Form 990 for tax year 2024
Filed by INTERNATIONAL ASSN OF HEAT & FROST INSULATORS LOCAL 17 WELFARE FUND.
Totals
- Total revenue
- $27,656,041
- Total expenses
- $25,536,766
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $24,431,928
- Investment income
- $2,631,399
- Other revenue
- $592,714
- Total assets, end of year
- $61,206,982
- Total liabilities, end of year
- $199,181
- Net assets or fund balances, end of year
- $61,007,801
- 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 $22,405,247 · related or exempt $22,405,247
-
2b · Program service revenue: PARTICIPANT CONTRIBUTIONS
total $1,987,973 · related or exempt $1,987,973
-
2c · Program service revenue: SELF FUNDED MEDICAL REFUNDS
total $38,708 · related or exempt $38,708
-
3 · Investment income
total $1,666,837 · excluded $1,666,837
-
7a · Gross sales of assets other than inventory
securities $137,164,472
-
7b · Less cost or other basis and sales expenses
securities $136,199,910
-
7c · Gain or loss
securities $964,562
-
7d · Net gain or loss
total $964,562 · excluded $964,562
-
11a · Other revenue: REIMBURSEMENTS FROM RELATED ORGAN
total $581,122 · excluded $581,122
-
11b · Other revenue: MISCELLANEOUS
total $11,592 · excluded $11,592
-
11e · Other revenue, total
$592,714
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $22,976,583
-
5 · Compensation of officers, directors and key employees
total $286,329
-
7 · Other salaries and wages
total $578,041
-
8 · Pension plan contributions
total $218,806
-
9 · Other employee benefits
total $227,181
-
10 · Payroll taxes
total $87,830
-
11b · Fees: legal
total $63,254
-
11c · Fees: accounting
total $136,791
-
11f · Fees: investment management
total $149,799
-
11g · Fees: other
total $333,782
-
13 · Office expenses
total $116,619
-
14 · Information technology
total $177,320
-
16 · Occupancy
total $95,043
-
19 · Conferences, conventions and meetings
total $637
-
22 · Depreciation, depletion and amortization
total $44,674
-
23 · Insurance
total $28,802
-
24a · Other expenses: PCORI FEE
total $11,500
-
24b · Other expenses: MEMBERSHIP FEES
total $3,775
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $488,366 · end of year $1,905,866
-
2 · Savings and temporary cash investments
beginning of year $983,874 · end of year $335,648
-
4 · Accounts receivable
beginning of year $2,811,700 · end of year $2,772,212
-
9 · Prepaid expenses and deferred charges
beginning of year $237,549 · end of year $255,677
-
10a · Land, buildings and equipment: cost or other basis
$875,333
-
10b · Land, buildings and equipment: accumulated depreciation
$755,821
-
10c · Land, buildings and equipment, net
beginning of year $164,186 · end of year $119,512
-
11 · Investments: publicly traded securities
beginning of year $52,271,210 · end of year $25,580,221
-
12 · Investments: other securities
end of year $30,237,846
-
17 · Accounts payable and accrued expenses
beginning of year $136,867 · end of year $199,181
-
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 $56,820,018 · end of year $61,007,801
Mission and programs · 2024
Mission
PROVIDE HEALTH BENEFITS
-
TO PROVIDE HEALTH CARE, DEATH AND DISABILITY BENEFITS TO ELIGIBLE PARTICIPANTS, RETIREES AND THEIR DEPENDENTS.
As filed on the 2024 return.
Listed in Part VII
-
Thomas McGrathTHOMAS MCGRATH
TRUSTEE
- Total calculated
- $312,137
- From this org
- $0
- From related orgs
- $178,507
- Other
- $133,630
- Hours/week
- 0.5 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $176,441 related
- Bonus
- $0
- Other
- $0 + $2,066 related
- Deferred
- $0 + $92,475 related
- Nontaxable benefits
- $0 + $41,155 related
- Filer's total
- $0 + $312,137 related
-
Robert FlynnROBERT FLYNN
TRUSTEE
- Total calculated
- $298,815
- From this org
- $0
- From related orgs
- $167,712
- Other
- $131,103
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $165,646 related
- Bonus
- $0
- Other
- $0 + $2,066 related
- Deferred
- $0 + $89,948 related
- Nontaxable benefits
- $0 + $41,155 related
- Filer's total
- $0 + $298,815 related
-
Ashley LuseASHLEY LUSE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Steve CastellarinSTEVE CASTELLARIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mary McMullinMARY MCMULLIN
FUND ADMINISTRATOR
- Total calculated
- $286,329
- From this org
- $0
- From related orgs
- $165,646
- Other
- $120,683
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $165,646 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $79,528 related
- Nontaxable benefits
- $0 + $41,155 related
- Filer's total
- $0 + $286,329 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
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.
