International Union Of Operating Engineers Local 138 Welfare Fund

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

EIN: 111628170 ✦ Farmingdale, NY ✦ Designated as a 501(c)(9)

Overview

What is International Union Of Operating Engineers Local 138 Welfare Fund?

The International Union of Operating Engineers Local 138 Welfare Fund is a nonprofit organization based in Farmingdale, New York. With a small team of four individuals, they are dedicated to providing essential benefits to eligible participants and their dependents. Their offerings include medical, death, optical, dental, vacation, and unemployment coverage. This commitment to support and well-being enhances the quality of life for those involved, ensuring peace of mind in various aspects of their daily lives.


Official website here: www.local138.com

Is International Union Of Operating Engineers Local 138 Welfare Fund legitimate?

International Union Of Operating Engineers Local 138 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Union Of Operating Engineers Local 138 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: $452,510

For more financial information, click here


Official website here: www.local138.com

What is the mission statement of International Union Of Operating Engineers Local 138 Welfare Fund?

The International Union Of Operating Engineers Local 138 Welfare Fund is dedicated to offering essential benefits to eligible participants and their dependents. The primary focus of the fund is to ensure access to medical, death, optical, dental, vacation, and unemployment benefits. By providing these benefits, the welfare fund enhances the well-being and security of its members. The fund's mission underscores its commitment to supporting its community by addressing their basic needs and ensuring peace of mind. Through its comprehensive benefit package, the International Union Of Operating Engineers Local 138 Welfare Fund empowers its members to focus on their personal and professional growth while having crucial coverage for life's uncertainties.


Official website here: www.local138.com

Who is the CEO of International Union Of Operating Engineers Local 138 Welfare Fund?

John Duffy is the Trustee of International Union Of Operating Engineers Local 138 Welfare Fund.


Official website here: www.local138.com

What is the revenue of International Union Of Operating Engineers Local 138 Welfare Fund?

International Union Of Operating Engineers Local 138 Welfare Fund's revenue in 2022 was $42,543,843.


Official website here: www.local138.com

Who are the executives of International Union Of Operating Engineers Local 138 Welfare Fund and what are their salaries?

The average compensation at International Union Of Operating Engineers Local 138 Welfare Fund during 2022 was $113,128. There are 4 employees at International Union Of Operating Engineers Local 138 Welfare Fund.

Here are 14 key members and their salaries:

    John Duffy (Trustee)
  • Compensation: $0
  • Related: $354,805
  • Other: $83,634

    • John J Duffy (Trustee)
  • Compensation: $0
  • Related: $287,732
  • Other: $99,643

    • William Duffy Jr (Trustee)
  • Compensation: $0
  • Related: $286,147
  • Other: $100,139

    • Anthony Malizia (Trustee)
  • Compensation: $0
  • Related: $284,054
  • Other: $98,964

    • Shawn Coles (Business Agent)
  • Compensation: $0
  • Related: $283,867
  • Other: $98,964

    • Dennis Adrian (Trustee)
  • Compensation: $0
  • Related: $283,849
  • Other: $98,964

    • Stephen Barnett (Plan Administrator)
  • Compensation: $0
  • Related: $256,969
  • Other: $78,191

    • Vincent D Razzano (Apprentice Director)
  • Compensation: $0
  • Related: $231,416
  • Other: $77,833

    • Christopher Duffy (Annuity Admin)
  • Compensation: $0
  • Related: $189,910
  • Other: $64,784

    • Scott Tierney (Instructor)
  • Compensation: $0
  • Related: $174,431
  • Other: $70,349

    • Lisa Harden (Claims Admin)
  • Compensation: $102,479
  • Related: $0
  • Other: $35,484

    • James Pratt Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Haney Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Herbst (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.local138.com

    Where can I find the form 990 for International Union Of Operating Engineers Local 138 Welfare Fund?

    The International Union Of Operating Engineers Local 138 Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.local138.com

    Learn more at the official website: www.local138.com

    Mission Statement of International Union Of Operating Engineers Local 138 Welfare Fund

    International Union Of Operating Engineers Local 138 Welfare Fund is a charitable organization dedicated to extending essential benefits to eligible participants and their dependents. The primary objective of this fund is multifaceted, encompassing the provision of medical, death, optical, dental, vacation, and unemployment benefits.

    This nonprofit organization is committed to enhancing the well-being of its members. It offers a comprehensive range of benefits designed to cater to various aspects of their lives. The medical coverage ensures access to vital healthcare services, providing peace of mind and financial security during times of illness. The death benefit is a thoughtful provision, safeguarding the families of members in the unfortunate event of a fatality.

    Optical and dental benefits play a pivotal role in maintaining good health. The fund's vision care coverage ensures members can afford necessary eyewear, while dental benefits promote oral health and prevent costly dental procedures. Vacation benefits offer an opportunity for members to recharge and spend quality time with their loved ones, fostering work-life balance. Lastly, the unemployment benefits act as a financial safety net during periods of job loss, enabling members to sustain their living expenses until they secure new employment.

    In summary, International Union Of Operating Engineers Local 138 Welfare Fund is a benevolent organization that extends essential benefits to eligible participants. By offering medical, death, optical, dental, vacation, and unemployment benefits, it seeks to improve the quality of life for its members and their dependents.

    Impact

    This information is meant to be a general summary of International Union Of Operating Engineers Local 138 Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The International Union Of Operating Engineers Local 138 Welfare Fund has a direct impact on the well-being of eligible participants and their dependents by providing essential benefits such as medical, death, optical, dental, vacation, and unemployment benefits. Through its services, the fund contributes to the overall health and financial security of its members, ensuring they have access to necessary support in times of need. This assistance plays a crucial role in enhancing the quality of life for those involved in the union, offering a sense of security and stability for both individuals and their families.





    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: $288,811
  • Program Service Revenue: $42,255,032
  • Gross Receipts: $44,375,656

    • Assets and Liabilities:
  • Total Assets: $28,205,674
  • Total Liabilities: $11,661,079
  • Net Assets: $16,544,595
  • Programs

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

    EMPLOYER CONTRIB.

    Revenue

    $33,324,112

    PARTICIPANT CONT

    Revenue

    $6,871,371

    PRESCRIPTION REBATES

    Revenue

    $1,659,568

    STOP-LOSS REIMBURSEMENTS

    Revenue

    $399,981

    Organization Details

    Founding Year

    1952

    Principal Officer

    John Duffy

    Main Address

    PO BOX 206 137 GAZZA BLVD, FARMINGDALE, NY, 11735

    NTEE Category

    Code: Y40 - Mutual benefit

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