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Nonprofit · EIN 39-0855190

IRON WORKERS-8 WELFARE FUND

Tax-exempt · OAK BROOK, IL 60523

Financials

$18.8M$20.6M2022$21.2M$20.1M2023$23M$20.8M2024
Revenue Expenses · by fiscal year end
Financials of IRON WORKERS-8 WELFARE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$23,026,968$20,791,908$2,235,060$52,948,314$1,643,846$51,304,468
May 31, 2024990$21,162,693$20,119,636$1,043,057$51,246,387$2,862,754$48,383,633
May 31, 2023990$18,782,571$20,642,231-$1,859,660$47,199,363$2,468,210$44,731,153
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$20,022,451
Investment income
$2,970,659
Net gain from sales of assets
$1,758,949
Other revenue
$33,858

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$18,030,344
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$153,412
Accounting fees
$30,275

Balance sheet and other

Total assets, start of year
$51,246,387
Total assets, end of year
$52,948,314
Total liabilities, end of year
$1,643,846
Net assets, end of year
$51,304,468
Publicly traded securities
$33,476,911
Gross receipts
$25,129,674
Employees
48
Volunteers
8
Year formed
1952
State of legal domicile
WI

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHARLIE FALKNERSECRETARY/TREASURER
Trustee or director, Officer
0.25$0$126,440$109,065
TIM ROMANTRUSTEE
Trustee or director
1$0$112,603$97,920
BRIAN MCCAMBRIDGETRUSTEE
Trustee or director
1$0$112,603$97,920
JOHN RAUCHTRUSTEE
Trustee or director
0.25$0$10,484$7,030
MIKE HENKECHAIRMAN
Trustee or director, Officer
0.25$0$0$0
MARC LAURETTRUSTEE
Trustee or director
0.25$0$0$0
PETE KLOSTERMANTRUSTEE
Trustee or director
0.25$0$0$0
MATT MARCELLISTRUSTEE
Trustee or director
0.25$0$0$0
990 for the year ended May 31, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHARLIE FALKNERSECRETARY/TREASURER
Trustee or director, Officer
0.25$0$121,616$97,093
BRIAN MCCAMBRIDGETRUSTEE
Trustee or director
1$0$108,563$91,579
TIM ROMANTRUSTEE
Trustee or director
1$0$108,338$91,579
JOHN RAUCHTRUSTEE
Trustee or director
0.25$0$7,593$3,718
MIKE HENKECHAIRMAN
Trustee or director, Officer
0.25$0$0$0
MARC LAURETTRUSTEE
Trustee or director
0.25$0$0$0
PETE KLOSTERMANTRUSTEE
Trustee or director
0.25$0$0$0
MATT MARCELLISTRUSTEE
Trustee or director
0.25$0$0$0
990 for the year ended May 31, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ANTHONY MAYRHOFER THRU 0314SECRETARY/TREASURER
Trustee or director, Officer
1$0$119,223$104,807
TIM ROMANTRUSTEE
Trustee or director
1$0$105,678$94,082
BRIAN MCCAMBRIDGETRUSTEE
Trustee or director
1$0$105,048$94,082
CHARLIE FALKNER FROM 0314SECRETARY/TREASURER
Trustee or director, Officer
1$0$6,930$0
JOHN RAUCH FROM 0314TRUSTEE
Trustee or director
0.25$0$3,262$1,695
MIKE HENKECHAIRMAN
Trustee or director, Officer
0.25$0$0$0
BRAD CYGANEK THRU 0314TRUSTEE
Trustee or director
0.25$0$0$0
MARC LAURETTRUSTEE
Trustee or director
0.25$0$0$0
PETE KLOSTERMANTRUSTEE
Trustee or director
0.25$0$0$0
JOHN NESSE THRU 0628TRUSTEE
Trustee or director
0.25$0$0$0
MATT MARCELLIS FROM 0628TRUSTEE
Trustee or director
0.25$0$0$0

Address and contacts

Address (IRS master file)
625 ENTERPRISE DR, OAK BROOK, IL 60523-8813
Principal officer (990 for 2024)
CHARLIE FALKNER, 625 ENTERPRISE DRIVE, OAK BROOK, IL 60523
Signed the 990
CHARLIE FALKNER, SECRETARY/TREASURER
Phone
(800) 272-4248
Return prepared by
SIKICH LLC

Mission

TO PROVIDE ACCIDENT, HEALTH, DENTAL, VISION, LOSS OF TIME, PRESCRIPTION DRUG, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS, SPOUSES AND DEPENDENTS.

990 for the year ended May 31, 2025

Program accomplishments

  • TO PROVIDE ACCIDENT, HEALTH, DENTAL, VISION, LOSS OF TIME, PRESCRIPTION DRUG, AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS, SPOUSES AND DEPENDENTS.

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 yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
39-0855190
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1958
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$52,948,314
Income (IRS master file)
$25,129,674

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$23,026,968$20,791,908$52,948,314XML
990May 2024$21,162,693$20,119,636$51,246,387XML
990May 2023$18,782,571$20,642,231$47,199,363XML
990May 2022$20,356,185$16,239,801$49,277,727IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 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 39-0855190).

Questions about IRON WORKERS-8 WELFARE FUND

What is the EIN of IRON WORKERS-8 WELFARE FUND?
The employer identification number (EIN) of IRON WORKERS-8 WELFARE FUND is 39-0855190.
Is IRON WORKERS-8 WELFARE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1958.
Are donations to IRON WORKERS-8 WELFARE FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does IRON WORKERS-8 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 WORKERS-8 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 IRON WORKERS-8 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 IRON WORKERS-8 WELFARE FUND?
The 990 for the year ended May 31, 2025 names CHARLIE FALKNER.
Who are the officers and directors of IRON WORKERS-8 WELFARE FUND?
The 990 for the year ended May 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does IRON WORKERS-8 WELFARE FUND have?
On its 990 for the year ended May 31, 2025 it reported revenue of $23,026,968, expenses of $20,791,908 and total assets of $52,948,314 at year end.

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