Civic Intelligence

Bay Area Automotive Group Welfare Fund

EIN 94-6072964 • 501(c)9 • Dublin, CA

Profile

To provide health benefits to eligible participants and dependents.

4160 DUBLIN BOULEVARD Suite 100Dublin, CA 94568-7756

n/a

Siviq Scores

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

Liabilities / Assets

76th percentile

0.20x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

0.14x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Net Margin

48th percentile

4.5%

Higher net margin than 48% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Asset Growth

81st percentile

16%

Faster asset growth than 81% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

8.1%

Faster revenue growth than 53% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$35,090,419

Up $4,737,864 (+16%) from 2023

Liabilities

Up

$7,099,614

Up $1,736,693 (+32%) from 2023

Net Assets

Up

$27,990,805

Up $3,001,171 (+12%) from 2023

Revenue

Up

$51,502,039

Up $3,872,421 (+8.1%) from 2023

Expenses

Up

$49,194,828

Up $5,136,432 (+12%) from 2023

Net Income

Down

$2,307,211

Down $1,264,011 (-35%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $20,868,315Liabilities 2010: $4,664,812Net Assets 2010: $16,203,5032010Assets 2011: $19,779,977Liabilities 2011: $5,521,808Net Assets 2011: $14,258,1692011Assets 2012: $16,359,178Liabilities 2012: $5,021,884Net Assets 2012: $11,337,2942012Assets 2013: $16,511,199Liabilities 2013: $4,478,417Net Assets 2013: $12,032,7822013Assets 2014: $15,947,612Liabilities 2014: $4,571,630Net Assets 2014: $11,375,9822014Assets 2015: $15,077,175Liabilities 2015: $4,286,112Net Assets 2015: $10,791,0632015Assets 2016: $14,799,378Liabilities 2016: $4,244,005Net Assets 2016: $10,555,3732016Assets 2017: $14,376,398Liabilities 2017: $4,088,139Net Assets 2017: $10,288,2592017Assets 2018: $18,652,258Liabilities 2018: $5,030,408Net Assets 2018: $13,621,8502018Assets 2019: $21,304,283Liabilities 2019: $4,738,838Net Assets 2019: $16,565,4452019Assets 2020: $20,802,914Liabilities 2020: $3,275,699Net Assets 2020: $17,527,2152020Assets 2021: $24,861,126Liabilities 2021: $4,492,702Net Assets 2021: $20,368,4242021Assets 2022: $26,673,002Liabilities 2022: $5,579,293Net Assets 2022: $21,093,7092022Assets 2023: $30,352,555Liabilities 2023: $5,362,921Net Assets 2023: $24,989,6342023Assets 2024: $35,090,419Liabilities 2024: $7,099,614Net Assets 2024: $27,990,8052024

Highlighted filing

2024

Assets$35,090,419
Liabilities$7,099,614
Net Assets$27,990,805

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $30,856,4572010Expenses 2011: $34,526,6682011Expenses 2012: $35,756,5542012Expenses 2013: $28,417,0102013Revenue 2014: $31,445,923Expenses 2014: $32,160,791Net Income 2014: -$714,8682014Revenue 2015: $33,461,744Expenses 2015: $33,997,398Net Income 2015: -$535,6542015Revenue 2016: $31,702,043Expenses 2016: $31,956,423Net Income 2016: -$254,3802016Revenue 2017: $33,631,707Expenses 2017: $34,047,699Net Income 2017: -$415,9922017Revenue 2018: $42,318,551Expenses 2018: $38,868,406Net Income 2018: $3,450,1452018Revenue 2019: $43,725,551Expenses 2019: $41,015,994Net Income 2019: $2,709,5572019Revenue 2020: $34,588,592Expenses 2020: $33,777,433Net Income 2020: $811,1592020Revenue 2021: $35,240,858Expenses 2021: $32,580,611Net Income 2021: $2,660,2472021Revenue 2022: $42,988,498Expenses 2022: $40,338,320Net Income 2022: $2,650,1782022Revenue 2023: $47,629,618Expenses 2023: $44,058,396Net Income 2023: $3,571,2222023Revenue 2024: $51,502,039Expenses 2024: $49,194,828Net Income 2024: $2,307,2112024

