Fox Valley Laborers Health & Welfare Fnd

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

EIN: 366219639 ✦ Elgin, IL ✦ Designated as a 501(c)(9)

Overview

What is Fox Valley Laborers Health & Welfare Fnd?

The Fox Valley Laborers Health & Welfare Fnd is a nonprofit organization based in Elgin, Illinois, specifically located at 2371 Bowes Road 500. Their primary mission is to extend essential medical, dental, vision, temporary disability, and death benefits to eligible members and their dependents. As of May 31, 2022, there were approximately 1,933 eligible participants enrolled in their program. The organization's workforce consists of 55 employees dedicated to executing their mission.


Is Fox Valley Laborers Health & Welfare Fnd legitimate?

Fox Valley Laborers Health & Welfare Fnd is a legitimate nonprofit organization registered as a 501(c)(9) entity. Fox Valley Laborers Health & Welfare Fnd 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: $590,016

For more financial information, click here


What is the mission statement of Fox Valley Laborers Health & Welfare Fnd?
Who is the CEO of Fox Valley Laborers Health & Welfare Fnd?
What is the revenue of Fox Valley Laborers Health & Welfare Fnd?
Who are the executives of Fox Valley Laborers Health & Welfare Fnd and what are their salaries?
Where can I find the form 990 for Fox Valley Laborers Health & Welfare Fnd?

Mission Statement of Fox Valley Laborers Health & Welfare Fnd

Fox Valley Laborers Health & Welfare Fnd is a nonprofit organization dedicated to extending essential medical, dental, vision, temporary disability, and death benefits to eligible members and their dependents. Their primary goal is to ensure the wellbeing of their members by providing them with comprehensive health coverage.

At May 31, 2022, there were 1,933 eligible participants availing of the benefits offered by Fox Valley Laborers Health & Welfare Fnd. This figure underscores the organization's significant reach and impact within its community.

By offering these vital services, Fox Valley Laborers Health & Welfare Fnd works towards enhancing the quality of life of its members. In the face of medical emergencies, unexpected disabilities, or the loss of a loved one, the organization's benefits serve as a crucial safety net. The organization's commitment to the health and wellbeing of its members is unwavering, making it an essential resource within its community.

Impact

This information is meant to be a general summary of Fox Valley Laborers Health & Welfare Fnd. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Fox Valley Laborers Health & Welfare Fnd makes a tangible impact by providing crucial medical, dental, vision, temporary disability, and death benefits to eligible members and their dependents. With 1,933 eligible participants as of May 31, 2022, this organization ensures that its members have access to essential healthcare services and financial protection in times of need. By offering these benefits, Fox Valley Laborers Health & Welfare Fnd contributes to the well-being and security of its members, supporting them in maintaining their health and providing a safety net for unforeseen circumstances.





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: $8,274,118
  • Program Service Revenue: $36,304,590
  • Gross Receipts: $57,154,274

    • Assets and Liabilities:
  • Total Assets: $118,401,863
  • Total Liabilities: $25,508,838
  • Net Assets: $92,893,025
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $33,986,305

    MEMBER CONTRIBUTIONS

    Revenue

    $2,179,804

    MEDICARE D SUBSIDIES

    Revenue

    $138,481

    Organization Details

    Founding Year

    1968

    Principal Officer

    Mark Castelvecchi

    Main Address

    2371 BOWES ROAD 500, ELGIN, IL, 601235523

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Fox Valley Laborers Health & Welfare Fnd 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.