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Organizations Mutual & Membership Benefit Cement Masons Local No 502 Retiree Welfare Fund

Cement Masons Local No 502 Retiree Welfare Fund

Fiscal year ending 2024. Filed on July 11, 2025.

739 - 25th Avenue
Bellwood, Illinois 60104

Cement Masons Local No 502 Retiree Welfare Fund (EIN: 80-0967048) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Cement Masons Local No 502 Retiree Welfare Fund, a 501(c)(9) voluntary employees' beneficiary association, reported compensation for 8 employees. Among the employees shown here, the average compensation is $268,481. The highest compensated employee at Cement Masons Local No 502 Retiree Welfare Fund is Lawrence Picardi Sr with fiscal year 2024 compensation of $367,921.

Revenue, expenses, and employee compensation

Revenue

$6,570,617

Expenses

$8,183,367

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lawrence Picardi Sr
Former Trustee
$367,921
$0 $226,075 $141,846
Kevin Farley
Trustee
$353,858
$0 $204,701 $149,157
Lawrence Picardi Jr
Trustee
$283,853
$0 $169,402 $114,451
William Beeman
Administrator - PAST
$256,190
$0 $164,293 $91,897
Antonio Acevedo
Trustee
$242,822
$0 $159,085 $83,737
Angelo Feola
Administrator - NEW
$239,218
$0 $155,481 $83,737
Charles Picardi
Assistant Administrator
$220,862
$0 $145,285 $75,577
Colleen Lakis
Controller
$183,127
$0 $115,710 $67,417

Benchmark Employee Compensation

Non-Employee Board Members

Jay Lasala
Trustee
$85,771
$0 $44,426 $41,345
Anthony A Farrell
Trustee
$13,287
$0 $8,647 $4,640
Sandra Hunt
Trustee
$7,275
$0 $7,275 No other comp
Michael Kolberg
Former Trustee
No compensation reported
Mike Dynowski
Trustee
No compensation reported
Brian Barry
Trustee
No compensation reported
John Hallberg
Trustee
No compensation reported
Salvatore Cerami
Trustee
No compensation reported
Robert Kutrovatz
Trustee
No compensation reported
Steve Baumgartner
Trustee
No compensation reported

Contractors

Marathon Health LLC
Health Clinic Management
$212,792
Blue Cross Blue Shield
PPO Provider
$142,342
Union Eyes
Health Clinic Management
$102,394

Mission Statement

PROVIDE HEALTH BENEFITS

Revisions to this organization profile

July 11, 2025:
2024 Cement Masons Local No 502 Retiree Welfare Fund 990 filed
July 9, 2024:
2023 Cement Masons Local No 502 Retiree Welfare Fund 990 filed
July 20, 2023:
2022 Cement Masons Local No 502 Retiree Welfare Fund 990 filed

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