Nonprofit · EIN 36-6599036
IRON WORKS TRI-STATE WELFARE FUND
Tax-exempt · SCHAUMBURG, IL 60173
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $31,873,654 | $30,745,371 | $1,128,283 | $70,552,560 | $501,156 | $70,051,404 |
| December 31, 2024 | 990 | $31,630,018 | $33,024,449 | -$1,394,431 | $66,518,329 | $622,560 | $65,895,769 |
| December 31, 2023 | 990 | $27,766,746 | $28,451,884 | -$685,138 | $66,195,723 | $547,284 | $65,648,439 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $29,078,242
- Investment income
- $2,795,412
- Net gain from sales of assets
- $542,128
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $29,442,057
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $98,782
- Accounting fees
- $238,268
Balance sheet and other
- Total assets, start of year
- $66,518,329
- Total assets, end of year
- $70,552,560
- Total liabilities, end of year
- $501,156
- Net assets, end of year
- $70,051,404
- Publicly traded securities
- $57,260,624
- Gross receipts
- $44,760,430
- Employees
- 17
- Volunteers
- 0
- Year formed
- 1957
- State of legal domicile
- IL
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KEVIN HRAY | TRUSTEE Trustee or director | 2 | $0 | $178,066 | $143,588 |
| MARK RICHESON | TRUSTEE Trustee or director | 2 | $0 | $136,245 | $137,255 |
| PAUL ARAMBASICH | TRUSTEE Trustee or director | 2 | $0 | $127,375 | $115,520 |
| JASON EMERICK | TRUSTEE Trustee or director | 2 | $0 | $121,418 | $92,714 |
| MICHAEL OLVERA | TRUSTEE Trustee or director | 2 | $0 | $112,402 | $96,200 |
| CHUCK BLACK | TRUSTEE Trustee or director | 2 | $0 | $95,140 | $81,633 |
| DANIEL AUSSEM - PAST | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| CARLA JOCKISCH | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL TESTA | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DAVID ANSPAUGH | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL SLAGEL | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MITCH HARVEY | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| AMY MCNALLY- NEW | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KEVIN HRAY | TRUSTEE Trustee or director | 2 | $0 | $169,975 | $139,629 |
| MARK RICHESON | TRUSTEE Trustee or director | 2 | $0 | $132,842 | $133,290 |
| PAUL ARAMBASICH | TRUSTEE Trustee or director | 2 | $0 | $121,596 | $112,029 |
| JASON EMERICK | TRUSTEE Trustee or director | 2 | $0 | $112,810 | $93,558 |
| MICHAEL OLVERA | TRUSTEE Trustee or director | 2 | $0 | $108,260 | $89,337 |
| CHUCK BLACK | TRUSTEE Trustee or director | 2 | $0 | $85,622 | $77,237 |
| DANIEL AUSSEM | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| CARLA JOCKSICH | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| CODY GERDES - PAST | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| PJ FOLEY - PAST | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL TESTA | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DAVID ANSPAUGH | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL SLAGEL - NEW | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MITCH HARVEY - NEW | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KEVIN HRAY | TRUSTEE Trustee or director | 2 | $0 | $164,764 | $136,006 |
| MARK RICHESON | TRUSTEE Trustee or director | 2 | $0 | $126,478 | $104,836 |
| PAUL ARAMBASICH | TRUSTEE Trustee or director | 2 | $0 | $117,827 | $109,364 |
| JASON EMERICK | TRUSTEE Trustee or director | 2 | $0 | $113,358 | $91,174 |
| CHUCK BLACK | TRUSTEE Trustee or director | 2 | $0 | $99,612 | $76,002 |
| MICHAEL OLVERA | TRUSTEE - NEW Trustee or director | 2 | $0 | $107,198 | $33,918 |
| BRIAN ATKINS | TRUSTEE - PAST Trustee or director | 2 | $0 | $93,271 | $35,519 |
| DANIEL AUSSEM | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| CARLA JOCKSICH | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| CODY GERDES | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| PJ FOLEY | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MICHAEL TESTA | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DAVID ANSPAUGH | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 20 N MARTINGALE RD STE 290, SCHAUMBURG, IL 60173-2413
- Principal officer (990 for 2025)
- KEVIN HRAY, 20 N MARTINGALE ROAD 290, SCHAUMBURG, IL 60173
- Signed the 990
- KEVIN HRAY, TRUSTEE
- Phone
- (847) 395-4467
- Website
- WWW.TRISTATEWELFAREFUND.COM
- Return prepared by
- LEGACY PROFESSIONALS LLP
Mission
TO PROVIDE HEALTH BENEFITS
Program accomplishments
- TO PROVIDE HEALTH & WELFARE BENEFITS, INCLUDING MEDICAL, DENTAL, VISION, DISABILITY, PRESCRIPTION DRUG AND DEATH BENEFIT COVERAGE FOR ELIGIBLE PARTICIPANTS 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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-6599036
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1955
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $70,552,560
- Income (IRS master file)
- $44,760,430
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $31,873,654 | $30,745,371 | $70,552,560 | XML |
| 990 | December 2024 | $31,630,018 | $33,024,449 | $66,518,329 | XML |
| 990 | December 2023 | $27,766,746 | $28,451,884 | $66,195,723 | XML |
| 990 | December 2022 | $27,715,920 | $29,547,063 | $64,508,681 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 36-6599036).
Questions about IRON WORKS TRI-STATE WELFARE FUND
- What is the EIN of IRON WORKS TRI-STATE WELFARE FUND?
- The employer identification number (EIN) of IRON WORKS TRI-STATE WELFARE FUND is 36-6599036.
- Is IRON WORKS TRI-STATE WELFARE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1955.
- Are donations to IRON WORKS TRI-STATE WELFARE FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does IRON WORKS TRI-STATE 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 IRON WORKS TRI-STATE WELFARE FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IRON WORKS TRI-STATE WELFARE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of IRON WORKS TRI-STATE WELFARE FUND?
- The 990 for the year ended December 31, 2025 names KEVIN HRAY.
- Who are the officers and directors of IRON WORKS TRI-STATE WELFARE FUND?
- The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does IRON WORKS TRI-STATE WELFARE FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $31,873,654, expenses of $30,745,371 and total assets of $70,552,560 at year end.
Other nonprofits in SCHAUMBURG
- INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION INC EIN 23-7067291 · last filed 990 for 2024
- AMERICAN VETERINARY MEDICAL ASSOCIATION EIN 36-0731170 · last filed 990 for 2024
- CONCEPT SCHOOLS INC EIN 03-0503751 · last filed 990 for 2025
- AMERICAN SOCIETY OF ANESTHESIOLOGISTS EIN 36-2181944 · last filed 990 for 2024
- EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO INC EIN 36-2815382 · last filed 990 for 2023
- EMERGENCY NURSES ASSOCIATION EIN 31-1703819 · last filed 990 for 2024
- CONGRESS OF NEUROLOGICAL SURGEONS INC UNIVERSITY OF MICHIGAN EIN 52-1660107 · last filed 990 for 2025
- THE BOLER FAMILY FOUNDATION EIN 36-6854134 · last filed 990-PF for 2025