Local Union 2158 Health And Welfare Fund

Organization Overview

Local Union 2158 Health And Welfare Fund is located in Bettendorf, IA. The organization was established in 1983. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Local Union 2158 Health And Welfare Fund employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local Union 2158 Health And 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 12/2021, Local Union 2158 Health And Welfare Fund generated $360.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $255.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. 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

PROVIDE HEALTH AND WELFARE BENEFITS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SUPPLEMENTAL HEALTHCARE AND DISABILITY BENEFITS FOR ELIGIBLE PARTICIPANTS AND/OR THEIR DEPENDENTS IN ACCORDANCE WITH THE PLAN DOCUMENT AND SCHEDULE OF BENEFITS.


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Board, Officers & Key Employees

Name (title)Compensation
Dave Foy
Sec. / Treas. - Past
$0
Paul Elgatian
Chairman
$0
Steve Bark
Trustee
$0
Derek Mcclain
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$205,575
Investment income $90,754
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $63,824
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $360,280

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