Highlighted filing

2024

Revenue$51,502,039
Expenses$49,194,828
Net Income$2,307,211

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$35.1$7.10$28.0$51.5$49.2$2.31
2023Detailed filing. Detailed filing data is available for this year.$30.4$5.36$25.0$47.6$44.1$3.57
2022Detailed filing. Detailed filing data is available for this year.$26.7$5.58$21.1$43.0$40.3$2.65
2021Detailed filing. Detailed filing data is available for this year.$24.9$4.49$20.4$35.2$32.6$2.66
2020Detailed filing. Detailed filing data is available for this year.$20.8$3.28$17.5$34.6$33.8$0.81
2019Detailed filing. Detailed filing data is available for this year.$21.3$4.74$16.6$43.7$41.0$2.71
2018Detailed filing. Detailed filing data is available for this year.$18.7$5.03$13.6$42.3$38.9$3.45
2017Detailed filing. Detailed filing data is available for this year.$14.4$4.09$10.3$33.6$34.0$0.42
2016Detailed filing. Detailed filing data is available for this year.$14.8$4.24$10.6$31.7$32.0$0.25
2015Detailed filing. Detailed filing data is available for this year.$15.1$4.29$10.8$33.5$34.0$0.54
2014Detailed filing. Detailed filing data is available for this year.$15.9$4.57$11.4$31.4$32.2$0.71
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$4.48$12.0$28.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$5.02$11.3$35.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.8$5.52$14.3$34.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.9$4.66$16.2$30.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Dec 1, 2023 to Nov 30, 2024
Signed
Sep 12, 2025
Return Version
2023v6.0
Gross Receipts
$53,177,334
Mission and Program Overview

Mission

To provide health benefits to eligible participants and dependents.

To provide health benefits to eligible participants and defendents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$24,989,634$27,990,805▲ $3,001,171
Investments in Publicly Traded Securities$14,974,219$21,717,441▲ $6,743,222
Accounts Receivable$5,185,432$5,074,049▼ $111,383
Cash and Non-Interest-Bearing Accounts$5,203,019$4,372,053▼ $830,966
Savings and Temporary Cash Investments$4,519,612$3,727,799▼ $791,813
Prepaid Expenses and Deferred Charges$26,610$26,930▲ $320
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$30,352,555$35,090,419▲ $4,737,864
Other Assets Total$443,663$172,147▼ $271,516
Liabilities
Other Liabilities$3,683,000$4,659,000▲ $976,000
Accounts Payable and Accrued Expenses$1,679,921$2,440,614▲ $760,693
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$5,362,921$7,099,614▲ $1,736,693
Net Assets / Fund Balance
Total Net Assets Fund Balance$24,989,634$27,990,805▲ $3,001,171
Total Liabilities and Net Assets / Fund Balance$30,352,555$35,090,419▲ $4,737,864
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tony DelorioChairman
Glenn BerkheimerCo-chairman
Florencio SinoguiTrustee
Jason FinchTrustee
Juan GalloTrustee
See Schedule O for CompensationPaid by Related Organizations

Highest Paid Contractors

ContractorServicesLocationCompensation
Health Services Benefit Adminadmin services4160 DUBLIN BOULEVARD SUITE 100, Dublin, CA 94568-7756$1,009,224
Withumsmithbrown PCaCCOUNTING FEEs6101 BOLLINGER CANYON RD STE 400, San Ramon, CA 94583$208,612
Rael LetsonConsultant2800 CAMPUS DRIVE SUITE 150, San Mateo, CA 94403$159,575
Beeson Tayer BodineAttorney Fees483 9th Street Suite 200, Oakland, CA 94607$129,316
Blue cross of californiappo networkDepartment 5812, Los Angeles, CA 90074-5812$116,912
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$50,809,886
Investment Income
$687,949
Other Revenue
$4,204
Change in Net Assets
$2,307,211

Audited Revenue Reconciliation

Revenue per Audited Statements
$51,446,416
Revenue Not Reported on Financial Statements
$55,623
Revenue Not Reported on Form 990
$693,960
Total Revenue per Audited Statements
$52,140,376
Total Revenue per Form 990
$51,502,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,803,638
Salaries, Compensation, and Employee Benefits$28,203
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$47,362,987
Fees for Services Management---$1,016,023
Fees for Services Other---$307,051
Fees for Services Accounting---$193,614
Office Expenses---$85,806
Fees for Services Legal---$76,401
Fees for Service Investment Mgmnt Fees---$55,623
Insurance---$40,967
Payroll Taxes---$28,203
Conferences and Meetings---$28,153
Total Functional Expenses$0$0$0$49,194,828

