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.
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.
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.
How Iron Workers Locals 549 & 550 Medical & Benefit Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Officer compensation and complete director data available with membership.
| 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.