-
INTL ASSOCIATION OF HEAT AND FROST LOCAL 17 ANNUITY FUND
401A · TO PROVIDE RETIREMENT BENEFITS FOR MEMBERS · IL
-
INTL ASSOCIATION OF HEAT AND FROST LOCAL 17 PENSION FUND
401A · TO PROVIDE RETIREMENT BENEFITS FOR MEMBERS · IL
-
INTL ASSOC OF HEAT AND FROST INSULATORS & ALLIED WKRS LOCAL 17
501C5 · LABOR UNION · IL
-
HEAT & FROST INSULATORS LOCAL 17 TRAINING TRUST
501C5 · APPRENTICE TRAINING - CONTRIBUTING EMPLOYER · IL
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.
-
ABC INSULATION
CONTRIBUTING EMPLOYER
-
ABSOLUTE INSULATION
CONTRIBUTING EMPLOYER
-
ALL SEASONS INSULATION
CONTRIBUTING EMPLOYER
-
ALLIED POWER LLC
CONTRIBUTING EMPLOYER
-
AMERICAN INSULATION INC
CONTRIBUTING EMPLOYER
-
AMEX NOOTER LLC
CONTRIBUTING EMPLOYER
-
B THERMAL CORPORATION
CONTRIBUTING EMPLOYER
-
BRANDSAFWAY INDUSTRIES LL
CONTRIBUTING EMPLOYER
-
BROCK INDUSTRIAL SERVICES
CONTRIBUTING EMPLOYER
-
CEC ENVIRONMENTAL
CONTRIBUTING EMPLOYER
-
CHAMPAIGN A & K INSULATIO
CONTRIBUTING EMPLOYER
-
CHER-MAR
CONTRIBUTING EMPLOYER
-
COLEMAN INSULATION
CONTRIBUTING EMPLOYER
-
COMMAND INSULATION LLC
CONTRIBUTING EMPLOYER
-
COMPLETE INSULATION
CONTRIBUTING EMPLOYER
-
DAM PLUMBING INC
CONTRIBUTING EMPLOYER
-
DETTMANN INDUSTRIES INC
CONTRIBUTING EMPLOYER
-
EARLEY INSULATION
CONTRIBUTING EMPLOYER
-
EJ STEVENS
CONTRIBUTING EMPLOYER
-
FALLS MECHANICAL INSULAT
CONTRIBUTING EMPLOYER
-
FIRECO INC
CONTRIBUTING EMPLOYER
-
FIVE STAR INSULATION CORP
CONTRIBUTING EMPLOYER
-
GAGNON INC
CONTRIBUTING EMPLOYER
-
HAYES INDUSTRIES INC
CONTRIBUTING EMPLOYER
-
HOLIAN INSULATION CO INC
CONTRIBUTING EMPLOYER
-
INDEPENDENT MECHANICAL IN
CONTRIBUTING EMPLOYER
-
INSULATION MATERIALS & FA
CONTRIBUTING EMPLOYER
-
INSULATION PARTNERS INC
CONTRIBUTING EMPLOYER
-
INSULATION TECHNOLOGY
CONTRIBUTING EMPLOYER
-
IZALCO INSULATION LLC
CONTRIBUTING EMPLOYER
-
JC INSULATION INC
CONTRIBUTING EMPLOYER
-
KRAEMER CONTRACTING GROUP
CONTRIBUTING EMPLOYER
-
LUSE ENVIRONMENTAL
CONTRIBUTING EMPLOYER
-
LUSE THERMAL TECH
CONTRIBUTING EMPLOYER
-
M&O INSULATION
CONTRIBUTING EMPLOYER
-
M&O MIDWEST LLC
CONTRIBUTING EMPLOYER
-
MATRIX HOLDINGS
CONTRIBUTING EMPLOYER
-
MIDWEST MECHANICAL INSULA
CONTRIBUTING EMPLOYER
-
NA LOGAN INC
CONTRIBUTING EMPLOYER
-
NATIONAL INSULATION INC
CONTRIBUTING EMPLOYER
-
NELSON FIRESTOP & LIFE
CONTRIBUTING EMPLOYER
-
NELSON INSULATION
CONTRIBUTING EMPLOYER
-
NOONAN INSULATION
CONTRIBUTING EMPLOYER
-
OMALLEY BROTHERS INC
CONTRIBUTING EMPLOYER
-
PARKSIDE INSULATION INC
CONTRIBUTING EMPLOYER
-
PREMIER INSULATION OF IL
CONTRIBUTING EMPLOYER
-
PRIME INSULATION LLC
CONTRIBUTING EMPLOYER
-
RHL INSULATION & FIRE
CONTRIBUTING EMPLOYER
-
SHIELD INSULATION
CONTRIBUTING EMPLOYER
-
SPRINKMANN INSULATION INC
CONTRIBUTING EMPLOYER
-
ST JOHN PLUMBING
CONTRIBUTING EMPLOYER
-
THORNBURGH INSULATION
CONTRIBUTING EMPLOYER
-
TIME INSULATION CO
CONTRIBUTING EMPLOYER
-
UNIV LLC
CONTRIBUTING EMPLOYER
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202502839349301900
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