Local 272 Welfare Fund

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

EIN: 135555808 ✦ New york, NY ✦ Designated as a 501(c)(9)

Overview

What is Local 272 Welfare Fund?

Local 272 Welfare Fund is a nonprofit organization situated in New York, specifically at 220 East 23rd Street, 805. With a team of nine dedicated individuals, the Fund's primary mission is to extend health and associated benefits to eligible union members and their dependents. The organization's activities revolve around providing these crucial services, ensuring the well-being of its union members and their families.


Is Local 272 Welfare Fund legitimate?

Local 272 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 272 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $899,659

For more financial information, click here


What is the mission statement of Local 272 Welfare Fund?
Who is the CEO of Local 272 Welfare Fund?
What is the revenue of Local 272 Welfare Fund?
Who are the executives of Local 272 Welfare Fund and what are their salaries?
Where can I find the form 990 for Local 272 Welfare Fund?

Mission Statement of Local 272 Welfare Fund

Local 272 Welfare Fund is a nonprofit organization that is dedicated to extending health and related benefits to eligible union members and their dependents. This mission is at the heart of Local 272 Welfare Fund's purpose and driving force.

By providing these essential benefits, the Fund aims to support the wellbeing of the union members and their families. The organization's activities focus on promoting the physical and emotional health of its beneficiaries, ensuring they have access to necessary medical services and resources.

Local 272 Welfare Fund's commitment to its members goes beyond just health coverage. It strives to offer a comprehensive range of benefits tailored to the needs of the union community. This holistic approach enables the Fund to make a significant impact on the overall well-being and quality of life of its members.

Impact

This information is meant to be a general summary of Local 272 Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Local 272 Welfare Fund provides vital health and related benefits to eligible union members and their dependents in New York. Its impact is significant as it ensures that these individuals have access to necessary healthcare services and support, promoting their overall well-being and quality of life. By offering these benefits, Local 272 Welfare Fund plays a crucial role in supporting the health and financial security of union members and their families, ultimately contributing to a stronger and more stable community.





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: $-299,259
  • Program Service Revenue: $35,090,654
  • Gross Receipts: $58,561,455

    • Assets and Liabilities:
  • Total Assets: $33,709,724
  • Total Liabilities: $4,628,786
  • Net Assets: $29,080,938
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $35,081,549

    COBRA CONTRIBUTIONS

    Revenue

    $9,105

    Organization Details

    Founding Year

    1951

    Principal Officer

    Fred Alston

    Main Address

    220 EAST 23RD STREET 805, NEW YORK, NY, 10010

    NTEE Category

    Code: Y40 - Mutual benefit

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