Division 1181 Atu - New York Welfare Fund

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

EIN: 237255573 ✦ Valley stream, NY ✦ Designated as a 501(c)(9)

Overview

What is Division 1181 Atu - New York Welfare Fund?

Division 1181 Atu - New York Welfare Fund is a nonprofit organization headquartered at 20 North Central Avenue in Valley Stream, New York, with a ZIP code 11580. The primary mission of this organization is to provide eligible participants with health and welfare benefits. With approximately 9,267 participants, the fund offers various benefits, including life, accident, disability, hospitalization, major medical, dental, prescription drug, and optical coverage for the participants and their dependents. The organization employs around 30 individuals and focuses on enhancing the well-being and health of those it serves.


Official website here: www.atu1181.org/nwfund.asp

Is Division 1181 Atu - New York Welfare Fund legitimate?

Division 1181 Atu - New York Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Division 1181 Atu - New York 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: $386,529
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,670,452

For more financial information, click here


Official website here: www.atu1181.org/nwfund.asp

What is the mission statement of Division 1181 Atu - New York Welfare Fund?

The Division 1181 Atu New York Welfare Fund is dedicated to providing health and welfare benefits to eligible participants and their dependents. The organization's primary focus is to ensure the well-being of its members by offering essential benefits such as life, accident, disability, hospitalization, major medical, dental, prescription drug, and optical coverage. These benefits aim to improve the overall health and quality of life for the fund's participants. Approximately 9,267 individuals are eligible to receive these benefits, which are designed to offer peace of mind and security during times of need.


Official website here: www.atu1181.org/nwfund.asp

Who is the CEO of Division 1181 Atu - New York Welfare Fund?

Michael Cordiello is the Union Trustee - Chairman of Division 1181 Atu - New York Welfare Fund.


Official website here: www.atu1181.org/nwfund.asp

What is the revenue of Division 1181 Atu - New York Welfare Fund?

Division 1181 Atu - New York Welfare Fund's revenue in 2022 was $124,286,953.


Official website here: www.atu1181.org/nwfund.asp

Who are the executives of Division 1181 Atu - New York Welfare Fund and what are their salaries?

The average compensation at Division 1181 Atu - New York Welfare Fund during 2022 was $68,566. There are 30 employees at Division 1181 Atu - New York Welfare Fund.

Here are 11 key members and their salaries:

    Michael Cordiello (Union Trustee - Chairman)
  • Compensation: $0
  • Related: $235,623
  • Other: $10,066

    • Tomas Fret Jr (Union Trustee)
  • Compensation: $0
  • Related: $218,585
  • Other: $20,543

    • Robert D'Ulisse (Fund Director)
  • Compensation: $205,458
  • Related: $0
  • Other: $20,543

    • Jean-Claude Calixte (Union Trustee)
  • Compensation: $0
  • Related: $194,559
  • Other: $20,543

    • Vincent Zito (Controller)
  • Compensation: $163,974
  • Related: $0
  • Other: $20,543

    • Anthony Cordiello (Union Trustee Eff, 7/22)
  • Compensation: $0
  • Related: $143,329
  • Other: $10,477

    • James P Hedge (Alt. Union Trustee Eff, 7/22)
  • Compensation: $17,097
  • Related: $0
  • Other: $0

    • Neil Strahl (Employer Trustee-Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Mancuso (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Corey Muirhead (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stanley Brettschneider (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.atu1181.org/nwfund.asp

    Where can I find the form 990 for Division 1181 Atu - New York Welfare Fund?

    The Division 1181 Atu - New York Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.atu1181.org/nwfund.asp

    Learn more at the official website: www.atu1181.org/nwfund.asp

    Mission Statement of Division 1181 Atu - New York Welfare Fund

    Division 1181 Atu-New York Welfare Fund is a nonprofit organization dedicated to providing health and welfare benefits to its eligible participants and their dependents. The primary mission of this charitable entity is to ensure the well-being of its members by offering a comprehensive range of benefits. These include protection against life-threatening conditions through life and accident insurance, financial assistance during periods of disability, and coverage for hospitalization and major medical expenses. Additionally, the fund extends its benefits to dental care, prescription drugs, and optical services, ensuring that its participants have access to essential healthcare services. Approximately 9,267 individuals were enrolled in the fund, receiving the essential benefits that help them maintain their overall health and well-being.

    Impact

    This information is meant to be a general summary of Division 1181 Atu - New York Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Division 1181 Atu - New York Welfare Fund's impact is significant as it provides health and welfare benefits to approximately 9,267 eligible participants and their dependents. The organization's primary mission is to offer life, accident, disability, hospitalization, major medical, dental, prescription drug, and optical benefits to those in need. By providing these essential services, the fund plays a crucial role in ensuring the well-being and healthcare access for a large number of individuals and families in Valley Stream, NY.





    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: $1,469,360
  • Program Service Revenue: $120,695,337
  • Gross Receipts: $124,286,953

    • Assets and Liabilities:
  • Total Assets: $94,779,317
  • Total Liabilities: $2,310,270
  • Net Assets: $92,469,047
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $109,302,776

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $11,344,423

    COBRA

    Revenue

    $48,138

    Organization Details

    Founding Year

    1983

    Principal Officer

    Michael Cordiello

    Main Address

    20 NORTH CENTRAL AVENUE, VALLEY STREAM, NY, 11580

    NTEE Category

    Code: Y40 - Mutual benefit

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