WELFARE FUND TRUST OF ARCHITECTURAL IRONWORKERS LOCAL NO 63: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- WELFARE FUND TRUST OF ARCHITECTURAL IRONWORKERS LOCAL NO 63 (EIN 36-3251688)
- Tax period
- 2023-06-01 to 2024-05-31
- Filed
- 2025-03-11
- IRS object ID
- 202540709349300509
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-03-11T09:15:33-05:00 | ReturnTs |
| Tax Period End | 2024-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 470900880 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIBRE CPA GROUP PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 WEST MONROE ST STE310 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363251688 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARCH IRONWORKERS LOCAL 63 WELFARE FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARCH | BusinessNameControlTxt |
| Phone | 6304720627 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 ENTERPRISE DR | AddressLine1Txt |
| City | OAK BROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605238813 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL WENDE | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6304720627 | PhoneNum |
| Signature | 2025-03-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AARON PLATH | PreparerPersonNm |
| PTIN | P01360263 | PTIN |
| Phone | 3126550037 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PAUL WENDE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 ENTERPRISE DR | AddressLine1Txt |
| City | OAK BROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605238813 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $39,959,270 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE MEDICAL, DENTAL, DISABILITY, AND DEATH BENEFITS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 46 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $23,398,633 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $25,358,020 | CYProgramServiceRevenueAmt |
| PY Investment Income | $529,030 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,941,177 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $23,927,663 | PYTotalRevenueAmt |
| CY Total Revenue | $27,299,197 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $30,522,952 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $28,035,457 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $47,593 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $48,161 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,718,411 | PYOtherExpensesAmt |
| CY Other Expenses | $1,654,557 | CYOtherExpensesAmt |
| PY Total Expenses | $32,288,956 | PYTotalExpensesAmt |
| CY Total Expenses | $29,738,175 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$8,361,293 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,438,978 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $98,519,717 | TotalAssetsBOYAmt |
| Total Assets EOY | $98,630,018 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $27,511,965 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $26,538,529 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $71,007,752 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $72,091,489 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE MEDICAL, DENTAL, VISION, DISABILITY, DEATH AND OTHER WELFARE BENEFITS | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE FUND PROVIDES MEDICAL, DENTAL, VISION, DISABILITY, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE FUND PROVIDES MEDICAL, DENTAL, VISION, DISABILITY, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 46 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHRIS KRZYSKO AT BENEFITS MGMT GROUP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6304720627 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 625 ENTERPRISE DRIVE | AddressLine1Txt |
| City | OAKBROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60523 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|
| MICHAEL SWANBERG | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| PAUL WENDE | ||||||
| CHAIRMAN | 3.00 | Yes (X) | $0 | $200,503 | $137,246 | 49.00 |
| TIM BELL | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| MARK LABUZ | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| DAVE MURRAY | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $178,141 | $126,887 | 46.00 |
