Iron Workers Trust Fund Local 5 Washington Dc

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

EIN: 526057762 ✦ Mercer island, WA ✦ Designated as a 501(c)(9)

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Overview

What is Iron Workers Trust Fund Local 5 Washington Dc?

Iron Workers Trust Fund Local #5 Washington D.C. is a nonprofit organization dedicated to extending health benefits to union employees whose employment is governed by a collective bargaining agreement. The organization, located in Mercer Island, WA, is committed to ensuring the well-being of its union members by offering them comprehensive health coverage. By providing health benefits, Iron Workers Trust Fund Local #5 Washington D.C. supports and enhances the quality of life for its members, focusing on the importance of their overall health and well-being. This nonprofit organization strives to make health coverage accessible to union employees, thereby fostering a strong and healthy workforce.

Is Iron Workers Trust Fund Local 5 Washington Dc legitimate?

Iron Workers Trust Fund Local #5 Washington Dc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iron Workers Trust Fund Local #5 Washington Dc 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 Iron Workers Trust Fund Local 5 Washington Dc?

The Iron Workers Trust Fund Local #5 in Washington Dc is dedicated to extending health benefits to union employees under collective bargaining agreements. The organization's primary goal is to ensure the wellbeing of its union workforce by providing them with essential health coverage. Despite not having specific information about the scope of their services or any additional programs they may offer, it is clear that their mission revolves around offering health benefits to their union members.

Who is the CEO of Iron Workers Trust Fund Local 5 Washington Dc?

Aaron Bast is the Trustee of Iron Workers Trust Fund Local #5 Washington Dc.

What is the revenue of Iron Workers Trust Fund Local 5 Washington Dc?

Iron Workers Trust Fund Local 5 Washington Dc's revenue in 2022 was $14,839,235.

Who are the executives of Iron Workers Trust Fund Local 5 Washington Dc and what are their salaries?


Here are 10 key members and their salaries:


Aaron Bast (Trustee)
  • Compensation: $0
  • Related: $119,822
  • Other: $92,977
Gary Armstrong (Trustee)
  • Compensation: $0
  • Related: $100,984
  • Other: $76,822
Raymond Cleland (Trustee)
  • Compensation: $0
  • Related: $104,610
  • Other: $83,961
William Beckman (Trustee)
  • Compensation: $0
  • Related: $103,551
  • Other: $83,411
Vic Cornellier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Bailey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Heinold (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Wood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Morgret (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iron Workers Trust Fund Local 5 Washington Dc?

Iron Workers Trust Fund Local 5 Washington Dc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iron Workers Trust Fund Local 5 Washington Dc

Iron Workers Trust Fund Local #5 Washington Dc is a dedicated organization that prioritizes the well-being of union employees by offering health benefits as stipulated in their collective bargaining agreement. This mission is aimed at ensuring that the union workforce remains healthy and productive.

Established to cater to the unique needs of union employees covered under a collective bargaining agreement, Iron Workers Trust Fund Local #5 Washington Dc proudly serves its members by providing comprehensive health benefits. The organization's unwavering commitment to the welfare of its union employees is a driving force behind its operations.

The health benefits offered by Iron Workers Trust Fund Local #5 Washington Dc are designed to meet the diverse needs of its members, ensuring they have access to essential healthcare services. By providing these benefits, the organization is instrumental in enhancing the overall quality of life for union employees and their families.

In summary, Iron Workers Trust Fund Local #5 Washington Dc is a mission-driven organization dedicated to the health and well-being of union employees covered by a collective bargaining agreement. Through its provision of health benefits, it strives to improve the lives of its members and enable them to remain healthy, productive individuals.

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Impact




October, 2024

Iron Workers Trust Fund Local 5 Washington DC plays a crucial role in supporting the health and well-being of union employees by providing essential health benefits. This organization is dedicated to ensuring that those covered by collective bargaining agreements receive the healthcare services they need. By prioritizing the health of its members, it fosters a more stable workforce, enhances job satisfaction, and contributes to overall community well-being in Mercer Island, WA. The focus on mutual benefit strengthens the solidarity among union workers and helps them navigate the complexities of healthcare access, ultimately leading to improved quality of life and productivity within the industry.




This information is meant to be a general summary of Iron Workers Trust Fund Local 5 Washington Dc. 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
$14,839,235 (2022)
Expenses
$12,589,769 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $509,462
  • Program Service Revenue: $14,329,773
  • Gross Receipts: $16,167,800

Assets and Liabilities:

  • Total Assets: $47,437,637
  • Total Liabilities: $260,889
  • Net Assets: $47,176,748

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Programs

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

EMPLOYER CONTR.

Revenue

$13,385,225

EMPLOYEE CONTR.

Revenue

$944,548

Organization Details

Founding Year

1951

Principal Officer

Aaron Bast

Main Address

7525 SE 24TH ST 200, MERCER ISLAND, WA, 98040

NTEE Category

Code: Y40 - Mutual benefit

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