Mission
THE WELFARE FUND USES EMPLOYER AND EMPLOYEE CONTRIBUTIONS TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS AND THEIR DEPENDENTS.
Public Charity
CEDAR RAPIDS ELECTRICAL WORKERS LOCAL #405 HEALTH AND WELFARE FUND
CEDAR RAPIDS ELECTRICAL WORKERS LOCAL #405 HEALTH AND WELFARE FUND is a nonprofit organization categorized as Public Charity based in CEDAR RAPIDS, IA. Its most recent IRS filing (2025) reports revenue of $21.0M, expenses of $14.0M, total assets of $36.5M.
EIN: 237091120
CEDAR RAPIDS, IA
Latest filing: 2025
Total Revenue$21.0M
Total Expenses$14.0M
Total Assets$36.5M
Grant Records0
Filing Years2021–2025
Officers & Directors
MANAGEMENT TRUSTEE
Bill Mcdermott
MANAGEMENT TRUSTEE
Ethan Domke
CHAIRPERSON
Jackson Barrigar
SECRETARY
Jeffrey Cooling
ALTERNATE UNION TRUSTEE
John Lane
UNION TRUSTEE
Josh Umstead
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $21.0M | $14.0M | $36.5M |
| 2024 | $15.5M | $11.6M | $27.7M |
| 2023 | $15.0M | $12.4M | $23.6M |
| 2022 | $13.3M | $11.9M | $19.5M |
| 2021 | $13.3M | $12.4M | $22.1M |
Between 2021 and 2025, reported annual revenue grew from $13.3M to $21.0M (+58%), with total assets most recently reported at $36.5M.
Interactive year-over-year charts and full filing details available with membership.