Iron Workers Welfare Fund

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

EIN: 720506999 ✦ Sugar land, TX ✦ Designated as a 501(c)(9)

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Overview

What is Iron Workers Welfare Fund?

The Iron Workers Welfare Fund is a nonprofit organization situated in Sugar Land, Texas. With a primary focus on health and welfare, this organization offers benefits to eligible participants. By providing essential services, the Iron Workers Welfare Fund aims to support and uplift its beneficiaries, ensuring their well-being is prioritized.

Is Iron Workers Welfare Fund legitimate?

Iron Workers Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iron Workers 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 Iron Workers Welfare Fund?

The Iron Workers Welfare Fund's mission is centered around extending health and welfare benefits to eligible participants. This mission is carried out diligently, aiming to enhance the well-being of those who qualify for these benefits. The organization's primary activity revolves around the provision of these essential services, demonstrating its commitment to the health and welfare of its beneficiaries. By offering these benefits, the Iron Workers Welfare Fund seeks to improve the quality of life for its participants, providing them with essential support when needed.

What is the revenue of Iron Workers Welfare Fund?

Iron Workers Welfare Fund's revenue in 2024 was $7,014,768.

Who are the executives of Iron Workers Welfare Fund and what are their salaries?

Here are 9 key members and their salaries:


John Gandy (Employer Trustee - Co-Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Waggenspack (Union Trustee, Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Ashford (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Sonnier (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lovis Moomey (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Bennett (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Lemley (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Sudik (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Mccleary (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iron Workers Welfare Fund?

Iron Workers Welfare Fund's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Iron Workers Welfare Fund

The Iron Workers Welfare Fund is committed to delivering health and welfare benefits to eligible participants. This organization's mission is centered around extending these essential services to its qualified members. By offering health and welfare benefits, the Iron Workers Welfare Fund aims to enhance the well-being and quality of life for its participants.

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Impact




October, 2024

The Iron Workers Welfare Fund significantly impacts the lives of eligible participants by providing essential health and welfare benefits. Based in Sugar Land, TX, the Fund plays a critical role in supporting the well-being of its members, ensuring access to necessary healthcare services and financial assistance during times of need. By focusing on mutual benefit, the Fund fosters a sense of community and solidarity among iron workers, empowering them to thrive both professionally and personally. The benefits offered not only enhance the quality of life for individuals but also contribute to the overall stability and security of their families. This commitment to health and welfare strengthens the entire ironworking community, creating a supportive environment where members can focus on their work and personal development with peace of mind.




This information is meant to be a general summary of Iron Workers 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
$7,014,768 (2024)
Expenses
$4,996,425 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $378,985
  • Program Service Revenue: $6,600,275
  • Gross Receipts: $22,653,286

Assets and Liabilities:

  • Total Assets: $10,768,586
  • Total Liabilities: $2,944,398
  • Net Assets: $7,824,188

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Programs

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

Employers' Contributions

Revenue

$5,667,005

Reciprocity In

Revenue

$879,503

Participants' Contributions

Revenue

$53,767

Organization Details

Founding Year

1958

Principal Officer

Luke Waggenspack

NTEE Category

Code: Y40 - Mutual benefit

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