Lansing Glaziers 826 Health & Welfare Fund
- Assets
- $2.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, MI
- Founding
- 10/1969
- Data as of
- 12/2021
- EIN
- 38-6148724
Organization Overview
Lansing Glaziers 826 Health & Welfare Fund is located in Jackson, MI. The organization was established in 1969. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lansing Glaziers 826 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 12/2021, Lansing Glaziers 826 Health & Welfare Fund generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 5.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HEALTH AND WELFARE PLAN SERVING APPROXIMATELY 150 MEMBERS OF LANSING GLAZIERS LOCAL 826
Describe the Organization's Program Activity:
Part 3 - Line 4a
MULTI-EMPLOYER HEALTH AND WELFARE PLAN
LIFE INSURANCE PREMIUMS AND DISABILITY PAYMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Brink Employee / T | Trustee | 5 | $500 |
Kenneth Smith Employer / T | Trustee | 5 | $500 |
Ron Vanhorn Employer / T | Trustee | 5 | $500 |
David Wohlscheid Employer / T | Trustee | 5 | $500 |
Edward Theile Employer / T | Trustee | 5 | $250 |
Rocky Ackerman Union Truste | Trustee | 5 | $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 | $1,596,357 |
| Investment income | $53,817 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $564 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,675,695 |
| 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 | $1,807,224 |
| Compensation of current officers, directors, key employees. | $2,250 |
| Compensation of current officers, directors, key employees. | $2,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $57,380 |
| Fees for services: Legal | $7,102 |
| Fees for services: Accounting | $29,184 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,768 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $38,069 |
| All other expenses | $0 |
| Total functional expenses | $1,949,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,158 |
| Savings and temporary cash investments | $185,001 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $143,214 |
| 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 | $252,592 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,223,979 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,058,944 |
| Accounts payable and accrued expenses | $32,696 |
| 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 | $807,000 |
| Total liabilities | $839,696 |
| Net assets without donor restrictions | $1,219,248 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,058,944 |
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Bronson Properties Corporation Kalamazoo, MI | $80,947,112 | $15,014,502 |