Steamfitters Lu No 420 Welfare Plan

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

EIN: 232715440 ✦ Philadelphia, PA ✦ Designated as a 501(c)(9)

Overview

What is Steamfitters Lu No 420 Welfare Plan?

The Steamfitters Lu No 420 Welfare Plan is a nonprofit organization primarily focused on providing various benefits to its eligible participants and their dependents. Located in Philadelphia, Pennsylvania, the organization offers sick, accident, health, vision, dental, death, and vacation benefits. This is the sole program service of the organization, and all revenues and expenses are allocated to this purpose. The mission of the Steamfitters Lu No 420 Welfare Plan is to ensure the wellbeing of its members by addressing their health and financial needs, providing essential coverage and resources to enhance their overall quality of life.


Is Steamfitters Lu No 420 Welfare Plan legitimate?

Steamfitters Lu No 420 Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Steamfitters Lu No 420 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: $217,226
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,043

For more financial information, click here


What is the mission statement of Steamfitters Lu No 420 Welfare Plan?
Who is the CEO of Steamfitters Lu No 420 Welfare Plan?
What is the revenue of Steamfitters Lu No 420 Welfare Plan?
Who are the executives of Steamfitters Lu No 420 Welfare Plan and what are their salaries?
Where can I find the form 990 for Steamfitters Lu No 420 Welfare Plan?

Mission Statement of Steamfitters Lu No 420 Welfare Plan

Steamfitters Lu No 420 Welfare Plan is a distinctive organization that extends vital benefits to its eligible members and their dependents. This nonprofit entity prioritizes the wellbeing of its participants by offering a comprehensive range of benefits.

The primary mission of Steamfitters Lu No 420 Welfare Plan is to provide essential sick, accident, health, vision, dental, death, and vacation benefits to its participants. These benefits serve as a safety net, ensuring that the individuals covered under this plan can weather unforeseen medical emergencies, accidents, or other life challenges. The welfare plan's commitment to its members' health and wellbeing is unwavering, and it strives to enhance their overall quality of life.

The benefits offered by Steamfitters Lu No 420 Welfare Plan are not limited to just the participants themselves. The plan extends these benefits to their dependents as well, thereby ensuring that families are taken care of in times of need. The plan's resources are primarily dedicated to this singular purpose, making it the crowning jewel of the organization's philanthropic endeavors.

In summary, Steamfitters Lu No 420 Welfare Plan is a beacon of support for its members and their families. By providing a comprehensive suite of benefits, the plan empowers its participants to face life's challenges with confidence, knowing that essential support is always within reach.

Impact

This information is meant to be a general summary of Steamfitters Lu No 420 Welfare Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Steamfitters Lu No 420 Welfare Plan's impact is significant in providing essential benefits such as sick, accident, health, vision, dental, death, and vacation benefits to its eligible participants and their dependents. By offering these crucial services, the plan plays a vital role in supporting the well-being and financial security of its members. This assistance enhances the quality of life for individuals and their families, ensuring they have access to necessary healthcare services and support during times of need. The plan's focus on mutual benefit underscores its commitment to serving the best interests of its participants, making a tangible and positive impact on their lives.





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: $422,380
  • Program Service Revenue: $89,777,732
  • Gross Receipts: $174,385,710

    • Assets and Liabilities:
  • Total Assets: $204,813,509
  • Total Liabilities: $6,969,697
  • Net Assets: $197,843,812
  • Programs

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

    RECEIPTS FROM EMPLOYER

    Revenue

    $74,504,595

    PARTICIPANT CONTRIBUTI

    Revenue

    $15,230,008

    Organization Details

    Founding Year

    1950

    Principal Officer

    Robert Winther

    Main Address

    14420 TOWNSEND ROAD B, PHILADELPHIA, PA, 191541028

    NTEE Category

    Code: Y40 - Mutual benefit

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