Painters And Allied Trades District Council 82 Health Care Fund

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

EIN: 237111727 ✦ Bloomington, MN ✦ Designated as a 501(c)(9)

Overview

What is Painters And Allied Trades District Council 82 Health Care Fund?

The Painters and Allied Trades District Council 82 Health Care Fund is a nonprofit organization based in Bloomington, Minnesota, with a US address at 3001 Metro Drive 500. Its mission is to offer health care benefits to workers employed in the painting, drywall taping, and allied trades, under the terms of agreement with Painters and Allied Trades District Council 82 and the Minnesota Painting and Wallcovering Employers Association. With a workforce of 37 employees, the organization provides essential health care benefits for eligible participants and their dependents, as detailed in their summary plan description.


Is Painters And Allied Trades District Council 82 Health Care Fund legitimate?

Painters And Allied Trades District Council 82 Health Care Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Painters And Allied Trades District Council 82 Health Care 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: $0

For more financial information, click here


What is the mission statement of Painters And Allied Trades District Council 82 Health Care Fund?
Who is the CEO of Painters And Allied Trades District Council 82 Health Care Fund?
What is the revenue of Painters And Allied Trades District Council 82 Health Care Fund?
Who are the executives of Painters And Allied Trades District Council 82 Health Care Fund and what are their salaries?
Where can I find the form 990 for Painters And Allied Trades District Council 82 Health Care Fund?

Mission Statement of Painters And Allied Trades District Council 82 Health Care Fund

Painters and Allied Trades District Council 82 Health Care Fund is a non-profit organization dedicated to providing health benefits for eligible participants and their dependents. The Fund's mission is to make health care coverage accessible to individuals working in the painting, drywall taping, and related trades that fall under the terms of agreement between Painters and Allied Trades District Council 82 and the Minnesota Painting and Wallcovering Employers Association.

In essence, the Health Care Fund serves as a safety net for workers in these specific trades, ensuring they have access to essential health care services. By pooling resources, the Fund is able to offer comprehensive coverage that might not be available to them individually. The organization's commitment to the well-being of its members is reflected in its mission to pay health care benefits as outlined in the Summary Plan Description.

The Painters and Allied Trades District Council 82 Health Care Fund is an integral part of the larger labor movement, working in partnership with the Council and the Employers Association to secure and administer health care benefits for covered participants. By providing affordable and reliable health care, the Fund enables its members to focus on their work and their families, rather than worrying about their medical needs and expenses. Through its unwavering dedication to health care coverage, the Painters and Allied Trades District Council 82 Health Care Fund is an indispensable resource for the painting and allied trades community.

Impact

This information is meant to be a general summary of Painters And Allied Trades District Council 82 Health Care Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of the Painters And Allied Trades District Council 82 Health Care Fund is direct and practical, as it provides essential health care benefits to covered participants working in specific trades under agreements with relevant associations. By offering health care coverage to eligible participants and their dependents as outlined in the plan description, this fund plays a crucial role in ensuring the well-being and security of those working in the painting, drywall taping, and related trades in the Bloomington, MN area.





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: $135,873
  • Program Service Revenue: $40,048,294
  • Gross Receipts: $54,763,455

    • Assets and Liabilities:
  • Total Assets: $49,212,878
  • Total Liabilities: $201,779
  • Net Assets: $49,011,099
  • Programs

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

    EMPLOYER CONTRIBUTIONS - NET

    Revenue

    $36,337,990

    SELF-PAY CONTRIBUTIONS

    Revenue

    $1,932,168

    PRESCRIPTION REBATES

    Revenue

    $1,305,777

    STOP-LOSS REIMBURSEMENTS

    Revenue

    $449,803

    LIQUIDATED DAMAGES

    Revenue

    $18,116

    Organization Details

    Founding Year

    1961

    Principal Officer

    Jeff Stark

    Main Address

    3001 METRO DRIVE 500, BLOOMINGTON, MN, 55425

    NTEE Category

    Code: Y40 - Mutual benefit

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