EIN 51-0168650

Iron Workers Locals 549 and 550 Medical and Benefit Fund

IRS 501(c) type
501(c)(9)
Num. employees
14
City
Year formed
1975
Most recent tax filings
2023-03-01
Description
The trust Fund is created, established and maintained, (and the trustees agree to receive, hold and administer), to provide benefits for members and their beneficiaries in accordance with the plan document. To provide accident, hospital, Medical, surgical, disability, dental, prescription and death benefits to eligible members of Iron Workers Locals 549 & 550 and their spouses and dependents.
Total revenues
$10,746,923
2023
Total expenses
$9,892,207
2023
Total assets
$13,711,104
2023
Num. employees
14
2023

Program areas at Iron Workers Locals 549 and 550 Medical and Benefit Fund

The Iron Workers Locals 549 & 550 Medical & Benefit plan is a defined Benefit health and welfare plan that provides benefits to eligible members of Iron Workers Locals 549 and 550 who have completed the required service hours for an employer who is subject to the terms of the collective bargaining agreements between the international association of bridge, structural and ornamental ironworkers Locals unions 549 and 550 and the Ohio valley construction employers council inc and the structural contractors and independent employers association of canton Ohio. The plan provides for accident, hospital, Medical, surgical, disability, dental, prescription and death benefits covering approximately 919 eligible members and their spouses and dependents.

Personnel at Iron Workers Locals 549 and 550 Medical and Benefit Fund

NameTitleCompensation
Kevin CoulterChairman of the Board$0
William ShererChairman and Employee Trust$0
Bengy SwansonFormer Employee Trustee / Chairman and Employee Trust / Chairman of the Board$0
Keith HughesFormer Co Chairman and Employe$0

Financials for Iron Workers Locals 549 and 550 Medical and Benefit Fund

RevenuesFYE 03/2023
Total grants, contributions, etc.$0
Program services$10,580,408
Investment income and dividends$166,515
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,746,923

Form 990s for Iron Workers Locals 549 and 550 Medical and Benefit Fund

Fiscal year endingDate received by IRSFormPDF link
2023-032024-05-09990View PDF
2022-032023-01-12990View PDF
2021-032021-10-25990View PDF
2020-032021-06-08990View PDF
2019-032019-12-11990View PDF
...and 11 more Form 990s
Data update history
July 14, 2024
Used new vendors
Identified 3 new vendors, including , , and
July 5, 2023
Used new vendors
Identified 8 new vendors, including , , , , , , , and
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Fraternal societiesMutual assistance organizationsHeadquarter / parent organizations
Issues
No issues found
Characteristics
MembershipsNo full-time employees
General information
Address
3150 Us Route 60
Ona, WV 25545
Metro area
Huntington-Ashland, WV-KY-OH
County
Cabell County, WV
Phone
(304) 399-9010
IRS details
EIN
51-0168650
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1975
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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