Form 990 for tax year 2022

Filed by IRON WORKERS LOCAL 25 HEALTH CARE TR.

Totals

Total revenue: $34,040,533
Total expenses: $34,792,517
Contributions and grants received: $0
Grants paid: $0
Program service revenue: $33,532,075
Investment income: $240,892
Other revenue: $267,566
Total assets, end of year: $44,240,847
Total liabilities, end of year: $42,791,563
Net assets or fund balances, end of year: $1,449,284
Program services expenses (Part IX): not reported
Management and general expenses: not reported
Fundraising expenses: not reported
Program service expenses (Part III): not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

2a · Program service revenue: EMPLOYER CONTRIBUTIONS

total $30,221,817 · related or exempt $30,221,817
2b · Program service revenue: SELF-PAYMENTS

total $3,310,258 · related or exempt $3,310,258
3 · Investment income

total $512,941 · excluded $512,941
7a · Gross sales of assets other than inventory

securities $11,152,553
7b · Less cost or other basis and sales expenses

securities $11,424,602
7c · Gain or loss

securities -$272,049
7d · Net gain or loss

total -$272,049 · excluded -$272,049
11a · Other revenue: MISCELLANEOUS INCOME

total $227,527 · related or exempt $227,527
11b · Other revenue: COMMISSIONS

total $22,138 · related or exempt $22,138
11c · Other revenue: CUSTOMER SAVINGS REFUND

total $9,130 · related or exempt $9,130
11d · All other revenue

total $8,771 · related or exempt $8,771
11e · Other revenue, total

$267,566

Functional expenses

Part IX, the statement of functional expenses.

4 · Benefits paid to or for members

total $31,656,054
11b · Fees: legal

total $240,075
11c · Fees: accounting

total $118,348
11f · Fees: investment management

total $102,962
11g · Fees: other

total $270,953
13 · Office expenses

total $100,783
16 · Occupancy

total $18,336
19 · Conferences, conventions and meetings

total $11,881
23 · Insurance

total $492,644
24a · Other expenses: CLAIMS ADMIN FEE

total $1,443,871
24b · Other expenses: ADMINISTRATIVE FEES

total $317,630
24c · Other expenses: CONTRACTED SALARIES AND

total $18,980

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $110,212 · end of year $88,329
2 · Savings and temporary cash investments

beginning of year $4,874,585 · end of year $5,158,036
4 · Accounts receivable

beginning of year $5,878,580 · end of year $6,071,125
9 · Prepaid expenses and deferred charges

beginning of year $266,014 · end of year $189,202
11 · Investments: publicly traded securities

beginning of year $31,906,840 · end of year $32,366,236
15 · Other assets

beginning of year $553,502 · end of year $367,919
17 · Accounts payable and accrued expenses

beginning of year $1,146,213 · end of year $2,110,563
25 · Other liabilities

beginning of year $32,605,624 · end of year $40,681,000
29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $0
30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $0 · end of year $0
31 · Retained earnings, endowment or other funds

beginning of year $9,837,896 · end of year $1,449,284

Mission and programs · 2022

Mission

NONE

Activities or mission (Part I)

TO PROVIDE HEALTH BENEFITS TO ELIGIBLE MEMBERS.

THE FUND PROVIDES HEALTH BENEFITS TO ELIGIBLE MEMBERS. APPROXIMATELY 2,275 MEMBERS ARE COVERED.

As filed on the 2022 return.

