Plumbers And Steamfitters Local No 7 Welfare Fund

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

EIN: 146029930 ✦ Latham, NY ✦ Designated as a 501(c)(9)

Overview

What is Plumbers And Steamfitters Local No 7 Welfare Fund?

Plumbers and Steamfitters Local No 7 Welfare Fund is a nonprofit organization based in Latham, New York, specifically located at 18 Avis Drive, ZIP code 12110. With a small team of four individuals, this fund operates with the primary mission to extend insurance and healthcare coverage to union members under Local No. 7. The benefits encompass various expenses related to hospital stays, x-rays, laboratory fees, surgical procedures, and additional costs, ensuring comprehensive care for union members.


Is Plumbers And Steamfitters Local No 7 Welfare Fund legitimate?

Plumbers And Steamfitters Local No 7 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers And Steamfitters Local No 7 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: $151,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,550

For more financial information, click here


What is the mission statement of Plumbers And Steamfitters Local No 7 Welfare Fund?
Who is the CEO of Plumbers And Steamfitters Local No 7 Welfare Fund?
What is the revenue of Plumbers And Steamfitters Local No 7 Welfare Fund?
Who are the executives of Plumbers And Steamfitters Local No 7 Welfare Fund and what are their salaries?
Where can I find the form 990 for Plumbers And Steamfitters Local No 7 Welfare Fund?

Mission Statement of Plumbers And Steamfitters Local No 7 Welfare Fund

Plumbers and Steamfitters Local No 7 Welfare Fund is a nonprofit organization dedicated to extending benefits to its union members. This fund's primary mission is to ensure the wellbeing of Local No 7 members by providing them with essential insurance and healthcare coverage. The fund's commitment encompasses hospital, X-ray, and lab fees, surgical and medical expenses, and various other associated costs. This comprehensive coverage empowers union members to focus on their professional endeavors without the added burden of financial stress in times of health-related issues. The fund's diligent efforts to cater to the healthcare needs of its members ultimately contribute to the overall strength and cohesion of the labor community.

Impact

This information is meant to be a general summary of Plumbers And Steamfitters Local No 7 Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Plumbers And Steamfitters Local No 7 Welfare Fund plays a vital role in providing essential insurance and healthcare coverage for hospital services, x-rays, lab fees, surgical procedures, medical expenses, and other related costs for its union members. This support is crucial in ensuring that members have access to necessary medical care without facing significant financial burdens. By offering these benefits, the fund contributes directly to the well-being and stability of Local No. 7 union members in Latham, NY.





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: $3,198,335
  • Program Service Revenue: $14,203,157
  • Gross Receipts: $127,101,961

    • Assets and Liabilities:
  • Total Assets: $86,326,507
  • Total Liabilities: $214,640
  • Net Assets: $86,111,867
  • Programs

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

    EMPLOYER CONTRIBUTION

    Revenue

    $14,203,157

    Organization Details

    Founding Year

    1958

    Principal Officer

    Edward Nadeau

    Main Address

    18 AVIS DRIVE, LATHAM, NY, 121102605

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Plumbers And Steamfitters Local No 7 Welfare 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.