Form 990 for tax year 2025
Filed by CEDAR RAPIDS ELECTRICAL WORKERS LOCAL 405 HEALTH AND WELFARE FUND.
Totals
- Total revenue
- $21,042,926
- Total expenses
- $13,970,232
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $19,089,315
- Investment income
- $1,953,611
- Other revenue
- $0
- Total assets, end of year
- $36,451,863
- Total liabilities, end of year
- $1,120,352
- Net assets or fund balances, end of year
- $35,331,511
- 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 $18,895,282 · related or exempt $18,895,282
-
2b · Program service revenue: PARTICIPANTS
total $194,000 · related or exempt $194,000
-
2c · Program service revenue: SETTLEMENT PROCEEDS
total $33 · related or exempt $33
-
3 · Investment income
total $911,460 · excluded $911,460
-
7a · Gross sales of assets other than inventory
securities $1,042,151
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $1,042,151
-
7d · Net gain or loss
total $1,042,151 · excluded $1,042,151
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $12,832,916
-
11b · Fees: legal
total $123,702
-
11c · Fees: accounting
total $43,704
-
11f · Fees: investment management
total $26,615
-
11g · Fees: other
total $38,950
-
13 · Office expenses
total $18,309
-
14 · Information technology
total $8,680
-
19 · Conferences, conventions and meetings
total $2,071
-
23 · Insurance
total $9,448
-
24a · Other expenses: WELLMARK FEES
total $575,116
-
24b · Other expenses: CLAIMS ADMIN FEE
total $212,012
-
24c · Other expenses: DELTA DENTAL ADMIN FEE
total $54,113
-
24d · Other expenses: RX CLAIM ADMIN FEE
total $16,643
-
24e · All other expenses
total $7,953
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,437,794 · end of year $2,309,936
-
2 · Savings and temporary cash investments
beginning of year $184,726 · end of year $180,594
-
4 · Accounts receivable
beginning of year $1,691,074 · end of year $3,446,849
-
9 · Prepaid expenses and deferred charges
beginning of year $5,711 · end of year $2,976
-
11 · Investments: publicly traded securities
beginning of year $23,345,354 · end of year $30,511,508
-
17 · Accounts payable and accrued expenses
beginning of year $66,401 · end of year $66,591
-
19 · Deferred revenue
beginning of year $67,595 · end of year $67,391
-
25 · Other liabilities
beginning of year $93,072 · end of year $986,370
-
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 $27,437,591 · end of year $35,331,511
Mission and programs · 2025
Mission
THE WELFARE FUND USES EMPLOYER AND EMPLOYEE CONTRIBUTIONS TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS AND THEIR DEPENDENTS.
Activities or mission (Part I)
H&W FUND CONTRIBUTIONS PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS AND THEIR DEPENDENTS.
-
THE WELFARE FUND USES EMPLOYER AND EMPLOYEE CONTRIBUTIONS TO PROVIDE HEALTH AND WELFARE BENEFITS TO 849 PARTICIPANTS AND THEIR DEPENDENTS.
As filed on the 2025 return.
Listed in Part VII
-
Jackson BarrigarJACKSON BARRIGAR
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Jeffrey CoolingJEFFREY COOLING
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Josh UmsteadJOSH UMSTEAD
UNION TRUSTEE
- Total calculated
- $764
- From this org
- $0
- From related orgs
- $764
- Other
- $0
- Hours/week
- 1 + 40 related
-
Bill McDermottBILL MCDERMOTT
MANAGEMENT TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Matt ResorMATT RESOR
UNION TRUSTEE
- Total calculated
- $174,709
- From this org
- $0
- From related orgs
- $123,607
- Other
- $51,102
- Hours/week
- 1 + 40 related
-
Ethan DomkeETHAN DOMKE
MANAGEMENT TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
John LaneJOHN LANE
ALTERNATE UNION TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 40 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.
-
CEDAR RAPIDS ELECTRICAL APPRENTICE TRAINING & EDUCATIONAL TRUST
501(C)(3) · PROVIDE TRAINING AND EDUCATION · IA
-
IBEW LOCAL 405 DEFERRED SAVINGS PLAN
401(A) · PROVIDE RETIREMENT BENEFITS · IA
-
INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 405
501(C)(5) · PROMOTE LOCAL UNION ACTIVITY · IA
-
CEDAR RAPIDS DIVISION IOWA CHAPTER NATIONAL ELECTRICAL CONTRACTORS ASSOC
501(C)(6) · PROMOTE ELECTRICAL INDUSTRY · IA
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 corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
A & B ELECTRIC INC
-
A & G ELECTRIC CO
-
ACME ELECTRIC COMPANY
-
ALTMEYER ELECTRIC INC
-
BAKER ELECTRIC INC
-
BAKER GROUP
-
BASEPOINT BUILDING AUTOMATIONS
-
BIS INDUSTRIAL SERVICES INC
-
BLACK HAWK ELECTRICAL CO
-
COLLINS ELECTRICAL TECHNOLOGY
-
CORD ELECTRIC
-
CUPERTINO ELECTRIC CR
-
DELANCEY ELECTRIC CO
-
DEPENDABLE ELECTRIC INC
-
ESCO GROUP
-
GEN 3 ELECTRIC CO
-
GERARD ELECTRIC INC
-
HAWKEYE ELECTRICAL CONTRACTORS
-
J W KOEHLER ELECTRIC INC
-
JUSTICE ELECTRIC COMPANY
-
LIGHTING MAINTENANCE INC
-
NELSON ELECTRIC COMPANY
-
PAULSON ELECTRIC COMPANY
-
PEC COMMUNICATIONS INC
-
PREMIER ELECTRICAL SERVICES CO
-
RUYLE MECHANICAL SERVICES INC
-
SE ELECTRIC INC
-
SHAY ELECTRIC SERVICE INC
-
STREFF ELECTRIC INC
-
SURGE ELECTRIC COMPANY
-
TECH SOLUTIONS
-
THOMPSON ELECTRONICS
-
TREY ELECTRIC INC
-
TRI-CITY ELECTRIC
-
WALDINGER CORPORATION (DBA MUNSON ELECTRIC
-
WESTPHAL & COMPANY INC
-
WINGER COMPANIES
-
BALANCED ELECTRICK LLC
-
CAPITOL CITY ELECTRIC
-
COMMONWEALTH ELECTRIC CO OF THE MIDWEST
-
DAKOTA ELECTRIC CONSTRUCTION
-
DURGIN ELECTRIC
-
HAWKEYE ELECTRIC DUBUQUE
-
HUNT ELECTRIC CORPORATION
-
MARTELL ELECTRIC
-
MJ ELECTRIC LLC
-
OMAHA ELECTRIC SERVICE INC
-
VAN ERT ELECTRIC COMPANY INC
-
VIKING ELECTRIC INC
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 18 June 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611749349300036
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