Health & Welfare Fund Of The Plumbers & Steamfitters Local

Organization Overview

Health & Welfare Fund Of The Plumbers & Steamfitters Local, operating under the name Health & Welfare Fund Of The Local Union #396, is located in Canfield, OH. The organization was established in 1966. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 03/2022, Health & Welfare Fund Of The Local Union #396 employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health & Welfare Fund Of The Local Union #396 is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 03/2022, Health & Welfare Fund Of The Local Union #396 generated $8.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $5.9m during the year ending 03/2022. 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 HEALTH AND DEATH BENEFITS TO MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBERS AND THEIR DEPENDENTS WERE PROVIDED WITH ACCIDENT, HOSPITAL, MEDICAL, SURGICAL, DEATH, AND DISABILITY BENEFITS.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph Longo
Trustee
$291
Tim Morrison
Trustee
$240
Brent Kelley
Trustee
$0
Matt Morrone
Trustee
$0
Marty Loney
Trustee
$0
Jeremy Smith
Trustee
$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$7,760,767
Investment income $280,609
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $93,737
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,803,996

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