Steamfitters Local Union 475 Welfare Fund

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

EIN: 221516999 ✦ Warren, NJ ✦ Designated as a 501(c)(9)

Overview

What is Steamfitters Local Union 475 Welfare Fund?

Steamfitters Local Union #475 Welfare Fund is a New Jersey-based nonprofit organization located at 136 Mount Bethel Road, Warren, with a total workforce of 298 employees. Their primary mission is to provide essential health and welfare benefits to members and their dependents, as outlined in their collective bargaining agreement. The organization focuses on ensuring the well-being of its participants, offering medical and death benefits to enhance their overall quality of life.


Is Steamfitters Local Union 475 Welfare Fund legitimate?

Steamfitters Local Union #475 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Steamfitters Local Union #475 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: $111,278

For more financial information, click here


What is the mission statement of Steamfitters Local Union 475 Welfare Fund?
Who is the CEO of Steamfitters Local Union 475 Welfare Fund?
What is the revenue of Steamfitters Local Union 475 Welfare Fund?
Who are the executives of Steamfitters Local Union 475 Welfare Fund and what are their salaries?
Where can I find the form 990 for Steamfitters Local Union 475 Welfare Fund?

Mission Statement of Steamfitters Local Union 475 Welfare Fund

Steamfitters Local Union #475 Welfare Fund is a dedicated organization that extends health and welfare benefits to individuals covered under the collective bargaining agreement. In simpler terms, this fund prioritizes the wellbeing of its participants by offering essential medical and death benefits.

The mission of this fund is twofold. Firstly, it prioritizes the health of its members and their dependents, ensuring they have access to necessary medical care when needed. Secondly, it provides peace of mind by offering death benefits, offering financial support during the most challenging times. By doing so, Steamfitters Local Union #475 Welfare Fund plays a vital role in maintaining the overall wellbeing and stability of those it serves.

Impact

This information is meant to be a general summary of Steamfitters Local Union 475 Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Steamfitters Local Union 475 Welfare Fund directly impacts the lives of its members by providing crucial health and welfare benefits as outlined in the collective bargaining agreement. This includes medical coverage and death benefits for both members and their dependents. By offering these essential benefits, the fund contributes to the overall well-being and stability of its participants in Warren, New Jersey. This direct support plays a vital role in ensuring the health and security of union members and their families, aligning with its mission to provide necessary support to those covered under the collective bargaining agreement.





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: $492,365
  • Program Service Revenue: $14,314,841
  • Gross Receipts: $16,101,072

    • Assets and Liabilities:
  • Total Assets: $43,830,337
  • Total Liabilities: $631,224
  • Net Assets: $43,199,113
  • Programs

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

    EMPLOYERS CONTRIBUTIONS

    Revenue

    $14,314,841

    Organization Details

    Founding Year

    1951

    Principal Officer

    Kim Devizio

    Main Address

    136 MOUNT BETHEL ROAD, WARREN, NJ, 07060

    NTEE Category

    Code: Y43 - Mutual benefit

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