NFP500

#498 of 500 · Member & Benefit Funds

Chicago District Council Of Carpenters Welfare Fund

EIN 36-2229735 · IL · NTEE n/a · Form 990, fiscal 2023

A Taft-Hartley multiemployer benefit fund (a 501(c)(9) voluntary employees' beneficiary association) based in Chicago, Illinois, and now administered under the Mid-America Carpenters Regional Council benefit funds. Funded by employer contributions under collective bargaining agreements, it provides health and welfare benefits, including medical, prescription drug, dental, vision, life and accidental death, and disability coverage, to eligible union carpenters and their dependents in the Chicago area, in accordance with the plan document and schedule of benefits.

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Financials, fiscal 2023

Revenue
$321.6M
Expenses
$328.3M
Total assets
$921.3M
Net assets
$873.3M
Operating margin
-2.1%
1-year growth
15.5%
5-year growth (CAGR)
1.2%
Reserve (years of spending)
31.9
Contributions share
n/a
Programme spending
93.5%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
67

NFP Health Score: 74 / 100

Financial 51 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$306.0M
2020$292.5M
2021$296.2M
2022$278.3M
2023$321.6M