Cement Masons Health And Welfare Fund 90

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

EIN: 376040957 ✦ Troy, IL ✦ Designated as a 501(c)(9)

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Overview

What is Cement Masons Health And Welfare Fund 90?

Cement Masons Health And Welfare Fund 90 is a nonprofit organization situated in Troy, Illinois. Its primary purpose is to manage a health and welfare fund for eligible members and their dependents associated with Operative Plasterers' and Cement Masons' International Association (OP&CM) Local 90. By administering this fund, the organization aims to provide comprehensive health and welfare benefits to its eligible members, ensuring their well-being and support.

Is Cement Masons Health And Welfare Fund 90 legitimate?

Cement Masons Health And Welfare Fund 90 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cement Masons Health And Welfare Fund 90 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 Cement Masons Health And Welfare Fund 90?

The Cement Masons Health And Welfare Fund 90 is committed to providing health and welfare benefits to eligible members of Operative Plasterers' and Cement Masons' Local 90. This organization's mission is centered around administering a health and welfare fund, ensuring that eligible members and their dependents receive necessary benefits. By doing so, the fund aims to contribute positively to the well-being of its members, improving their quality of life.

Who is the CEO of Cement Masons Health And Welfare Fund 90?

Shannon Foley is the Trustee of Cement Masons Health And Welfare Fund 90.

What is the revenue of Cement Masons Health And Welfare Fund 90?

Cement Masons Health And Welfare Fund 90's revenue in 2022 was $3,082,242.

Who are the executives of Cement Masons Health And Welfare Fund 90 and what are their salaries?

There 9 volunteers at Cement Masons Health And Welfare Fund 90.


Here are 9 key members and their salaries:


Donna Richter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Netemeyer (Trustee)
  • Compensation: $0
  • Related: $1,973
  • Other: $0
David Gerber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Foley (Chairman)
  • Compensation: $0
  • Related: $85,770
  • Other: $97,584
Henry Rohwedder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lorentzen (Trustee)
  • Compensation: $0
  • Related: $7,727
  • Other: $0
Ryan Gross (Trustee)
  • Compensation: $0
  • Related: $975
  • Other: $0
Rachelle Lengermann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Bickhaus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cement Masons Health And Welfare Fund 90?

Cement Masons Health And Welfare Fund 90's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cement Masons Health And Welfare Fund 90

The Cement Masons Health and Welfare Fund 90 is dedicated to providing health and welfare benefits to eligible members of Operative Plasterers' and Cement Masons' Local 90. In fulfilling its mission, this organization administers a health and welfare fund, catering to the needs of both the members and their dependents of the local 90. By offering these benefits, the fund aims to enhance the overall well-being and quality of life for those it serves.

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Impact




October, 2024

Cement Masons Health And Welfare Fund 90 has significantly improved the quality of life for eligible members of OPCM Local 90 by providing essential health and welfare benefits. This support covers a wide array of healthcare needs, ensuring that members and their dependents have access to medical services, preventive care, and overall wellness. By administering a robust health and welfare fund, it alleviates financial burdens associated with healthcare costs, enabling members to focus on their work and personal lives without the stress of medical expenses. This fund fosters a community of mutual support and well-being, contributing to both mental and physical health amidst the rigorous demands of the cement masonry profession. In Troy, IL, its impact resonates through enhanced health security for workers and their families, promoting a stable workforce and a culture of care within the trade.




This information is meant to be a general summary of Cement Masons Health And Welfare Fund 90. 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
$3,082,242 (2022)
Expenses
$3,070,741 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $260,755
  • Program Service Revenue: $2,781,101
  • Gross Receipts: $4,424,460

Assets and Liabilities:

  • Total Assets: $7,972,959
  • Total Liabilities: $113,698
  • Net Assets: $7,859,261

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,555,175

PARTICIPANT CONTRIBUTIONS

Revenue

$225,926

Organization Details

Founding Year

1965

Principal Officer

Shannon Foley

Main Address

820 LIONS DRIVE, TROY, IL, 62294

NTEE Category

Code: Y40 - Mutual benefit

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