Ironworkers Local 395 Trust Fund

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

EIN: 356327302 ✦ Oak brook, IL ✦ Designated as a 501(c)(9)

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Overview

What is Ironworkers Local 395 Trust Fund?

The Ironworkers Local 395 Trust Fund is a nonprofit organization dedicated to offering health benefits for eligible participants and their dependents. Based on the information provided, the organization's mission revolves around providing essential health benefits, including health, life, accidental death & dismemberment, dental, and vision coverage. The Trust Fund is committed to ensuring the well-being of its members by extending these benefits to enhance their overall quality of life.

Is Ironworkers Local 395 Trust Fund legitimate?

Ironworkers Local 395 Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ironworkers Local 395 Trust 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 tax deductible.


Heare 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

What is the mission statement of Ironworkers Local 395 Trust Fund?

The Ironworkers Local 395 Trust Fund is committed to delivering health benefits to eligible participants and their dependents. This mission is carried out through the provision of comprehensive coverage, which includes health, life, accidental death and dismemberment, dental, and vision benefits. The primary goal is to ensure access to essential healthcare services for those enrolled in the fund. Additionally, the Trust Fund strives to maintain a robust benefits package that adapts to the ever-evolving healthcare landscape and the needs of its members. The organization's dedication to providing health benefits is aimed at enhancing the overall well-being and quality of life for its participants.

Who is the CEO of Ironworkers Local 395 Trust Fund?

Ronald Ware is the Union Trustee of Ironworkers Local 395 Trust Fund.

What is the revenue of Ironworkers Local 395 Trust Fund?

Ironworkers Local 395 Trust Fund's revenue in 2022 was $16,825,764.

Who are the executives of Ironworkers Local 395 Trust Fund and what are their salaries?

There are 33 employees at Ironworkers Local 395 Trust Fund.


Here are 4 key members and their salaries:


Ronald Ware Jr (Union Trustee)
  • Compensation: $0
  • Related: $150,657
  • Other: $130,238
Jim Stemmler Jr (Union Trustee)
  • Compensation: $0
  • Related: $147,168
  • Other: $130,238
Steve Michaels (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Tipton (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ironworkers Local 395 Trust Fund?

Ironworkers Local 395 Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ironworkers Local 395 Trust Fund

The Ironworkers Local 395 Trust Fund is a mission-driven organization committed to providing health benefits for eligible participants and their dependents. Established with a clear objective, this trust fund prioritizes the well-being of its beneficiaries by offering comprehensive health, life, accidental death and dismemberment, dental, and vision coverage.

In pursuit of its mission, the Ironworkers Local 395 Trust Fund extends its reach beyond the basics of healthcare. It aims to ensure that the individuals it serves have access to essential health services, enabling them to maintain optimal health and live their lives to the fullest. By providing these benefits, the Trust Fund not only addresses immediate health needs but also invests in the long-term well-being of its members and their families.

The Ironworkers Local 395 Trust Fund takes pride in its role as a safety net for those in need, offering a sense of security and peace of mind during challenging times. The organization's unwavering dedication to its cause has positioned it as a vital resource within the community, fostering better health outcomes and ultimately, improving the overall quality of life for its members.

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Impact




October, 2024

The Ironworkers Local 395 Trust Fund plays a crucial role in enhancing the well-being of eligible participants and their dependents by providing comprehensive health benefits. This includes coverage for medical expenses, life insurance, accidental death and dismemberment, as well as dental and vision care. By ensuring access to essential health services, the Trust Fund significantly contributes to the physical and financial health of individuals in the ironworking community in Oak Brook, IL. Its commitment to delivering these benefits helps to reduce healthcare-related stress and promotes a healthier workforce, ultimately fostering a supportive environment for both workers and their families.




This information is meant to be a general summary of Ironworkers Local 395 Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$16,825,764 (2022)
Expenses
$17,962,881 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$1,561,016
  • Program Service Revenue: $18,341,281
  • Gross Receipts: $46,347,023

Assets and Liabilities:

  • Total Assets: $57,751,240
  • Total Liabilities: $800,404
  • Net Assets: $56,950,836

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$15,348,780

PARTICIPANT CONTRIBUTIONS

Revenue

$2,206,282

PRESCRIPTION DRUG REBATES

Revenue

$617,323

COBRA SUBSIDIES

Revenue

$168,896

Organization Details

Founding Year

1977

Principal Officer

Ronald Ware

Main Address

2625 BUTTERFIELD ROAD 208E, OAK BROOK, IL, 60523

NTEE Category

Code: Y40 - Mutual benefit

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