Listed in Part VII

Richard SawhillRICHARD SAWHILL

CHAIRMAN

Total calculated

$0

Hours/week

0.5 + 2 related
Michael RandickMICHAEL RANDICK

SECRETARY

Total calculated

$0

Hours/week

0.5 + 2 related
Chris VlkCHRIS VLK

MANAGEMENT TRUSTEE

Total calculated

$0

Hours/week

0.5 + 2 related
Mark KerneyMARK KERNEY

MANAGEMENT TRUSTEE

Total calculated

$0

Hours/week

0.5 + 2 related
Wayne CoffellWAYNE COFFELL

UNION TRUSTEE

Total calculated

$0

Hours/week

0.5 + 2 related
Dennis Aguirre IIDENNIS AGUIRRE II

UNION TRUSTEE

Total calculated

$0

Hours/week

0.5 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

IRON WORKERS' LOCAL NO 25 VACATION PAY FUND

501(C)(9) · TO PROVIDE VACATION PAY BENEFITS TO ELIGIBLE MEMBERS · MI
IRON WORKERS' LOCAL NO 25 TRAINING FUND

501(C)(3) · TO PROVIDE APPRENTICESHIP TRAINING TO ELIGIBLE MEMBERS · MI
BRIDGE STRUCTURAL & ORNAMENTAL IRON WORKERS LOCAL 25

501(C)(5) · TO PROMOTE A HIGHER LEVEL OF SKILL · MI
GREAT LAKES FABRICATORS & ERECTORS ASSOCIATION

501(C)(6) · TO PROMOTE THE INDUSTRY OF FABRICATING, MANUFACTURING, & ERECTING STEEL · MI

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

ZUPIN INDUSTRIAL LLC
ZAK WELDING & CUSTOM WORKLLC
WEST WIND REINFORCING LLC
WALSH CONSTRUCTION CO LLC
UNITED REBAR EMPIRE JOINT VNTR
STRUCTURAL TECHNOLOGIES LLC
PAULY JAIL BUILDING COMPANY
OAC LLC
NITRO STEEL LLC
IDEAL CONTRACTING LLC
GILBERT EXPOSITION MANAGEMENT
FOUNDATION STEEL
FOCO METAL WORKS LLC
FLATROCK BRIDGE GROUP
BOLDT COMPANY THE
BNA CONSTRUCTORS USA JV
BHI ENERGY & SPEC SERVICES LLC
BESON & HOULE LLC
BELLE RIVER INDUSTRIAL SERVICE
B & A STRUCTURAL STEEL LLC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

