Nonprofits›Asbetos Workers Philadelphia Welfare Fund
Asbetos Workers Philadelphia Welfare Fund
PHILADELPHIA, PA
Total revenue
$16.9M
Total expenses
$15.7M
Net assets
$32.1M
Grants received
—
EIN
237097998
Tax year
2023
Mission
The plan is a multiemployer health and welfare plan covering members of insulators and asbestos workers local union nos. 14 and 89 and all employees whose employment is in a capacity which provides for contributions to the trust of the plan.
Financials
FY 2023
Revenue
Contributions & grants—
Program service revenue$15.8M
Investment income$1.1M
Other revenue—
Total revenue$16.9M
Expenses
Grants paid—
Salaries & benefits$388K
Fundraising—
Other expenses$585K
Total expenses$15.7M
Total assets$32.9M
Net assets$32.1M
People
7 listed
NameRoleCompensation
MICHAEL BURNS
FUND ADMINISTRATOR
Board
$19K
16 hrs/wk
STEPHEN PETTIT
LABOR TRUSTEE
Board
—
1 hrs/wk
MICHAEL FORMICA
MANAGEMENT TRUSTEE
Board
—
1 hrs/wk
JERRY LICHTERMAN
MANAGEMENT TRUSTEE CO-CHAI
Board
—
1 hrs/wk
ARTHUR SWEENEY
MANAGEMENT TRUSTEE
Board
—
1 hrs/wk
STEPHEN ROBERTS JR
LABOR TRUSTEE
Board
—
1 hrs/wk
ROBERT CELLUCCI
LABOR TRUSTEE CO-CHAIRMAN
Board
—
1 hrs/wk
Independent contractors
AETNA
CLAIMS PROCESSING
Details
EIN237097998
Subsection09
Ruling date1960-09
Formed1950
Employees4
Volunteers0