: $899,946,2152021Assets 2022: $740,068,258Liabilities 2022: $276,288Net Assets 2022: $739,791,9702022Assets 2023: $726,754,450Liabilities 2023: $226,958Net Assets 2023: $726,527,4922023Assets 2024: $772,439,059Liabilities 2024: $293,427Net Assets 2024: $772,145,6322024

Highlighted filing

2024

Assets$772,439,059
Liabilities$293,427
Net Assets$772,145,632

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300M$200M$100M$0-$100MRevenue 2010: $180,733,298Expenses 2010: $168,039,714Net Income 2010: $12,693,5842010Expenses 2011: $152,337,4092011Revenue 2012: $168,240,675Expenses 2012: $161,092,738Net Income 2012: $7,147,9372012Revenue 2013: $187,432,803Expenses 2013: $165,367,757Net Income 2013: $22,065,0462013Revenue 2014: $182,781,260Expenses 2014: $166,582,743Net Income 2014: $16,198,5172014Revenue 2015: $173,865,840Expenses 2015: $164,372,932Net Income 2015: $9,492,9082015Revenue 2016: $187,577,379Expenses 2016: $161,183,404Net Income 2016: $26,393,9752016Revenue 2017: $179,773,414Expenses 2017: $171,203,892Net Income 2017: $8,569,5222017Revenue 2018: $174,478,614Expenses 2018: $175,080,094Net Income 2018: -$601,4802018Revenue 2019: $231,360,264Expenses 2019: $182,282,551Net Income 2019: $49,077,7132019Revenue 2020: $168,618,744Expenses 2020: $175,544,367Net Income 2020: -$6,925,6232020Revenue 2021: $180,801,969Expenses 2021: $175,915,366Net Income 2021: $4,886,6032021Revenue 2022: $173,340,079Expenses 2022: $183,577,512Net Income 2022: -$10,237,4332022Revenue 2023: $75,378,115Expenses 2023: $49,856,788Net Income 2023: $25,521,3272023Revenue 2024: $57,701,223Expenses 2024: $34,982,135Net Income 2024: $22,719,0882024

Highlighted filing

2024

Revenue$57,701,223
Expenses$34,982,135
Net Income$22,719,088

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$772$0.29$772$57.7$35.0$22.7
2023Detailed filing. Detailed filing data is available for this year.$727$0.23$727$75.4$49.9$25.5
2022Detailed filing. Detailed filing data is available for this year.$740$0.28$740$173$184$10.2
2021Detailed filing. Detailed filing data is available for this year.$900$0.17$900$181$176$4.89
2020Detailed filing. Detailed filing data is available for this year.$858$0.39$858$169$176$6.93
2019Detailed filing. Detailed filing data is available for this year.$781$0.20$781$231$182$49.1
2018Detailed filing. Detailed filing data is available for this year.$695$15.4$679$174$175$0.60
2017Detailed filing. Detailed filing data is available for this year.$808$52.3$756$180$171$8.57
2016Detailed filing. Detailed filing data is available for this year.$731$50.5$681$188$161$26.4
2015Detailed filing. Detailed filing data is available for this year.$712$49.3$663$174$164$9.49
2014Detailed filing. Detailed filing data is available for this year.$776$90.1$686$183$167$16.2
2013Detailed filing. Detailed filing data is available for this year.$751$69.8$681$187$165$22.1
2012Summary only. Only limited summary data is available for this year.$670$73.9$597$168$161$7.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$603$57.8$545$152
2010Summary only. Only limited summary data is available for this year.$512$16.8$495$181$168$12.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$57,701,223
Mission and Program Overview

Mission

Provide welfare benefits to eligible members

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$726,527,492$772,145,632▲ $45,618,140
Investments Other Securities$575,332,062$600,463,157▲ $25,131,095
Investments in Publicly Traded Securities$95,911,188$105,148,248▲ $9,237,060
Savings and Temporary Cash Investments$55,211,654$66,395,792▲ $11,184,138
Accounts Receivable$228,733$295,432▲ $66,699
Cash and Non-Interest-Bearing Accounts$70,813$136,430▲ $65,617
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$726,754,450$772,439,059▲ $45,684,609
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$226,958$293,427▲ $66,469
Other Liabilities$0$0→ $0
Total Liabilities$226,958$293,427▲ $66,469
Net Assets / Fund Balance
Total Net Assets Fund Balance$726,527,492$772,145,632▲ $45,618,140
Total Liabilities and Net Assets / Fund Balance$726,754,450$772,439,059▲ $45,684,609

