Iron Workers Local No 25 Health Fund Of Eastern Michigan

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

EIN: 386216995 ✦ Troy, MI ✦ Designated as a 501(c)(9)

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Overview

What is Iron Workers Local No 25 Health Fund Of Eastern Michigan?

The Iron Workers Local No 25 Health Fund of Eastern Michigan is a nonprofit organization based in Troy, MI. This fund aims to extend health benefits to eligible members, totaling approximately 2,261 individuals. Its primary mission is to ensure the well-being of its members by providing essential healthcare coverage. The organization is situated in Troy, MI.


Official website here: www.iw25fringe.org/

Is Iron Workers Local No 25 Health Fund Of Eastern Michigan legitimate?

Iron Workers Local No 25 Health Fund Of Eastern Michigan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iron Workers Local No 25 Health Fund Of Eastern Michigan 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.iw25fringe.org/

What is the mission statement of Iron Workers Local No 25 Health Fund Of Eastern Michigan?

The Iron Workers Local No 25 Health Fund of Eastern Michigan functions as a health benefits provider, catering to eligible members. With an approximately 2,261-strong membership, this fund focuses on promoting wellbeing and healthcare access for its community. Its mission is geared towards extending essential health services to its member base.


Official website here: www.iw25fringe.org/

Who is the CEO of Iron Workers Local No 25 Health Fund Of Eastern Michigan?

Richard Sawhill is the Chairman of Iron Workers Local No 25 Health Fund Of Eastern Michigan.


Official website here: www.iw25fringe.org/

What is the revenue of Iron Workers Local No 25 Health Fund Of Eastern Michigan?

Iron Workers Local No 25 Health Fund Of Eastern Michigan's revenue in 2022 was $32,328,432.


Official website here: www.iw25fringe.org/

Who are the executives of Iron Workers Local No 25 Health Fund Of Eastern Michigan and what are their salaries?

There 6 volunteers at Iron Workers Local No 25 Health Fund Of Eastern Michigan.


Here are 6 key members and their salaries:


Michael Randick (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Sawhill (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Vlk (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kerney (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Coffell (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Aguirre Ii (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iw25fringe.org/

Where can I find the form 990 for Iron Workers Local No 25 Health Fund Of Eastern Michigan?

Iron Workers Local No 25 Health Fund Of Eastern Michigan's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iw25fringe.org/

Learn more at the official website: www.iw25fringe.org/

Mission Statement of Iron Workers Local No 25 Health Fund Of Eastern Michigan

Iron Workers Local No 25 Health Fund of Eastern Michigan is a nonprofit organization dedicated to extending health benefits to its eligible members. Established to cater to the health needs of its approximately 2,261 members, this fund plays a significant role in ensuring the well-being of those it serves.

In simple terms, the mission of Iron Workers Local No 25 Health Fund of Eastern Michigan revolves around providing essential health benefits to its members. By offering these benefits, the fund aims to improve the overall health and quality of life for those it serves. The organization's commitment is unwavering, as it strives to provide access to vital healthcare services, enabling its members to live healthier and more productive lives.

Iron Workers Local No 25 Health Fund of Eastern Michigan stands as a crucial safety net for its members, offering them peace of mind in knowing that they have access to quality healthcare services when they need it most. The organization's unwavering dedication to its mission is evident in its daily operations, as it continues to provide essential health benefits to its members, ensuring they can focus on their personal and professional growth rather than worrying about their health.

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Impact




October, 2024

Iron Workers Local No 25 Health Fund of Eastern Michigan plays a crucial role in the well-being of its members by providing essential health benefits to approximately 2,261 individuals. Located in Troy, MI, this fund ensures that eligible ironworkers have access to necessary medical care, which enhances their overall quality of life and financial security during times of health challenges. With a focus on mutual benefit, the fund fosters a supportive community, helping members navigate healthcare needs and promoting better health outcomes within the workforce.




This information is meant to be a general summary of Iron Workers Local No 25 Health Fund Of Eastern Michigan. 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
$32,328,432 (2022)
Expenses
$34,827,856 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $267,040
  • Program Service Revenue: $31,548,365
  • Gross Receipts: $44,753,906

Assets and Liabilities:

  • Total Assets: $43,589,733
  • Total Liabilities: $33,751,837
  • Net Assets: $9,837,896

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$27,950,206

SELF-PAYMENTS

Revenue

$3,598,159

Organization Details

Founding Year

1950

Principal Officer

Richard Sawhill

Main Address

700 TOWER DRIVE STE 300, TROY, MI, 48098

NTEE Category

Code: Y40 - Mutual benefit

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