Cement Masons Union Local No 592 Welfare Plan

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

EIN: 231578380 ✦ Philadelphia, PA ✦ Designated as a 501(c)(9)

Overview

What is Cement Masons Union Local No 592 Welfare Plan?

Cement Masons Union Local No 592 Welfare Plan is a nonprofit organization based in Philadelphia, Pennsylvania, specifically located at 7821 Bartram Avenue 102, ZIP code 19153. Their primary mission is to offer essential benefits to the union's members and their dependents or designated beneficiaries. These benefits include medical, hospital, surgical, death, weekly disability income, and medicine reimbursements. The organization's purpose is to ensure the financial well-being and support of its union members by providing life, sick, accident, and other vital benefits.


Is Cement Masons Union Local No 592 Welfare Plan legitimate?

Cement Masons Union Local No 592 Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cement Masons Union Local No 592 Welfare 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,892

For more financial information, click here


What is the mission statement of Cement Masons Union Local No 592 Welfare Plan?
Who is the CEO of Cement Masons Union Local No 592 Welfare Plan?
What is the revenue of Cement Masons Union Local No 592 Welfare Plan?
Who are the executives of Cement Masons Union Local No 592 Welfare Plan and what are their salaries?
Where can I find the form 990 for Cement Masons Union Local No 592 Welfare Plan?

Mission Statement of Cement Masons Union Local No 592 Welfare Plan

Cement Masons Union Local No 592 Welfare Plan is a health and welfare fund dedicated to providing benefits to its union members and their dependents or designated beneficiaries. The primary mission of this organization revolves around the payment of various forms of benefits including life, sick, accident, and other related coverage.

Established to cater to the needs of Cement Masons Union Local 592 members, this Welfare Plan offers a comprehensive range of benefits. Among these benefits are medical, hospital, and surgical coverage, ensuring that members and their families receive adequate healthcare services when required. Furthermore, the Plan extends support through death benefits, weekly disability income, and medicine reimbursements. By providing these essential services, the Welfare Plan plays a significant role in enhancing the overall well-being and financial security of its members.

In essence, Cement Masons Union Local No 592 Welfare Plan acts as a safety net for its union members, offering a sense of security and peace of mind during times of adversity. The organization's commitment to its members' welfare is exemplified through its diverse range of benefits, which are designed to cater to various aspects of their lives. The Welfare Plan's mission is to alleviate the financial burden and stress that may arise due to health-related issues or unforeseen circumstances, ultimately enabling its members to focus on their personal and professional growth.

Impact

This information is meant to be a general summary of Cement Masons Union Local No 592 Welfare Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Cement Masons Union Local No 592 Welfare Plan has a direct impact on its members and their families by providing essential benefits such as medical, hospital, surgical, death, weekly disability income, and medicine reimbursements. This support helps ensure that members and their loved ones have access to necessary healthcare services and financial protection in times of need. Additionally, the plan contributes to the overall well-being and security of union members, promoting a sense of solidarity and mutual benefit within the 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: $880,612
  • Program Service Revenue: $11,111,197
  • Gross Receipts: $37,281,395

    • Assets and Liabilities:
  • Total Assets: $28,352,479
  • Total Liabilities: $517,328
  • Net Assets: $27,835,151
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $9,514,288

    VACATION CONTRIBUTIONS

    Revenue

    $1,241,476

    RETIREE & MEDICARE CONTRIBUTIONS

    Revenue

    $302,348

    COBRA CONTRIBUTIONS

    Revenue

    $33,232

    SELF PAY CONTRIBUTIONS

    Revenue

    $19,853

    Organization Details

    Founding Year

    1960

    Principal Officer

    Mark Wildsmith

    Main Address

    7821 BARTRAM AVENUE 102, PHILADELPHIA, PA, 19153

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Cement Masons Union Local No 592 Welfare Plan 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.