Social Service Employees Union Local 371 Administrative Fund

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

EIN: 132858100 ✦ New york, NY ✦ Designated as a 501(c)(9)

Overview

What is Social Service Employees Union Local 371 Administrative Fund?

The Social Service Employees Union Local 371 Administrative Fund is a nonprofit entity based in New York City, specifically at 1501 Broadway, 4th floor. Its primary role is to manage and administer various benefit plans on behalf of the union, as outlined in a collective bargaining agreement with the City of New York. To fulfill this mission, the fund collects employer contributions and remits them to the union's benefit plans. Furthermore, it assumes responsibility for covering all administrative expenses related to these plans. The fund, which employs 26 individuals, functions as a crucial intermediary between the City of New York, the union, and the benefit plans.


Official website here: www.mightyunionfunds.org

Is Social Service Employees Union Local 371 Administrative Fund legitimate?

Social Service Employees Union Local 371 Administrative Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Social Service Employees Union Local 371 Administrative 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: $488,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,225,004

For more financial information, click here


Official website here: www.mightyunionfunds.org

What is the mission statement of Social Service Employees Union Local 371 Administrative Fund?

The Social Service Employees Union Local 371 Administrative Fund is responsible for collecting employer contributions as per the terms of a collective bargaining agreement between the Union and the City of New York. These contributions are then remitted to the Union's benefit plans. The administrative fund also covers all expenses related to managing these plans. The primary objective of the fund is to facilitate the smooth operation of the Union's benefit plans by collecting and managing the necessary contributions and payments.


Official website here: www.mightyunionfunds.org

Who is the CEO of Social Service Employees Union Local 371 Administrative Fund?

Anthony Wells is the Trustee of Social Service Employees Union Local 371 Administrative Fund.


Official website here: www.mightyunionfunds.org

What is the revenue of Social Service Employees Union Local 371 Administrative Fund?

Social Service Employees Union Local 371 Administrative Fund's revenue in 2022 was $40,912,693.


Official website here: www.mightyunionfunds.org

Who are the executives of Social Service Employees Union Local 371 Administrative Fund and what are their salaries?

The average compensation at Social Service Employees Union Local 371 Administrative Fund during 2022 was $65,887. There are 26 employees at Social Service Employees Union Local 371 Administrative Fund.

Here are 12 key members and their salaries:

    Anthony Wells (Trustee)
  • Compensation: $0
  • Related: $214,781
  • Other: $34,103

    • Denise L Barr (Administrator)
  • Compensation: $201,079
  • Related: $0
  • Other: $44,736

    • Christopher Leavey (Controller)
  • Compensation: $160,327
  • Related: $0
  • Other: $49,346

    • Iris Clark (Asc. Administrator)
  • Compensation: $145,929
  • Related: $0
  • Other: $50,786

    • Jose Castillo (Computer/ It)
  • Compensation: $117,624
  • Related: $0
  • Other: $52,382

    • Deborah Trimboli (Assist. Controller)
  • Compensation: $111,846
  • Related: $0
  • Other: $27,913

    • Vincent Ciccarello (Trustee)
  • Compensation: $0
  • Related: $36,494
  • Other: $0

    • Armenta Weekes (Trustee)
  • Compensation: $0
  • Related: $36,166
  • Other: $0

    • Sherrin Lockett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eduardo Rufino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Romania Griffin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alicia Nelson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mightyunionfunds.org

    Where can I find the form 990 for Social Service Employees Union Local 371 Administrative Fund?

    The Social Service Employees Union Local 371 Administrative Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mightyunionfunds.org

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

    Mission Statement of Social Service Employees Union Local 371 Administrative Fund

    Social Service Employees Union Local 371 Administrative Fund is a vital entity that plays a significant role in managing contributions received from the City of New York as part of a collective bargaining agreement. This Union Fund is dedicated to collecting employer contributions and subsequently remitting them to the Union's benefit plans. In addition to this key responsibility, the Fund is also tasked with covering all administrative expenses related to these plans.

    By fulfilling this mission, Social Service Employees Union Local 371 Administrative Fund ensures the smooth functioning of associated benefit plans. It acts as a crucial intermediary, enabling the Union to allocate resources effectively and efficiently towards providing essential benefits to its members. The Fund's essential role in managing the financial aspects of the benefit plans allows the Union to focus on its core mission of representing and advocating for the interests of its members in the social service sector.

    Furthermore, the Administrative Fund's commitment to paying all administrative expenses of the benefit plans enables these programs to operate effectively and sustainably. This financial support is crucial in maintaining the necessary infrastructure and resources to deliver valuable benefits and services to Union members. Overall, Social Service Employees Union Local 371 Administrative Fund serves as an essential partner in the Union's efforts to enhance the well-being and livelihoods of its members.

    Impact

    This information is meant to be a general summary of Social Service Employees Union Local 371 Administrative Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the Social Service Employees Union Local 371 Administrative Fund is evident in its role of collecting employer contributions received through a collective bargaining agreement with the City of New York. By managing these contributions and remitting them to the union's benefit plans, the fund ensures that union members have access to necessary benefits and support. Additionally, by covering all administrative expenses related to these plans, the fund plays a crucial role in facilitating the smooth operation of these benefit programs. Overall, the fund contributes to the well-being and stability of union members by ensuring they receive the benefits they are entitled to under their collective bargaining agreement.





    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: $360,423
  • Program Service Revenue: $40,048,717
  • Gross Receipts: $58,580,668

    • Assets and Liabilities:
  • Total Assets: $61,499,555
  • Total Liabilities: $1,911,750
  • Net Assets: $59,587,805
  • Programs

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

    employer contributions

    Revenue

    $40,048,717

    Organization Details

    Founding Year

    1973

    Principal Officer

    Anthony Wells

    Main Address

    1501 BROADWAY 4 fl, NEW YORK, NY, 10036

    NTEE Category

    Code: Y40 - Mutual benefit

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