Central Illinois Carpenters Health & Welfare Trust Fund
- Assets
- $72.1m
- Revenue
- $33.3m
- Investments
- $3.6m
- Employees
- 42
- Location
- Lincoln, IL
- Founding
- 08/1982
- Data as of
- 12/2021
- EIN
- 37-1117215
Organization Overview
Central Illinois Carpenters Health & Welfare Trust Fund is located in Lincoln, IL. The organization was established in 1982. 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. As of 12/2021, Central Illinois Carpenters Health & Welfare Trust Fund employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Illinois Carpenters Health & Welfare 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 12/2021, Central Illinois Carpenters Health & Welfare Trust Fund generated $33.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $11.0m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HEALTH AND WELFARE PLAN
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HEALTH & WELFARE BENEFITS TO MEMBERS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Sallee Ohl- Past Admin | Officer | 40 | $98,590 |
Nathan German Chairman | OfficerTrustee | 0 | $0 |
Jeff Fuerst Secretary | OfficerTrustee | 0 | $0 |
Carl Bimm Trustee | Trustee | 0 | $0 |
Jason Brewer Trustee | Trustee | 0 | $0 |
Steve Aupperle Trustee | Trustee | 0 | $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 | $28,243,930 |
| Investment income | $1,937,313 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,804,205 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,295,122 |
| 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 | $8,944,988 |
| Compensation of current officers, directors, key employees. | $127,063 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $328,972 |
| Pension plan accruals and contributions | $66,464 |
| Other employee benefits | $133,681 |
| Payroll taxes | $51,849 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $94,718 |
| Fees for services: Accounting | $24,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $97,783 |
| Fees for services: Other | $207,720 |
| Advertising and promotion | $0 |
| Office expenses | $148,594 |
| Information technology | $221,703 |
| Royalties | $0 |
| Occupancy | $35,366 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,337 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $104,537 |
| Insurance | $26,930 |
| All other expenses | $0 |
| Total functional expenses | $11,021,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $8,674,501 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,016,969 |
| 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 | $63,981 |
| Net Land, buildings, and equipment | $606,420 |
| Investments—publicly traded securities | $55,164,630 |
| Investments—other securities | $3,557,266 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $72,084,267 |
| Accounts payable and accrued expenses | $852,583 |
| Grants payable | $0 |
| Deferred revenue | $413,534 |
| 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 | $2,572,000 |
| Total liabilities | $3,838,117 |
| Net assets without donor restrictions | $68,246,150 |
| 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 | $72,084,267 |