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  4. Cement Masons Institute Local 502 Welfare Trust Fund
EIN 36-2196729

Cement Masons Institute Local 502 Welfare Trust Fund

IRS 501(c) type
501(c)(9)
Num. employees
27
City
Bellwood
State
Illinois
Year formed
1950
Most recent tax filings
2023-12-01
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
Description
The Cement Masons Institute Local 502 Welfare Trust Fund is a fraternal beneficiary society and voluntary employees association dedicated to providing health benefits. It offers medical and life insurance to participants located in Bellwood, IL.
Total revenues
$30,992,756
2023
Total expenses
$25,581,042
2023
Total assets
$80,553,094
2023
Num. employees
27
2023

Program areas at Cement Masons Institute Local 502 Welfare Trust Fund

To provide medical and life insurance to participants.

Personnel at Cement Masons Institute Local 502 Welfare Trust Fund

NameTitleCompensation
Colleen LakisController$110,688
Angelo FeolaCollection Coordinator$137,684
Kevin J FarleyTrustee$0
William BeemanAdministrator$147,415
Patrick LacasseTrustee

Financials for Cement Masons Institute Local 502 Welfare Trust Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$28,763,142
Investment income and dividends$1,935,214
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$72,256
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$222,144
Total revenues$30,992,756

Form 990s for Cement Masons Institute Local 502 Welfare Trust Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-09990View PDF
2022-122023-07-20990View PDF
2021-122022-11-01990View PDF
2020-122021-08-11990View PDF
2018-122019-11-01990View PDF
...and 10 more Form 990s
Data update history
August 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 24, 2023
Updated personnel
Identified 1 new personnel
August 21, 2023
Used new vendors
Identified 1 new vendor, including
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Fraternal societiesMutual assistance organizationsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
739 - 25th Ave
Bellwood, IL 60104
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Phone
(708) 544-9105
IRS details
EIN
36-2196729
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1950
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary
525120: Health and Welfare Funds
Parent/child status
Central organization
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