Plumbers Local 98 Insurance Fund

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

EIN: 386447251 ✦ Troy, MI ✦ Designated as a 501(c)(9)

Overview

What is Plumbers Local 98 Insurance Fund?

Plumbers Local 98 Insurance Fund is a Michigan-based multiemployer benefit fund, serving as an essential resource for members of Plumbers Local 98 and their beneficiaries and dependents. This Taft-Hartley Fund covers a range of benefits, including hospital and medical care, prescription medication, dental services, life insurance, vision and hearing coverage, and disability assistance. By providing these benefits in accordance with the collective bargaining agreement, the Plumbers Local 98 Insurance Fund ensures the well-being of its members and their families. With a workforce of approximately 50 individuals, the Fund remains committed to offering comprehensive support and peace of mind to those in the plumbing industry.


Is Plumbers Local 98 Insurance Fund legitimate?

Plumbers Local 98 Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers Local 98 Insurance 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 Plumbers Local 98 Insurance Fund?
Who is the CEO of Plumbers Local 98 Insurance Fund?
What is the revenue of Plumbers Local 98 Insurance Fund?
Who are the executives of Plumbers Local 98 Insurance Fund and what are their salaries?
Where can I find the form 990 for Plumbers Local 98 Insurance Fund?

Mission Statement of Plumbers Local 98 Insurance Fund

Plumbers Local 98 Insurance Fund, a Taft-Hartley multi-employer fund, plays a crucial role in enhancing the wellbeing of Plumbers Local 98 members and their families. This organization offers a comprehensive range of benefits, including hospital, medical, prescription, dental, life, vision, hearing, disability, and other supplemental coverage. These benefits are extended to the members of Plumbers Local 98, their beneficiaries, and dependents, in accordance with the collective bargaining agreement. The primary mission of Plumbers Local 98 Insurance Fund is to ensure that the workforce in the plumbing industry has access to essential healthcare services, safeguarding their financial and health security. By providing these benefits, the fund enables members to focus on their work, improve their quality of life, and maintain their overall wellbeing. In essence, Plumbers Local 98 Insurance Fund acts as a safety net, offering peace of mind and stability to the plumbing community.

Impact

This information is meant to be a general summary of Plumbers Local 98 Insurance Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Plumbers Local 98 Insurance Fund's impact lies in providing essential hospital, medical, prescription, dental, life, vision, hearing, disability, and other supplemental benefits for the members of Plumbers Local 98 and their beneficiaries and dependents. This contributes significantly to the well-being and quality of life of those within the Plumbers Local 98 community by ensuring access to necessary healthcare services and financial protection. The Fund plays a crucial role in supporting the physical health and financial security of its members, thereby enhancing their overall quality of life.





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: $-263,538
  • Program Service Revenue: $14,890,016
  • Gross Receipts: $20,591,962

    • Assets and Liabilities:
  • Total Assets: $21,054,368
  • Total Liabilities: $151,807
  • Net Assets: $20,902,561
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $12,729,640

    SELF PAYMENT CONTRIBUTIONS

    Revenue

    $2,160,376

    Organization Details

    Founding Year

    1982

    Principal Officer

    Jon Deroo

    Main Address

    700 TOWER DRIVE, TROY, MI, 480982808

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Plumbers Local 98 Insurance 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.