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Nonprofit · EIN 51-6174595

PLUMBERS & PIPEFITTERS LOCAL UNION 74 WELFARE FUND

Tax-exempt · PITTSBURGH, PA 15222

Financials

$13.6M$14.2M2023$14.5M$12.8M2024
Revenue Expenses · by fiscal year end
Financials of PLUMBERS & PIPEFITTERS LOCAL UNION 74 WELFARE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$14,538,093$12,835,708$1,702,385$23,175,333$358,739$22,816,594
December 31, 2023990$13,583,149$14,235,879-$652,730$20,893,059$182,640$20,710,419
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$13,549,845
Investment income
$988,248
Net gain from sales of assets
$263,536
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$12,085,207
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$58,325
Accounting fees
$39,541
Program services (functional)
$12,835,708

Balance sheet and other

Total assets, start of year
$20,893,059
Total assets, end of year
$23,175,333
Total liabilities, end of year
$358,739
Net assets, end of year
$22,816,594
Publicly traded securities
$19,787,602
Gross receipts
$26,739,512
Employees
0
Year formed
1990
State of legal domicile
DE

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
TERRENCE SHANNONTRUSTEE
Trustee or director
2$0
MICHAEL S PEETTRUSTEE
Trustee or director
2$0
CHARLES EGANTRUSTEE
Trustee or director
2$0
JEFFREY A SILLTRUSTEE
Trustee or director
2$0
CHRISTOPHER MUNTZTRUSTEE
Trustee or director
2$0
ANTHONY PAPILITRUSTEE
Trustee or director
2$0
KYLE SPENCETRUSTEE
Trustee or director
2$0
ROBERT TESTA JRTRUSTEE
Trustee or director
2$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MICHAEL B HACKENDORNTRUSTEE
Trustee or director
2$0
ANTHONY PAPILITRUSTEE
Trustee or director
2$0
MICHAEL S PEETTRUSTEE
Trustee or director
2$0
KYLE SPENCETRUSTEE
Trustee or director
2$0
JEFFREY A SILLTRUSTEE
Trustee or director
2$0
CHRISTOPHER MUNTZTRUSTEE
Trustee or director
2$0
CHARLES EGANTRUSTEE
Trustee or director
2$0
TERRENCE SHANNONTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
2 GTWY CTR 603 STANWIX STE 1500, PITTSBURGH, PA 15222-0000
Principal officer (990 for 2024)
TERRENCE SHANNON, 501 CARR ROAD SUITE 220, WILMINGTON, DE 19809
Signed the 990
TERRENCE SHANNON, TRUSTEE
Phone
(302) 762-2008
Return prepared by
WHISMAN GIORDANO & ASSOCIATES LLC

Mission

TRUST PROVIDES THE FOLLOWING BENEFITS: HEALTH CARE, DENTAL, DISABILITY, AND PRESCRIPTION TO PLAN PARTICIPANTS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROGRAM IS MAINTAINED FOR THE PURPOSE OF PROVIDING FOR THE PARTICIPANTS OR THEIR BENEFICIARIES HEALTH CARE. APPROXIMATE NUMBER OF PERSONS COVERED AS OF THE END OF THE PLAN YEAR IS 962.

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
51-6174595
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Exempt since
1958
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,175,333
Income (IRS master file)
$26,739,512

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$14,538,093$12,835,708$23,175,333XML
990December 2023$13,583,149$14,235,879$20,893,059XML
990December 2022$10,945,789$11,636,880$19,962,353IRS
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 51-6174595).

Questions about PLUMBERS & PIPEFITTERS LOCAL UNION 74 WELFARE FUND

What is the EIN of PLUMBERS & PIPEFITTERS LOCAL UNION 74 WELFARE FUND?
The employer identification number (EIN) of PLUMBERS & PIPEFITTERS LOCAL UNION 74 WELFARE FUND is 51-6174595.
Is PLUMBERS & PIPEFITTERS LOCAL UNION 74 WELFARE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1958.
Which annual return does PLUMBERS & PIPEFITTERS LOCAL UNION 74 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 PLUMBERS & PIPEFITTERS LOCAL UNION 74 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 PLUMBERS & PIPEFITTERS LOCAL UNION 74 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 PLUMBERS & PIPEFITTERS LOCAL UNION 74 WELFARE FUND?
The 990 for the year ended December 31, 2024 names TERRENCE SHANNON.
Who are the officers and directors of PLUMBERS & PIPEFITTERS LOCAL UNION 74 WELFARE FUND?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does PLUMBERS & PIPEFITTERS LOCAL UNION 74 WELFARE FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $14,538,093, expenses of $12,835,708 and total assets of $23,175,333 at year end.

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