Metal Lathers Trust Fund-46

Organization Overview

Metal Lathers Trust Fund-46 is located in Woodside, NY. The organization was established in 1949. 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 12/2021, Metal Lathers Trust Fund-46 employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metal Lathers Trust Fund-46 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, Metal Lathers Trust Fund-46 generated $28.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $33.6m during the year ending 12/2021. While expenses have increased by 4.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PLAN PROVIDES HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS. BENEFITS INCLUDE HOSPITALIZATION, DENTAL, LIFE INSURANCE AND DISABILITY INSURANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PLAN PROVIDES HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS. BENEFITS INCLUDE HOSPITALIZATION, DENTAL, LIFE INSURANCE AND DISABILITY INSURANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Alex Bonilla
Fund Administrator-Past
$141,359
Michael Anderson
Trustee
$0
John Coffey
Trustee
$0
John Clausman
Trustee
$0
Kevin O'brien
Trustee
$0
Michael Salgo
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Empire Healthchoice Assurance Inc
Claim Services
$820,651
Proskauer Rose Llp
Legal Fees
$135,518
Fitzsimmons Abrams Llp
Compliance Audit Fees
$114,744
View All Vendors

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$27,894,085
Investment income $268,738
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,260
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,199,883

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