Chicago District Council Of Carpenters Welfare Fund

Chicago District Council Of Carpenters Welfare Fund Overview

Chicago District Council Of Carpenters Welfare Fund is located in Chicago, IL. The organization was established in 1956. 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.

For the year ending 06/2019, Chicago District Council Of Carpenters Welfare Fund generated $306.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $261.2m during the year ending 06/2019. While expenses have increased by 4.4% per year over the past 5 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

HEALTH BENEFIT FUND

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HEALTH CARE, DENTAL, AND DISABILITY BENEFITS FOR ELIGIBLE PLAN PARTICIPANTS AND/OR THEIR DEPENDENTS IN ACCORDANCE WITH THE PLAN DOCUMENT AND SCHEDULE OF BENEFITS.


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Chicago District Council Of Carpenters Welfare Fund Board, Officers & Key Employees

Chicago District Council Of Carpenters Welfare Fund Vendors

Vendor Name (Service)Compensation
Blue Cross Blue Shield Of Illinois
Ppo Network Provider
$7,406,259
Wellington Trust
Investment Management
$642,098
Medco Health Solutions
Ppo Network Provider
$581,261
Mcgann Ketterman & Rioux
Attorney
$516,299
Legacy Professionals Llp
Accountant
$514,886
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $23,974,093
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,518,145
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $305,952,757

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