| FLETCHER HOLMES | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $174,625 | $126,887 | 46.00 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $553,269 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $391,020 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BCBS | |||||
| 300 E RANDOLPH | CHICAGO | IL | 60601 | CLAIMS PAYOR | $944,727 |
| MARATHON HEALTH | |||||
| 10 WEST MARKET ST SUITE 2900 | INDIANAPOLIS | IN | 46204 | HEALTH CARE MANAGEMENT COMPANY | $834,690 |
| UNION EYES | |||||
| 3460 S HALSTED ST | CHICAGO | IL | 60608 | VISION CLAIMS ADMINISTRATOR | $834,690 |
| BENEFITS MANAGEMENT GROUP | |||||
| 625 ENTERPRISE DR | OAK BROOK | IL | 60523 | THIRD PARTY ADMIN. | $403,390 |
| SAV-RX | |||||
| 224 NORTH PARK AVENUE | FREEMONT | NE | 68025 | PRESCRIPTION DRUG SERVICE PROVIDER | $121,445 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 900099 | $23,336,187 | $23,336,187 |
| EMPLOYEE CONTRIBUTIONS | 900099 | $1,566,656 | $1,566,656 |
| MEDICARE PART D SUBSIDY | 900099 | $455,177 | $455,177 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $25,358,020 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,775,051 | TotalRevenueColumnAmt |
| Exclusion | $2,775,051 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,826,199 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,660,073 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$833,874 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$833,874 | TotalRevenueColumnAmt |
| Exclusion | -$833,874 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,299,197 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,358,020 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,941,177 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,035,457 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,161 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $373,700 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,661 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,770 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,715 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $867,216 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,897 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,000 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,879 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,768 | TotalAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACA FEES | Desc |
| Total | $3,951 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,738,175 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,341,108 | BOYAmt |
| EOY | $5,140,054 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $941,723 | BOYAmt |
| EOY | $739,050 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,182,921 | BOYAmt |
| EOY | $2,275,618 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $191,085 | BOYAmt |
| EOY | $111,830 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,398,780 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $383,256 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,161,895 | BOYAmt |
| EOY | $1,015,524 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,474,194 | BOYAmt |
| EOY | $79,377,764 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,737,211 | BOYAmt |
| EOY | $9,494,407 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $489,580 | BOYAmt |
| EOY | $475,771 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,519,717 | BOYAmt |
| EOY | $98,630,018 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,989 | BOYAmt |
| EOY | $160,536 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,380,976 | BOYAmt |
| EOY | $26,377,993 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,511,965 | BOYAmt |
| EOY | $26,538,529 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,007,752 | BOYAmt |
| EOY | $72,091,489 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,007,752 | BOYAmt |
| EOY | $72,091,489 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,519,717 | BOYAmt |
| EOY | $98,630,018 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,438,978 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,522,715 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,398,780 | OtherCostOrOtherBasisAmt |
| Depreciation | $383,256 | DepreciationAmt |
