Nonprofit · EIN 34-1286578
ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND
Tax-exempt · CANFIELD, OH 44406
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $4,220,837 | $3,600,555 | $620,282 | $7,434,275 | $4,084,204 | $3,350,071 |
| May 31, 2024 | 990 | $4,158,148 | $3,706,680 | $451,468 | $5,836,757 | $188,756 | $5,648,001 |
| May 31, 2023 | 990 | $4,160,546 | $3,257,903 | $902,643 | $5,177,250 | $296,981 | $4,880,269 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,088,411
- Investment income
- $125,572
- Net gain from sales of assets
- -$68,436
- Other revenue
- $6,854
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $3,439,613
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $13,825
- Accounting fees
- $31,366
Balance sheet and other
- Total assets, start of year
- $5,836,757
- Total assets, end of year
- $7,434,275
- Total liabilities, end of year
- $4,084,204
- Net assets, end of year
- $3,350,071
- Publicly traded securities
- $4,959,748
- Gross receipts
- $6,843,496
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1979
- State of legal domicile
- OH
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES GALLAGHER | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTOPHER SCARL | TRUSTEE Trustee or director | 1 | $0 |
| BRIAN SOMERVILLE | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS DAKE II | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS DAKE | TRUSTEE Trustee or director | 1 | $0 |
| GUS HOYAS | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended May 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS DAKE | TRUSTEE Trustee or director | 10 | $0 |
| BRIAN SOMERVILLE | TRUSTEE Trustee or director | 10 | $0 |
| JAMES GALLAGHER | TRUSTEE Trustee or director | 10 | $0 |
| THOMAS E DAKE II | CHAIRMAN Trustee or director, Officer | 10 | $0 |
| CHRISTOPHER SCARL | TRUSTEE Trustee or director | 10 | $0 |
| GUS HOYAS | TRUSTEE Trustee or director | 10 | $0 |
990 for the year ended May 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS DAKE | TRUSTEE Trustee or director | 10 | $0 |
| BRIAN SOMERVILLE | TRUSTEE Trustee or director | 10 | $0 |
| JAMES GALLAGHER | TRUSTEE Trustee or director | 10 | $0 |
| THOMAS E DAKE II | PRESIDENT Trustee or director, Officer | 10 | $0 |
| CHRISTOPHER SCARL | TRUSTEE Trustee or director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 3660 STUTZ DR STE 101, CANFIELD, OH 44406-8149
- Principal officer (990 for 2024)
- THOMAS DRAKE, 3660 STUTZ DRIVE, CANFIELD, OH 44406
- Signed the 990
- THOMAS DRAKE, TRUSTEE
- Phone
- (330) 270-0453
- Return prepared by
- Yurchyk & Davis CPA's Inc
Mission
A VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION FOR A COLLECTIVELY-BARGAINED PLAN THAT PROVIDES WELFARE BENEFITS FOR ITS MEMBERS.
Program accomplishments
- WELFARE PLAN OF COLLECTIVELY-BARGAINED EMPLOYER/EMPLOYEES AGREEMENT PROVIDING BENEFITS TO ITS MEMBERS IN THE AREAS OF HEALTH, DENTAL, AND LIFE INSURANCE.
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 34-1286578
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1979
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,434,275
- Income (IRS master file)
- $6,843,496
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $4,220,837 | $3,600,555 | $7,434,275 | XML |
| 990 | May 2024 | $4,158,148 | $3,706,680 | $5,836,757 | XML |
| 990 | May 2023 | $4,160,546 | $3,257,903 | $5,177,250 | XML |
| 990 | May 2022 | $3,392,692 | $2,906,105 | $4,514,215 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 34-1286578).
Questions about ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND
- What is the EIN of ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND?
- The employer identification number (EIN) of ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND is 34-1286578.
- Is ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1979.
- Are donations to ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND 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 ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND?
- The 990 for the year ended May 31, 2025 names THOMAS DRAKE.
- Who are the officers and directors of ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND?
- The 990 for the year ended May 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does ASBESTOS WORKERS LOCAL NO 3 HEALTH AND WELFARE FUND have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $4,220,837, expenses of $3,600,555 and total assets of $7,434,275 at year end.
Other nonprofits in CANFIELD
- SEATTLE AREA PLUMBING & PIPEFITTING EIN 91-0838639 · last filed 990 for 2025
- TEAMSTERS LOCAL 639 EMPLOYERS HEALTH TRUST EIN 53-0209136 · last filed 990 for 2024
- TRUCK DRIVERS AND HELPERS UNION NO 355 HEALTH AND WELFARE FUND EIN 52-0631160 · last filed 990 for 2024
- STEAMFITTERS LOCAL UNION 464 WELFARE FUND EIN 47-0587913 · last filed 990 for 2025
- OHIO CONFERENCE OF PLASTERERS & CEMENT MASONS HEALTH & WELFARE FUN EIN 31-6051539 · last filed 990 for 2025
- MAHONING AND TRUMBULL COUNTY BUILDING TRADES WELFARE TRUST FUND EIN 34-0746419 · last filed 990 for 2025
- CANTON ELECTRICAL WELFARE FUND EIN 34-6573626 · last filed 990 for 2025
- SOUTHERN OHIO PAINTERS HEALTH & WELFARE FUND EIN 31-1063422 · last filed 990 for 2024