Overview
What is Chicago Tile Institute Welfare Fund?
The Chicago Tile Institute Welfare Fund is a nonprofit organization based in Elmhurst, Illinois, with a workforce of 53 employees. Their primary mission is to extend medical, prescription, and disability benefits to eligible participants and their dependents, as outlined in their plan document. The Chicago Tile Institute Welfare Fund is dedicated to fulfilling this objective and enhancing the well-being of those it serves.
What are the reviews and ratings of this charity?
The Chicago Tile Institute Welfare Fund is not currently rated by Charity Navigator due to a lack of available data. The absence of a rating does not reflect a positive or negative assessment but indicates that essential data, such as electronic Form 990 filings, are missing. This organization's classification as a non-501(c)(3) means it remains exempt from several evaluative criteria used by Charity Navigator.
As an independent organization, the Chicago Tile Institute Welfare Fund's evaluation is limited by its non-501(c)(3) status, affecting the availability of accountability, finance, and impact metrics. Charity Navigator exclusively rates 501(c)(3) entities, which affects the Chicago Tile Institute Welfare Fund's eligibility for a comprehensive rating.
Due to the lack of user reviews on GreatNonprofits, our ability to assess community feedback and general sentiment toward the Chicago Tile Institute Welfare Fund is limited. This absence restricts insight into public perception and first-hand experiences with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Chicago Tile Institute Welfare Fund legitimate?
Chicago Tile Institute Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Chicago Tile Institute 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $217,953
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,573
For more financial information, click here
What is the mission statement of Chicago Tile Institute Welfare Fund?
The Chicago Tile Institute Welfare Fund is dedicated to providing benefits as outlined in the plan document. Its primary mission is to extend medical, prescription, and disability coverage to eligible participants and their dependents. The fund prioritizes the health and well-being of those it serves by supplying essential benefits for better peace of mind. In times of need, it strives to alleviate the financial burden of healthcare expenses. By focusing on the provision of vital benefits, the Chicago Tile Institute Welfare Fund plays a crucial role in improving the quality of life for its members.
Who is the CEO of Chicago Tile Institute Welfare Fund?
Brian Castro is the Chairman of Chicago Tile Institute Welfare Fund.
What is the revenue of Chicago Tile Institute Welfare Fund?
Chicago Tile Institute Welfare Fund's revenue in 2022 was $16,854,421.
Who are the executives of Chicago Tile Institute Welfare Fund and what are their salaries?
The average compensation at Chicago Tile Institute Welfare Fund during 2022 was $9,727. There are 53 employees at Chicago Tile Institute Welfare Fund.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $151,398
- Other: $94,149
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $137,106
- Other: $91,557
- Compensation: $0
- Related: $58,251
- Other: $38,070
- Compensation: $0
- Related: $137,066
- Other: $91,757
- Compensation: $181,183
- Related: $0
- Other: $57,338
Where can I find the form 990 for Chicago Tile Institute Welfare Fund?
Chicago Tile Institute Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chicago Tile Institute Welfare Fund
The Chicago Tile Institute Welfare Fund is a charitable organization dedicated to providing essential benefits to its eligible participants and their dependents. In simple terms, this nonprofit institution is committed to extending medical, prescription, and disability coverage to those who meet the qualifications set out in the plan document.
By offering these vital benefits, the Chicago Tile Institute Welfare Fund plays an essential role in supporting the health and wellbeing of its beneficiaries. The organization's mission is to deliver peace of mind and financial security to its participants during times of need. By providing access to necessary medical services and critical prescription medications, the Welfare Fund enables its members to focus on their recovery and wellbeing, rather than worrying about the financial burdens associated with healthcare costs.
Moreover, the Chicago Tile Institute Welfare Fund extends its support to the dependents of its eligible participants. This compassionate approach ensures that the entire family unit is taken care of during times of medical hardship, promoting overall health and stability within the community. By providing comprehensive benefits packages, the Welfare Fund empowers its members to face the challenges of life with confidence, knowing that they have the necessary resources to overcome adversity and maintain their quality of life.
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Impact
October, 2024
The Chicago Tile Institute Welfare Fund significantly enhances the well-being of its participants and their dependents by providing essential benefits outlined in its plan. Designed primarily to address the medical, prescription, and disability needs, the fund ensures that eligible individuals have access to healthcare services and support during critical times. This financial safety net not only alleviates the burden of medical expenses but also promotes overall health and stability for families in Elmhurst, Illinois, and surrounding areas. By focusing on mutual benefit, the Fund fosters a supportive community where individuals can thrive, knowing that their health and welfare are prioritized.
This information is meant to be a general summary of Chicago Tile Institute Welfare 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,903,796
- Program Service Revenue: $13,589,765
- Gross Receipts: $42,169,013
Assets and Liabilities:
- Total Assets: $43,994,090
- Total Liabilities: $261,836
- Net Assets: $43,732,254
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPATING CONTRACTOR
Revenue
$12,272,404
PARTICIPANT CONTRIBUTIONS
Revenue
$1,097,392
MEDICAL REIMBURSEMENTS
Revenue
$102,393
LIQUIDATED DAMAGES
Revenue
$59,524
STOP LOSS REIMBURSEMENT
Revenue
$58,052
Organization Details
Founding Year
1959
Phone
(630) 924-4990Principal Officer
Brian Castro
Main Address
660 N INDUSTRIAL DRIVE 102, ELMHURST, IL, 60126
NTEE Category
Code: Y40 - Mutual benefit
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