Overview
What is Laborers' National Health & Welfare Fund?
Laborers' National Health & Welfare Fund is a nonprofit organization based in Washington, D.C., with a workforce of three individuals. Established under collective bargaining agreements with the Laborers' International Union of North America (LIUNA) and its affiliates, this fund's primary mission is to offer various health and welfare benefits to eligible employees. These benefits include but are not limited to life insurance, accidental death and dismemberment coverage, hospital and surgical care, dental care, vision care, hearing aid care, and prescription drug benefits. The fund's goal is to ensure the well-being of eligible employees by providing essential health services.
Is Laborers' National Health & Welfare Fund legitimate?
Laborers' National Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Laborers' National Health & 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: $242,976
For more financial information, click here
What is the mission statement of Laborers' National Health & Welfare Fund?
The Laborers' National Health & Welfare Fund is dedicated to delivering health and welfare benefits to eligible employees of employers bound by collective bargaining agreements with the Laborers' International Union of North America (LIUNA) and its affiliates. Through these agreements, the fund offers a range of benefits to participants, including life insurance, accidental death and dismemberment coverage, hospital and surgical services, dental care, vision care, hearing aid care, and prescription drug benefits. By providing these benefits, the fund aims to support and enhance the overall well-being and quality of life for the eligible workforce.
Who is the CEO of Laborers' National Health & Welfare Fund?
Michael F Sabitoni is the Trustee, Co-Chairman of Laborers' National Health & Welfare Fund.
What is the revenue of Laborers' National Health & Welfare Fund?
Laborers' National Health & Welfare Fund's revenue in 2022 was $31,619,101.
Who are the executives of Laborers' National Health & Welfare Fund and what are their salaries?
The average compensation at Laborers' National Health & Welfare Fund during 2022 was $80,992. There are 3 employees at Laborers' National Health & Welfare Fund.
Here are 9 key members and their salaries:
- Armand E Sabitoni (Trustee, Co-Chairman)
- Rocco Davis (Trustee)
- Dennis L Martire (Trustee)
- Vincent R Masino (Trustee (Former))
- Paul Fayad (Trustee, Co-Chairman)
- Noel C Borck (Trustee)
- James F Grosso (Trustee)
- Antonio Rangel (Trustee (Former))
- Marcello Garza (Trustee)
Where can I find the form 990 for Laborers' National Health & Welfare Fund?
The Laborers' National Health & Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Laborers' National Health & Welfare Fund
The Laborers' National Health & Welfare Fund is a collective bargaining plan dedicated to supplying health and welfare benefits to eligible employees. Obligated employers, in collaboration with the Laborers' International Union of North America (LIUNA) and its affiliates, contribute to the Fund, ensuring access to essential benefits for their workers.
This nonprofit organization offers a range of benefits designed to cater to the diverse health needs of its participants. These benefits include life insurance, accidental death and dismemberment coverage, hospital and surgical coverage, dental care, vision care, hearing aid care, and prescription drug benefits. By providing these comprehensive benefits, the Laborers' National Health & Welfare Fund empowers its members to maintain their overall well-being and focus on their professional pursuits.
The Fund's primary goal is to deliver on its promise of offering health and welfare benefits to laborers and their families. Through collective bargaining agreements, it secures the necessary resources to provide these vital services, enhancing the quality of life for its participants and promoting a healthier, more productive workforce.
Impact
This information is meant to be a general summary of Laborers' National Health & 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 Laborers' National Health & Welfare Fund directly impacts the lives of eligible employees by providing essential health and welfare benefits through collectively bargained agreements. These benefits include life insurance, accidental death and dismemberment coverage, hospital and surgical care, dental care, vision care, hearing aid care, and prescription drug benefits. By offering these benefits, the Fund supports the well-being and financial security of workers and their families, fulfilling its mission to provide crucial support to those covered under the Fund.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$29,178,067
EMPLOYEE CONTRIBUTIONS
Revenue
$65,114
Organization Details
Founding Year
1989
Phone
(202) 737-1664
Principal Officer
Michael F Sabitoni
Main Address
905 16TH STREET NW 3RD FLOOR, WASHINGTON, DC, 20006
NTEE Category
Code: Y40 - Mutual benefit
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