Reilly Construction Employee Welfare Trust is located in Ossian, IA. The organization was established in 1990. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reilly Construction Employee Welfare Trust 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, Reilly Construction Employee Welfare Trust generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
THE COLLECTION OF CONTRIBUTIONS FROM THE EMPLOYER/SPONSOR OF THE PLAN AND EMPLOYEES ALONG WITH REINSURANCE RECEIVED BY PLAN. THE DISBURSEMENT OF THESE RECEIPTS FOR MEDICAL AND OTHER SERVICE EXPENSES TO PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY EXEMPT PURPOSE IS THE COLLECTION OF CONTRIBUTIONS FROM THE EMPLOYER/SPONSOR OF THE PLAN AND EMPLOYEES AND REINSURANCE ALONG WITH THE DISBURSEMENT OF THESE CONTRIBUTIONS FOR MEDICAL AND OTHER SERVICE EXPENSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Covell Trustee | Trustee | 2 | $80,641 |
Robert M Reilly Trustee | Trustee | 0.5 | $24,462 |
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 | $2,905,228 |
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 | $2,905,228 |
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 | $1,976,068 |
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 | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $122,551 |
Advertising and promotion | $0 |
Office expenses | $0 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $591,324 |
All other expenses | $178,255 |
Total functional expenses | $2,868,198 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $251,550 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $251,550 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
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 | $251,550 |
Total liabilities and net assets/fund balances | $251,550 |
Organization Name | Assets | Revenue |
---|---|---|
Madison Area Construction Employees Trust Madison, WI | $14,097,987 | $12,322,220 |
Jensen Construction Company Group Trust Des Moines, IA | $0 | $5,222,518 |
Reilly Construction Employee Welfare Trust Ossian, IA | $251,550 | $2,905,228 |
Midwest Coalition Of Labor Credit Union Countryside, IL | $73,344,318 | $3,088,502 |
American Society Of Plumbing Engineers Rosemont, IL | $3,811,463 | $2,740,392 |
American Society For Concrete Construction St Louis, MO | $1,403,321 | $1,660,151 |
National Council Of Structural Engineers Associations Inc Chicago, IL | $1,329,006 | $1,648,844 |
Metal Construction Association Inc Chicago, IL | $2,390,316 | $1,785,067 |
Passive House Institute Us Inc Chicago, IL | $1,090,576 | $1,428,195 |
Intl Union Of Operating Engineers 571 Omaha, NE | $2,142,618 | $1,726,289 |
American Council Of Engineering Companies Of Illinois Springfield, IL | $1,287,769 | $753,746 |
Construction Benefits Audit Corp Kansas City, MO | $581,334 | $885,831 |