Mid-America Carpenters Regional Council Health Fund

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

EIN: 362229735 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Mid-America Carpenters Regional Council Health Fund?

The Mid-America Carpenters Regional Council Health Fund functions as a health benefit organization. Its primary mission is to offer various health benefits, such as healthcare coverage, prescription drugs, dental care, vision services, life and accident insurance, and disability benefits to eligible participants and their dependents. The organization adheres to its plan document and benefits schedule in providing these services.


Official website here: www.carpenterbenefits.org

Is Mid-America Carpenters Regional Council Health Fund legitimate?

Mid-America Carpenters Regional Council Health Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mid-America Carpenters Regional Council Health 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


Official website here: www.carpenterbenefits.org

What is the mission statement of Mid-America Carpenters Regional Council Health Fund?

The Mid-America Carpenters Regional Council Health Fund functions as a health benefit provider. Its mission is to offer health benefits, encompassing healthcare coverage, prescription drugs, dental care, vision services, life and accident insurance, and disability benefits, to eligible participants and their dependents, as outlined in the plan document and benefits schedule.


Official website here: www.carpenterbenefits.org

What is the revenue of Mid-America Carpenters Regional Council Health Fund?

Mid-America Carpenters Regional Council Health Fund's revenue in 2024 was $324,114,744.


Official website here: www.carpenterbenefits.org

Who are the executives of Mid-America Carpenters Regional Council Health Fund and what are their salaries?

Here are 20 key members and their salaries:


Gerald W Thiel Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Geshwender (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Forest (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Tuhowski Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Pogose (Trustee)
  • Compensation: $0
  • Related: $291,468
  • Other: $140,353
Michael Sudol (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John M Jarger (Trustee)
  • Compensation: $0
  • Related: $273,652
  • Other: $137,985
Gary Perinar Jr (Trustee)
  • Compensation: $0
  • Related: $396,655
  • Other: $170,112
Jeffrey Isaacson (Trustee - Past)
  • Compensation: $0
  • Related: $460,203
  • Other: $154,430
Thomas Ryan Jr (Trustee)
  • Compensation: $0
  • Related: $203,524
  • Other: $115,817
Brett Szabo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mclaughlin (Trustee - New)
  • Compensation: $0
  • Related: $264,787
  • Other: $132,073
Wade Beasley (Trustee - New)
  • Compensation: $0
  • Related: $213,996
  • Other: $130,134
Kristina Guastaferri (Executive Director)
  • Compensation: $0
  • Related: $327,880
  • Other: $77,064
Breanna Radtke (Administrator)
  • Compensation: $0
  • Related: $167,225
  • Other: $77,064
Tim Drogos (Controller)
  • Compensation: $0
  • Related: $186,875
  • Other: $77,064
Brian Lesters (It Manager)
  • Compensation: $0
  • Related: $149,164
  • Other: $77,064
Shari Bobowski (Retirement Benefits Mgr.)
  • Compensation: $0
  • Related: $144,159
  • Other: $77,064
Venetia Halsell (Health Benefits Mgr.)
  • Compensation: $0
  • Related: $124,373
  • Other: $77,064
John Conklin (Payroll Audit Mgr.)
  • Compensation: $0
  • Related: $120,000
  • Other: $77,064


Official website here: www.carpenterbenefits.org

Where can I find the form 990 for Mid-America Carpenters Regional Council Health Fund?

Mid-America Carpenters Regional Council Health Fund's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.carpenterbenefits.org

Learn more at the official website: www.carpenterbenefits.org

Mission Statement of Mid-America Carpenters Regional Council Health Fund

The Mid-America Carpenters Regional Council Health Fund is a health benefit organization dedicated to supplying eligible participants and their dependents with comprehensive health benefits. With a strong commitment to delivering healthcare, prescription coverage, dental and vision plans, life and accident insurance, and disability benefits, this fund operates in accordance with its plan document and schedule of benefits. By providing these essential services, the Mid-America Carpenters Regional Council Health Fund plays a vital role in ensuring the wellbeing of its members. In essence, this health fund is a shield that safeguards its participants from the financial burdens of healthcare expenses.

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Impact




October, 2024

The Mid-America Carpenters Regional Council Health Fund plays a vital role in enhancing the health and well-being of eligible participants and their dependents in the Chicago area and beyond. By providing a comprehensive range of health benefits—such as healthcare, prescription medications, dental and vision care, as well as life, accident, and disability insurance—the fund addresses critical needs that contribute to both physical and financial wellness.

This support not only ensures that individuals have access to essential medical services but also alleviates the burden of healthcare costs, promoting a healthier workforce. Through its commitment to improving health outcomes, the fund fosters greater stability and peace of mind for participants, ultimately benefiting the broader community as they are better equipped to contribute productively to society. The Mid-America Carpenters Regional Council Health Fund’s initiatives illustrate the importance of accessible health benefits in creating healthier environments for individuals and families alike.




This information is meant to be a general summary of Mid-America Carpenters Regional Council Health 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
$324,114,744 (2024)
Expenses
$357,435,337 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $20,888,470
  • Program Service Revenue: $303,923,662
  • Gross Receipts: $581,643,235

Assets and Liabilities:

  • Total Assets: $911,863,791
  • Total Liabilities: $50,780,671
  • Net Assets: $861,083,120

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$242,014,385

PARTICIPANT CONTRIBUTIONS

Revenue

$58,553,326

CLASS ACTION JUDGEMENT

Revenue

$2,188,494

MEDICARE PART D SUBSIDY

Revenue

$812,306

LIQUIDATED DAMAGES

Revenue

$327,699

Organization Details

Founding Year

1953

Principal Officer

Gary Perinar Jr

NTEE Category

Code: Y40 - Mutual benefit

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