Painting Industry Insurance Fund

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

EIN: 135600369 ✦ New york, NY ✦ Designated as a 501(c)(9)

Overview

What is Painting Industry Insurance Fund?

The Painting Industry Insurance Fund is a nonprofit organization headquartered in New York City. Its primary mission is to offer major medical, hospital, and various healthcare benefits, as well as vacation benefits, to around 6,114 eligible participants. These individuals are members of IUPAT, AFL-CIO, District Council No. 9, and its affiliated local unions within the painting industry. The fund, with a workforce of 32 employees, focuses on improving the well-being of its members by providing comprehensive healthcare coverage and vacation benefits.


Is Painting Industry Insurance Fund legitimate?

Painting Industry Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Painting Industry Insurance 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: $2,030,537

For more financial information, click here


What is the mission statement of Painting Industry Insurance Fund?
Who is the CEO of Painting Industry Insurance Fund?
What is the revenue of Painting Industry Insurance Fund?
Who are the executives of Painting Industry Insurance Fund and what are their salaries?

The average compensation at Painting Industry Insurance Fund during 2022 was $63,454. There are 32 employees at Painting Industry Insurance Fund.

Here are 29 key members and their salaries:


Where can I find the form 990 for Painting Industry Insurance Fund?

Mission Statement of Painting Industry Insurance Fund

The Painting Industry Insurance Fund, a prominent organization under the aegis of IUPAT, AFL-CIO, and District Council No. 9, along with its affiliated local unions, is committed to delivering substantial medical, hospital, and other healthcare benefits, as well as vacation benefits, to around 6,114 eligible participants. In simpler terms, this nonprofit entity ensures the well-being of its members by providing them with essential healthcare services and rejuvenating vacation opportunities. The Painting Industry Insurance Fund's mission is twofold: first, it prioritizes the health and well-being of its members by offering comprehensive healthcare packages, and second, it enhances their quality of life by granting vacation benefits, ultimately fostering a strong sense of support and community among its members.

Impact

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




Thursday, August 15, 2024

The Painting Industry Insurance Fund has a significant impact on the lives of approximately 6,114 eligible participants who are members of IUPAT, AFL-CIO, District Council No. 9 and its affiliated local unions. By providing major medical, hospital, and other healthcare benefits, as well as vacation benefits, this fund plays a crucial role in ensuring the well-being and security of its members. This support helps these individuals and their families access necessary healthcare services and enjoy time off for relaxation and rejuvenation, ultimately contributing to their overall welfare and quality of life.





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: $5,262,086
  • Program Service Revenue: $111,545,352
  • Gross Receipts: $128,581,079

    • Assets and Liabilities:
  • Total Assets: $174,883,059
  • Total Liabilities: $14,948,565
  • Net Assets: $159,934,494
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $110,216,270

    RETIREE CONTRIBUTIONS

    Revenue

    $647,820

    EMPLOYER LATE CHARGES

    Revenue

    $364,039

    COBRA CONTRIBUTIONS

    Revenue

    $317,223

    Organization Details

    Founding Year

    1948

    Principal Officer

    Joseph Azzopardi

    Main Address

    45 WEST 14TH STREET, NEW YORK, NY, 10011

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Painting Industry Insurance 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.