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$49,194,828
Expenses per Audited Statements$47,411,623
Total Expenses per Audited Statements$47,411,623
Expenses Not Reported on Financial Statements$1,783,205
Other Expense Adjustments$1,727,582
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign 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
Accumulated Eligibility Credits$4,659,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 3:

The trust has contracted with health services & benefit administrators, inc., to provide administrative services for the organization.

FORM 990, PART VI, SECTION A, LINE 8B:

There is no committee with authority to act on behalf of the governing body.

FORM 990, PART VI, SECTION B, LINE 11B:

A copy of the form 990 was provided to the board of trustees for review. Review of the form 990 was conducted by the board prior to filing with the irs.

FORM 990, PART VI, SECTION B, LINE 12C:

At least once a year, trustees and other individuals who are subject to the conflict of interest policy will be asked to disclose in writing any relationship or interests that could give rise to a conflict. Should any individual covered by the policy determine or suspect that he or she possesses an actual or potential conflict of interest, such individual must disclose the existence of the financial interest or relationship giving rise to the conflict and disclose all relevant facts prior to participating in any decision to enter into any proposed transaction or arrangement or, if later, as soon as the actual or potential conflict is recognized.

FORM 990, PART VII, SECTION A, LINE 1A:

Trustees are not compensated by the trust. Compensation paid to trustees employed by other related organizations is reported on the form 990 filed with the internal revenue service by the related tax-exempt organization. If you would like additional information, please contact the third-party administrator, health services & benefit administrators, inc.

Filing and Contact Details

Filer

Filer Name
Bay Area Automotive Group Welfare Fund
EIN
94-6072964
In Care Of
% HEALTH SERVICES & BENEFITS A
Phone
9258337300
Address
4160 DUBLIN BOULEVARD Suite 100, Dublin, CA 94568-7756

Signing Officer

Name
Tony Delorio
Title
Trustee
Phone
9258337300
Signed
2025-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tony Delorio
Formed
1954
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
1
Employees
15
Volunteers
0

Preparer

Firm
Withumsmithbrownpc
Address
6101 BOLLINGER CANYON RD STE 400, SAN RAMON, CA 94583
Preparer
Joseph M Thiermann
Phone
9252779100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board of trustees assumes responsibility for oversight of the audit of its financial statements and selection of an independent auditor. This process has not changed.

Financial Statement Notes

FORM 990, SCHEDULE D, PART X, LINE 2:

The plan's administrator has analyzed the tax positions taken by the plan and has concluded that, as of november 30, 2024 and 2023, there are no uncertain positions taken, or expected to be taken, that would require recognition of a liability or disclosure in the financial statements. The plan is subject to routine audits by the taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Form 990, Schedule D, Part XII, Line 4B - Other Adjustments

