Chauffeurs Teamsters & Helpers Local Union 301 Health & Welfare F
- Assets
- $59.8m
- Revenue
- $17.2m
- Investments
- $0.0
- Employees
- 1
- Location
- Waukegan, IL
- Founding
- 12/1965
- Data as of
- 12/2022
- EIN
- 36-6125658
Organization Overview
Chauffeurs Teamsters & Helpers Local Union 301 Health & Welfare F is located in Waukegan, IL. The organization was established in 1965. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chauffeurs Teamsters & Helpers Local Union 301 Health & Welfare F is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2022, Chauffeurs Teamsters & Helpers Local Union 301 Health & Welfare F generated $17.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $14.5m during the year ending 12/2022. 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
TO PROVIDE MEDICAL CARE, DENTAL CARE, VISION AND LIFE INSURANCE TO ALL ELIGIBLE MEMBERS OF LOCAL 301 I.B. OF T.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MEDICAL CARE, DENTAL CARE, VISION CARE, AND LIFE INSURANCE TO ALL ELIGIBLE MEMBERS OF LOCAL 301 I.B. OF T.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael T Haffner Chairman | Trustee | 5 | $0 |
Sara Wolf Fund Administ | Officer | 22 | $72,692 |
Michael E Brya Union Trustee | Trustee | 2 | $0 |
James Florkiewicz Union Trustee | Trustee | 2 | $0 |
Michael Wolff Emplyr. Trustee | Trustee | 4 | $0 |
Theodore Stilling Emplyr. Trustee | Trustee | 2 | $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 | $15,983,451 |
| Investment income | $1,771,056 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$569,398 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,193,260 |
| 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 | $13,337,754 |
| Compensation of current officers, directors, key employees. | $97,109 |
| 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 | $5,697 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49,200 |
| Fees for services: Accounting | $55,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $129,793 |
| Fees for services: Other | $62,314 |
| Advertising and promotion | $0 |
| Office expenses | $5,849 |
| Information technology | $115,454 |
| 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 | $7,128 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $22,724 |
| All other expenses | $4,860 |
| Total functional expenses | $14,525,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,689,183 |
| Savings and temporary cash investments | $1,294,794 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,675,859 |
| 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 | $38,450 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $54,850,496 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $231,299 |
| Total assets | $59,780,081 |
| Accounts payable and accrued expenses | $466,006 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $24,870 |
| Total liabilities | $490,876 |
| Net assets without donor restrictions | $0 |
| 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 | $59,289,205 |
| Total liabilities and net assets/fund balances | $59,780,081 |