Local 57 Iuoe Health And Welfare Fund

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

EIN: 050269242 ✦ Johnston, RI ✦ Designated as a 501(c)(9)

Overview

What is Local 57 Iuoe Health And Welfare Fund?

The Local 57 Iuoe Health and Welfare Fund is a nonprofit organization based in Johnston, Rhode Island, at 857 Central Avenue, ZIP code 02919. With a mission to provide health, dental, vision, short-term disability, and death benefits for employees under the collective bargaining agreements between I.U.O.E. Local 57 and the Rhode Island Chapter of Associated General Contractors of America and Construction Industries of Rhode Island, the Fund aims to ensure the wellbeing of its members. The organization, with a small team of four employees, is dedicated to offering medical, dental, and vision insurance benefits to the collectively bargained members.


Is Local 57 Iuoe Health And Welfare Fund legitimate?

Local 57 Iuoe Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 57 Iuoe Health And 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $152,149

For more financial information, click here


What is the mission statement of Local 57 Iuoe Health And Welfare Fund?
Who is the CEO of Local 57 Iuoe Health And Welfare Fund?
What is the revenue of Local 57 Iuoe Health And Welfare Fund?
Who are the executives of Local 57 Iuoe Health And Welfare Fund and what are their salaries?
Where can I find the form 990 for Local 57 Iuoe Health And Welfare Fund?

Mission Statement of Local 57 Iuoe Health And Welfare Fund

Local 57 Iuoe Health and Welfare Fund is a nonprofit organization dedicated to extending medical, dental, and vision insurance benefits to its collectively bargained members. Through the power of collective negotiations between I.U.O.E. Local 57 and the Rhode Island Chapter of Associated General Contractors of America and Construction Industries of Rhode Island, this fund ensures that eligible employees receive comprehensive coverage.

The mission of Local 57 Iuoe Health and Welfare Fund is to secure and administer health, dental, vision, short-term disability, and death benefits for its members. By pooling resources and leveraging the collective bargaining power, this fund offers affordable and comprehensive coverage options, allowing its members to focus on their well-being and professional growth. The organization's primary goal is to ensure that its members have access to quality healthcare services, enabling them to maintain their overall health and productivity.

Local 57 Iuoe Health and Welfare Fund's efforts in providing insurance benefits not only improve the lives of its members but also contribute to the overall success of the construction industry in Rhode Island. By investing in the health and well-being of its workforce, this fund creates a positive work environment, fostering better employee morale, increased job satisfaction, and improved job performance. This, in turn, benefits the construction industry as a whole by contributing to a more efficient and productive workforce.

Impact

This information is meant to be a general summary of Local 57 Iuoe Health And Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Local 57 IUOE Health and Welfare Fund's impact is vital in ensuring that collectively bargained members have access to essential medical, dental, and vision insurance benefits. By providing these crucial services, the fund helps to safeguard the health and well-being of employees covered under the collective bargaining agreements between IUOE Local 57 and the Rhode Island Chapter of Associated General Contractors of America and Construction Industries of Rhode Island. This support plays a significant role in promoting the overall welfare and financial security of the workers and their families, highlighting the fund's commitment to enhancing the quality of life for its members.





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: $923,948
  • Program Service Revenue: $16,043,590
  • Gross Receipts: $17,012,033

    • Assets and Liabilities:
  • Total Assets: $23,429,295
  • Total Liabilities: $196,327
  • Net Assets: $23,232,968
  • Programs

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

    EMPLOYERS CONTRIBUTIONS

    Revenue

    $15,923,742

    PARTICIPANTS/COBRA ASSIST

    Revenue

    $119,848

    Organization Details

    Founding Year

    1953

    Principal Officer

    James White

    Main Address

    857 CENTRAL AVENUE, JOHNSTON, RI, 02919

    NTEE Category

    Code: Y40 - Mutual benefit

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