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Nonprofit · EIN 36-6076696

HEALTH & WELFARE TRUST

Also known as 743 LOCAL

Tax-exempt · SCHAUMBURG, IL 60173

Financials

$7.5M$7.8M2023$7.1M$8M2024
Revenue Expenses · by fiscal year end
Financials of HEALTH & WELFARE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2025990$7,067,540$7,997,436-$929,896$5,649,650$36,706$5,612,944
February 29, 2024990$7,481,302$7,806,452-$325,150$6,190,104$30,462$6,159,642
Financial details: 990 for the year ended February 28, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$6,904,044
Investment income
$163,496
Net gain from sales of assets
$37,508
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$7,775,572
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$16,579
Accounting fees
$35,860

Balance sheet and other

Total assets, start of year
$6,190,104
Total assets, end of year
$5,649,650
Total liabilities, end of year
$36,706
Net assets, end of year
$5,612,944
Publicly traded securities
$5,049,380
Gross receipts
$8,770,883
Employees
29
Volunteers
0
Year formed
1955
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 February 28, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DEBRA SIMMONSTRUSTEE
Officer
2.5$0$245,866$87,029
JAMES THOMASALTERNATE TRUSTEE
Officer
2.5$0$197,156$89,636
JOSE SILVATRUSTEE
Officer
2.5$0$166,576$79,911
JAY SANDLERTRUSTEE
Officer
2.5$0$0$0
DAVID KOZINTRUSTEE
Officer
2.5$0$0$0
990 for the year ended February 29, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DEBRA SIMMONS-PETERSONTRUSTEE
Officer
2.5$0$227,082$61,617
JAMES THOMASALTERNATE TRUSTEE
Officer
2.5$0$186,199$63,380
JOSE SILVATRUSTEE
Officer
2.5$0$155,371$60,208
JAY SANDLERTRUSTEE
Officer
2.5$0$0$0
DAVID KOZINTRUSTEE
Officer
2.5$0$0$0

Address and contacts

Address (IRS master file)
20 N MARTINGALE RD STE 290, SCHAUMBURG, IL 60173-2413
Principal officer (990 for 2024)
DEBRA SIMMONS-PETERSON, 20 N MARTINGALE ROAD, SCHAUMBURG, IL 60173
Signed the 990
DEBRA SIMMONS-PETERSON, TRUSTEE
Phone
(847) 519-1880
Return prepared by
CALIBRE CPA GROUP PLLC

Mission

PROVIDING HEALTH, DENTAL, PRESCRIPTION, AND DEATH BENEFITS FOR ELIGIBLE PARTICIPANTS WHO PERFORMED WORK UNDER THE COLLECTIVE BARGAINING AGREEMENT WITH THE LOCAL UNION.

990 for the year ended February 28, 2025

Program accomplishments

  • PROVIDE HEALTH, DENTAL, PRESCRIPTION, AND DEATH 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 February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026Not on file
2024February 28, 2025July 15, 2025990 on file
2023February 29, 2024July 15, 2024990 on file

IRS record

EIN
36-6076696
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1956
Accounting year ends
February
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,649,650
Income (IRS master file)
$8,770,883

Filing history

FormYear endedRevenueExpensesAssetsReturn
990February 2025$7,067,540$7,997,436$5,649,650XML
990February 2024$7,481,302$7,806,452$6,190,104XML
990February 2023$7,412,192$7,160,680$5,950,570IRS
990February 2022–––IRS
990February 2021–––IRS
990February 2020–––IRS
990February 2019–––IRS
990February 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 36-6076696).

Questions about HEALTH & WELFARE TRUST

What is the EIN of HEALTH & WELFARE TRUST?
The employer identification number (EIN) of HEALTH & WELFARE TRUST is 36-6076696.
Is HEALTH & WELFARE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1956.
Are donations to HEALTH & WELFARE TRUST tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HEALTH & 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 HEALTH & WELFARE TRUST due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HEALTH & WELFARE TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended February 2025.
Who is the principal officer of HEALTH & WELFARE TRUST?
The 990 for the year ended February 28, 2025 names DEBRA SIMMONS-PETERSON.
Who are the officers and directors of HEALTH & WELFARE TRUST?
The 990 for the year ended February 28, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does HEALTH & WELFARE TRUST have?
On its 990 for the year ended February 28, 2025 it reported revenue of $7,067,540, expenses of $7,997,436 and total assets of $5,649,650 at year end.

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