| Book Value | $1,015,524 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,015,524 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FIRST LIGHT FOCUS FUND, LIMITED PARTNERSHIP | $8,136,408 | F |
| STERLING BAY CAPITAL PARTNERS III, LP | $1,357,999 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $9,494,407 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| EXTENDED ELIGIBILITY | $15,237,000 |
| CLAIMS INCURRED BUT NOT PAID | $3,405,252 |
| ACCUMULATED MRA ACCOUNT BALANCES | $7,734,616 |
| DUE TO RELATED ENTITIES | $1,125 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $26,377,993 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $30,161,020 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,522,715 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $3,522,715 | RevenueNotReportedAmt |
| Revenue Subtotal | $26,638,305 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $205,715 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $455,177 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $660,892 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $27,299,197 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $30,081,391 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $30,081,391 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $205,715 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$548,931 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$343,216 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $29,738,175 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | AS OF MAY 31, 2024, THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGRESS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | MEDICARE PART D SUBSIDY 455,177. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | CHANGE IN BENEFIT OBLIGATIONS -1,004,108. MEDICARE PART D SUBSIDY 455,177. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAUL WENDE | ||||||||||||||
| CHAIRMAN | $0 | $198,596 | $0 | $0 | $0 | $1,907 | $0 | $109,914 | $0 | $27,332 | $0 | $337,749 | $0 | $0 |
| DAVE MURRAY | ||||||||||||||
| TRUSTEE | $0 | $175,318 | $0 | $0 | $0 | $2,823 | $0 | $99,555 | $0 | $27,332 | $0 | $305,028 | $0 | $0 |
| FLETCHER HOLMES | ||||||||||||||
| TRUSTEE | $0 | $172,316 | $0 | $0 | $0 | $2,309 | $0 | $99,555 | $0 | $27,332 | $0 | $301,512 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | LINE 3 EXPLANATION - BENEFITS MANAGEMENT GROUP, INC. IS THE THIRD PARTY ADMINISTRATOR HIRED TO ADMINISTER THE FUND'S DAY-TO-DAY OPERATIONS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE TRUSTEES AUTHORIZE THE FUND'S THIRD-PARTY ADMINISTRATOR AND A DESIGNATED TRUSTEE TO REVIEW THE FORM 990 BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE TRUSTEES ARE GOVERNED BY THE TRUST DOCUMENT AND A WRITTEN POLICY AND HAVE A FIDUCIARY RESPONSIBILITY UNDER ERISA TO ADMINISTER THE PLAN IN THE BEST INTEREST OF THE MEMBERSHIP. THE U.S. DEPARTMENT OF LABOR REQUIRES ALL LABOR TRUSTEES TO REPORT ON FORM LM-30 POTENTIAL SITUATIONS WHERE THERE MAY BE CONFLICTS OF INTEREST. THIS INFORMATION IS OPEN TO THE PUBLIC. |
| FORM 990, PART VI, SECTION C, LINE 19 | A SUMMARY ANNUAL REPORT IS DISTRIBUTED TO ALL PARTICIPANTS. PARTICIPANTS ARE ABLE TO REQUEST THE AUDITOR'S REPORT AND OTHER FINANCIAL INFORMATION FROM THE PLAN ADMINISTRATOR AND/OR THE U.S. DEPARTMENT OF LABOR. ALSO, FORM 5500 IS OPEN TO PUBLIC INSPECTION THROUGH THE U.S. DEPARTMENT OF LABOR. |
| PART XII, LINE 2C | THERE HAS BEEN NO CHANGE IN THE FUND'S PROCESS FROM THE PRIOR YEAR IN REGARDS TO THE OVERSIGHT PROCESS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| IRONWORKERS LOCAL 63 PENSION FUND | ||||||||
| 625 ENTERPRISE DR | OAKBROOK | IL | 60523 | 363519910 | PENSION FUND | IL | 401 (A) | 0 |
| IRONWORKERS LOCAL 63 UNION | ||||||||
| 2205 ENTERPRISE DR STE 502 | WESTCHESTER | IL | 60154 | 360743355 | LABOR UNION | IL | 501(C)(5) | 0 |
| IRONWORKERS LOCAL 63 TRAINEE SCHOOL | ||||||||
| 2523 W LEXINGTON STREET | BROADVIEW | IL | 60153 | 362365717 | TRAINING | IL | 501(C)(5) | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (168 entries)
| 3F CORPORATION |
| 4-S ERECTION INC |
| ACME ERECTORS INC |
| ACORN FENCE & CONSTRUCTION INC AUDIT |
| ACSEM INC |
| ACTION FENCE CONTRACTORS INC |
| ADVANCE STEEL ERECTION INC |
| AIR & WELLNESS SAFETY TRAINING |
| ALDRIDGE ELECTRIC |
| ALLEN ARCHITECTURAL METALS INC |
| ALLIANCE GLASS & METAL INC |
