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Organizations Smart Local 265 Welfare Fund

Smart Local 265 Welfare Fund

Fiscal year ending 2024. Filed on April 9, 2025.

205 Alexandra Way
Carol Stream, Illinois 60188

Smart Local 265 Welfare Fund (EIN: 36-2356062) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Smart Local 265 Welfare Fund, a 501(c)(9) voluntary employees' beneficiary association, reported compensation for 8 out of 82 total employees. Among the employees shown here, the average compensation is $257,776. The highest compensated employee at Smart Local 265 Welfare Fund is John Daniel with fiscal year 2024 compensation of $349,403. Smart Local 265 Welfare Fund changed its name from Sheet Metal Workers Lcl 265 Welfare Fund in 2018.

Revenue, expenses, and employee compensation

Revenue

$33,624,556

Expenses

$37,459,627

Employee compensation

$1,527,305
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Daniel
Trustee
$349,403
$0 $236,661 $112,742
Matthew Gugala
Trustee
$280,282
$0 $178,594 $101,688
Kevin Galass
Trustee
$257,788
$0 $159,850 $97,938
Ron Mika
Trustee
$255,468
$0 $157,436 $98,032
Brian McSherry
Trustee
$254,429
$0 $157,684 $96,745
Brian Dahlman
Trustee
$253,300
$0 $155,530 $97,770
Katie Eby
Administrator
$239,417
$174,607 No related comp$64,810
Brian Doxie
Claims Manager
$172,124
$107,670 No related comp$64,454

Benchmark Employee Compensation

Non-Employee Board Members

Andy Yonkus
Trustee
John Shaw
Trustee
Ken Wiesbrook
Trustee
Pat Hudgens
Trustee
Terrance van Someren
Trustee

Contractors

Blue Cross Blue Shield
PPO Access Fees
$750,922
Express Scripts
Rx Admin Fees
$457,367
Valenz Protekht LLC
Claim Fees
$180,743
The Segal Company
Consulting/Actuarial Fees
$152,831
Baum Sigman Auerbach & Neuman Ltd.
Legal Fees
$118,269

Mission Statement

PROVIDE HEALTH, DENTAL, PRESCRIPTION DRUG, VISION AND DEATH BENEFITS COVERING SUBSTANTIALLY ALL PARTICIPATING PERSONS UNDER THE SHEET METAL WORKERS LOCAL 265 UNION'S COLLECTIVE BARGAINING AGREEMENT.

Revisions to this organization profile

April 9, 2025:
2024 Smart Local 265 Welfare Fund 990 filed
April 26, 2024:
2023 Smart Local 265 Welfare Fund 990 filed
April 28, 2023:
2022 Smart Local 265 Welfare Fund 990 filed

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