Massachusetts Laborers' Health & Welfare Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042214296 ✦ Burlington, MA ✦ Designated as a 501(c)(9)

Overview

What is Massachusetts Laborers' Health & Welfare Fund?

The Massachusetts Laborers' Health & Welfare Fund is a nonprofit organization located at 1400 District Avenue No. 200, Burlington, MA. With a team of 56 employees, their primary goal is to offer health benefits and other services to eligible participants. The organization's mission is dedicated to enhancing the well-being of its members by providing essential health-related resources.


Is Massachusetts Laborers' Health & Welfare Fund legitimate?

Massachusetts Laborers' Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Massachusetts Laborers' Health & Welfare Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $348,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,063,246

For more financial information, click here


What is the mission statement of Massachusetts Laborers' Health & Welfare Fund?
Who is the CEO of Massachusetts Laborers' Health & Welfare Fund?
What is the revenue of Massachusetts Laborers' Health & Welfare Fund?
Who are the executives of Massachusetts Laborers' Health & Welfare Fund and what are their salaries?
Where can I find the form 990 for Massachusetts Laborers' Health & Welfare Fund?

Mission Statement of Massachusetts Laborers' Health & Welfare Fund

Massachusetts Laborers' Health & Welfare Fund, a notable nonprofit organization, is dedicated to extending health benefits and other essential services to eligible participants. With a clear-cut mission, this fund prioritizes the well-being of its members by supplying them with necessary health resources and additional benefits. By doing so, it ensures that the laborers under its umbrella are well cared for and supported in their daily lives.

The Massachusetts Laborers' Health & Welfare Fund operates on the belief that every eligible individual deserves access to essential health benefits and more. This commitment is reflected in its daily operations, as it works tirelessly to provide its members with a range of benefits tailored to their needs. By focusing on health and wellness, the Fund empowers its participants to live their best lives and overcome any challenges they may face.

In summary, the Massachusetts Laborers' Health & Welfare Fund stands as a beacon of support for its eligible participants. By providing them with health and other benefits, this organization fosters an environment of wellness and care, ensuring that those in its community have the resources they need to thrive. Through its unwavering dedication, the Fund has become an invaluable resource for laborers across the state.

Impact

This information is meant to be a general summary of Massachusetts Laborers' Health & Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Massachusetts Laborers' Health & Welfare Fund's impact lies in providing health and other benefits to eligible participants. This serves to support the well-being and welfare of laborers in the state of Massachusetts, ensuring they have access to necessary healthcare services and support when needed. By offering these benefits, the fund contributes to the overall health and stability of its members, enabling them to lead healthier and more secure lives.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,042,009
  • Program Service Revenue: $164,478,573
  • Gross Receipts: $190,265,696

    • Assets and Liabilities:
  • Total Assets: $545,550,200
  • Total Liabilities: $19,814,338
  • Net Assets: $525,735,862
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER CONTRIBUTIONS

    Revenue

    $162,511,836

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $1,966,737

    Organization Details

    Founding Year

    1964

    Principal Officer

    Nathan Goldstein

    Main Address

    1400 DISTRICT AVENUE NO 200, BURLINGTON, MA, 018035236

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Massachusetts Laborers' Health & Welfare Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.