District Council 37 Benefits Fund Trust

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

EIN: 132988369 ✦ New york, NY ✦ Designated as a 501(c)(5)

Overview

What is District Council 37 Benefits Fund Trust?

The District Council 37 Benefits Fund Trust is a New York-based nonprofit organization with a team of 24 employees. Their primary role is to collect and distribute funds to related tax-exempt health and welfare benefit plans. This means they act as a crucial intermediary, facilitating the transfer of resources to various organizations that focus on health and welfare benefits. By doing so, they contribute to enhancing the accessibility and reach of essential services for numerous beneficiaries.


Is District Council 37 Benefits Fund Trust legitimate?

District Council 37 Benefits Fund Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. District Council 37 Benefits Fund Trust 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: $455,763

For more financial information, click here


What is the mission statement of District Council 37 Benefits Fund Trust?
Who is the CEO of District Council 37 Benefits Fund Trust?
What is the revenue of District Council 37 Benefits Fund Trust?
Who are the executives of District Council 37 Benefits Fund Trust and what are their salaries?
Where can I find the form 990 for District Council 37 Benefits Fund Trust?

Mission Statement of District Council 37 Benefits Fund Trust

The District Council 37 Benefits Fund Trust is a mission-driven organization that focuses on collecting and distributing funds to various tax-exempt health and welfare benefit plans. In essence, it acts as a crucial financial intermediary, pooling resources and allocating them to related organizations that share its commitment to improving lives and delivering essential services. By doing so, it contributes significantly to the broader social safety net, enhancing the reach and impact of the health and welfare sector. Through its unwavering dedication to this cause, the Trust streamlines the flow of resources and enables collaborative efforts among the beneficiary organizations, ultimately improving the lives of countless individuals in need.

Impact

This information is meant to be a general summary of District Council 37 Benefits Fund Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

District Council 37 Benefits Fund Trust impacts the community by effectively collecting and distributing funds to other related tax-exempt health and welfare benefit plans. This ensures that individuals have access to important benefits and resources that support their health and well-being. Through its mission of efficiently managing these funds, District Council 37 Benefits Fund Trust plays a vital role in supporting employment and providing essential benefits to its beneficiaries.





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: $65,506
  • Program Service Revenue: $300,027,109
  • Gross Receipts: $450,283,003

    • Assets and Liabilities:
  • Total Assets: $665,776,157
  • Total Liabilities: $85,887,789
  • Net Assets: $579,888,368
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $299,718,290

    COBRA

    Revenue

    $308,819

    Organization Details

    Founding Year

    1979

    Principal Officer

    Henry Garrido

    Main Address

    55 WATER STREET, NEW YORK, NY, 10041

    NTEE Category

    Code: J40 - Employment

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