Change in benefit obligations $1,727,582

Raw XML AppendixShowing 400 of 478 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/PersonNm1Glenn Berkheimer
IRS990/Form990PartVIISectionAGrp/PersonNm2Jason Finch
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN'S ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT, AS OF NOVEMBER 30, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN BENEFIT OBLIGATIONS $1,727,582
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE D, PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, SCHEDULE D, PART XII, LINE 4B - OTHER ADJUSTMENTS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST HAS CONTRACTED WITH HEALTH SERVICES & BENEFIT ADMINISTRATORS, INC., TO PROVIDE ADMINISTRATIVE SERVICES FOR THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW. REVIEW OF THE FORM 990 WAS CONDUCTED BY THE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT LEAST ONCE A YEAR, TRUSTEES AND OTHER INDIVIDUALS WHO ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY WILL BE ASKED TO DISCLOSE IN WRITING ANY RELATIONSHIP OR INTERESTS THAT COULD GIVE RISE TO A CONFLICT. SHOULD ANY INDIVIDUAL COVERED BY THE POLICY DETERMINE OR SUSPECT THAT HE OR SHE POSSESSES AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, SUCH INDIVIDUAL MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST OR RELATIONSHIP GIVING RISE TO THE CONFLICT AND DISCLOSE ALL RELEVANT FACTS PRIOR TO PARTICIPATING IN ANY DECISION TO ENTER INTO ANY PROPOSED TRANSACTION OR ARRANGEMENT OR, IF LATER, AS SOON AS THE ACTUAL OR POTENTIAL CONFLICT IS RECOGNIZED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRUSTEES ARE NOT COMPENSATED BY THE TRUST. COMPENSATION PAID TO TRUSTEES EMPLOYED BY OTHER RELATED ORGANIZATIONS IS REPORTED ON THE FORM 990 FILED WITH THE INTERNAL REVENUE SERVICE BY THE RELATED TAX-EXEMPT ORGANIZATION. IF YOU WOULD LIKE ADDITIONAL INFORMATION, PLEASE CONTACT THE THIRD-PARTY ADMINISTRATOR, HEALTH SERVICES & BENEFIT ADMINISTRATORS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3:
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TEAMSTERS LOCAL NO 665
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IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0THE FILING ORGANIZATION IS A TAFT-HARTLEY MULTIEMPLOYER TRUST THAT PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS. AS OF NOVEMBER 30, 2024, THERE ARE APPROXIMATELY 47 EMPLOYERS THAT CONTRIBUTE TO THE TRUST. THE ADMINISTRATIVE OFFICE MAINTAINS A DATABASE OF THESE CONTRIBUTING EMPLOYERS, INCLUDING NAMES, ADDRESSES AND OTHER CONTACT INFORMATION. THE FEDERAL TAX CLASSIFICATION (DISREGARDED ENTITY, TAX-EXEMPT ORGANIZATION, PARTNERSHIP, TAXABLE CORPORATION OR TRUST) FOR EACH CONTRIBUTING EMPLOYER IS NOT ON FILE WITH THE ADMINISTRATIVE OFFICE AND IT COULD NOT BE REASONABLY OBTAINED. AS A RESULT, THE NAMES OF THE CONTRIBUTING EMPLOYERS ARE LISTED ON PART VII BELOW AND NOT ON PARTS II THROUGH IV BY FEDERAL TAX CLASSIFICATION. LAZ PARKING 555 CALIFORNIA GARAGE LLC ABM PARKING SERVICES - SJ COMMERCIAL ACE PARKING - SAN JOSE BABBITT BEARING COMPANY BAUER'S HOTEL SHUTTLE LLC COAST COUNTIES TRUCK & EQUIPMENT CO DOUGLAS PARKING - STANFORD HOSPITAL EVOLUTION HOSPITALITY LLC FIRST STUDENT (FAMILY DENTAL 10399) FRONTIER FORD GLOBAL PARKING SYSTEM OF LOUSIANA IMPERIAL PARKING INC (IMPARK) GRATON DAY LABOR CENTER HERTZ SFO HS&BA JOCKEY CLUB LOCAL 665 PL34 LOOMIS ARMORED US INC METROPOLIS EMPLOYEE SERVICES, LLC MISSION VALLEY FORD TRUCK MOORE BUICK CO STANDARD PARKING SJ (SP PLUS) NORMANDIN CHRYSLER JEEP (MACHINISTS) PACIFIC PARK MANAGEMENT PALACE GARAGE (KYO-YA CO) PARKING CONCEPTS INC PCAM - HYATT BURLINGAME PROPARK AMERICA WEST (B) RAIZES COLLECTIVE RECOLOGY RECTOR MOTOR CAR COMPANY RYDER TRANSPORT SERVICES SAN FRANCISCO LABOR COUNCIL SERRAMONTE FORD SF PARKING/SFIA EE PARK #2 SFO SHUTTLE BUS-CITY PARK (LOOP) SP PLUS - SJIA (SUPVRS/AUDITORS) STEVENS CREEK TOYOTA TEGSCO LLC TM INDUSTRIES INC TOYOTA OF PALO ALTO TRANSDEV SERVICES INC UNIPART/JAGUAR CARS INC YMCA OF SILICON VALLEY ZUM SERVICES (NON-CDL DRIVERS) GLENCORE RECYCLING INC
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE R, IDENTIFICATION OF RELATED ORGANIZATIONS:
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