Insulators Local No 53 Welfare Fund
KENNER, LA
Total revenue
$2.1M
Total expenses
$2.0M
Net assets
$7.3M
Grants received
—
EIN
720455641
Tax year
2024
Mission
The fund receives contributions from participating contractors/ members who employ members of the union. Contributions are received on each covered hour worked. These funds are used to provide health insurance benefits to eligible participants.
Programs
3 programs
The fund provides a prescription drug card to eligible participants and their qualified dependents.
The fund provides major medical benefits for hospital, doctor, lab and diagnostic health care to eligible participants and their qualified dependents.
The welfare fund provides major medical health, prescription and group term life insurance coverage. Total costs for each service are detailed here in part iii. This final amount $9,864 is for group term life insurance only.
Financials
FY 2024
Revenue
Expenses
People
5 listed
SCOTT MCLEAN
Trustee
—
1 hrs/wk
DAVID SCHUBER
Trustee
—
1 hrs/wk
CARL WILSON
Trustee
—
1 hrs/wk
KRISTOPHER COMEAUX
Chairman
—
1 hrs/wk
RYAN BORDELON
EXECUTIVE DIRECTOR
$17K
1 hrs/wk
Independent contractors
BLUE CROSS BLUE SHIELD
CLAIMS PROCESSING