United Food & Commercial Workers Union Local 1546 Health & Welfare is located in Chicago, IL. The organization was established in 1951. 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 08/2023, United Food & Commercial Workers Union Local 1546 Health & Welfare employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Food & Commercial Workers Union Local 1546 Health & Welfare is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 08/2023, United Food & Commercial Workers Union Local 1546 Health & Welfare generated $39.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $29.7m during the year ending 08/2023. While expenses have increased by 1.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HEALTH BENEFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HEALTH CARE, DEATH, DISABILITY AND DENTAL BENEFITS FOR ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert O'toole Trustee/chairman | Trustee | 2 | $0 |
Jonathan Willigman Trustee | Trustee | 2 | $0 |
Carlos Cartagena Trustee - Past | Trustee | 2 | $0 |
Mario Marin Trustee | Trustee | 2 | $0 |
Dennis Hernandez Trustee | Trustee | 2 | $0 |
Dwight Stiehl Trustee/secretary | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lasalle Consulting Partners Inc It Service Provider | 8/30/23 | $184,948 |
Advocate Illinois Masonic Medical Center Medical - Physical Therapy | 8/30/23 | $180,838 |
Il Masonic Medical Center Jessica Sanfo Medical - Ob/gyn | 8/30/23 | $222,474 |
Lake Shore Foot & Ankle Pc Medical - Podiatrist | 8/30/23 | $144,315 |
Amperss Diagnostics Imaging Inc Medical - Imaging | 8/30/23 | $139,400 |
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 | $38,922,495 |
Investment income | $1,173,404 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$495,229 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $39,613,202 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $27,271,021 |
Compensation of current officers, directors, key employees. | $56,265 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $958,686 |
Pension plan accruals and contributions | $38,603 |
Other employee benefits | $134,861 |
Payroll taxes | $82,181 |
Fees for services: Management | $0 |
Fees for services: Legal | $45,895 |
Fees for services: Accounting | $71,698 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $145,501 |
Fees for services: Other | $93,799 |
Advertising and promotion | $0 |
Office expenses | $150,846 |
Information technology | $172,644 |
Royalties | $0 |
Occupancy | $297,950 |
Travel | $284 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $50,056 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,625 |
Insurance | $40,419 |
All other expenses | $22,080 |
Total functional expenses | $29,655,414 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$1,561,447 |
Savings and temporary cash investments | $5,114,414 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,805,438 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $2,103,565 |
Notes and loans receivable | $0 |
Inventories for sale or use | $76,904 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $577,103 |
Investments—publicly traded securities | $40,004,045 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,140,440 |
Total assets | $51,260,462 |
Accounts payable and accrued expenses | $348,020 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,181,046 |
Total liabilities | $1,529,066 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $49,731,396 |
Total liabilities and net assets/fund balances | $51,260,462 |