Nonprofit · EIN 52-6079218
ASBESTOS WORKERS LOCAL NO 42 WELFARE FUND
Tax-exempt · FLEMING ISLE, FL 32006
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,061,521 | $3,576,526 | -$515,005 | $2,206,084 | $82,187 | $2,123,897 |
| June 30, 2024 | 990 | $3,003,872 | $3,364,351 | -$360,479 | $3,097,217 | $504,501 | $2,592,716 |
| June 30, 2023 | 990 | $2,696,822 | $3,660,964 | -$964,142 | $3,601,528 | $661,114 | $2,940,414 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,943,093
- Investment income
- $100,098
- Net gain from sales of assets
- $25,879
- Other revenue
- $18,330
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $3,288,442
- Compensation of officers, directors and key employees
- $14,512
- Salaries, compensation and benefits (total)
- $14,512
- Professional fundraising fees
- $0
- Legal fees
- $20,020
- Accounting fees
- $22,264
- Program services (functional)
- $3,576,524
- Fundraising (functional)
- $2
Balance sheet and other
- Total assets, start of year
- $3,097,217
- Total assets, end of year
- $2,206,084
- Total liabilities, end of year
- $82,187
- Net assets, end of year
- $2,123,897
- Publicly traded securities
- $1,498,696
- Gross receipts
- $4,328,524
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1951
- State of legal domicile
- FL
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicholas Smith | Union Trustee Trustee or director | 1 | $0 |
| Eric Dudzinski | Employer Trustee Trustee or director | 1 | $0 |
| John Dillon | Employer Trustee Trustee or director | 1 | $0 |
| Philip S Mitchener | Union Trustee Trustee or director | 1 | $0 |
| John Kline | Employer Trustee Trustee or director | 1 | $0 |
| Preston Smith | Union Trustee Trustee or director | 1 | $0 |
| Joseph Ferrara | Union Trustee Trustee or director | 1 | $0 |
| Steven Castellarin | Employer Trustee Trustee or director | 1 | $0 |
| Nelson Gutierrez | Trustee (Alt.) Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicholas Smith | Union Trustee Trustee or director | 1 | $0 |
| Eric Dudzinski | Employer Trustee Trustee or director | 1 | $0 |
| John Dillon | Employer Trustee Trustee or director | 1 | $0 |
| Philip S Mitchener | Union Trustee Trustee or director | 1 | $0 |
| John Kline | Employer Trustee Trustee or director | 1 | $0 |
| Preston Smith | Union Trustee Trustee or director | 1 | $0 |
| Joseph Ferrara | Union Trustee Trustee or director | 1 | $0 |
| Steven Castellarin | Employer Trustee Trustee or director | 1 | $0 |
| Nelson Gutierrez | Trustee (Alt.) Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nicholas Smith | Union Trustee Trustee or director | 1 | $0 |
| Eric Dudzinski | Employer Trustee Trustee or director | 1 | $0 |
| John Dillon | Employer Trustee Trustee or director | 1 | $0 |
| Philip S Mitchener | Union Trustee Trustee or director | 1 | $0 |
| John Kline | Employer Trustee Trustee or director | 1 | $0 |
| Preston Smith | Union Trustee Trustee or director | 1 | $0 |
| Joseph Ferrara | Union Trustee Trustee or director | 1 | $0 |
| Steven Castellarin | Employer Trustee Trustee or director | 1 | $0 |
| Nelson Gutierrez | Trustee (Alt.) Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 10132, FLEMING ISLE, FL 32006-0040
- Principal officer (990 for 2024)
- PRESTON SMITH, 1188 RIVER ROAD, NEW CASTLE, DE 19720
- Signed the 990
- PRESTON SMITH, TRUSTEE
- Phone
- (904) 902-7174
- Return prepared by
- BACHELER & COMPANY PC
Mission
TO PROVIDE PARTICIPANTS AND THEIR DEPENDENTS WITH HEALTH, ACCIDENT, DISABILITY AND DEATH BENEFITS.
Program accomplishments
- TO PROVIDE PARTICIPANTS AND THEIR DEPENDENTS WITH HEALTH, ACCIDENT, DISABILITY, AND DEATH BENEFITS.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-6079218
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1968
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,206,084
- Income (IRS master file)
- $4,328,524
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,061,521 | $3,576,526 | $2,206,084 | IRS |
| 990 | June 2024 | $3,003,872 | $3,364,351 | $3,097,217 | IRS |
| 990 | June 2023 | $2,696,822 | $3,660,964 | $3,601,528 | XML |
| 990 | June 2022 | $2,576,578 | $3,256,165 | $4,864,672 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 52-6079218).
Questions about ASBESTOS WORKERS LOCAL NO 42 WELFARE FUND
- What is the EIN of ASBESTOS WORKERS LOCAL NO 42 WELFARE FUND?
- The employer identification number (EIN) of ASBESTOS WORKERS LOCAL NO 42 WELFARE FUND is 52-6079218.
- Is ASBESTOS WORKERS LOCAL NO 42 WELFARE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1968.
- Are donations to ASBESTOS WORKERS LOCAL NO 42 WELFARE FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASBESTOS WORKERS LOCAL NO 42 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 ASBESTOS WORKERS LOCAL NO 42 WELFARE FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASBESTOS WORKERS LOCAL NO 42 WELFARE FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ASBESTOS WORKERS LOCAL NO 42 WELFARE FUND?
- The 990 for the year ended June 30, 2025 names PRESTON SMITH.
- Who are the officers and directors of ASBESTOS WORKERS LOCAL NO 42 WELFARE FUND?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does ASBESTOS WORKERS LOCAL NO 42 WELFARE FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,061,521, expenses of $3,576,526 and total assets of $2,206,084 at year end.
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