Structural Iron Workers Local 1 Welfare Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362196735 ✦ Forest park, IL ✦ Designated as a 501(c)(9)

Overview

What is Structural Iron Workers Local 1 Welfare Fund?

The Structural Iron Workers Local 1 Welfare Fund is a non-profit organization based in Forest Park, Illinois, with the address 7700 Industrial Drive. This entity is dedicated to offering essential benefits to eligible participants and their beneficiaries. The extensive scope of these benefits includes medical coverage, dental care, optical services, hearing aids, disability assistance, and death benefits, as well as health reimbursement accounts. The mission of the Structural Iron Workers Local 1 Welfare Fund is to provide and facilitate the access to these benefits as outlined in the plan document.


Official website here: www.iwlocal1.com

Is Structural Iron Workers Local 1 Welfare Fund legitimate?

Structural Iron Workers Local 1 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Structural Iron Workers Local 1 Welfare Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.iwlocal1.com

What is the mission statement of Structural Iron Workers Local 1 Welfare Fund?

The Structural Iron Workers Local 1 Welfare Fund is dedicated to extending benefits to eligible participants and their beneficiaries as outlined in the plan document. The primary focus of this organization is to ensure the provision of essential medical, dental, optical, hearing aid, disability, death benefits, and health reimbursement accounts. By doing so, it aims to secure peace of mind and financial security for those involved. The welfare fund's purpose is to support and enhance the overall well-being of its members and their dependents, ultimately improving their quality of life.


Official website here: www.iwlocal1.com

Who is the CEO of Structural Iron Workers Local 1 Welfare Fund?

John F Gardiner is the Employer Trustee of Structural Iron Workers Local 1 Welfare Fund.


Official website here: www.iwlocal1.com

What is the revenue of Structural Iron Workers Local 1 Welfare Fund?

Structural Iron Workers Local 1 Welfare Fund's revenue in 2022 was $36,945,975.


Official website here: www.iwlocal1.com

Who are the executives of Structural Iron Workers Local 1 Welfare Fund and what are their salaries?

Here are 6 key members and their salaries:

    Craig Satalic (Union Trustee)
  • Compensation: $0
  • Related: $237,494
  • Other: $191,300

    • Todd Villa (Union Trustee)
  • Compensation: $0
  • Related: $195,546
  • Other: $168,124

    • John Gardiner (Union Trustee)
  • Compensation: $0
  • Related: $193,641
  • Other: $165,358

    • David Quin (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Clark (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Esposito (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.iwlocal1.com

    Where can I find the form 990 for Structural Iron Workers Local 1 Welfare Fund?

    The Structural Iron Workers Local 1 Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.iwlocal1.com

    Learn more at the official website: www.iwlocal1.com

    Mission Statement of Structural Iron Workers Local 1 Welfare Fund

    Structural Iron Workers Local 1 Welfare Fund is a dedicated organization that aims to extend essential benefits to its eligible participants and their beneficiaries, as outlined in the plan document. This nonprofit entity takes pride in its mission to provide comprehensive coverage, encompassing medical, dental, optical, hearing aids, disability, and death benefits, along with health reimbursement accounts. By doing so, it ensures that the people it serves have access to crucial services necessary for maintaining good health and well-being. In essence, Structural Iron Workers Local 1 Welfare Fund stands as a vital safety net for its members, offering them peace of mind and security in times of need.

    Impact

    This information is meant to be a general summary of Structural Iron Workers Local 1 Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the Structural Iron Workers Local 1 Welfare Fund is significant in providing participants and their beneficiaries with essential benefits outlined in the plan document. These benefits include medical, dental, optical, hearing aids, disability, death benefits, and health reimbursement accounts. By offering these crucial services, the fund supports the well-being and financial security of eligible individuals and their families. This assistance plays a vital role in ensuring that participants have access to necessary healthcare services and financial support when needed.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $971,193
  • Program Service Revenue: $35,974,782
  • Gross Receipts: $40,774,283

    • Assets and Liabilities:
  • Total Assets: $50,898,953
  • Total Liabilities: $3,107,750
  • Net Assets: $47,791,203
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER CONTRIBUTIONS

    Revenue

    $31,836,536

    PRESCRIPTION REBATES

    Revenue

    $2,524,398

    RETIREE CO-PAYMENTS

    Revenue

    $1,345,815

    COBRA CONTRIBUTIONS

    Revenue

    $268,033

    Organization Details

    Founding Year

    1951

    Principal Officer

    John F Gardiner

    Main Address

    7700 INDUSTRIAL DRIVE, FOREST PARK, IL, 60130

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Structural Iron Workers Local 1 Welfare Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.