Uswu Local 74 Welfare Fund

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

EIN: 131912506 ✦ Long island city, NY ✦ Designated as a 501(c)(9)

Overview

What is Uswu Local 74 Welfare Fund?

Uswu Local 74 Welfare Fund is a nonprofit organization, specifically a health and welfare fund, situated in Long Island City, New York, at 36-36 33rd Street, Suite 202. Their primary mission is to offer health and welfare benefits to members who have accumulated the required number of hours in eligible employment. The benefits include coverage for hospitalization, surgery and major medical, dental, optical, disability, prescription drugs, life insurance, and accidental death and dismemberment insurance. The fund's workforce comprises nine individuals who are dedicated to providing these essential services to their members.


Is Uswu Local 74 Welfare Fund legitimate?

Uswu Local 74 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Uswu Local 74 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: $174,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $335,180

For more financial information, click here


What is the mission statement of Uswu Local 74 Welfare Fund?
Who is the CEO of Uswu Local 74 Welfare Fund?
What is the revenue of Uswu Local 74 Welfare Fund?
Who are the executives of Uswu Local 74 Welfare Fund and what are their salaries?
Where can I find the form 990 for Uswu Local 74 Welfare Fund?

Mission Statement of Uswu Local 74 Welfare Fund

Uswu Local 74 Welfare Fund, a nonprofit organization, is dedicated to extending health and welfare benefits to its eligible members. By offering an array of coverage plans, the Fund ensures that participants receive essential medical services when they need it most.

More specifically, Uswu Local 74 Welfare Fund's mission includes the provision of various health-related benefits, such as hospitalization, surgical and major medical procedures, dental and optical care, disability, prescription drug coverage, life insurance, and accidental death and dismemberment insurance. Members can access these benefits once they have accumulated the required number of hours in covered employment.

The Fund's commitment to the well-being of its members goes beyond just healthcare. It aims to provide a comprehensive safety net, ensuring that its members are protected against financial burdens during times of medical need. By offering these essential benefits, Uswu Local 74 Welfare Fund plays a vital role in promoting the overall health and well-being of its members.

Impact

This information is meant to be a general summary of Uswu Local 74 Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Uswu Local 74 Welfare Fund's impact is significant as it provides essential health and welfare benefits to its members. By offering coverage such as hospitalization, surgical and major medical care, dental and optical services, disability insurance, prescription drug coverage, life insurance, and accidental death and dismemberment insurance, the fund plays a crucial role in ensuring the well-being of its participants. Through their efforts, members who meet the required minimum hours of service in covered employment can access vital healthcare services and financial protection in case of emergencies. This support contributes to the overall stability and security of the individuals and families served by Uswu Local 74 Welfare Fund.





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: $2,304,984
  • Program Service Revenue: $37,215,614
  • Gross Receipts: $40,544,908

    • Assets and Liabilities:
  • Total Assets: $91,790,896
  • Total Liabilities: $2,614,698
  • Net Assets: $89,176,198
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $37,167,916

    COBRA CONTRIBUTIONS

    Revenue

    $47,698

    Organization Details

    Founding Year

    1962

    Principal Officer

    Sal Alladeen

    Main Address

    36-36 33RD STREET SUITE 202, LONG ISLAND CITY, NY, 11106

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Uswu Local 74 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.