Painting Industry Insurance Fund

Organization Overview

Painting Industry Insurance Fund is located in Strongsville, OH. The organization was established in 1950. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Painting Industry Insurance Fund employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Painting Industry Insurance Fund 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, Painting Industry Insurance Fund generated $13.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $13.9m during the year ending 12/2021. While expenses have increased by 2.3% 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

WELFARE BENEFIT PLAN

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISBURSEMENTS TO OR FOR MEMBERS FOR HOSPITALIZATION AND OTHER MEDICAL EXPENSES


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Board, Officers & Key Employees

Name (title)Compensation
Shawn Kroeger
Administrator
$0
Guy Reph
Trustee
$0
Donald Hansen
Trustee
$0
James Sherwood
Trustee
$0
Linda Vasquez
Trustee
$0
Tony Watroba
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$12,807,812
Investment income $148,471
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $38,043
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,147,287

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