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$45,106,908--
Compensation and Service Providers

Employees

NameTitleBaseTotal
The Bank of New York MellonTrustee$73,589$73,589

Highest Paid Contractors

ContractorServicesLocationCompensation
Wellington Trust Company NaInvestment Mgmt280 Congress Street, 30th Floor, Boston, MA 02210$456,390
Boston Partners GlobalInvestment MgmtOne Beacon Street, 8th Floor, Boston, MA 02108$327,390
Pzena Investment ManagementInvestment Mgmt320 Park Avenue, 23rd Floor, New York, NY 10022$261,600
William Blair InvestmentInvestment Mgmt150 North Riverside Plaza, Chicago, IL 60606$185,816
Westfield Capital ManagementInvestment Mgmt1 Financial Ctr, Boston, MA 02111$171,572
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,137,761
Investment Income
$53,563,462
Other Revenue
$0
Change in Net Assets
$22,719,088

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,717,118
Salaries, Compensation, and Employee Benefits$73,589
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$32,191,428
Fees for Service Investment Mgmnt Fees---$1,432,697
Fees for Services Other---$1,225,930
Current Officers, Directors, Trustees, and Key Employees---$73,589
Fees for Services Accounting---$58,491
Total Functional Expenses$0$0$0$34,982,135

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Other Expense Adjustments$0
Total Expenses per Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes-
Other Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15 Determination of Compensation

The organization does not have officers or key employees that receive compensation. Therefore, this question is not applicable and has been answered "no" in accordance with the form 990 instructions.

Form 990, Part VI, Line 1A Delegate broad authority to A committee

As stated in the Plan Documents, the Administrative Committee is charged with overseeing the administration of the Plan. The Administrative Committee has the full power, authority and responsibility as "plan administrator "named fiduciary" under ERISA with response to the general administration of the Plan. The committee shall be led by a Chairperson who shall be the Chief Human Resources Officer, or if no such position exists, the Assistant Vice President - Corporate Human Resources. The Chairperson of the Administrative Committee shall be responsible for leadership of the Administrative Committee, and shall have the powers and duties incident to that position, including but not limited to setting agendas for meetings, presiding at such meetings, delegating authority to other members to lead meetings and appointing members to the Committee. The Chairperson of the Administrative Committee shall appoint at least four, but no more than eight persons to serve as members of the Administrative Committee. The Chairperson shall also appoint a secretary who need not be a member of the Administrative Committee to prepare and maintain minutes of meetings and other records of the Administrative Committee.

Form 990, Part VI, Line 8A Documentation of meetings held by governing body

Bny mellon is the institutional trustee of this voluntary employees' beneficiary association under irc 501(c)(9) formed to fund certain welfare benefits of current and former employees of ameren corporation. There are no meetings of the governing body or committees to document.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 is reviewed internally by the investment trust department of ameren corporation prior to filing with the irs.

Form 990, Part VI, Line 19 Required documents available to the public

As a 501(c)(9) organization, the trust is not required to make the documents referenced in question 19 available to the general public.

Form 990, Part VII, Section A AVERAGE HOURS PER WEEK

The bank of new york mellon provides directed trustee services for ameren health and welfare trust. These services require numerous individual bank employees' involvement in the activities of the organization and thus cannot be quantified on an hourly basis. Therefore, the trustee's fees are not based upon an hourly basis but are calculated based upon factors such as the market value of the account and in accordance with the bank of new york mellon's agreement with ameren corporation.

Form 990, Part VI, Sections A & B, Lines 8, 12-15 Governing Body & Mgmt/ Policies

These questions are not applicable to the trust. Additionally, the trust does not have any employees. Therefore, no processes related to employee compensation are in place.

