IRON WORKERS LOCAL 25 HEALTH CARE TR: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- IRON WORKERS LOCAL 25 HEALTH CARE TR (EIN 38-6216995)
- Tax period
- 2023-05-01 to 2024-04-30
- Filed
- 2025-03-14
- IRS object ID
- 202520739349300142
- 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 | 2025-03-14T15:31:37-05:00 | ReturnTs |
| Tax Period End | 2024-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331498605 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 386216995 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IRON WORKERS LOCAL 25 HEALTH CARE TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IRON | BusinessNameControlTxt |
| Phone | 2488139800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 TOWER DRIVE STE 300 | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48098 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL RANDICK | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 2488139800 | PhoneNum |
| Signature | 2025-03-14 | 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 | JESSICA TOADER | PreparerPersonNm |
| PTIN | P01464604 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2025-03-14 | PreparationDt |
| 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) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
| Principal Officer | MICHAEL RANDICK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 TOWER DRIVE STE 300 | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48098 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $91,719,361 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.IW25EMPLOYERINFO.ORG | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1950 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE HEALTH BENEFITS TO ELIGIBLE MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 6 | 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 | $33,532,075 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $37,745,456 | CYProgramServiceRevenueAmt |
| PY Investment Income | $240,892 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,968,935 | CYInvestmentIncomeAmt |
| PY Other Revenue | $267,566 | PYOtherRevenueAmt |
| CY Other Revenue | $448,549 | CYOtherRevenueAmt |
| PY Total Revenue | $34,040,533 | PYTotalRevenueAmt |
| CY Total Revenue | $40,162,940 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $31,656,054 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $32,842,706 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,136,463 | PYOtherExpensesAmt |
| CY Other Expenses | $3,732,747 | CYOtherExpensesAmt |
| PY Total Expenses | $34,792,517 | PYTotalExpensesAmt |
| CY Total Expenses | $36,575,453 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$751,984 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,587,487 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $44,240,847 | TotalAssetsBOYAmt |
| Total Assets EOY | $46,382,859 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $42,791,563 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $46,366,237 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,449,284 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,622 | NetAssetsOrFundBalancesEOYAmt |
| Mission | NONE | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE FUND PROVIDES HEALTH BENEFITS TO ELIGIBLE MEMBERS. APPROXIMATELY 2,339 MEMBERS ARE COVERED. | Desc |
| 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 | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | 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 | 0 | 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 | 8 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | 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 | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | 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 | PAULA JOHNSON FUND ADMINISTRATOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2488139800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 TOWER DRIVE STE 300 | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48098 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| MICHAEL RANDICK | |||||||
