United Steelworkers Local 625 Benefit Tr

Organization Overview

United Steelworkers Local 625 Benefit Tr is located in Niagara Falls, NY. The organization was established in 2009. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Steelworkers Local 625 Benefit Tr 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, United Steelworkers Local 625 Benefit Tr generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. 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

TO PROVIDE EMPLOYEE BENEFITS AS PERMISSIBLE UNDER APPROPRIATE INTERNAL REVENUE CODES AND PURSUANT TO APPLICABLE IRS RULES AND REGULATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE EMPLOYEE BENEFITS FOR ELIGIBLE PARTICIPANT MEMBERS OF UNITED STEELWORKERS LOCAL 625.


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Board, Officers & Key Employees

Name (title)Compensation
William G Wallace
Recording Secretary
$0
Wade Mcclurg
Chairman
$0
Travis Rice
Trustee
$0
Jeffrey Fagan
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$1,777,999
Investment income $10,387
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,788,386

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