Dairy Union Employees Welfare Fund is located in Independence, OH. The organization was established in 1956. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, 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. Dairy Union Employees Welfare Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2022, Dairy Union Employees Welfare Fund generated $18.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $49.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SICK AND DEATH BENEFITS FOR PARTICIPANTS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Bruce Osborne Jr Trustee | 4 | $0 | |
| Gail Sullivan Trustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $13,327 | 
| Investment income | $5,299 | 
| Gain or Loss | -$130 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $18,496 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $2,888 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $18,412 | 
| Occupancy, rent, utilities, and maintenance | $4,358 | 
| Printing, publications, postage, and shipping | $4,146 | 
| Other expenses | $19,918 | 
| Total expenses | $49,722 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $174,528 | 
| Other assets | $0 | 
| Total assets | $174,528 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $174,528 |