| CHAIRMAN | 0.50 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RICHARD SAWHILL | |||||||
| SECRETARY | 0.50 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHRIS VLK | |||||||
| MANAGEMENT TRUSTEE | 0.50 | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MARK KERNEY | |||||||
| MANAGEMENT TRUSTEE | 0.50 | 2.00 | Yes (X) | $0 | $0 | $0 | |
| WAYNE COFFELL | |||||||
| UNION TRUSTEE | 0.50 | 2.00 | Yes (X) | $0 | $0 | $0 | |
| DENNIS AGUIRRE II | |||||||
| UNION TRUSTEE | 0.50 | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD | |||||
| 600 E LAFAYETTE | DETROIT | MI | 48226 | CLAIMS PROCESSING | $1,514,264 |
| BENESYS INC | |||||
| 700 TOWER DRIVE STE 300 | TROY | MI | 48098 | ADMINISTRATIVE FEES | $319,130 |
| HORIZON ACTUARIAL SERVICES LLC | |||||
| PO BOX 117167 | ATLANTA | GA | 30368 | ACTUARIAL CONSULTING | $186,915 |
| LITTLER MENDELSON PC | |||||
| 200 RENAISSANCE CENTER 3110 | DETROIT | MI | 48243 | LEGAL SERVICES | $136,044 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYER CONTRIBUTIONS | 900099 | $34,259,584 | $34,259,584 |
| SELF-PAYMENTS | 900099 | $3,485,872 | $3,485,872 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $37,745,456 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $769,659 | TotalRevenueColumnAmt |
| Exclusion | $769,659 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $52,755,697 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $51,556,421 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,199,276 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,199,276 | TotalRevenueColumnAmt |
| Exclusion | $1,199,276 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS INCOME | 900099 | $166,563 | $166,563 |
| RECOVERY FROM PRIOR OVERPAYMENT | 900099 | $148,838 | $148,838 |
| SETTLEMENT REVENUE | 524298 | $61,003 | $61,003 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $72,145 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $72,145 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $448,549 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,162,940 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $38,194,005 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,968,935 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,842,706 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $287,133 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,411 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,956 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $467,868 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,157 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,812 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,189 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $740,108 | TotalAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| CLAIMS ADMIN FEE | $1,514,264 |
| ADMINISTRATIVE FEES | $319,130 |
| CONTRACTED SALARIES AND | $20,719 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,575,453 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,329 | BOYAmt |
| EOY | $1,602,650 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,158,036 | BOYAmt |
| EOY | $4,892,184 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,071,125 | BOYAmt |
| EOY | $7,459,050 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,202 | BOYAmt |
| EOY | $6,535 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,366,236 | BOYAmt |
| EOY | $32,100,071 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $367,919 | BOYAmt |
| EOY | $322,369 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,240,847 | BOYAmt |
