Building Trades Afl-Agc Welfare Fund

Organization Overview

Building Trades Afl-Agc Welfare Fund is located in Mobile, AL. The organization was established in 1955. 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 06/2023, Building Trades Afl-Agc Welfare Fund employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Building Trades Afl-Agc 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 06/2023, Building Trades Afl-Agc Welfare Fund generated $17.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $17.0m during the year ending 06/2023. While expenses have increased by 7.4% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

QTO PROVIDE HEALTH BENEFITS TO ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTH CLAIMS PAID ON BEHALF OF PARTICIPANTS AND / OR THEIR DEPENDENTS


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Board, Officers & Key Employees

Name (title)Compensation
Allen Steadman
Chairman
$0
Lawayne Bowlen
Trustee
$0
Lee Bailey
Trustee
$0
Wayne Jennings
Trustee
$0
Charlie Sherwood
Trustee
$0
Tim Miller
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$16,695,458
Investment income $721,836
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $6,300
Net Gain/Loss on Asset Sales $138,108
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,602,037

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Southeastern Carpenters And Millwrights Health Plan
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Tampa Firefighters And Police Officers Employee Health Plan
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Co-Op Health & Wealthfare Plan And Trust
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Delta Pilots Mutual Aid Inc
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$41,588,879
Building Trades Afl-Agc Welfare Fund
Mobile, AL
$17,602,037

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