| ALUMINUM SERVICES INC |
| AMF SPECIALISTS LLC |
| ANAGNOS DOOR CO INC |
| ARCORP STRUCTURES LLC |
| ARCWALL |
| AREA ERECTORS INC |
| ARNING COMPANIES INC |
| BAKES STEEL ERECTORS INC |
| BAM DECKING INC |
| BCBM LLC |
| BENSON INDUSTRIES INC |
| BIG STIK LLC |
| BILL WELDING & FAB DBA BWF CONSTRUCTION |
| BLUE SKY ARCHITECTURAL METALS LLC |
| BUILDERS CHICAGO CORP |
| BUILT BEST FENCE CO INC |
| C & B GLASS INC |
| CAPUTO STEEL ERECTORS LLC |
| CHICAGO FLYHOUSE INC |
| CHICAGO HEIGHTS GLASS INC |
| CHICAGO ORNAMENTAL IRON INC |
| CHRISTOPHER GLASS SERVICES INC |
| CK II CONTRACTING INC |
| COLLECTIVE PAYROLL |
| COMPLETE CANOPY SERVICES INC |
| COMPOSITE STEEL INC |
| CONTRACT GLAZIERS INC |
| COPENHAVER CONSTRUCTION |
| CORE ERECTORS IL LLC |
| CORRECT DIGITAL DISPLAYS INC |
| CORSETTI STRUCTURAL STEEL INC |
| CROWN CORR INC |
| CUSTOM CANOPY LLC |
| D & M ARCHITECTURAL METALS INC |
| DALTON FENCE LLC |
| DANNY'S CONSTRUCTION COMPANY INC |
| DEPASQUALE STEEL ERECTORS INC |
| DIVERSIFIED CONSTRUCTION SERVICES LLC |
| DOOR SERVICE INC |
| DOOR SYSTEMS ASSA ABLOY US INC |
| DORAL CORP |
| DUBURG IRON WORKS INC |
| DUPAGE OVERHEAD DOORS INC |
| ELEMENT IRON & RAIL INC |
| ELITE IRONWORKS INC |
| FEDERAL RENT -A- FENCE |
| FENCE PLUS INC |
| FLYNN FENCE & SUPPLY CO |
| GATEWAY GLAZING INC |
| GAUTHIER GLASS LLC |
| GLASSTEKT INC |
| GMSGLASS MANAGEMENT SERVICES |
| GONZALEZ IRON WORKS |
| GRAND STAGE CO INC |
| GREAT LAKES STEEL ERECTION INC |
| GUARDIAN CONSTRUCTION PRODUCTS INC |
| HARMON INC |
| HOSS STEEL SOLUTIONS |
| HOUSE OF DOORS INC |
| IG COMMERCIAL INC |
| ILLINI FACADE CORPORATION INC |
| ILLINOIS CONTRACT GLAZING INC |
| ILLINOIS STEEL BUILDINGS INC |
| IMPACT IRON LLC |
| IMPERIAL CONSTRUCTION ASSOC INC |
| INDEPENDENT MECHANICAL INDUSTRIES INC |
| INDUSTRIAL DOOR CO OF CHG |
| INDUSTRIAL FENCE INC |
| INDUSTRIAL MATERIAL SUPPLY |
| INNOVATIVE INSTALLATIONS AND MANAGEMENT LLC |
| INTERNATIONAL ENTRANCES INC |
| IRON PATRIOT FAB WORKS |
| IRONCLAD COMPANY LLC |
| IWEISS HOLDINGS LLC |
| JB ERECTORS INC |
| JGM ERECTORS |
| JOLIET STEEL & CONSTRUCTION INC |
| K & K IRON WORKS INC |
| KD JOHNSON INC |
| KLEAR VIEW LLC |
| KOLAR STEEL CONSTRUCTION INC |
| KUJO INC |
| L & M WELDING INC |
| LANE SUPPLY INC |
| LEAD SOUTH LLC |
| LEECO CONSTRUCTION INC |
| LEECO CONSULTANTS INC |
| LEGNA IRON WORKS INCLEGNA INSTALLERS |
| LOUIS HOFFMANN CO |
| M&M STEEL ERECTORS LLC |
| MAC INDUSTRIAL SERVICES |
| MBE ERECTORS |
| MBE FENCE INC |
| MECCOR INDUSTRIES LTD |
| MECHANICAL & INDUSTRIAL STEEL |
| MID AMERICA STEEL ERECTORS INC |
| MID-STATES GLASS & METAL |
| MIDWEST CANOPY SPECIALISTS LLC |
| MIDWEST FENCE CORP |
| MIDWEST FIELD SOLUTIONS |
| MIDWEST SKYLITE SYSTEMS |
| MJ ERECTORS INC |
| MORCOM CONSTRUCTION CO |
| MTH INDUSTRIES |
| NATIONAL SPORTS NETS LLC |
| NICKS METAL FABRICATING & SONS INC |
| NORTH CHICAGO IRON WORKS |
| NORTHERN CONTRACTING INC |
| NORTHERN ILLINOIS FENCE INC |
| OAK TREE FENCE SOLUTIONS INC |
| ORNOFF'S WELDING DBA OWS ENT INC |
| P & P ARTEC INC |
| PACIFIC FENCE INC |
| PAN-OCEANIC ENGINEERING CO INC |
| PATIO ENHANCEMENT GROUP INC |
| PENN SERVICES LLC |
| PERMASTEELISA NORTH AMERICA CORP |
| PFI COMMERCIAL LLC |
| PIERINI IRON WORKS INC |
| PIW GROUP LLC |
| PORTA-WELD INC |
| POWER FENCE INC |
| PRECISION ARCHITECTURAL GLASS & METAL |
| PREMIER STEEL SOLUTIONS INC |
| PRIME ARCHITECTURAL METAL & GLASS INC |
| PRIMERA IRON WORKS |
| PRO FENCE II INC |
| PROLINE FENCE |
| R & I ORNAMENTAL IRON INC |
| R & S ARCHITECTURAL |
| RAIL MASTERS |
| RB3 ENTERPRISES DBA LAND STAR STEEL |
| REFLECTION WINDOW COMPANY LLC |
| ROBERT T WELSH & ASSOCIATES |
| ROCKET FENCE |
| SCHMIDT STEEL INC |
| SECURITY DOOR INC |
| SEELE INC |
| SERVIN UNION FENCE LLC |
| SG METAL & GLASS INC |
| SKYLINE ORNAMENTAL LLC |
| SPECIALTY CONSTRUCTION LLC |
| STAIR ONE INC |
| STEP UP IRON INC |
| STOREY FASCIA LLC |
| TAYLOR ELECTRIC COMPANY |
| THE BARTECH GROUP |
| TOTAL PLATFORM TENNIS LLC |
| UNDERLAND ARCH SYSTEMS |
| UNITY FENCING COMPANY |
| VICTORY FENCE LLC |
| WEB PRODUCTION AND FABRICATORS INC |
| WESTERN ARCHITECTURAL IRON COMPANY |
| WILLIAM STEEL ERECTORS |
| YOUNG CONCRETE ENTERPRISES INC |
| ALLIANCE FENCE CORPORATION |
| CHRISTOPHER GLASS & ALUMINUM |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |