Illinois State Painters Welfare Fund is located in Maryland Heights, MO. The organization was established in 1960. 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 05/2022, Illinois State Painters Welfare Fund employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois State Painters 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 05/2022, Illinois State Painters Welfare Fund generated $10.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $3.4m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HEALTH AND WELFARE PLAN
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HEALTH, VISION, DENTAL, DISABILITY, AND DEATH BENEFITS TO ALL ELIGIBLE PARTICIPANTS AND THEIR ELIGIBLE DEPENDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ted Helfrich Trustee | OfficerTrustee | 1 | $0 |
Kevin Autenrieb Trustee | OfficerTrustee | 1 | $0 |
Carl Farrell Trustee | OfficerTrustee | 1 | $0 |
Robert Smith Trustee | Trustee | 1 | $0 |
Bryan Feller Trustee | Trustee | 1 | $0 |
William Francisco Trustee | Trustee | 1 | $0 |
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 | $9,895,508 |
Investment income | $265,452 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $301,311 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,462,271 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $2,848,154 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $143,197 |
Fees for services: Legal | $89,115 |
Fees for services: Accounting | $40,186 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $9,569 |
Fees for services: Other | $121,165 |
Advertising and promotion | $0 |
Office expenses | $27,962 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,685 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $19,332 |
All other expenses | $2,665 |
Total functional expenses | $3,448,559 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,303,780 |
Savings and temporary cash investments | $537,416 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,126,319 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $22,222 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $8,536,769 |
Investments—other securities | $667,498 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $109,535 |
Total assets | $12,303,539 |
Accounts payable and accrued expenses | $525,151 |
Grants payable | $0 |
Deferred revenue | $26,524 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,359,218 |
Total liabilities | $1,910,893 |
Net assets without donor restrictions | $10,392,646 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $12,303,539 |
Organization Name | Assets | Revenue |
---|---|---|
Dolese Bros Co Veba Trust Oklahoma City, OK | $445,170 | $18,567,104 |
Learfield Communications Group Benefit Trust Inc Jefferson City, MO | $2,893,573 | $17,688,532 |
Illinois Insurance Guaranty Fund Chicago, IL | $161,417,885 | $26,320,531 |
Security Benefit Voluntary Employee Benefits Trust Topeka, KS | $8,971,647 | $18,230,736 |
Healthalliance Benefit Plan Urbandale, IA | $4,354,956 | $14,851,406 |
Bush Brothers & Company Employees Benefit Tr Knoxville, TN | $646,705 | $13,680,587 |
Clara Abbott Foundation Abbott Park, IL | $224,191,754 | $3,270,470 |
Katten Muchin Rosenman Llp Employees Welfare Benefit Plan Tr Chicago, IL | $4,093,448 | $12,724,208 |
Balls Price Chopper Employee Benefit Plan & Trust Kansas City, KS | $0 | $12,111,807 |
Komatsu America Corp Retiree Welfare Noncollectively Bargained Chicago, IL | $37,989,668 | $6,516,658 |
Buddig Employees Welfare Benefit Plan And Trust Homewood, IL | $1,411,169 | $11,307,142 |
Childrens Memorial Hospital Self Chicago, IL | $135,161,013 | $17,731,725 |