Iron Workers Local 8 Welfare Fund

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

EIN: 390855190 ✦ Milwaukee, WI ✦ Designated as a 501(c)(9)

Overview

What is Iron Workers Local 8 Welfare Fund?

The Iron Workers Local 8 Welfare Fund is a charitable organization based in Milwaukee, Wisconsin (WI, 53214). With a workforce of 30 employees, its mission is to extend essential benefits to eligible members. The benefits package includes protection against accidents, comprehensive healthcare, dental coverage, vision care, loss of time compensation, prescription drug assistance, and even death benefits. These perks extend to the participants' spouses and dependents as well.


Is Iron Workers Local 8 Welfare Fund legitimate?

Iron Workers Local 8 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iron Workers Local 8 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 Iron Workers Local 8 Welfare Fund?
Who is the CEO of Iron Workers Local 8 Welfare Fund?
What is the revenue of Iron Workers Local 8 Welfare Fund?
Who are the executives of Iron Workers Local 8 Welfare Fund and what are their salaries?
Where can I find the form 990 for Iron Workers Local 8 Welfare Fund?

Mission Statement of Iron Workers Local 8 Welfare Fund

Iron Workers Local 8 Welfare Fund is a missions-driven organization dedicated to extending crucial benefits to eligible participants and their dependents. The primary objective of this welfare fund is to ensure accident, health, dental, vision, loss of time, prescription drug, and death coverage for those who qualify.

In simple terms, the Iron Workers Local 8 Welfare Fund serves as a safety net for its members by providing essential benefits, safeguarding them against unforeseen medical expenses or unforeseen circumstances. This coverage not only extends to the participants themselves but also to their spouses and dependents, offering a sense of security and peace of mind.

This welfare fund's mission is to alleviate the financial burden of medical costs and offer protection during times of need. By providing a comprehensive range of benefits, Iron Workers Local 8 Welfare Fund empowers its members to focus on their well-being and that of their loved ones, rather than worrying about financial constraints. In doing so, it fortifies the community of iron workers, allowing them to build a safe and secure future together.

Impact

This information is meant to be a general summary of Iron Workers Local 8 Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Iron Workers Local 8 Welfare Fund plays a crucial role in providing accident, health, dental, vision, loss of time, prescription drug, and death benefits to eligible participants, spouses, and dependents. By offering these essential benefits, the fund directly supports the well-being and financial security of its members and their families in Milwaukee, WI. This assistance helps ensure that individuals have access to vital healthcare services and financial protection in times of need.





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: $5,090,613
  • Program Service Revenue: $15,265,572
  • Gross Receipts: $30,790,460

    • Assets and Liabilities:
  • Total Assets: $49,277,727
  • Total Liabilities: $1,356,683
  • Net Assets: $47,921,044
  • Programs

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

    EMPLOYERS' CONTRIB. NET

    Revenue

    $12,051,392

    SELF-PAYMENT CONTRIB.

    Revenue

    $3,214,180

    Organization Details

    Founding Year

    1952

    Principal Officer

    Charlie Falkner

    Main Address

    12034 WEST ADLER LANE, MILWAUKEE, WI, 53214

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Iron Workers Local 8 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.