Local 342 Health Care Fund

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

EIN: 135626340 ✦ Bohemia, NY ✦ Designated as a 501(c)(9)

Overview

What is Local 342 Health Care Fund?

The Local 342 Health Care Fund is a nonprofit organization situated at 1461 Lakeland Ave, Suite 1, in Bohemia, New York (NY), with the ZIP code 11716. Their primary mission is to extend health and welfare benefits to eligible participants and their dependents. Through their initiatives, they aim to improve the overall well-being of those they serve.


Is Local 342 Health Care Fund legitimate?

Local 342 Health Care Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 342 Health Care 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: $1,148,467

For more financial information, click here


What is the mission statement of Local 342 Health Care Fund?
Who is the CEO of Local 342 Health Care Fund?
What is the revenue of Local 342 Health Care Fund?
Who are the executives of Local 342 Health Care Fund and what are their salaries?
Where can I find the form 990 for Local 342 Health Care Fund?

Mission Statement of Local 342 Health Care Fund

Local 342 Health Care Fund is a nonprofit organization dedicated to extending health and welfare benefits to eligible participants and their dependents. Established with a clear mission, this fund prioritizes the well-being of its members, offering them essential coverage and support when they need it most.

By providing health and welfare benefits, Local 342 Health Care Fund assumes a critical role in the lives of those it serves. The organization goes beyond the basics, ensuring that its beneficiaries have access to comprehensive coverage that caters to their unique needs. In doing so, Local 342 Health Care Fund plays a significant part in promoting overall health and well-being, allowing its members to focus on their daily lives with peace of mind.

Local 342 Health Care Fund's commitment to its mission is unwavering. The organization works diligently to maintain and expand its offerings, ensuring that eligible participants and their dependents are able to access the benefits they require to live healthy, productive lives. Through its unwavering dedication, Local 342 Health Care Fund continues to make a positive impact on the lives of those it serves.

Impact

This information is meant to be a general summary of Local 342 Health Care Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Local 342 Health Care Fund plays a crucial role in providing health and welfare benefits to eligible participants and their dependents. By offering these essential services, the fund ensures that individuals have access to necessary healthcare resources, contributing to their overall well-being and quality of life. This direct impact helps support members in meeting their healthcare needs, promoting a healthier and more secure 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: $3,276
  • Program Service Revenue: $24,047,811
  • Gross Receipts: $24,300,826

    • Assets and Liabilities:
  • Total Assets: $3,307,873
  • Total Liabilities: $298,609
  • Net Assets: $3,009,264
  • Programs

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

    EMPLOYER CONTRIBUTION

    Revenue

    $24,038,089

    PARTICIPANT COBRA CONTRIBUTIONS

    Revenue

    $9,722

    Organization Details

    Founding Year

    1975

    Principal Officer

    Debra Dunn

    Main Address

    1461 LAKELAND AVE SUITE 1, BOHEMIA, NY, 11716

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Local 342 Health Care 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.