Chicago Area Joint Welfare Comm Assn For Pntng Cl & Clkng Loc 52
- Assets
- $64.8m
- Revenue
- $16.0m
- Investments
- $17.2m
- Employees
- 51
- Location
- Elmhurst, IL
- Founding
- 02/1960
- Data as of
- 04/2023
- EIN
- 36-2344463
Organization Overview
Chicago Area Joint Welfare Comm Assn For Pntng Cl & Clkng Loc 52 is located in Elmhurst, IL. The organization was established in 1960. 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 04/2023, Chicago Area Joint Welfare Comm Assn For Pntng Cl & Clkng Loc 52 employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Area Joint Welfare Comm Assn For Pntng Cl & Clkng Loc 52 is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 04/2023, Chicago Area Joint Welfare Comm Assn For Pntng Cl & Clkng Loc 52 generated $16.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $20.8m during the year ending 04/2023. While expenses have increased by 6.8% per year over the past 8 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 MEDICAL BENEFITS FOR MEMBERS OF THE LOCAL TUCKPOINTERS UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
BENEFIT CLAIMS FOR MEDICAL, DENTAL, DISABILITY, LIFE AND AD&D, SURVIVOR INCOME BENEFITS AND PRESCRIPTION DRUG MEMBER BENEFITS.
BENEFIT CLAIMS FOR MEDICAL, DENTAL, DISABILITY, LIFE AND AD&D, SURVIVOR INCOME BENEFITS AND PRESCRIPTION DRUG MEMBER BENEFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Kallianis Fund Adminis | Officer | 24 | $110,769 |
Terry Rocco Fund Adminis | 0 | $108,271 | |
Hector Arellano Trustee | Trustee | 4 | $0 |
Kevin Geshwender Trustee | Trustee | 1 | $0 |
Thomas Laird Trustee | Trustee | 0.2 | $0 |
Thomas Rivkin Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue Cross Blue Shield 3rd Party Admin | 4/29/23 | $537,709 |
Cygan Hayes Ltd Auditor/employe | 4/29/23 | $159,197 |
The Segal Company Actuary | 4/29/23 | $116,619 |
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 | $13,720,286 |
| Investment income | $1,035,480 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,219,300 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,975,066 |
| 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 | $19,373,264 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $477,653 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $86,430 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,903 |
| Fees for services: Accounting | $158,083 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $181,181 |
| Fees for services: Other | $181,374 |
| Advertising and promotion | $0 |
| Office expenses | $98,746 |
| Information technology | $101,111 |
| Royalties | $0 |
| Occupancy | $35,086 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,472 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,535 |
| Insurance | $20,543 |
| All other expenses | $8,359 |
| Total functional expenses | $20,773,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,950,003 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,159,695 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,683 |
| Net Land, buildings, and equipment | $40,720 |
| Investments—publicly traded securities | $44,242,291 |
| Investments—other securities | $17,243,615 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $111,568 |
| Total assets | $64,782,575 |
| Accounts payable and accrued expenses | $2,165,211 |
| 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 | $111,568 |
| Total liabilities | $2,276,779 |
| 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 | $62,505,796 |
| Total liabilities and net assets/fund balances | $64,782,575 |