Weathervane Seafoods Health And Welfare Tr

Organization Overview

Weathervane Seafoods Health And Welfare Tr is located in Kittery, ME. The organization was established in 1995. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weathervane Seafoods Health And Welfare Tr is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Weathervane Seafoods Health And Welfare Tr generated $367.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $267.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE WELFARE TRUST HOLDS THE CONTRIBUTIONS OF THE APPROXIMATELY 12 CURRENT AND FORMER EMPLOYEES, AND THE PLAN SPONSOR. THESE CONTRIBUTIONS FUND A HEALTH AND WELFARE BENEFIT PLAN THAT PROVIDES BENEFITS TO FULL TIME EMPLOYEES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$367,280
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $367,280

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