| EOY | $46,382,859 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,110,563 | BOYAmt |
| EOY | $1,876,669 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,681,000 | BOYAmt |
| EOY | $44,489,568 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,791,563 | BOYAmt |
| EOY | $46,366,237 | 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 | $1,449,284 | BOYAmt |
| EOY | $16,622 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,449,284 | BOYAmt |
| EOY | $16,622 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,240,847 | BOYAmt |
| EOY | $46,382,859 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,587,487 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,211,581 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$3,808,568 | OtherChangesInNetAssetsAmt |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLAIMS RESERVE | Desc |
| Amt | $44,489,568 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $44,489,568 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $38,951,359 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,211,581 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$1,211,581 | RevenueNotReportedAmt |
| Revenue Subtotal | $40,162,940 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $40,162,940 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $36,575,453 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $36,575,453 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $36,575,453 | TotalExpensesPerForm990Amt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE TRUST AGREEMENT WAS AMENDED EFFECTIVE JANUARY 1, 2024 TO CHANGE THE NAME OF THE TRUST TO "IRON WORKERS LOCAL 25 HEALTH CARE TRUST" |
| FORM 990, PART VI, SECTION A, LINE 7A | THREE MEMBERS OF THE BOARD ARE APPOINTED BY BRIDGE STRUCTURAL & ORNAMENTAL IRON WORKERS LOCAL 25 AND THREE MEMBERS OF THE BOARD ARE APPOINTED BY GREAT LAKES FABRICATORS & ERECTORS ASSOCIATION. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS REVIEWED BY FUND ADMINISTRATOR AND FUND ATTORNEYS, AND IS THEN DISTRIBUTED TO THE FULL BOARD OF TRUSTEES BEFORE BEING FILED. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN THE RESERVE FOR UNPAID BENEFITS AND CLAIMS -3,808,568. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|
| IRON WORKERS LOCAL 25 VACATION PAY TRUST | |||||||||
| 700 TOWER DRIVE STE 300 | TROY | MI | 48098 | 386074498 | TO PROVIDE VACATION PAY BENEFITS TO ELIGIBLE MEMBERS | MI | 501(C)(9) | 0 | |
| IRON WORKERS LOCAL 25 TRAINING TRUST | |||||||||
| 700 TOWER DRIVE STE 300 | TROY | MI | 48098 | 386056778 | TO PROVIDE APPRENTICESHIP TRAINING TO ELIGIBLE MEMBERS | MI | 501(C)(3) | 0 | LINE 2 |
| BRIDGE STRUCTURAL & ORNAMENTAL IRON WORKERS LOCAL 25 | |||||||||
| 700 TOWER DRIVE STE 300 | TROY | MI | 48098 | 380679172 | TO PROMOTE A HIGHER LEVEL OF SKILL | MI | 501(C)(5) | 0 | |
| GREAT LAKES FABRICATORS & ERECTORS ASSOCIATION | |||||||||
| 28411 NORTHWESTERN HWY STE 825 | SOUTHFIELD | MI | 48034 | 381718287 | TO PROMOTE THE INDUSTRY OF FABRICATING, MANUFACTURING, & ERECTING STEEL | MI | 501(C)(6) | 0 | |
| IW LOCAL 25 SERVICE CORPORATION | |||||||||
| 700 TOWER DRIVE STE 300 | TROY | MI | 48098 | 871228160 | TO PROVIDE SERVICES TO RELATED TAFT HARTLEY BENEFIT PLANS | MI | 501(C)(5) | 0 | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (21 entries)
| ALLSTATES REFRACTORY CONT LLC |
| B & A STRUCTURAL STEEL LLC |
| BELLE RIVER INDUSTRIAL SERVICE |
| BNA CONSTRUCTORS USA JV |
| BOLDT COMPANY THE |
| CENTRAL INDUSTRIAL LLC |
| FERRO ERECTORS |
| FLATROCK BRIDGE GROUP |
| FOCO METAL WORKS LLC |
| FOUNDATION STEEL |
| GILBERT EXPOSITION MANAGEMENT |
| IDEAL CONTRACTING LLC |
| IFS SERVICES LLC |
| NITRO STEEL LLC |
| OAC LLC |
| PAULY JAIL BUILDING COMPANY |
| PCI ENERGY SERVICES LLC |
| STRUCTURAL TECHNOLOGIES LLC |
| WALSH CONSTRUCTION CO LLC |