Filing and Contact Details

Filer

Filer Name
Ameren Health and Welfare Trust
EIN
04-3294359
Phone
3145542400
Address
PO BOX 66149 MC1070, SAINT LOUIS, MO 63166

Signing Officer

Name
Darryl Sagel
Title
VP, Corp Development & Acquisitions
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
2001
Legal Domicile
Ma
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Crowe Llp
Address
701 13th St NW Suite 852, Washington, DC 20005
Preparer
Steve Lenivy
Phone
2026245555
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

DISTRIBUTION TO PLAN ADMINISTRATOR - -76; Total - -76;

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

Accounting principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2024, and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Plan administrator believes it is no longer subject to income tax examinations for years prior to 2021.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Accounting principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2024, and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Plan administrator believes it is no longer subject to income tax examinations for years prior to 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE OFFICERS OR KEY EMPLOYEES THAT RECEIVE COMPENSATION. THEREFORE, THIS QUESTION IS NOT APPLICABLE AND HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1As stated in the Plan Documents, the Administrative Committee is charged with overseeing the administration of the Plan. The Administrative Committee has the full power, authority and responsibility as "plan administrator "named fiduciary" under ERISA with response to the general administration of the Plan. The committee shall be led by a Chairperson who shall be the Chief Human Resources Officer, or if no such position exists, the Assistant Vice President - Corporate Human Resources. The Chairperson of the Administrative Committee shall be responsible for leadership of the Administrative Committee, and shall have the powers and duties incident to that position, including but not limited to setting agendas for meetings, presiding at such meetings, delegating authority to other members to lead meetings and appointing members to the Committee. The Chairperson of the Administrative Committee shall appoint at least four, but no more than eight persons to serve as members of the Administrative Committee. The Chairperson shall also appoint a secretary who need not be a member of the Administrative Committee to prepare and maintain minutes of meetings and other records of the Administrative Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BNY MELLON IS THE INSTITUTIONAL TRUSTEE OF THIS VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION UNDER IRC 501(C)(9) FORMED TO FUND CERTAIN WELFARE BENEFITS OF CURRENT AND FORMER EMPLOYEES OF AMEREN CORPORATION. THERE ARE NO MEETINGS OF THE GOVERNING BODY OR COMMITTEES TO DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED INTERNALLY BY THE INVESTMENT TRUST DEPARTMENT OF AMEREN CORPORATION PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AS A 501(C)(9) ORGANIZATION, THE TRUST IS NOT REQUIRED TO MAKE THE DOCUMENTS REFERENCED IN QUESTION 19 AVAILABLE TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BANK OF NEW YORK MELLON PROVIDES DIRECTED TRUSTEE SERVICES FOR AMEREN HEALTH AND WELFARE TRUST. THESE SERVICES REQUIRE NUMEROUS INDIVIDUAL BANK EMPLOYEES' INVOLVEMENT IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CANNOT BE QUANTIFIED ON AN HOURLY BASIS. THEREFORE, THE TRUSTEE'S FEES ARE NOT BASED UPON AN HOURLY BASIS BUT ARE CALCULATED BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH THE BANK OF NEW YORK MELLON'S AGREEMENT WITH AMEREN CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DISTRIBUTION TO PLAN ADMINISTRATOR - -76; Total - -76;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THESE QUESTIONS ARE NOT APPLICABLE TO THE TRUST. ADDITIONALLY, THE TRUST DOES NOT HAVE ANY EMPLOYEES. THEREFORE, NO PROCESSES RELATED TO EMPLOYEE COMPENSATION ARE IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 15 Determination of Compensation
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 1a Delegate broad authority to a committee
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 8a Documentation of meetings held by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VII, Section A AVERAGE HOURS PER WEEK
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, Line 9 Other changes in net assets or fund balances
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTIONS A & B, LINES 8, 12-15 GOVERNING BODY & MGMT/ POLICIES
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CROWE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0701 13th St NW Suite 852
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Washington
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE LENIVY
ReturnHeader/ReturnTs02025-11-17T10:04:04+00:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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