Nonprofit · EIN 52-6038507
ELECTRICAL WELFARE TRUST FUND
Tax-exempt · LANHAM, MD 20706
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $195,649,514 | $173,628,539 | $22,020,975 | $300,421,776 | $3,104,349 | $297,317,427 |
| December 31, 2023 | 990 | $165,022,235 | $156,498,399 | $8,523,836 | $282,005,725 | $2,532,755 | $279,472,970 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $180,684,731
- Investment income
- $14,914,402
- Net gain from sales of assets
- $4,184,450
- Other revenue
- $50,381
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $169,517,337
- Compensation of officers, directors and key employees
- $263,337
- Other salaries and wages
- $1,986,520
- Salaries, compensation and benefits (total)
- $3,201,957
- Professional fundraising fees
- $0
- Legal fees
- $633,681
- Accounting fees
- $82,700
- Occupancy
- $148,014
- Depreciation
- $71,079
- Program services (functional)
- $169,517,337
- Management and general (functional)
- $4,111,202
Balance sheet and other
- Total assets, start of year
- $282,005,725
- Total assets, end of year
- $300,421,776
- Total liabilities, end of year
- $3,104,349
- Net assets, end of year
- $297,317,427
- Land, buildings and equipment
- $49,243
- Publicly traded securities
- $249,701,970
- Gross receipts
- $323,138,712
- Employees
- 23
- Year formed
- 1949
- State of legal domicile
- MD
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH DABBS | TRUSTEE Trustee or director | 0.3 | $0 | $228,452 | $47,167 |
| MICHAEL MCCARRON | FUND Administrator Officer | 40 | $223,503 | $0 | $39,834 |
| THOMAS MYERS | TRUSTEE Trustee or director | 0.3 | $0 | $200,401 | $46,326 |
| Richard Murphy | Trustee Trustee or director | 0.3 | $0 | $184,897 | $45,861 |
| CRYSTAL MILLIGAN | HEALTH & WELFARE DEPT MANAGER Highest-paid employee | 40 | $176,887 | $0 | $39,834 |
| ROBIN BALINT | Retirement/Admin Dept Manager Highest-paid employee | 40 | $156,084 | $0 | $39,834 |
| James Chambers | IT SPECIALIST Highest-paid employee | 40 | $118,913 | $0 | $43,350 |
| Dawn Oakes | HEALTH & WELFARE SPECIALIST Highest-paid employee | 40 | $117,372 | $0 | $39,002 |
| MICHELLE COAKLEY | TEAM LEADER ACOUNTING Highest-paid employee | 40 | $109,884 | $0 | $39,027 |
| BRIAN MOOREFIELD | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| David Singleton | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| FRANCIS DIGUISEPPE | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH DABBS | TRUSTEE Trustee or director | 0.3 | $0 | $224,346 | $45,810 |
| MICHAEL MCCARRON | FUND Administrator Officer | 40 | $216,964 | $0 | $38,962 |
| THOMAS MYERS | TRUSTEE Trustee or director | 0.3 | $0 | $194,611 | $44,918 |
| Richard Murphy | Trustee Trustee or director | 0.3 | $0 | $175,777 | $44,353 |
| CRYSTAL MILLIGAN | CLAIMS DEPT MANAGER Highest-paid employee | 40 | $171,644 | $0 | $38,962 |
| ROBIN BALINT | Retirement/Admin Dept Manager Highest-paid employee | 40 | $151,414 | $0 | $38,962 |
| SHARON RIVETT | Claims Processor Highest-paid employee | 40 | $118,822 | $0 | $42,555 |
| Dawn Oakes | Claims Processor Highest-paid employee | 40 | $118,201 | $0 | $41,954 |
| James Chambers | IT SPECIALIST Highest-paid employee | 40 | $113,596 | $0 | $42,196 |
| BRIAN MOOREFIELD | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| David Singleton | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| Paul Mella | Trustee Trustee or director | 0.3 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1003 DEREKWOOD LANE SUITE 130, LANHAM, MD 20706-0000
- In care of
- % FUND MANAGER
- Principal officer (990 for 2024)
- RICHARD MURPHY, 10003 DEREKWOOD LANE 130, LANHAM, MD 20706
- Signed the 990
- RICHARD MURPHY, TRUSTEE
- Phone
- (301) 731-1050
- Website
- WWW.EWTF.ORG
- Return prepared by
- SARFINO AND RHOADES LLP
Mission
TO PROVIDE ACCIDENT, HOSPITAL, MEDICAL, SURGICAL, DENTAL, PRESCRIPTION, VISION, DISABILITY, EMPLOYEE ASSISTANCE, AND DEATH BENEFITS FOR ELIGIBLE PARTICIPANTS AS AGREED UPON BY THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION - WASHINGTON, DC CHAPTER AND INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION NO. 26.
Program accomplishments
- HEALTH AND WELFARE BENEFITS FOR PARTICIPANTS AND THEIR DEPENDENTS.Expenses $169,517,337
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-6038507
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1961
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $300,421,776
- Income (IRS master file)
- $323,138,712
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $195,649,514 | $173,628,539 | $300,421,776 | XML |
| 990 | December 2023 | $165,022,235 | $156,498,399 | $282,005,725 | XML |
| 990 | December 2022 | $163,909,999 | $134,212,146 | $265,625,786 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 52-6038507).
Questions about ELECTRICAL WELFARE TRUST FUND
- What is the EIN of ELECTRICAL WELFARE TRUST FUND?
- The employer identification number (EIN) of ELECTRICAL WELFARE TRUST FUND is 52-6038507.
- Is ELECTRICAL WELFARE TRUST FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1961.
- Are donations to ELECTRICAL WELFARE TRUST FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ELECTRICAL WELFARE TRUST 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 ELECTRICAL WELFARE TRUST 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 ELECTRICAL WELFARE TRUST 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 ELECTRICAL WELFARE TRUST FUND?
- The 990 for the year ended December 31, 2024 names RICHARD MURPHY.
- Who are the officers and directors of ELECTRICAL WELFARE TRUST FUND?
- The 990 for the year ended December 31, 2024 lists 12 people; 6 received compensation from the organization.
- How much revenue does ELECTRICAL WELFARE TRUST FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $195,649,514, expenses of $173,628,539 and total assets of $300,421,776 at year end.
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