Roofers Local 74203 Welfare Fund

Organization Overview

Roofers Local 74203 Welfare Fund is located in West Seneca, NY. The organization was established in 1961. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2022, Roofers Local 74203 Welfare Fund employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roofers Local 74203 Welfare Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 06/2022, Roofers Local 74203 Welfare Fund generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $3.9m during the year ending 06/2022. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE MEDICAL, DENTAL, VISION, DISABILITY, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FUND PROVIDED MEDICAL BENEFITS TO MEMBERS, INCLUDING HEALTH, MEDICAL EXPENSE REIMBURSEMENT, DISABILITY, DEATH BENEFITS AND DENTAL AND VISION COVERAGE TO ELIGIBLE PARTICIPANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Luke Baecker
Fund Adminis
$79,997
Dave Yonkosky
Union Truste
$4,053
Jason Proutey
Union Truste
$224
Philip Lester
Union Truste
$0
Nicholas Gechell
Union Truste
$0
Patrick Byrne
Employer Tru
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Arnot Ogden Medical Center
Medical Claims
$203,082
Hosp University Pa
Medical Claims
$192,965
Erie County Medical Center Corporate
Medical Claims
$105,278
Sisters Of Chairty Hospital
Medical Claims
$103,616
Our Lady Of Lourdes Hospital
Medical Claims
$314,128
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $59,710
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$59,710
Total Program Service Revenue$2,784,295
Investment income $171,155
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $365,944
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,579,447

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