Insulators Local No 2 Welfare Fund

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

EIN: 256030310 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

Overview

What is Insulators Local No 2 Welfare Fund?

The Asbestos Workers Local No #2 Welfare Fund is a non-profit organization based in Pittsburgh, Pennsylvania. Established to serve the members of the Asbestos Workers local union #2, the Fund provides comprehensive health and welfare benefits. By offering these essential services, the organization ensures its members' well-being, contributing significantly to their overall quality of life.


Is Insulators Local No 2 Welfare Fund legitimate?

Insulators Local No #2 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Insulators Local No #2 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Insulators Local No 2 Welfare Fund?
Who is the CEO of Insulators Local No 2 Welfare Fund?
What is the revenue of Insulators Local No 2 Welfare Fund?
Who are the executives of Insulators Local No 2 Welfare Fund and what are their salaries?
Where can I find the form 990 for Insulators Local No 2 Welfare Fund?

Mission Statement of Insulators Local No 2 Welfare Fund

Insulators Local No #2 Welfare Fund is a distinguished non-profit organization dedicated to extending health and welfare benefits to the members of Asbestos Workers local union #2. The mission of this charitable institution is to ensure the well-being of its union members by providing essential services and support.

By offering a range of health and welfare benefits, Insulators Local No #2 Welfare Fund demonstrates its commitment to the welfare of its union members. This non-profit organization goes above and beyond by addressing the diverse needs of its beneficiaries, providing them with access to crucial resources that enhance their overall quality of life.

In practice, Insulators Local No #2 Welfare Fund functions as a safety net for its members, offering them financial assistance and essential services. Through this support, the organization enables its members to focus on their personal and professional growth, without the added burden of worrying about their well-being. In summary, Insulators Local No #2 Welfare Fund plays a pivotal role in the lives of its union members, promoting their health and overall well-being.

Impact

This information is meant to be a general summary of Insulators Local No 2 Welfare 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 Insulators Local No 2 Welfare Fund is significant in providing health and welfare benefits to members of the Asbestos Workers local union #2. This support is crucial in ensuring the well-being and livelihood of union members and their families. The fund plays a vital role in helping these individuals access necessary healthcare services and financial assistance, ultimately contributing to the overall welfare of the union members.





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: $-291,854
  • Program Service Revenue: $16,899,630
  • Gross Receipts: $24,365,051

    • Assets and Liabilities:
  • Total Assets: $35,666,325
  • Total Liabilities: $237,492
  • Net Assets: $35,428,833
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $13,827,337

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $1,737,792

    401h BENEFIT CONTRIBUTIONS

    Revenue

    $1,334,501

    Organization Details

    Founding Year

    1961

    Principal Officer

    James Cassidy

    Main Address

    5 Hot Metal Street, Pittsburgh, PA, 15203

    NTEE Category

    Code: Y40 - Mutual benefit

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