| WEST WIND REINFORCING LLC |
| ZUPIN INDUSTRIAL LLC |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (134 entries)
| AFOF L- AGCBLDG TRADES |
| ACE STEEL ERECTION |
| ALLEN ARCHITECTURAL METALS |
| AMERICAN INDUSTRIAL DOOR CO |
| AMS STEEL LLC |
| ARISTEO CONSTRUCTION COMPANY |
| ASSEMBLERS PRECAST & STEEL SRV |
| ASSEMBLERS INC |
| AUSTIN COMPANY |
| AUTOMATIC SYSTEMS INC |
| B M W CONSTRUCTORS INC |
| BARNHART CRANE & RIGGING |
| BARTON MALOW COMPANY |
| BEE STEEL INC |
| BLACK SWAMP STEEL INC |
| BRENCAL CONTRACTORS INC |
| BRISTOL ERECTORS INC |
| C M F GROUP INC |
| CR MEYER AND SONS COMPANY |
| CAPITAL CITY GROUP INC |
| CENTRAL CONVEYOR COMPANY |
| CHAMPIONS SPECIALTY SERVICES |
| CITY RE-STEEL COMPANY INC |
| CITY STEEL INC |
| CLS CONSTRUCTION SERVICES INC |
| COMMERCIAL CONSTRUCTION INC |
| COMMERCIAL CONTRACTING CORP |
| CONVENTION & SHOW SERVICES INC |
| COUTURIER IRON CRAFT INC |
| CROWN CORR INC |
| CUSACK'S MASONRY RESTORATION |
| D & D MACHINERY MOVERS INC |
| DK STEEL ERECTORS INC |
| DAVIS IRON WORKS INC |
| DAY & ZIMMERMANN NPSINC |
| DEARBORN MID-WEST CONVEYOR |
| DOBSON FIELD SERVICES |
| DOBSON INDUSTRIAL INC |
| DON FRUCHEY INC |
| DOUGLAS STEEL ERECTION CO |
| DUKE & DUKE SERVICES INC |
| ENERFAB INC |
| ERICKSON TRUCKING SERVICE |
| FM SYLVAN INC |
| FOREST CITY ERECTORS INC |
| FORT WAYNE REINFORCING INC |
| FOSBEL INC |
| FREEMAN DECORATING COMPANY |
| FUTURE FENCE COMPANY |
| G & L CORPORATION |
| G E M INDUSTRIAL INC |
| GALLAGHER-KAISER CORPORATION |
| GENERAL STEEL ERECTORS INC |
| GENESEE FENCE & SUPPLY CO |
| GENESYS INDUSTRIAL CORPORATION |
| GERACE CONSTRUCTION COMPANY |
| GRANITE-KRAEMER JV |
| GRAYCOR INDUSTRIAL CONTRACTORS |
| GREAT LAKES STEEL ERECTORS INC |
| GURTZWEILER INC HENRY |
| HACKETT CONSTRUCTION CO |
| HARMON STEEL INC |
| HARMON INC |
| HARRIS STEEL INC |
| HOLLY CONSTRUCTION COMPANY |
| HOOSIER CRANE SERVICE CO |
| INDUSTRIAL FENCE & LANDSCAPING |
| INDUSTRIAL FIRST INC |
| INDUSTRIAL POWER SYSTEMS INC |
| INTERNATIONAL INDUSTRIAL |
| JUDD INDUSTRIAL CONTRINC |
| K V M DOOR SYSTEMS INC |
| KING ERECTORS INC |
| KIRBY STEEL INC |
| LAPEER STEEL INC |
| LEE MACHINERY MOVERS INC |
| LESCO DESIGN & MFG CO |
| LILJA CORP |
| LINCOLN MANUFACTURING INC |
| M T H INDUSTRIES |
| MACOMB IRON |
| MCGREGOR INDUSTRIES INC |
| MEN OF STEEL INC |
| METRO ELEVATOR CO INC |
| MICHIGAN FENCE COMPANY INC |
| MID AMERICAN GUNITE INC |
| MIDWEST STEEL INCSOMERSET |
| MILLER TRUCK & STORAGE |
| MONARCH WELDING & ENGINEERING |
| N B PROCESSING INC |
| NOBLE FENCE |
| NORRIS BROTHERS CO INC |
| OVERHEAD CONVEYOR COMPANY |
| PAPALAS & CO JOHN A |
| PERMASTEELISA NA CORP |
| PHOENIX MACHINERY MOVERS INC |
| PIQUA STEEL COMPANY |
| PIROS SIGNS INC |
| PREMIUM DOOR & MORE |
| PRO SERVICES INC |
| QUALITY RE-STEEL INC |
| QUALITY STEEL FABRICATING |
| RED CEDAR STEEL ERECTORS INC |
| REDINGER STEEL ERECTORS INC |
| REGER COMPANIES INC |
| REYNOLDS RIGGING & CRANE SRVC |
| RIECKHOFF COMPANY INC CL |
| S T B ERECTORS INC |
| SAV'S WELDING SERVICES INC |
| SCHWEITZER INC |
| SHEPARD EXPOSITION SERVICES |
| SHOULDICE INDUSTRIAL INC |
| SONGER STEEL SRVCINC (SSSI) |
| SPE INC |
| STERLING ERECTORS INC |
| STEWART CONTRACTING CORP WJ |
| STRESCORE INC |
| T H STEEL INC |
| TEACHOUT'S INDUSTRIAL CONTRACT |
| THE SCHAEFER GROUP INC |
| TITUS WELDING COMPANY |
| TRI-STEEL INC |
| UNION PAYROLL AGENCY INC |
| USA HOIST COMPANY INC |
| VERTEX STEEL INC |
| WALKER STEEL ERECTORS |
| WALTZ-HOLST BLOW PIPE COMPANY |
| WASHAW CONSTRUCTION INC |
| WESTON INDUSTRIAL SERVICE INC |
| WHALEY STEEL CORPORATION |
| WHITE CONSTRUCTION INC |
| WILLIAMS PLANT SERVICES |
| WOLVERINE STEEL ERECTORS INC |
| WOODRUFF CONTRACTING INC |
| 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 | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |