Construction Workers' Trust Fund

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

EIN: 526037528 ✦ Columbia, MD ✦ Designated as a 501(c)(9)

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Overview

What is Construction Workers' Trust Fund?

The Construction Workers' Trust Fund is a nonprofit organization situated in Columbia, Maryland. Its primary mission is to extend health benefits to union members, encompassing medical, disability, and life insurance coverages. Eligible beneficiaries also include the members' dependents. The trust fund's activities are dedicated to delivering these health benefits, thereby contributing to the wellbeing of its union member community.

Is Construction Workers' Trust Fund legitimate?

Construction Workers' Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Construction Workers' Trust 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 Construction Workers' Trust Fund?

The Construction Workers' Trust Fund is committed to delivering health benefits to its union members. This mission is accomplished through various programs, including providing medical, disability, and life insurance benefits to eligible members and their dependents. The organization's primary goal is to safeguard the health and well-being of its union community. By offering these benefits, the Construction Workers' Trust Fund seeks to alleviate some of the financial burdens related to health issues, ensuring a more secure future for its members.

Who is the CEO of Construction Workers' Trust Fund?

Ryan N Boyer is the Chairman of Construction Workers' Trust Fund.

What is the revenue of Construction Workers' Trust Fund?

Construction Workers' Trust Fund's revenue in 2022 was $9,922,026.

Who are the executives of Construction Workers' Trust Fund and what are their salaries?


Here are 6 key members and their salaries:


Ryan Boyer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Nick Thrappas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles M Holub (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas A Strunge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James P Mcnelis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Parham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Construction Workers' Trust Fund?

Construction Workers' Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Construction Workers' Trust Fund

The Construction Workers' Trust Fund is committed to providing health benefits to its union members. This nonprofit organization offers a range of programs, including medical, disability, and life insurance benefits, to eligible members and their dependents. Its mission is centered around ensuring the well-being of its union members by offering these essential health benefits. The Construction Workers' Trust Fund is dedicated to improving the lives of its members and their families by providing them with the necessary health coverage they need.

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Impact




October, 2024

The Construction Workers' Trust Fund significantly enhances the well-being of union members by providing essential health benefits. Through its programs, it offers medical, disability, and life insurance benefits to eligible members and their dependents, ensuring that they have access to crucial healthcare services. This support plays a vital role in securing the health and financial stability of construction workers and their families, allowing them to focus on their work and livelihoods without the overwhelming burden of medical expenses. Located in Columbia, MD, the Trust Fund's commitment to mutual benefit fosters a sense of community and solidarity among union members while promoting a healthier workforce.




This information is meant to be a general summary of Construction Workers' Trust 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
$9,922,026 (2022)
Expenses
$11,809,517 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $569,169
  • Program Service Revenue: $9,352,857
  • Gross Receipts: $15,903,207

Assets and Liabilities:

  • Total Assets: $16,955,892
  • Total Liabilities: $69,192
  • Net Assets: $16,886,700

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$9,274,600

MEMBER SELF PAY

Revenue

$78,257

Organization Details

Founding Year

1952

Principal Officer

Ryan N Boyer

Main Address

7130 COLUMBIA GATEWAY DRIVE A, COLUMBIA, MD, 21046

NTEE Category

Code: Y40 - Mutual benefit

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