Bac Of Michigan Health And Welfare Fund

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

EIN: 382073681 ✦ Troy, MI ✦ Designated as a 501(c)(9)

Overview

What is Bac Of Michigan Health And Welfare Fund?

The Bac Of Michigan Health and Welfare Fund is a nonprofit organization located at 700 Tower Drive Suite 215, Troy, MI, 48098. Established with a mission to provide health, medical, dental, and vision benefits to eligible participants and their dependents or beneficiaries, the fund covers various aspects of care and support. It offers benefits for medical, surgical, and hospital care, as well as coverage during sickness, accidents, disability, death, or unemployment. Additionally, the fund provides dental, optical, and prescription drug care, ensuring comprehensive health coverage for its members. The organization, with a team of seven employees, is committed to deferring reasonable costs of administration to ensure the smooth operation of its services.


Official website here: www.dvtt.org

Is Bac Of Michigan Health And Welfare Fund legitimate?

Bac Of Michigan Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bac Of Michigan Health And 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: $398,170

For more financial information, click here


Official website here: www.dvtt.org

What is the mission statement of Bac Of Michigan Health And Welfare Fund?

The Bac Of Michigan Health and Welfare Fund is established with the primary objective of providing eligible employees, their dependents, and beneficiaries with medical, surgical, and hospital care, as well as benefits in cases of sickness, accident, disability, death, or unemployment. The Fund also offers dental, optical, and prescription drug care, in addition to covering reasonable costs of administration. Its mission is geared towards ensuring that those who are part of the fund have access to essential health care services and financial support during various life events.


Official website here: www.dvtt.org

Who is the CEO of Bac Of Michigan Health And Welfare Fund?

Paul Dunford is the Chairman of Bac Of Michigan Health And Welfare Fund.


Official website here: www.dvtt.org

What is the revenue of Bac Of Michigan Health And Welfare Fund?

Bac Of Michigan Health And Welfare Fund's revenue in 2022 was $16,424,172.


Official website here: www.dvtt.org

Who are the executives of Bac Of Michigan Health And Welfare Fund and what are their salaries?

The average compensation at Bac Of Michigan Health And Welfare Fund during 2022 was $56,881. There are 7 employees at Bac Of Michigan Health And Welfare Fund.

Here are 18 key members and their salaries:

    Paul Dunford (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $105,250
  • Other: $53,240

    • Jamers Brylowski (Trustee)
  • Compensation: $0
  • Related: $99,102
  • Other: $49,295

    • Brett Gierak (Trustee)
  • Compensation: $0
  • Related: $95,311
  • Other: $48,016

    • Jim Budd (Trustee)
  • Compensation: $0
  • Related: $95,217
  • Other: $47,151

    • Greg Lobodzinski (Trustee)
  • Compensation: $0
  • Related: $95,217
  • Other: $47,151

    • Daryl Nichols (Trustee)
  • Compensation: $0
  • Related: $95,217
  • Other: $47,151

    • Raul Zamarron (Trustee)
  • Compensation: $0
  • Related: $95,311
  • Other: $45,632

    • Aaron Pistor (Trustee)
  • Compensation: $0
  • Related: $95,258
  • Other: $45,623

    • Charles Kukawka (Former Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $112,298
  • Other: $24,766

    • Tom Binkowski (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Bracy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marino Censoni (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Harmon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Michielutti Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Meyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Oleksinski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norm Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Wilson (Former Trust) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dvtt.org

    Where can I find the form 990 for Bac Of Michigan Health And Welfare Fund?

    The Bac Of Michigan Health And Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.dvtt.org

    Learn more at the official website: www.dvtt.org

    Mission Statement of Bac Of Michigan Health And Welfare Fund

    Bac Of Michigan Health and Welfare Fund is a charitable organization dedicated to supplying eligible employees, their dependents, and beneficiaries with essential medical, surgical, and hospital care. The fund also ensures benefits during periods of sickness, accidents, disability, death, or unemployment. Furthermore, it offers dental, optical, and prescription drug care to enhance overall well-being. The mission of Bac Of Michigan Health and Welfare Fund involves managing reasonable administrative costs to effectively provide these benefits and care services.

    In more detail, Bac Of Michigan Health and Welfare Fund serves as a crucial safety net for its members, offering them access to comprehensive healthcare services. By providing medical, surgical, and hospital care, the fund ensures that its beneficiaries receive necessary treatments when they need it most. Moreover, the provision of benefits in the event of sickness, accidents, disability, death, or unemployment, adds an additional layer of protection for the individuals covered under the fund. This financial security gives them peace of mind and the ability to focus on their recovery or other pressing concerns.

    Besides these core offerings, the fund also caters to dental, optical, and prescription drug care needs. These additional benefits contribute significantly to the overall health and well-being of the individuals served by the fund. By managing the reasonable costs of administration, Bac Of Michigan Health and Welfare Fund remains committed to offering these extensive benefits packages to its eligible employees and their dependents or beneficiaries.

    Impact

    This information is meant to be a general summary of Bac Of Michigan Health And 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 Bac Of Michigan Health And Welfare Fund is evident in the provision of health, medical, dental, and vision benefits to eligible participants and their dependents. By offering coverage for medical, surgical, and hospital care, as well as benefits in cases of sickness, accident, disability, and death, the fund plays a crucial role in supporting the well-being and healthcare needs of its members. Additionally, by covering expenses for dental, optical, and prescription drug care, the fund helps ensure comprehensive healthcare coverage for those it serves. Through these essential services, Bac Of Michigan Health And Welfare Fund contributes to the overall health and welfare of its beneficiaries, promoting their physical and financial security.





    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: $128,093
  • Program Service Revenue: $15,942,560
  • Gross Receipts: $20,618,149

    • Assets and Liabilities:
  • Total Assets: $17,164,198
  • Total Liabilities: $6,815,622
  • Net Assets: $10,348,576
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $14,433,777

    PARTICIPANT SELF-PAYMENTS

    Revenue

    $1,508,783

    Organization Details

    Founding Year

    1974

    Principal Officer

    Paul Dunford

    Main Address

    700 TOWER DRIVE SUITE 215, TROY, MI, 48098

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Bac Of Michigan Health And Welfare Fund 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.