Nonprofit · EIN 23-7004205
HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125
Tax-exempt · CEDAR RAPIDS, IA 52404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $23,980,148 | $18,035,101 | $5,945,047 | $53,316,570 | $113,040 | $53,203,530 |
| April 30, 2024 | 990 | $22,508,158 | $16,199,747 | $6,308,411 | $46,343,486 | $156,548 | $46,186,938 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $20,966,237
- Investment income
- $3,013,911
- Net gain from sales of assets
- $587,106
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $16,800,128
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $159,612
- Accounting fees
- $87,687
Balance sheet and other
- Total assets, start of year
- $46,343,486
- Total assets, end of year
- $53,316,570
- Total liabilities, end of year
- $113,040
- Net assets, end of year
- $53,203,530
- Publicly traded securities
- $48,395,315
- Gross receipts
- $31,742,994
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1967
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL SADLER II | CHAIRMAN Trustee or director, Officer | 1 | $0 | $111,614 | $38,566 |
| RUSS BECKMAN | MANAGEMENT ALTERNATE Trustee or director | 1 | $0 | $0 | $0 |
| DUSTIN ASHMORE | LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MIKE SMITH | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SCOT STOLTENBERG | MANAGEMENT ALTERNATE Trustee or director | 1 | $0 | $0 | $0 |
| TAMMY MUSSER | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| WENDY BESLER | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOE LATTA | LABOR ALTERNATE Trustee or director | 1 | $0 | $0 | $0 |
| BRET BRECKE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BILL HUDSON | LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MATT KRANZLER | LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LARRY HUSEMANN | LABOR ALTERNATE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended April 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL SADLER II | CHAIRMAN Trustee or director, Officer | 1 | $0 | $109,444 | $37,268 |
| BRUCE BECKMAN | LABOR TRUSTEE Trustee or director | 1 | $0 | $100,849 | $34,938 |
| DUSTIN ASHMORE | LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MIKE MACHULA | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SCOT STOLTENBERG | MANAGEMENT ALTERNATE Trustee or director | 1 | $0 | $0 | $0 |
| TAMMY MUSSER | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| KEN BURNS | MANAGEMENT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MIKE SMITH | MANAGMENT ALTERNATE Trustee or director | 1 | $0 | $0 | $0 |
| BRET BRECKE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BILL HUDSON | LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MATT KRANZLER | LABOR ALTERNATIVE Trustee or director | 1 | $0 | $0 | $0 |
| LARRY HUSEMANN | LABOR ALTERNATIVE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5001 J STREET SW SUITE 100, CEDAR RAPIDS, IA 52404-4921
- Principal officer (990 for 2024)
- MIKE SADLER II, 5001 J STREET SW SUITE 100, CEDAR RAPIDS, IA 52404
- Signed the 990
- MIKE SADLER II, CHAIRMAN OF THE BOARD
- Phone
- (319) 362-7977
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
PROVIDE HEALTH & WELFARE BENEFITS TO MEMBERS
Program accomplishments
- TO PROVIDE HEALTH & WELFARE BENEFITS FOR APPROXIMATELY 1,013 MEMBERS AND THEIR BENEFICIARIES.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 23-7004205
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $53,316,570
- Income (IRS master file)
- $31,742,994
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $23,980,148 | $18,035,101 | $53,316,570 | XML |
| 990 | April 2024 | $22,508,158 | $16,199,747 | $46,343,486 | XML |
| 990 | April 2023 | $21,387,534 | $13,268,081 | $38,620,141 | IRS |
| 990 | April 2022 | – | – | – | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
| 990 | April 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7004205).
Questions about HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125
- What is the EIN of HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125?
- The employer identification number (EIN) of HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125 is 23-7004205.
- Is HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1969.
- Are donations to HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125 tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125 file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125 due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125 last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125?
- The 990 for the year ended April 30, 2025 names MIKE SADLER II.
- Who are the officers and directors of HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125?
- The 990 for the year ended April 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does HEALTH & WELFARE FUND OF CEDAR RAPIDS IOWA V A LOCAL 125 have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $23,980,148, expenses of $18,035,101 and total assets of $53,316,570 at year end.
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