Local 1102 Health And Benefit Fund

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

EIN: 131768188 ✦ Woodbury, NY ✦ Designated as a 501(c)(9)

Overview

What is Local 1102 Health And Benefit Fund?

Local 1102 Health and Benefit Fund is a nonprofit organization dedicated to offering essential benefits to its members and their dependents. This includes hospital, surgical, major medical, dental, prescription drug coverage, and additional benefits. The organization operates as a V.E.B.A. fund, ensuring comprehensive healthcare support for its participants.


Official website here: www.local1102.org

Is Local 1102 Health And Benefit Fund legitimate?

Local 1102 Health And Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 1102 Health And Benefit 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: $1,154,717

For more financial information, click here


Official website here: www.local1102.org

What is the mission statement of Local 1102 Health And Benefit Fund?

The Local 1102 Health and Benefit Fund is committed to delivering essential health benefits to its members and their dependents. This non-profit organization offers a range of coverage, including hospital, surgical, major medical, dental, prescription drug plans, and more. By providing these benefits, the Fund aims to help its participants and their families access necessary medical care and maintain good overall health. The Fund's mission is to offer peace of mind and security to its members, ensuring that they have access to the necessary resources to address their health needs. Overall, the Local 1102 Health and Benefit Fund serves as a vital partner in the healthcare journey for its members.


Official website here: www.local1102.org

Who is the CEO of Local 1102 Health And Benefit Fund?

Alvin Ramnarain is the Trustee of Local 1102 Health And Benefit Fund.


Official website here: www.local1102.org

What is the revenue of Local 1102 Health And Benefit Fund?

Local 1102 Health And Benefit Fund's revenue in 2022 was $29,554,970.


Official website here: www.local1102.org

Who are the executives of Local 1102 Health And Benefit Fund and what are their salaries?

Here are 10 key members and their salaries:

    Navindra Ramnarain (Trustee)
  • Compensation: $0
  • Related: $346,523
  • Other: $75,804

    • Thomas F Rowland (Coo)
  • Compensation: $0
  • Related: $259,180
  • Other: $58,796

    • Angelo Cione (Director Of Internal Operations)
  • Compensation: $0
  • Related: $238,835
  • Other: $61,168

    • Ryan Brunet (Trustee)
  • Compensation: $0
  • Related: $245,440
  • Other: $49,997

    • John Sloane (Assistant Controller)
  • Compensation: $0
  • Related: $170,430
  • Other: $48,654

    • Michael Gerbe (It Manager)
  • Compensation: $0
  • Related: $142,901
  • Other: $46,164

    • Lori Krotz (Executive Assistant)
  • Compensation: $0
  • Related: $129,009
  • Other: $44,482

    • Jennifer Deleonardis (Health Fund Manager)
  • Compensation: $0
  • Related: $127,915
  • Other: $45,366

    • Larry Bienenfeld (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ira Silver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.local1102.org

    Where can I find the form 990 for Local 1102 Health And Benefit Fund?

    The Local 1102 Health And Benefit Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.local1102.org

    Learn more at the official website: www.local1102.org

    Mission Statement of Local 1102 Health And Benefit Fund

    Local 1102 Health and Benefit Fund is a nonprofit organization that is dedicated to extending essential health and medical benefits to its members and their dependents. Through its mission, this fund ensures that participants have access to various vital services, including hospital care, surgical procedures, major medical treatments, dental coverage, and prescription drug plans. By offering these benefits, Local 1102 Health and Benefit Fund brings peace of mind and financial security to those it serves. The organization's commitment to its members' wellbeing goes beyond just providing coverage; it serves as a safety net that protects them from the financial burdens that often accompany serious health issues.

    In simple terms, the Local 1102 Health and Benefit Fund is a charitable organization that assumes the responsibility of delivering comprehensive healthcare coverage to its constituents, enabling them to focus on their health and recovery rather than worrying about the financial implications of their medical needs. By providing a wide range of benefits, this fund empowers its members to make informed decisions about their health and wellbeing, ultimately leading to better health outcomes.

    In essence, the Local 1102 Health and Benefit Fund acts as a trusted partner, ensuring that its participants have access to the necessary medical services when they need it most. By alleviating the financial strain that often accompanies healthcare costs, the organization enables its members to concentrate on their health recovery, maintaining their overall wellbeing and quality of life.

    Impact

    This information is meant to be a general summary of Local 1102 Health And Benefit Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Local 1102 Health And Benefit Fund impacts the lives of its participants and their dependents by providing essential benefits such as hospital, surgical, major medical, dental, prescription drug, and other healthcare services. By offering these benefits, the fund helps individuals and families access the necessary medical care they need to stay healthy and address medical issues. This support contributes to the overall well-being and quality of life of the participants and their loved ones. Additionally, by operating as a V.e.b.a. Fund, Local 1102 Health And Benefit Fund ensures that its members have access to vital healthcare services, ultimately making a difference in their health and financial security.





    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: $2,904,722
  • Program Service Revenue: $26,650,248
  • Gross Receipts: $73,669,440

    • Assets and Liabilities:
  • Total Assets: $129,397,476
  • Total Liabilities: $5,302,543
  • Net Assets: $124,094,933
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $26,481,474

    COBRA CONTRIBUTIONS

    Revenue

    $168,774

    Organization Details

    Founding Year

    1945

    Principal Officer

    Alvin Ramnarain

    Main Address

    311 CROSSWAYS PARK DRIVE, WOODBURY, NY, 11797

    NTEE Category

    Code: Y43 - Mutual benefit

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