Iron Workers District Council of Southern Oh & Vicinity Welfare Tr
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Iron Workers District Council of Southern Oh & Vicinity Welfare Tr is a 501(c)(9) organization based in Vandalia, Ohio, registered in 1954, with $78,677,331 in FY2024 revenue. CharityIndex grades it A.
1470 Worldwide Pl, Vandalia, OH, 45377 EIN 31-0557391 Since 1954
Revenue (FY2024)
$78.7M
▲ 17.2% vs prior year
Expenses (FY2024)
$67.9M
Net assets
$61.0M
Employees
13
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Iron Workers District Council of Southern Oh & Vicinity Welfare Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Iron Workers District Council of Southern Oh & Vicinity Welfare Tr: 11 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Iron Workers District Council of Southern Oh & Vicinity Welfare Tr: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Iron Workers District Council of Southern Oh & Vicinity Welfare Tr: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
Provide health, dental, vision, & disability benefits to participants, dependants, & retirees
Contact & location
Financial trends
Revenue grew from $43.1M (FY2013) to $78.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.4MNet assets $61.0M
Operating margin
13.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$62.4M
Total liabilities
$1.4M
Net assets
$61.0M
Salaries & benefits
$1.2M
2% of expenses
Board members
18
18 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $78,677,331▲17.2% | $67,917,871▲10.9% | $61,029,857▲21.2% | $62,381,418▲13.7% | 990 |
| 2023 | $67,128,006▲7.6% | $61,252,538▲1.5% | $50,350,983▲15.2% | $54,872,326▲23.2% | 990 |
| 2022 | $62,375,910▲10.7% | $60,349,805▲3.7% | $43,724,016▼0.7% | $44,546,470▼1.0% | 990 |
| 2021 | $56,335,913▲0.4% | $58,193,447▲8.0% | $44,022,961▼4.7% | $45,013,970▼3.0% | 990 |
| 2020 | $56,124,044▼7.5% | $53,889,188▼2.5% | $46,183,152▲6.9% | $46,414,864▲7.0% | 990 |
| 2019 | $60,685,409▲6.0% | $55,243,155▲1.6% | $43,214,189▲18.6% | $43,385,135▲15.9% | 990 |
| 2018 | $57,231,888▼0.4% | $54,366,278▼6.0% | $36,426,335▲6.8% | $37,445,956▲6.6% | 990 |
| 2017 | $57,476,554▲7.8% | $57,820,146▲2.4% | $34,104,934▲0.2% | $35,136,182▼0.6% | 990 |
| 2016 | $53,300,149▲3.5% | $56,451,458▲4.4% | $34,047,053▼7.4% | $35,331,509▼6.1% | 990 |
| 2015 | $51,493,338▲3.7% | $54,091,321▲9.4% | $36,768,800▼9.4% | $37,627,790▼11.6% | 990 |
| 2014 | $49,667,622▲15.1% | $49,453,785▲5.7% | $40,573,163▲2.2% | $42,569,606▲7.1% | 990 |
| 2013 | $43,136,203 | $46,767,785▼3.1% | $39,705,081▼7.8% | $39,750,381▼8.0% | 990 |
| 2012 | — | $48,259,606▲11.2% | $43,042,534▼5.4% | $43,208,166▼5.8% | 990 |
| 2011 | — | $43,387,839▲0.4% | $45,516,916▲1.1% | $45,877,863▲1.5% | 990 |
| 2010 | — | $43,228,732▼9.0% | $45,005,288▲1.1% | $45,196,477▼1.3% | 990 |
| 2009 | — | $47,491,491 | $44,535,966 | $45,802,934 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Penny Brown — $191,011 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Penny Brown | Administrative Manager | 40 | $191,011 |
| Adam Fruchey | Employer Trustee | 2 | — |
| Bradley Winans | Labor Trustee | 2 | — |
| Brian Carter | Labor Trustee | 2 | — |
| Clinton Suggs | Employer Trustee | 2 | — |
| Craig Wanner | Employer Trustee (co-chair) | 2 | — |
| David Baker | Labor Trustee | 2 | — |
| James Stiles | Labor Trustee | 2 | — |
| John Hesford | Employer Trustee | 2 | — |
| John R Whitaker | Labor Trustee | 2 | — |
| Mark Bishop | Employer Trustee | 2 | — |
| Mark E Douglas | Employer Trustee | 2 | — |
| Robert Kara | Labor Trustee (co-chair) | 2 | — |
| Robert Mullett | Labor Trustee | 2 | — |
| Rodd Shields | Labor Trustee | 2 | — |
| Ronald Fisher | Employer Trustee | 2 | — |
| Russell Montgomery | Labor Trustee | 2 | — |
| Scott Hermesch | Employer Trustee | 2 | — |
| Scott Massie | Employer Trustee | 2 | — |
Top vendors & contractors (FY2020)
| Contractor | Services | Paid |
|---|---|---|
| Anthem Blue Cross Blue Shield | Claims Contract Adminstrator | $1,335,638 |
Frequently asked questions
- Is Iron Workers District Council of Southern Oh & Vicinity Welfare Tr a legitimate nonprofit?
- Yes. Iron Workers District Council of Southern Oh & Vicinity Welfare Tr is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 31-0557391, based in Vandalia, Ohio.
- What is Iron Workers District Council of Southern Oh & Vicinity Welfare Tr's EIN?
- Iron Workers District Council of Southern Oh & Vicinity Welfare Tr's Employer Identification Number (EIN) is 31-0557391.
- How much revenue does Iron Workers District Council of Southern Oh & Vicinity Welfare Tr report?
- Iron Workers District Council of Southern Oh & Vicinity Welfare Tr reported $78,677,331 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Iron Workers District Council of Southern Oh & Vicinity Welfare Tr have?
- CharityIndex grades Iron Workers District Council of Southern Oh & Vicinity Welfare Tr A, based on financial health (reserves and operating margin).
- How much does Iron Workers District Council of Southern Oh & Vicinity Welfare Tr's highest-paid employee make?
- The highest reported compensation on Iron Workers District Council of Southern Oh & Vicinity Welfare Tr's latest Form 990 is $191,011, paid to Penny Brown (Administrative Manager).
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Data for Iron Workers District Council of Southern Oh & Vicinity Welfare Tr (EIN 31-0557391) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.