Plumbers' & Pipefitters' Welfare Educational Fund

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

EIN: 430657966 ✦ Earth city, MO ✦ Designated as a 501(c)(9)

Overview

What is Plumbers' & Pipefitters' Welfare Educational Fund?

The Plumbers' & Pipefitters' Welfare Educational Fund is a nonprofit organization dedicated to providing various health and welfare benefits to members of the Plumbers and Pipefitters Union Local 562. Based in Earth City, Missouri, the organization's mission is to support the well-being and education of its members. With a workforce of 724 employees, the Plumbers' & Pipefitters' Welfare Educational Fund offers an array of benefits, including disability coverage, dental, vision, and eyeglasses, life and accidental death insurance, vacation and holidays, severance pay, sub pay, prescription drugs, sickness and hospital coverage, building fund, health center, and apprentice training benefits. The organization's commitment to the welfare of its members exemplifies its goal to enhance their overall quality of life.


Is Plumbers' & Pipefitters' Welfare Educational Fund legitimate?

Plumbers' & Pipefitters' Welfare Educational Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers' & Pipefitters' Welfare Educational 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: $456,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,893,298

For more financial information, click here


What is the mission statement of Plumbers' & Pipefitters' Welfare Educational Fund?
Who is the CEO of Plumbers' & Pipefitters' Welfare Educational Fund?
What is the revenue of Plumbers' & Pipefitters' Welfare Educational Fund?
Who are the executives of Plumbers' & Pipefitters' Welfare Educational Fund and what are their salaries?

The average compensation at Plumbers' & Pipefitters' Welfare Educational Fund during 2022 was $8,770. There are 724 employees at Plumbers' & Pipefitters' Welfare Educational Fund.

Here are 17 key members and their salaries:


Where can I find the form 990 for Plumbers' & Pipefitters' Welfare Educational Fund?

Mission Statement of Plumbers' & Pipefitters' Welfare Educational Fund

The Plumbers' & Pipefitters' Welfare Educational Fund is a nonprofit organization dedicated to offering health and welfare benefits to members of the Plumbers and Pipefitters Union Local 562. The mission of this fund is to provide comprehensive support and resources that cater to the wellbeing of its union members.

In layman's terms, this fund serves as a safety net for Plumbers and Pipefitters Union Local 562 members by ensuring they have access to essential benefits. These benefits encompass various aspects of their health and well-being, including disability coverage, dental and vision care, life and accidental death insurance, vacation and holiday pay, severance benefits, prescription drugs, sickness and hospitalization assistance, a building fund, health center access, and apprentice training programs.

The Plumbers' & Pipefitters' Welfare Educational Fund's commitment to the union members' wellbeing goes beyond basic health benefits. It also offers an educational aspect to help its members expand their skillset and knowledge, further improving their professional growth and financial security.

By providing a range of extensive benefits tailored to the needs of Plumbers and Pipefitters Union Local 562 members, the Plumbers' & Pipefitters' Welfare Educational Fund plays a crucial role in ensuring that these individuals and their families have access to the resources they need to thrive both personally and professionally.

Impact

This information is meant to be a general summary of Plumbers' & Pipefitters' Welfare Educational Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Plumbers' & Pipefitters' Welfare Educational Fund has a significant impact on the members of Plumbers and Pipefitters Local 562 by providing essential health and related benefits. These benefits, which include disability insurance, dental care, vision and eyeglasses coverage, life and accidental death benefits, vacation and holiday pay, prescription drugs coverage, sickness and hospital benefits, as well as apprentice training benefits, play a crucial role in supporting the well-being and livelihood of union members. Additionally, the Fund's mission to provide education alongside these benefits further enhances the overall welfare and stability of its members. Through its services, the Fund contributes to the empowerment and support of local plumbers and pipefitters, enabling them to thrive both professionally and personally.





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: $4,352,579
  • Program Service Revenue: $71,731,728
  • Gross Receipts: $96,601,932

    • Assets and Liabilities:
  • Total Assets: $175,996,074
  • Total Liabilities: $45,366,062
  • Net Assets: $130,630,012
  • Programs

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

    FRINGE CONTRIBUTION INCOME

    Revenue

    $71,731,728

    Organization Details

    Founding Year

    1951

    Principal Officer

    Mark J Collom

    Main Address

    3640 CORPORATE TRAIL DRIVE, EARTH CITY, MO, 63045

    NTEE Category

    Code: Y40 - Mutual benefit

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