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Nonprofit · EIN 36-2325442

CHICAGO TILE INSTITUTE WELFARE FUND

Tax-exempt · ELMHURST, IL 60126

Financials

$16.1M$14.4M2023$19M$14.4M2024
Revenue Expenses · by fiscal year end
Financials of CHICAGO TILE INSTITUTE WELFARE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$19,021,034$14,428,109$4,592,925$52,110,426$290,948$51,819,478
December 31, 2023990$16,064,734$14,384,538$1,680,196$48,032,632$124,122$47,908,510
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$14,332,835
Investment income
$4,289,179
Net gain from sales of assets
$3,156,237
Other revenue
$399,020

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$13,168,011
Compensation of officers, directors and key employees
$233,094
Other salaries and wages
$301,312
Salaries, compensation and benefits (total)
$731,593
Professional fundraising fees
$0
Legal fees
$59,537
Accounting fees
$78,136
Occupancy
$45,588
Depreciation
$11,620

Balance sheet and other

Total assets, start of year
$48,032,632
Total assets, end of year
$52,110,426
Total liabilities, end of year
$290,948
Net assets, end of year
$51,819,478
Land, buildings and equipment
$19,728
Publicly traded securities
$34,367,153
Gross receipts
$41,924,094
Employees
32
Volunteers
0
Year formed
1959
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL PETRITISCO-CHAIR
Trustee or director
1$0$159,379$100,940
ANN WYDRAPLAN ADMINISTRATOR
Officer
22$194,904$0$60,462
ANTHONY DEMMETRUSTEE
Trustee or director
1$0$143,146$100,085
WILLIAM MURRAYTRUSTEE
Trustee or director
1$0$142,766$98,493
DEAN GOTTSCHALKTRUSTEE
Trustee or director
1$0$126,279$95,782
EARL J TROSTRUD JRTRUSTEE-PAST
Trustee or director
1$0$0$0
MIKE ROBERSONTRUSTEE
Trustee or director
1$0$0$0
BRIAN CASTROCO-CHAIR
Trustee or director
1$0$0$0
GENEVIEVE TUCCITRUSTEE-PAST
Trustee or director
1$0$0$0
NANCY BOURBONTRUSTEE
Trustee or director
1$0$0$0
STEPHEN MENCONITRUSTEE
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL PETRITISSECRETARY
Trustee or director
1$0$156,076$97,168
ANN WYDRAPLAN ADMINISTRATOR
Officer
27$192,250$0$59,312
ANTHONY DEMMETRUSTEE
Trustee or director
1$0$140,163$94,480
WILLIAM MURRAYTRUSTEE
Trustee or director
1$0$139,909$94,729
DEAN GOTTSCHALKTRUSTEE
Trustee or director
1$0$123,561$92,078
EARL J TROSTRUD JRTRUSTEE
Trustee or director
1$0$0$0
MIKE ROBERSONTRUSTEE
Trustee or director
1$0$0$0
BRIAN CASTROCHAIRMAN
Trustee or director
1$0$0$0
GENEVIEVE TUCCITRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
660 N INDUSTRIAL DR NO 102, ELMHURST, IL 60126-1520
Principal officer (990 for 2024)
BRIAN CASTRO, 660 N INDUSTRIAL DRIVE 102, ELMHURST, IL 60126
Signed the 990
MICHAEL A PETRITIS, TRUSTEE
Phone
(630) 924-4990
Return prepared by
LEGACY PROFESSIONALS LLP

Mission

TO PROVIDE MEDICAL, PRESCRIPTION, AND DISABILITY BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PLAN PROVIDES MEDICAL, PRESCRIPTION, AND DISABILITY 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 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
36-2325442
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1964
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$52,110,426
Income (IRS master file)
$41,924,094

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$19,021,034$14,428,109$52,110,426XML
990December 2023$16,064,734$14,384,538$48,032,632XML
990December 2022$16,854,421$14,699,202$43,994,090IRS
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 36-2325442).

Questions about CHICAGO TILE INSTITUTE WELFARE FUND

What is the EIN of CHICAGO TILE INSTITUTE WELFARE FUND?
The employer identification number (EIN) of CHICAGO TILE INSTITUTE WELFARE FUND is 36-2325442.
Is CHICAGO TILE INSTITUTE WELFARE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1964.
Are donations to CHICAGO TILE INSTITUTE WELFARE FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHICAGO TILE INSTITUTE 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 TILE INSTITUTE WELFARE FUND 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 CHICAGO TILE INSTITUTE WELFARE FUND 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 CHICAGO TILE INSTITUTE WELFARE FUND?
The 990 for the year ended December 31, 2024 names BRIAN CASTRO.
Who are the officers and directors of CHICAGO TILE INSTITUTE WELFARE FUND?
The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization.
How much revenue does CHICAGO TILE INSTITUTE WELFARE FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $19,021,034, expenses of $14,428,109 and total assets of $52,110,426 at year end.

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