Nonprofit · EIN 36-6411337
CEMENT MASONS LOCAL NO 502 SAVINGS FUND
Tax-exempt · BELLWOOD, IL 60104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $8,577,365 | $8,707,470 | -$130,105 | $8,959,813 | $0 | $8,959,813 |
| May 31, 2024 | 990 | $9,139,294 | $9,147,339 | -$8,045 | $9,089,918 | $0 | $9,089,918 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,168,011
- Investment income
- $370,561
- Other revenue
- $38,793
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $8,574,800
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $17,354
- Accounting fees
- $26,822
Balance sheet and other
- Total assets, start of year
- $9,089,918
- Total assets, end of year
- $8,959,813
- Total liabilities, end of year
- $0
- Net assets, end of year
- $8,959,813
- Gross receipts
- $8,577,365
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1968
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM BEEMAN | ADMINISTRATOR - PAST Officer | 0.2 | $0 | $156,651 | $93,649 |
| ANGELO FEOLA | ADMINISTRATOR - NEW Officer | 0.2 | $0 | $149,834 | $91,532 |
| CHARLIE PICARDI | ASSISTANT ADMINISTRATOR Highest-paid employee | 2.5 | $0 | $141,833 | $88,401 |
| COLLEEN LAKIS | CONTROLLER Highest-paid employee | 0.5 | $0 | $115,710 | $75,488 |
| COLLIN FARLEY | TRUSTEE (PAST) Trustee or director | 0.2 | $0 | $9,206 | $3,758 |
| KEVIN FARLEY | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| STEVE BAUMGARTNER | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE PICARDI JR | TRUSTEE (NEW) Trustee or director | 0.2 | $0 | $0 | $0 |
| BRIAN BARRY | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| MICHAEL SELVAGGI | TRUSTEE (NEW) Trustee or director | 0.2 | $0 | $0 | $0 |
| JOHN FARRELL | TRUSTEE (NEW) Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE PICARDI SR | TRUSTEE (PAST) Trustee or director | 0.2 | $0 | $0 | $0 |
| GARY LUNDSBERG | TRUSTEE (PAST) Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended May 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM BEEMAN | ADMINISTRATOR Officer | 0.2 | $0 | $151,812 | $89,620 |
| ANGELO FEOLA | ASSISTANT ADMINISTRATOR Highest-paid employee | 2.5 | $0 | $144,404 | $87,136 |
| CHARLIE PICARDI | COLLECTION COORDINATOR Highest-paid employee | 2.5 | $0 | $136,154 | $83,783 |
| COLLEEN LAKIS | CONTROLLER Highest-paid employee | 0.5 | $0 | $113,317 | $72,382 |
| COLLIN FARLEY | TRUSTEE - NEW Trustee or director | 0.2 | $0 | $2,842 | $0 |
| JOHN SANDERS | TRUSTEE - PAST Trustee or director | 0.2 | $0 | $398 | $0 |
| GARY LUNDSBERG | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| BRIAN BARRY | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE PICARDI SR | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| STEVE BAUMGARTNER | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| KEVIN FARLEY | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 739 25TH AVE, BELLWOOD, IL 60104-1954
- Principal officer (990 for 2024)
- KEVIN J FARLEY, 739 SOUTH 25TH AVENUE, BELLWOOD, IL 60104
- Signed the 990
- KEVIN J FARLEY, TRUSTEE
- Phone
- (708) 544-9105
- Return prepared by
- LEGACY PROFESSIONALS LLP
Mission
TO COLLECT PARTICIPANTS PAYROLL SAVINGS DEDUCTIONS AND DISTRIBUTE EACH PARTICIPANT'S ENTIRE ACCUMULATED AMOUNT ONCE PER YEAR.
Program accomplishments
- TO COLLECT PARTICIPANTS PAYROLL SAVINGS DEDUCTIONS AND DISTRIBUTE EACH PARTICIPANT'S ENTIRE ACCUMULATED AMOUNT ONCE PER YEAR.
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 36-6411337
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $8,959,813
- Income (IRS master file)
- $8,577,365
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $8,577,365 | $8,707,470 | $8,959,813 | XML |
| 990 | May 2024 | $9,139,294 | $9,147,339 | $9,089,918 | XML |
| 990 | May 2023 | $9,208,754 | $8,163,901 | $9,097,963 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | 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 36-6411337).
Questions about CEMENT MASONS LOCAL NO 502 SAVINGS FUND
- What is the EIN of CEMENT MASONS LOCAL NO 502 SAVINGS FUND?
- The employer identification number (EIN) of CEMENT MASONS LOCAL NO 502 SAVINGS FUND is 36-6411337.
- Is CEMENT MASONS LOCAL NO 502 SAVINGS FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9).
- Which annual return does CEMENT MASONS LOCAL NO 502 SAVINGS 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 CEMENT MASONS LOCAL NO 502 SAVINGS FUND due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CEMENT MASONS LOCAL NO 502 SAVINGS FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of CEMENT MASONS LOCAL NO 502 SAVINGS FUND?
- The 990 for the year ended May 31, 2025 names KEVIN J FARLEY.
- Who are the officers and directors of CEMENT MASONS LOCAL NO 502 SAVINGS FUND?
- The 990 for the year ended May 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does CEMENT MASONS LOCAL NO 502 SAVINGS FUND have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $8,577,365, expenses of $8,707,470 and total assets of $8,959,813 at year end.
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