NonprofitsSmart Local 265 Welfare Fund

Smart Local 265 Welfare Fund

DOWNERS GROVE, IL

Total revenue

$33.6M

Total expenses

$37.5M

Net assets

$24.9M

Grants received

EIN

362356062

Tax year

2023

Mission

Provide health, dental, prescription drug, vision and death benefits covering substantially all participating persons under the sheet metal workers local 265 union's collective bargaining agreement.

Programs

1 program

Provided are health (hospital, major medical, and long term disability), dental, vision, and death benefits for eligible participants.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$33.7M
Investment income
Other revenue$632K
Total revenue$33.6M

Expenses

Grants paid
Salaries & benefits$1.5M
Fundraising
Other expenses$5.0M
Total expenses$37.5M
Total assets$41.4M
Net assets$24.9M

People

13 listed

NameRoleCompensation

KEN WIESBROOK

TRUSTEE

Board

3 hrs/wk

JOHN DANIEL

TRUSTEE

Board

3 hrs/wk

KEVIN GALASS

TRUSTEE

Board

3 hrs/wk

ANDY YONKUS

TRUSTEE

Board

3 hrs/wk

PAT HUDGENS

TRUSTEE

Board

3 hrs/wk

BRIAN DAHLMAN

TRUSTEE

Board

3 hrs/wk

RON MIKA

TRUSTEE

Board

3 hrs/wk

MATTHEW GUGALA

TRUSTEE

Board

3 hrs/wk

BRIAN MCSHERRY

TRUSTEE

Board

3 hrs/wk

TERRANCE VAN SOMEREN

TRUSTEE

Board

3 hrs/wk

JOHN SHAW

TRUSTEE

Board

3 hrs/wk

KATIE EBY

ADMINISTRATOR

Staff

$175K

40 hrs/wk

BRIAN DOXIE

CLAIMS MANAGER

Staff

$108K

40 hrs/wk

Independent contractors

BLUE CROSS BLUE SHIELD

PPO ACCESS FEES

$751K

EXPRESS SCRIPTS

RX ADMIN FEES

$457K

VALENZ PROTEKHT LLC

CLAIM FEES

$181K

THE SEGAL COMPANY

CONSULTING/ACTUARIAL FEES

$153K

BAUM SIGMAN AUERBACH & NEUMAN

LEGAL FEES

$118K

Details

EIN362356062
Subsection09
Ruling date1968-06
Formed1962
Employees82
Volunteers0
SMART LOCAL 265 WELFARE FUND — Mission, Financials & Grants Received | Grantivo