AFOF L- AGCBLDG TRADES
ACE STEEL ERECTION INC
ADVANCED CRANE TECHNICIANS
ALBERICI CONSTRUCTORS INC
ALLEN ARCHITECTURAL METALS
ALPHA ENERGY SOLUTIONS
AMERICAN INDUSTRIAL DOOR CO
AMS STEEL LLC
AP COM POWER INC
ARISTEO CONSTRUCTION COMPANY
ASSEMBLERS PRECAST & STEEL SRV
ASSEMBLERS INC
AUSTIN COMPANY
AUTOMATIC SYSTEMS INC
B M W CONSTRUCTORS INC
BARNHART CRANE & RIGGING
BARTON MALOW COMPANY
BEE STEEL INC
BLACK SWAMP STEEL INC
BRENCAL CONTRACTORS INC
BRISTOL ERECTORS INC
C & B GLASS INC
C M F GROUP INC
CR MEYER AND SONS COMPANY
CENTRAL CONVEYOR COMPANY
CHAMPIONS SPECIALTY SERVICES
CITY RE-STEEL COMPANY INC
CITY STEEL INC
CLS CONSTRUCTION SERVICES INC
COMMERCIAL CONSTRUCTION INC
COMMERCIAL CONTRACTING CORP
CONVENTION & SHOW SERVICES INC
COUTURIER IRON CRAFT INC
CRANE INDUSTRIAL SERVICE
CUSACK'S MASONRY RESTORATION
D & D MACHINERY MOVERS INC
DK STEEL ERECTORS INC
DAVIS IRON WORKS INC
DAY & ZIMMERMANN NPSINC
DEARBORN MID-WEST CONVEYOR
DELROSE CONSTRUCTION CO INC
DOBSON FIELD SERVICES
DOBSON INDUSTRIAL INC
DOUGLAS STEEL ERECTION CO
DUKE & DUKE SERVICES INC
DUNBAR MECHANICAL INC
ENERFAB INC
ERICKSON TRUCKING SERVICE
FM SYLVAN INC
FOREST CITY ERECTORS INC
FORT WAYNE REINFORCING INC
FOSBEL INC
FREEMAN DECORATING COMPANY
FUTURE FENCE COMPANY
G & L CORPORATION
G E M INDUSTRIAL INC
GALLAGHER-KAISER CORPORATION
GENERAL STEEL ERECTORS INC
GENESEE FENCE & SUPPLY CO
GENESYS INDUSTRIAL CORPORATION
GERACE CONSTRUCTION COMPANY
GRANITE-KRAEMER JV
GRAYCOR INDUSTRIAL CONTRACTORS
GREAT LAKES STEEL ERECTORS INC
GURTZWEILER INC HENRY
HACKETT CONSTRUCTION CO
HARMON STEEL INC
HARMON INC
HOLLY CONSTRUCTION COMPANY
HOOSIER CRANE SERVICE CO
ICC GROUP INC
INDUSTRIAL CONSTRUCTION SERV
INDUSTRIAL FENCE & LANDSCAPING
INTERNATIONAL INDUSTRIAL
J & S CONSTRUCTION CO
JUDD INDUSTRIAL CONTRINC
K V M DOOR SYSTEMS INC
KING ERECTORS INC
KIRBY STEEL INC
LAPEER STEEL INC
LEE MACHINERY MOVERS INC
LILJA CORP
LINCOLN MANUFACTURING INC
M T H INDUSTRIES
MACOMB IRON
MCGREGOR INDUSTRIES INC
MEN OF STEEL INC
METRO ELEVATOR CO INC
MICHIGAN FENCE COMPANY INC
MID AMERICAN GUNITE INC
MIDWEST STEEL INC
MILLER TRUCK & STORAGE
MONARCH WELDING & ENGINEERING
N B PROCESSING
N B PROCESSING INC
NOBLE FENCE CO
OVERHEAD CONVEYOR COMPANY
PAPALAS & CO JOHN A
PERMASTEELISA NA CORP
PHOENIX MACHINERY MOVERS INC
PIQUA STEEL COMPANY
PRECAST SERVICES INC
PREMIUM DOOR & MORE
PRO SERVICES INC
QUALITY RE-STEEL INC
QUALITY STEEL FABRICATING
R & C CONCRETE CONSTRUCTION
REDINGER STEEL ERECTORS INC
REYNOLDS RIGGING & CRANE SRVC
RIECKHOFF COMPANY INC CL
ROBERTS STEEL ERECTION CO
S T B ERECTORS INC
SAV'S WELDING SERVICES INC
SCHWEITZER INC
SHOULDICE INDUSTRIAL INC
SONGER STEEL SRVCINC (SSSI)
SPE INC
STATE GROUP INDUST(USA) LMTD
STERLING ERECTORS INC
STRESCORE INC
T & A RIGGING INC
T H STEEL INC
TEACHOUT'S INDUSTRIAL CONTRACT
THE SCHAEFER GROUP INC
TIE STEEL CORP
TITUS WELDING COMPANY
TRI-STEEL INC
UNION PAYROLL AGENCY INC
USA HOIST COMPANY INC
VERTEX STEEL INC
VIKING ERECTORS CORPORATION
WALKER STEEL ERECTORS
WALTZ-HOLST BLOW PIPE COMPANY
WASHAW CONSTRUCTION INC
WESTON INDUSTRIAL SERVICE INC
WHALEY STEEL CORPORATION
WHITE CONSTRUCTION INC
WILLIAMS PLANT SERVICES
WOLVERINE STEEL ERECTORS INC
WOODRUFF CONTRACTING INC

Provenance

Return type: form_990
Tax year: 2022
Filed: 18 March 2024
IRS schema version: 2022v5.0
Source object: 202420789349300007

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