Carpenters And Joiners Welfare Fund

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

EIN: 416024791 ✦ Bloomington, MN ✦ Designated as a 501(c)(9)

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Overview

What is Carpenters And Joiners Welfare Fund?

Carpenters and Joiners Welfare Fund is a self-funded nonprofit organization based in Bloomington, Minnesota, with an address at 3001 Metro Drive 500. They currently cater to approximately 15,119 union members and their dependents. The primary mission of this organization is to provide health and welfare benefits, as outlined in a collective bargaining agreement. Essentially, Carpenters and Joiners Welfare Fund ensures the wellbeing of its union members by offering comprehensive coverage and benefits.

Is Carpenters And Joiners Welfare Fund legitimate?

Carpenters And Joiners Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Carpenters And Joiners 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Carpenters And Joiners Welfare Fund?

The Carpenters and Joiners Welfare Fund is dedicated to providing health and welfare benefits in accordance with a collective bargaining agreement. Through this commitment, the organization extends coverage to an approximate total of 15,119 union members and their dependents. The self-funded benefits scheme aims to ensure the wellbeing of those within the union community. The mission of the Carpenters and Joiners Welfare Fund revolves around the provision of vital benefits, prioritizing the health and welfare of its members.

Who is the CEO of Carpenters And Joiners Welfare Fund?

Patrick Nilsen is the Union Trustee/Chairman of Carpenters And Joiners Welfare Fund.

What is the revenue of Carpenters And Joiners Welfare Fund?

Carpenters And Joiners Welfare Fund's revenue in 2022 was $261,890,084.

Who are the executives of Carpenters And Joiners Welfare Fund and what are their salaries?

There 18 volunteers at Carpenters And Joiners Welfare Fund.


Here are 18 key members and their salaries:


John Raines (Union Trustee/Chairman)
  • Compensation: $0
  • Related: $153,316
  • Other: $76,452
Patrick Nilsen (Union Trustee)
  • Compensation: $0
  • Related: $280,548
  • Other: $147,834
Peter Donnino (Mgt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Henrickson (Mgt Trustee/Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burt Johnson (Union Trustee)
  • Compensation: $0
  • Related: $220,691
  • Other: $126,297
John Nesse (Mgt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robb Nelson (Union Trustee/Alternate)
  • Compensation: $0
  • Related: $176,503
  • Other: $109,078
Shawn Cotter (Mgt Trustee/Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Pecinvosky (Union Trustee/Alternate)
  • Compensation: $0
  • Related: $129,346
  • Other: $89,162
Shaun Coates (Union Trustee)
  • Compensation: $0
  • Related: $131,019
  • Other: $96,634
Corey Bialcik (Union Trustee/Alternate)
  • Compensation: $0
  • Related: $166,793
  • Other: $102,637
Larry Rocole (Mgt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Schechter (Mgt Trustee/Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Thompson (Mgt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Kolodziejski (Union Trustee)
  • Compensation: $0
  • Related: $150,303
  • Other: $94,513
Dominic Andrist (Union Trustee/Alternate)
  • Compensation: $0
  • Related: $165,624
  • Other: $105,076
Joe Conroy (Mgt Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Marcellis (Mgt Trustee/Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Carpenters And Joiners Welfare Fund?

Carpenters And Joiners Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Carpenters And Joiners Welfare Fund

The Carpenters and Joiners Welfare Fund is a self-funded organization dedicated to providing health and welfare benefits to approximately 15,119 union members and their dependents. In accordance with a collective bargaining agreement, this nonprofit takes on the responsibility of ensuring the wellbeing of its members by offering comprehensive benefits.

The Carpenters and Joiners Welfare Fund's mission comes to life through the provision of essential benefits for its union members. This includes, but is not limited to, covering their health needs and ensuring their overall well-being. By doing so, the organization plays a pivotal role in enhancing the quality of life for its members and their families. As a testament to its commitment, it has been successful in serving the needs of thousands of individuals.

Through its collective bargaining agreement, the Carpenters and Joiners Welfare Fund prioritizes the health and wellbeing of its union members, providing them with a safety net that offers peace of mind. With this commitment, it stands as a beacon of support, enabling its members to focus on their professional pursuits while having the confidence that their health and welfare are being taken care of.

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Impact




October, 2024

The Carpenters and Joiners Welfare Fund significantly enhances the quality of life for approximately 15,119 union members and their dependents by providing essential health and welfare benefits. This self-funded initiative ensures that individuals in the carpentry and joinery fields have access to critical healthcare resources and support, fostering both physical and financial well-being. By adhering to collective bargaining agreements, the Fund not only strengthens the safety net for workers but also promotes mutual benefit within the community. This mission enhances job security and peace of mind for members, allowing them to focus on their craft while knowing they have robust support for their health needs.




This information is meant to be a general summary of Carpenters And Joiners 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
$261,890,084 (2022)
Expenses
$225,512,340 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22,655,769
  • Program Service Revenue: $239,206,987
  • Gross Receipts: $428,579,474

Assets and Liabilities:

  • Total Assets: $304,862,000
  • Total Liabilities: $13,188,442
  • Net Assets: $291,673,558

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Programs

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

CONTRIBUTIONS

Revenue

$239,206,987

Organization Details

Founding Year

1960

Principal Officer

Patrick Nilsen

Main Address

3001 METRO DRIVE 500, BLOOMINGTON, MN, 55425

NTEE Category

Code: Y40 - Mutual benefit

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