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Nonprofit · EIN 23-7099221

PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST

Tax-exempt · TROY, MI 48098

Financials

$30.2M$26.6M2023$32.5M$28.5M2024
Revenue Expenses · by fiscal year end
Financials of PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$32,507,359$28,468,586$4,038,773$93,480,879$22,580,990$70,899,889
December 31, 2023990$30,153,100$26,585,113$3,567,987$87,418,425$20,339,244$67,079,181
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$28,005,593
Investment income
$4,485,071
Net gain from sales of assets
$1,003,668
Other revenue
$16,695

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$26,773,005
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$66,371
Accounting fees
$26,428

Balance sheet and other

Total assets, start of year
$87,418,425
Total assets, end of year
$93,480,879
Total liabilities, end of year
$22,580,990
Net assets, end of year
$70,899,889
Publicly traded securities
$73,386,563
Gross receipts
$35,388,369
Employees
0
Volunteers
0
Year formed
1956
State of legal domicile
MO

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
SHAWN OSTERUNION TRUSTEE
Trustee or director, Officer
2$0
CARL FARRELLUNION TRUSTEE
Trustee or director, Officer
2$0
JOSEPH MUELLERUNION TRUSTEE
Trustee or director, Officer
2$0
DEANNA HELFERMANAGEMENT TRUSTEE
Trustee or director
2$0
MICHAEL SMITHMANAGEMENT TRUSTEE
Trustee or director
2$0
DONALD THOMASMANAGEMENT TRUSTEE
Trustee or director
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
SHAWN OSTERUNION TRUSTEE
Trustee or director, Officer
2$0
CARL FARRELLUNION TRUSTEE
Trustee or director, Officer
2$0
JOSEPH MUELLERUNION TRUSTEE
Trustee or director, Officer
2$0
WALTER BAZAN JRMANAGEMENT TRUSTEE
Trustee or director
2$0
MICHAEL SMITHMANAGEMENT TRUSTEE
Trustee or director
2$0
DONALD THOMASMANAGEMENT TRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
700 TOWER DR STE 300, TROY, MI 48098-2835
Principal officer (990 for 2024)
CARL FARRELL, 2501 59TH STREET, ST LOUIS, MO 63110
Signed the 990
CARL FARRELL, TRUSTEE
Phone
(314) 647-2453
Return prepared by
GRABEL SCHNIEDERS HOLLMAN & CO CPA

Mission

WELFARE BENEFITS TO PARTICIPANTS

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE WELFARE BENEFITS

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

IRS record

EIN
23-7099221
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1987
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$93,480,879
Income (IRS master file)
$35,388,369

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$32,507,359$28,468,586$93,480,879XML
990December 2023$30,153,100$26,585,113$87,418,425XML
990December 2022$26,555,954$23,338,829$79,926,274IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 23-7099221).

Questions about PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST

What is the EIN of PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST?
The employer identification number (EIN) of PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST is 23-7099221.
Is PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1987.
Are donations to PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST 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 PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST?
The 990 for the year ended December 31, 2024 names CARL FARRELL.
Who are the officers and directors of PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does PAINTERS DISTRICT COUNCIL 2 WELFARE TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $32,507,359, expenses of $28,468,586 and total assets of $93,480,879 at year end.

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