Public Charity

IRON WORKERS LOCALS 549 & 550 MEDICAL & BENEFIT FUND

Based in ONA, WV, IRON WORKERS LOCALS 549 & 550 MEDICAL & BENEFIT FUND operates as a Public Charity. The organization reported $12.7M in revenue, $10.6M in expenses, $17.2M in total assets for fiscal year 2025.

EIN: 510168650 ONA, WV Fraternal Societies NTEE: Y40 Latest filing: 2025
Total Revenue$12.7M
Total Expenses$10.6M
Total Assets$17.2M
Grant Records0
Filing Years2021–2025

Mission

THE TRUST IS CREATED, ESTABLISHED AND MAINTAINED, (AND THE TRUSTEES AGREE TO RECEIVE, HOLD, AND ADMINISTER), TO PROVIDE BENEFITS FOR MEMBERS AND THEIR BENEFICIARIES IN ACCORDANCE WITH THE PLAN DOCUMENT.

Where $100 goes at Iron Workers Locals 549 & 550 Medical & Benefit Fund

How Iron Workers Locals 549 & 550 Medical & Benefit Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
To provide benefits for members and their beneficiaries in accordance with the plan document
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

ALTERNATE EMPLOYEE TRUSTEE Benjamin Strimel
ALTERNATE EMPLOYEE TRUSTEE Chad Jordan
EMPLOYER TRUSTEE Eric Starkowicz
EMPLOYEE TRUSTEE Gary Felgenhauer
EMPLOYER TRUSTEE Geoff Nicely
EMPLOYER TRUSTEE Jim Chapman

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $12.7M $10.6M $17.2M
2024 $12.4M $11.5M $15.5M
2023 $10.7M $9.9M $13.7M
2022 $11.1M $10.4M $13.3M
2021 $9.8M $9.3M $12.8M

Between 2021 and 2025, reported annual revenue grew from $9.8M to $12.7M (+29%), with total assets most recently reported at $17.2M.

Interactive year-over-year charts and full filing details available with membership.

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