Iupat District Council 21 Welfare Fund

Organization Overview

Iupat District Council 21 Welfare Fund is located in Philadelphia, PA. The organization was established in 1959. 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 04/2022, Iupat District Council 21 Welfare Fund employed 13 individuals. Iupat District Council 21 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 04/2022, Iupat District Council 21 Welfare Fund generated $54.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $54.7m during the year ending 04/2022. While expenses have increased by 2.7% 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

THE PURPOSE OF THE FUND IS TO PAY HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THE FUND IS TO PAY THE HEALTH BENEFITS FOR ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Independence Blue Cross
Claims Processing
$1,385,044
Benecard Services
Pharmacy Benefits Manager
$250,040
Innovative Software Solutions Inc
It Consultant
$176,293
Recovery Centers Of America
Claims Processing
$180,290
Guardian Nurses
Nursing Services
$404,000
View All Vendors

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$52,338,675
Investment income $1,888,932
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$72,558
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $54,798,388

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Iupat District Council 21 Welfare Fund has recieved totaling $2,807,335.

Awarding OrganizationAmount
International Brotherhood Of Painters And Allied Trades

Philadelphia, PA

PURPOSE: SUBSIDIZE BENEFIT FUND TO AID CONTRIBUTING EMPLOYER IN COMPETITIVE BIDDING.

$1,504,523
Glaziers Architectural Metal Workers & Glass Workers Union

Philadelphia, PA

PURPOSE: SUBSIDIZE BENEFIT FUND TO AID CONTRIBUTING EMPLOYER IN COMPETITIVE BIDDING.

$956,405
Iupat District Council No 21 Drywall Finishers Local No 1955 Pi

Philadelphia, PA

PURPOSE: SUBSIDIZE BENEFIT FUND TO AID CONTRIBUTING EMPLOYER IN COMPETITIVE BIDDING.

$346,407
View Grant Recipient Profile

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