Plumbers Local Union No 690 Health Plan

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

EIN: 231512313 ✦ Philadelphia, PA ✦ Designated as a 501(c)(9)

Overview

What is Plumbers Local Union No 690 Health Plan?

Plumbers Local Union No 690 Health Plan is a nonprofit organization based in Philadelphia, Pennsylvania, with the address 2791 Southampton Road. Their primary mission is to offer health and welfare benefits to participants and their dependents. This is the sole program and service of the organization, with all revenues and expenses dedicated to this purpose. The plan aims to provide essential health benefits to its members, ensuring their overall well-being.


Is Plumbers Local Union No 690 Health Plan legitimate?

Plumbers Local Union No 690 Health Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers Local Union No 690 Health Plan 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: $262,721
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,298

For more financial information, click here


What is the mission statement of Plumbers Local Union No 690 Health Plan?
Who is the CEO of Plumbers Local Union No 690 Health Plan?
What is the revenue of Plumbers Local Union No 690 Health Plan?
Who are the executives of Plumbers Local Union No 690 Health Plan and what are their salaries?
Where can I find the form 990 for Plumbers Local Union No 690 Health Plan?

Mission Statement of Plumbers Local Union No 690 Health Plan

Plumbers Local Union No 690 Health Plan is a mission-driven organization dedicated to supplying health and welfare benefits to its participants and their dependents. The primary focus of this nonprofit entity is to ensure the wellbeing of its members by offering an extensive range of health-related services.

In essence, Plumbers Local Union No 690 Health Plan functions as a provider of essential health benefits aimed at enhancing the quality of life for union members and their families. By focusing on this single yet vital program service, the organization ensures that all revenues and expenditures are allocated specifically towards achieving this goal.

The organization's commitment to the health and welfare of its members is unwavering. Through the provision of health benefits, Plumbers Local Union No 690 Health Plan empowers its participants to lead healthier lives, focus on their personal growth, and confront any challenges that may come their way with increased confidence and resilience. By offering a comprehensive suite of health benefits, the organization plays a pivotal role in safeguarding the wellbeing of its members, ultimately contributing to a stronger and more vibrant community.

Impact

This information is meant to be a general summary of Plumbers Local Union No 690 Health Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Plumbers Local Union No 690 Health Plan plays a crucial role in providing health and welfare benefits to its plan participants and their dependents. By offering these essential services, the health plan contributes to the overall well-being and quality of life for its members. It ensures that members have access to necessary healthcare services and support, which can positively impact their health outcomes and financial security. Additionally, the health plan's efforts help to maintain the health and productivity of the workforce within the Plumbers Local Union No 690, ultimately benefiting both the individuals involved and the broader 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: $1,561,555
  • Program Service Revenue: $27,954,917
  • Gross Receipts: $45,296,718

    • Assets and Liabilities:
  • Total Assets: $59,231,850
  • Total Liabilities: $3,962,636
  • Net Assets: $55,269,214
  • Programs

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

    RECEIPTS FROM EMPLOYER

    Revenue

    $25,199,543

    PARTICIPANT CONTRIBUTI

    Revenue

    $1,375,588

    PRESCRIPTION REBATES

    Revenue

    $1,246,329

    EXPENSE REIMBURSEMENT

    Revenue

    $133,457

    Organization Details

    Founding Year

    1954

    Principal Officer

    Thomas J Mcnulty

    Main Address

    2791 SOUTHAMPTON ROAD, PHILADELPHIA, PA, 19154

    NTEE Category

    Code: Y40 - Mutual benefit

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