Nonprofit · EIN 57-0381219
WATERFRONT EMPLOYERS I L A WELFARE FUND
Tax-exempt · CHARLESTON, SC 29403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $19,709,829 | $18,245,399 | $1,464,430 | $13,549,533 | $1,262,968 | $12,286,565 |
| September 30, 2024 | 990 | $17,610,122 | $16,401,800 | $1,208,322 | $12,636,014 | $1,860,416 | $10,775,598 |
| September 30, 2023 | 990 | $17,929,450 | $17,792,507 | $136,943 | $11,892,617 | $2,625,524 | $9,267,093 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $19,194,622
- Investment income
- $444,337
- Net gain from sales of assets
- $114,828
- Other revenue
- $70,870
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $17,064,363
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $46,238
- Accounting fees
- $65,214
- Occupancy
- $95,771
- Depreciation
- $15,816
Balance sheet and other
- Total assets, start of year
- $12,636,014
- Total assets, end of year
- $13,549,533
- Total liabilities, end of year
- $1,262,968
- Net assets, end of year
- $12,286,565
- Land, buildings and equipment
- $263,247
- Publicly traded securities
- $8,764,715
- Gross receipts
- $24,297,530
- Employees
- 1,420
- Volunteers
- 0
- Year formed
- 1948
- State of legal domicile
- SC
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES BENNETT | PLAN ADMINISTRATOR Officer | 8 | $0 | $200,533 | $36,833 |
| DEBORAH SMALLS | PENSION COORDINATOR Officer | 8 | $0 | $133,306 | $36,833 |
| SUSAN BAKER | SENIOR ACCOUNTANT Highest-paid employee | 8 | $0 | $122,057 | $36,833 |
| NEAL EDGERTON | CO-CHAIRMAN/TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM J BEAN | CO-CHAIRMAN/TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH HAIGLER | MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MARK WEATHERFORD | MGMT TRUSTEE -THRU 9/2025 Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES BRAVE JR | LABOR TRUSTEE - THRU 1/2025 Trustee or director | 1 | $0 | $0 | $0 |
| KENNETH RILEY | LABOR TRUSTEE - EFF 1/2025 Trustee or director | 1 | $0 | $0 | $0 |
| SAM CLAXTON | ALT MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JEREMIAH PERRY JR | ALT LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JASON DOUGLAS | ALT MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BENJAMIN FLOWERS JR | ALT LABOR TRUSTEE - THRU 1/2025 Trustee or director | 1 | $0 | $0 | $0 |
| DERRICK HOLMES | ALT LABOR TRUSTEE - EFF 1/2025 Trustee or director | 1 | $0 | $0 | $0 |
| BILL YOUNG | ALT MGMT TRUSTEE THRU 7/2025 Trustee or director | 1 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WESLEY INFINGER | ALT MGMT TRUSTEE - EFF 7/2025 Trustee or director | 1 | $0 |
| JAMES HOLLIDAY | ALT LABOR TRUSTEE Trustee or director | 1 | $0 |
| LEONARD A BAILEY | LABOR TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES BENNETT | PLAN ADMINISTRATOR Officer | 8 | $0 | $194,602 | $36,438 |
| DEBORAH SMALLS | PENSION COORDINATOR Officer | 8 | $0 | $128,308 | $36,438 |
| SUSAN BAKER | SENIOR ACCOUNTANT Highest-paid employee | 8 | $0 | $114,786 | $36,438 |
| NEAL EDGERTON | CO-CHAIRMAN/TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM J BEAN | CO-CHAIRMAN/TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PAUL FERRI - THRU 1123 | MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH HAIGLER - EFF 1123 | MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MARK WEATHERFORD | MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES BRAVE JR | LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SAM CLAXTON | ALT MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JEREMIAH PERRY JR | ALT LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JASON DOUGLAS | ALT MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BILL YOUNG | ALT MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JAMES HOLLIDAY | ALT LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BENJAMIN FLOWERS JR | ALT LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LEONARD A BAILEY | LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES BENNETT | PLAN ADMINISTRATOR Officer | 8 | $0 | $191,006 | $35,550 |
| DEBORAH SMALLS | PENSION COORDINATOR Officer | 8 | $0 | $126,510 | $35,550 |
| SUSAN BAKER | SENIOR ACCOUNTANT Highest-paid employee | 8 | $0 | $109,559 | $35,550 |
| NEAL EDGERTON | CO-CHAIRMAN/TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM J BEAN | CO-CHAIRMAN/TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| PAUL FERRI | MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LEONARD A BAILEY | LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MARK WEATHERFORD | MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES BRAVE JR | LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SAM CLAXTON | ALT MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JEREMIAH PERRY JR | ALT LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JASON DOUGLAS | ALT MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BILL YOUNG | ALT MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BRAD ZIEGLER | ALT MGMT TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JAMES HOLLIDAY - EFF 123 | ALT LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| BENJAMIN FLOWERS JR | ALT LABOR TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 899 MORRISON DR, CHARLESTON, SC 29403-4206
- Signed the 990
- JAMES BENNETT, PLAN ADMINISTRATOR
- Phone
- (843) 723-5561
- Return prepared by
- SCHULTHEIS & PANETTIERI LLP
Mission
THE PURPOSE OF THE PLAN IS TO PROVIDE MEDICAL, PRESCRIPTION, DISABILITY AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.
Program accomplishments
- THE PURPOSE OF THE PLAN IS TO PROVIDE MEDICAL, PRESCRIPTION, DISABILITY AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS 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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 57-0381219
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1970
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $13,549,533
- Income (IRS master file)
- $24,297,530
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $19,709,829 | $18,245,399 | $13,549,533 | IRS |
| 990 | September 2024 | $17,610,122 | $16,401,800 | $12,636,014 | XML |
| 990 | September 2023 | $17,929,450 | $17,792,507 | $11,892,617 | XML |
| 990 | September 2022 | $20,623,344 | $20,982,992 | $11,837,753 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 57-0381219).
Questions about WATERFRONT EMPLOYERS I L A WELFARE FUND
- What is the EIN of WATERFRONT EMPLOYERS I L A WELFARE FUND?
- The employer identification number (EIN) of WATERFRONT EMPLOYERS I L A WELFARE FUND is 57-0381219.
- Is WATERFRONT EMPLOYERS I L A WELFARE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1970.
- Are donations to WATERFRONT EMPLOYERS I L A WELFARE FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WATERFRONT EMPLOYERS I L A 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 WATERFRONT EMPLOYERS I L A WELFARE FUND due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERFRONT EMPLOYERS I L A WELFARE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who are the officers and directors of WATERFRONT EMPLOYERS I L A WELFARE FUND?
- The 990 for the year ended September 30, 2025 lists 18 people; 0 received compensation from the organization.
- How much revenue does WATERFRONT EMPLOYERS I L A WELFARE FUND have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $19,709,829, expenses of $18,245,399 and total assets of $13,549,533 at year end.
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