Iron Workers Shopmen's Local 468 Insurance Trust Fund

Organization Overview

Iron Workers Shopmen's Local 468 Insurance Trust Fund is located in Canonsburg, PA. Iron Workers Shopmen's Local 468 Insurance Trust Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2018, Iron Workers Shopmen's Local 468 Insurance Trust Fund generated $854.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $867.6k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

THE TRUST'S MISSION IS TO PROVIDE GROUP HEALTH, LIFE, ACCIDENTAL DEATH & DISMEMBERMENT AND SHORT TERM DISABILITY INSURANCE BENEFITS TO MEMBERS UNDER A COLLECTIVELY BARGAINED AGREEMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED GROUP HEALTH, LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT AND SHORT TERM DISABILITY INSURANCE BENEFITS THROUGH GROUP INSURANCE PREMIUMS PAID.


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Board, Officers & Key Employees

Name (title)Compensation
David Allen
Trustee
$0
David Kilo
Trustee
$0
Martin Marinack
Trustee
$0
Keith Polster
Trustee
$0
Chadwick Rink
Chairman
$0
Robert Rose
Secretary/tr
$0

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$854,088
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 $854,088

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