Middletown Works Hourly & Salaried Union Retirees Health Care Fund
Revenue
$52.7m
year to 31 December 2025
Expenses
$97.7m
year to 31 December 2025
Total assets
$671.3m
$4.7m liabilities
Net assets
$666.6m
assets less liabilities
Directors and trustees
5
6.8 years on average
Staff
0
employees, year to 31 December 2025
Chair observed
≥6 yrs
Francis J Martorana
Left since last filing
0
no seats appear to have opened
Middletown Works Hourly & Salaried Union Retirees Health Care Fund's network
5 people2 organisationsi5 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Francis J Martorana Chair (also filed as Francis Martorana) | Co-Chairman | 2022 | 4 yrs |
| Michael Bailey Chair | Chairman | 2018 | 8 yrs |
| Brian Daley | Trustee | 2018 | 8 yrs |
| Michael Stephenson | Trustee | 2022 | 4 yrs |
| Roger McClow | Trustee | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Francis J Martorana | Co-Chairman | 12 | $40k | ||
| Roger McClow | Trustee | 10 | $38k | ||
| Michael Bailey | Chairman | 12 | $29k | ||
| Brian Daley | Trustee | 10 | $24k | ||
| Michael Stephenson | Trustee | 10 | $24k |
About
- Legal name
- Middletown Works Hourly & Salaried Union Retirees Health Care Fund
- EIN
- 367485085
- Address
- Po Box 34203, Seattle, WA, 98124-1203
- State
- Washington
- Mission
- To provide health and welfare benefits (as filed on the Form 990)
- Activity (NTEE)
- Y43 Mutual and membership benefit
- IRS classification
- 501(c)09 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Mutual & Membership Benefit
- Size band
- 9 (IRS master file code)
- Formed
- 2008
- Principal officer
- Michael Bailey (as named on the Form 990)
- IRS ruling date
- 1 April 2009
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsMichael Bailey
≥8years on the filingsBrian Daley
≥8years on the filingsRoger McClow
≥4years on the filingsFrancis J Martorana
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $671.3m
- Total liabilities
- $4.7m
- Net assets or fund balances
- $666.6m
- Contributions and grants received
- $0
- Program service revenue
- $19.4m
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $92.2m | $54m | $38.3m |
As filed on the IRS Form 990. US dollars.