Line Clearance Contractors Health & Welfare Fund

Organization Overview

Line Clearance Contractors Health & Welfare Fund is located in Lansing, MI. The organization was established in 1997. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2022, Line Clearance Contractors Health & Welfare Fund employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Line Clearance Contractors Health & 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 06/2022, Line Clearance Contractors Health & Welfare Fund generated $13.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $13.4m during the year ending 06/2022. While expenses have increased by 6.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

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 AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Spychalski
Trustee
$746
Robert Cook
Trustee
$738
Craig Nolan
Trustee
$691
John Burkard
Trustee
$0
John Dowling
Trustee
$0
Eric Bergdolld
Alternate 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$12,293,563
Investment income $1,144,832
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $164,510
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,603,170

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