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Nonprofit · EIN 51-0245220

CHICAGO PAINTERS AND DECORATORS WELFARE FUND

Tax-exempt · DARIEN, IL 60561

Financials

$55.3M$49.5M2022$59.9M$56.6M2023$62.4M$55.5M2024
Revenue Expenses · by fiscal year end
Financials of CHICAGO PAINTERS AND DECORATORS WELFARE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990$62,431,458$55,512,820$6,918,638$83,437,931$975,512$82,462,419
April 30, 2024990$59,898,965$56,582,726$3,316,239$74,288,309$980,168$73,308,141
April 30, 2023990$55,323,487$49,457,094$5,866,393$68,579,830$1,096,556$67,483,274
Financial details: 990 for the year ended April 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$59,642,098
Investment income
$2,787,660
Net gain from sales of assets
$842,969
Other revenue
$1,700

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$52,317,283
Compensation of officers, directors and key employees
$8,092
Other salaries and wages
$642,389
Salaries, compensation and benefits (total)
$1,223,949
Professional fundraising fees
$0
Legal fees
$779,406
Accounting fees
$135,532
Occupancy
$51,205
Depreciation
$42,168

Balance sheet and other

Total assets, start of year
$74,288,309
Total assets, end of year
$83,437,931
Total liabilities, end of year
$975,512
Net assets, end of year
$82,462,419
Publicly traded securities
$43,449,479
Gross receipts
$143,801,553
Employees
0
Volunteers
0
Year formed
1953
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 April 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOSEPH RINEHARTTRUSTEE
Trustee or director
2$0$258,664$105,878
HUGO MANZOTRUSTEE
Trustee or director
2$0$183,166$106,112
TODD OVERDORFTRUSTEE
Trustee or director
2$0$179,351$95,302
KEN KAZAITISTRUSTEE - ALTERNATE
Trustee or director
2$0$162,122$106,508
JILL HEGARTYOPERATIONS MANAGER
Highest-paid employee
6$0$191,250$71,249
PATRICIA SAENZCLAIMS MANAGER
Highest-paid employee
40$0$116,617$65,850
NATALIE GIERMANOPERATIONS COORDINATOR
Highest-paid employee
12$0$103,325$66,311
ANDREW PERCHADMINISTRATOR
Officer
9$0$49,178$0
MILES BEATTYTRUSTEE
Trustee or director
2$0$0$0
DEVIN CRONINTRUSTEE
Trustee or director
2$0$0$0
RAMON ARAMBULATRUSTEE - ALTERNATE
Trustee or director
2$0$0$0
SUSAN DRYNANTRUSTEE
Trustee or director
2$0$0$0
990 for the year ended April 30, 2024: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOSEPH RINEHARTTRUSTEE
Trustee or director
2$0$248,483$102,184
HUGO MANZOTRUSTEE
Trustee or director
2$0$173,051$102,325
TODD OVERDORFTRUSTEE
Trustee or director
2$0$171,935$91,788
KEN KAZAITISTRUSTEE - ALTERNATE
Trustee or director
2$0$148,272$86,316
ANDREW PERCHADMINISTRATOR - NEW
Officer
9$0$16,699$0
MILES BEATTYTRUSTEE
Trustee or director
2$0$0$0
DEVIN CRONINTRUSTEE
Trustee or director
2$0$0$0
RAMON ARAMBULATRUSTEE - ALTERNATE
Trustee or director
2$0$0$0
SUSAN DRYNANTRUSTEE
Trustee or director
2$0$0$0
990 for the year ended April 30, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOSEPH RINEHARTTRUSTEE
Trustee or director
2$0$236,546$97,011
TODD OVERDORFTRUSTEE
Trustee or director
2$0$163,662$87,335
HUGO MANZOTRUSTEE
Trustee or director
2$0$163,703$86,474
KEN KAZAITISTRUSTEE - ALTERNATE
Trustee or director
2$0$143,103$82,244
MILES BEATTYTRUSTEE
Trustee or director
2$0$0$0
DEVIN CRONINTRUSTEE
Trustee or director
2$0$0$0
RAMON ARAMBULATRUSTEE - ALTERNATE
Trustee or director
2$0$0$0
SUSAN DRYNANTRUSTEE
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
8205 CASS AVE STE 102, DARIEN, IL 60561-5319
In care of
% EDWARD OTSTOTT
Principal officer (990 for 2024)
JOSEPH RINEHART, 8205 S CASS AVENUE 102, DARIEN, IL 60561
Signed the 990
JOSEPH RINEHART, TRUSTEE
Phone
(630) 960-5572
Return prepared by
LEGACY PROFESSIONALS LLP

Mission

TO PROVIDE HOSPITALIZATION, MEDICAL, AND OTHER RELATED BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS.

990 for the year ended April 30, 2025

Program accomplishments

  • TO PROVIDE HOSPITALIZATION, MEDICAL AND OTHER RELATED BENEFITS TO ELIGIBLE MEMBERS AND THEIR 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 April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990 on file
2023April 30, 2024September 16, 2024990 on file

IRS record

EIN
51-0245220
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1955
Accounting year ends
April
Files
Form 990 or 990-EZ
Assets (IRS master file)
$83,437,931
Income (IRS master file)
$143,801,553

Filing history

FormYear endedRevenueExpensesAssetsReturn
990April 2025$62,431,458$55,512,820$83,437,931XML
990April 2024$59,898,965$56,582,726$74,288,309XML
990April 2023$55,323,487$49,457,094$68,579,830XML
990April 2022$51,185,585$54,433,085$62,366,129IRS
990April 2021–––IRS
990April 2020–––IRS
990April 2019–––IRS
990April 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 51-0245220).

Questions about CHICAGO PAINTERS AND DECORATORS WELFARE FUND

What is the EIN of CHICAGO PAINTERS AND DECORATORS WELFARE FUND?
The employer identification number (EIN) of CHICAGO PAINTERS AND DECORATORS WELFARE FUND is 51-0245220.
Is CHICAGO PAINTERS AND DECORATORS WELFARE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1955.
Are donations to CHICAGO PAINTERS AND DECORATORS WELFARE FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHICAGO PAINTERS AND DECORATORS 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 CHICAGO PAINTERS AND DECORATORS WELFARE FUND 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 CHICAGO PAINTERS AND DECORATORS WELFARE FUND 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 CHICAGO PAINTERS AND DECORATORS WELFARE FUND?
The 990 for the year ended April 30, 2025 names JOSEPH RINEHART.
Who are the officers and directors of CHICAGO PAINTERS AND DECORATORS WELFARE FUND?
The 990 for the year ended April 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does CHICAGO PAINTERS AND DECORATORS WELFARE FUND have?
On its 990 for the year ended April 30, 2025 it reported revenue of $62,431,458, expenses of $55,512,820 and total assets of $83,437,931 at year end.

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