Welfare Fund Of Heat And Frost Insulators Local 12

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

EIN: 116302784 ✦ Long island city, NY ✦ Designated as a 501(c)(9)

Overview

What is Welfare Fund Of Heat And Frost Insulators Local 12?

Welfare Fund of Heat and Frost Insulators Local 12 is a nonprofit organization based in Long Island City, New York, with a workforce of just two individuals. Their primary objective is to extend essential benefits to eligible participants and their dependents, encompassing medical coverage, vacation time, Health Reimbursement Accounts (HRAs), and additional perks. By offering these advantages, the organization aims to enhance the overall well-being of its members.


Is Welfare Fund Of Heat And Frost Insulators Local 12 legitimate?

Welfare Fund Of Heat And Frost Insulators Local 12 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Welfare Fund Of Heat And Frost Insulators Local 12 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: $394,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Welfare Fund Of Heat And Frost Insulators Local 12?
Who is the CEO of Welfare Fund Of Heat And Frost Insulators Local 12?
What is the revenue of Welfare Fund Of Heat And Frost Insulators Local 12?
Who are the executives of Welfare Fund Of Heat And Frost Insulators Local 12 and what are their salaries?

The average compensation at Welfare Fund Of Heat And Frost Insulators Local 12 during 2022 was $197,034. There are 2 employees at Welfare Fund Of Heat And Frost Insulators Local 12.

Here are 20 key members and their salaries:


Where can I find the form 990 for Welfare Fund Of Heat And Frost Insulators Local 12?

Mission Statement of Welfare Fund Of Heat And Frost Insulators Local 12

The Welfare Fund of Heat and Frost Insulators Local 12 is a dedicated organization with a mission to extend essential benefits to eligible participants and their dependents. Its primary aim is to secure and provide a range of benefits, including medical coverage, vacations, Health Reimbursement Accounts (HRAs), and more.

This nonprofit organization works diligently to improve the lives of its members by addressing their healthcare needs and offering opportunities for rest and relaxation through vacation benefits. Furthermore, the organization's provisions extend to HRAs, providing additional financial support for healthcare-related expenses, ensuring the comprehensive well-being of those it serves.

In providing these benefits, the Welfare Fund of Heat and Frost Insulators Local 12 plays a crucial role in enhancing the quality of life for its members, empowering them to focus on their personal and professional growth without the burden of overwhelming healthcare costs or concerns. By extending these benefits to dependents as well, the organization fosters a culture of care and support, ensuring that the entire family unit remains strong and resilient.

Impact

This information is meant to be a general summary of Welfare Fund Of Heat And Frost Insulators Local 12. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Welfare Fund Of Heat And Frost Insulators Local 12 plays a crucial role in providing medical, vacation, HRA, and other benefits to eligible participants and their dependents. This support is essential in ensuring the well-being and security of the members of this local community. By offering these vital benefits, the fund contributes to the overall quality of life of its participants, promoting their health and providing a safety net for unforeseen circumstances. In doing so, it reinforces the solidarity and mutual support within the Heat and Frost Insulators Local 12, fostering a sense of collective well-being and security among 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: $560,760
  • Program Service Revenue: $15,781,582
  • Gross Receipts: $21,948,256

    • Assets and Liabilities:
  • Total Assets: $30,527,836
  • Total Liabilities: $5,827,368
  • Net Assets: $24,700,468
  • Programs

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

    EMPLOYERS' CONTRIB.

    Revenue

    $11,357,073

    PARTICIPANTS' CONTRIB.

    Revenue

    $4,424,509

    Organization Details

    Founding Year

    1950

    Principal Officer

    Magali Avila

    Main Address

    35-53 24TH STREET, LONG ISLAND CITY, NY, 11106

    NTEE Category

    Code: Y40 - Mutual benefit

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