Southern Illinois Laborers & Employers Health & Welfare Fund

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

EIN: 371037101 ✦ Marion, IL ✦ Designated as a 501(c)(9)

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Overview

What is Southern Illinois Laborers & Employers Health & Welfare Fund?

The Southern Illinois Laborers and Employers Health & Welfare Fund is a nonprofit organization dedicated to delivering vacation, health, and death benefits to eligible participants and their dependents or beneficiaries. Through various programs, the Fund strives to fulfill its mission and ensure the well-being of those it serves.


Official website here: www.silehw.org

Is Southern Illinois Laborers & Employers Health & Welfare Fund legitimate?

Southern Illinois Laborers & Employers Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Southern Illinois Laborers & Employers Health & 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: $154,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $439,155

For more financial information, click here


Official website here: www.silehw.org

What is the mission statement of Southern Illinois Laborers & Employers Health & Welfare Fund?

The Southern Illinois Laborers & Employers Health and Welfare Fund is committed to providing vacation, health, and death benefits to eligible participants and their dependents or beneficiaries. Through various programs, the fund aims to fulfill this mission and support the well-being of its members. The fund's activities are focused on delivering these essential benefits, ensuring that participants and their families have access to vital services when they need them most. By offering vacation benefits, the fund helps its members take a much-deserved break, recharge, and return to work refreshed. Additionally, the fund's health benefits cover a range of medical needs, providing peace of mind and financial security for participants and their loved ones. Ultimately, the Southern Illinois Laborers & Employers Health and Welfare Fund is dedicated to enhancing the lives of its members, offering them essential benefits that promote overall well-being and financial security.


Official website here: www.silehw.org

Who is the CEO of Southern Illinois Laborers & Employers Health & Welfare Fund?

Matt Smith is the Trustee of Southern Illinois Laborers & Employers Health & Welfare Fund.


Official website here: www.silehw.org

What is the revenue of Southern Illinois Laborers & Employers Health & Welfare Fund?

Southern Illinois Laborers & Employers Health & Welfare Fund's revenue in 2022 was $17,432,108.


Official website here: www.silehw.org

Who are the executives of Southern Illinois Laborers & Employers Health & Welfare Fund and what are their salaries?

The average compensation at Southern Illinois Laborers & Employers Health & Welfare Fund during 2022 was $49,510. There are 12 employees at Southern Illinois Laborers & Employers Health & Welfare Fund.


Here are 11 key members and their salaries:


Flint Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Masterson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Ross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Womick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mcphail (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Rehbein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Oller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Balint (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Etherton (Plan Administrator)
  • Compensation: $100,572
  • Related: $0
  • Other: $49,058


Official website here: www.silehw.org

Where can I find the form 990 for Southern Illinois Laborers & Employers Health & Welfare Fund?

Southern Illinois Laborers & Employers Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.silehw.org

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

Mission Statement of Southern Illinois Laborers & Employers Health & Welfare Fund

The Southern Illinois Laborers & Employers Health & Welfare Fund is a mission-driven organization dedicated to providing vacation, health, and death benefits to eligible participants and their dependents or beneficiaries. This nonprofit endeavors to fulfill this commitment through various programs designed to cater to the needs of its members.

By offering vacation benefits, the Fund enables its participants to take much-deserved time off from work to rest, rejuvenate, and spend quality time with their loved ones. This aspect not only promotes better overall well-being but also fosters a healthier work-life balance.

In terms of health benefits, the Southern Illinois Laborers & Employers Health & Welfare Fund goes the extra mile in ensuring the wellbeing of its members. By providing access to essential healthcare services, the organization helps its participants maintain optimal health and address any health concerns in a timely and effective manner. Moreover, the Fund's focus on death benefits ensures that the families of its participants are financially supported during their time of grief.

In summary, the Southern Illinois Laborers & Employers Health & Welfare Fund is a compassionate organization that strives to improve the lives of its participants by providing vital benefits related to vacation, health, and death. Through its unwavering commitment to its mission, the Fund aims to create a positive impact on the well-being and financial security of its members and their families.

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Impact




October, 2024

The Southern Illinois Laborers & Employers Health & Welfare Fund plays a crucial role in enhancing the well-being of eligible participants and their dependents in the region. By offering vacation, health, and death benefits, the Fund provides vital support to individuals and families, ensuring they have access to essential health care services, financial security during challenging times, and the opportunity to take necessary time off for rest and rejuvenation.

Through its programs, the Fund addresses the immediate and long-term needs of the workforce in Southern Illinois, fostering a sense of community and shared responsibility among laborers and employers. This mutual benefit not only contributes to the overall health and stability of participants but also strengthens the local economy by promoting a healthier, more productive workforce. Ultimately, the Fund's efforts help to alleviate the financial burdens associated with health and wellness, allowing individuals and families to focus on their livelihoods and future aspirations.




This information is meant to be a general summary of Southern Illinois Laborers & Employers Health & 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.

Revenue
$17,432,108 (2022)
Expenses
$14,744,755 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $705,682
  • Program Service Revenue: $16,436,644
  • Gross Receipts: $23,769,659

Assets and Liabilities:

  • Total Assets: $20,676,799
  • Total Liabilities: $3,842,971
  • Net Assets: $16,833,828

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$11,473,171

PARTICIPANT CONTRIBUTION

Revenue

$4,963,473

Organization Details

Founding Year

1977

Principal Officer

Matt Smith

Main Address

5100 ED SMITH WAY SUITE A, MARION, IL, 62959

NTEE Category

Code: Y40 - Mutual benefit

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