Operating Engineers Union 3 Pensioned Health & Welfare Fund

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

EIN: 946096327 ✦ Alameda, CA ✦ Designated as a 501(c)(9)

Overview

What is Operating Engineers Union 3 Pensioned Health & Welfare Fund?

The Operating Engineers Union 3 Pensioned Health & Welfare Fund is a nonprofit organization dedicated to delivering healthcare benefits to eligible operating engineers during their retirement years. Based in Alameda, California, at 1141 Harbor Bay PKWY STE 100, this fund caters to operating engineers who are covered by collective bargaining agreements. Its primary mission is to ensure retirees have access to essential healthcare services, fulfilling a crucial role in their golden years.


Is Operating Engineers Union 3 Pensioned Health & Welfare Fund legitimate?

Operating Engineers Union 3 Pensioned Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers Union 3 Pensioned 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: $0

For more financial information, click here


What is the mission statement of Operating Engineers Union 3 Pensioned Health & Welfare Fund?
Who is the CEO of Operating Engineers Union 3 Pensioned Health & Welfare Fund?
What is the revenue of Operating Engineers Union 3 Pensioned Health & Welfare Fund?
Who are the executives of Operating Engineers Union 3 Pensioned Health & Welfare Fund and what are their salaries?
Where can I find the form 990 for Operating Engineers Union 3 Pensioned Health & Welfare Fund?

Mission Statement of Operating Engineers Union 3 Pensioned Health & Welfare Fund

Operating Engineers Union 3 Pensioned Health & Welfare Fund is a nonprofit organization committed to extending healthcare benefits to eligible operating engineers who have reached retirement age. This fund, as a part of the collective bargaining agreements, ensures these engineers maintain access to essential healthcare services as they transition into retirement.

The primary mission of Operating Engineers Union 3 Pensioned Health & Welfare Fund is to provide comprehensive healthcare coverage for its beneficiaries. By doing so, the organization enables retirees to focus on their well-being and enjoy their golden years without the added stress of worrying about healthcare expenses. The healthcare benefits encompass a wide range of services, ensuring that the retirees have access to the medical care they need.

The Fund's dedication to the well-being of its members extends beyond retirement. By offering healthcare benefits as part of the collective bargaining agreements, Operating Engineers Union 3 Pensioned Health & Welfare Fund demonstrates its commitment to the long-term financial and health security of its members. This commitment gives peace of mind to operating engineers, knowing that their healthcare needs will be addressed not only during their working years but also throughout their retirement.

Impact

This information is meant to be a general summary of Operating Engineers Union 3 Pensioned 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

Operating Engineers Union 3 Pensioned Health & Welfare Fund's impact is significant in providing essential healthcare benefits during retirement to eligible operating engineers covered by collective bargaining agreements. By offering these benefits, the fund supports retired operating engineers in maintaining their health and well-being during their retirement years. This assistance ensures that these individuals have access to necessary medical care, helping to improve their quality of life and overall health outcomes. The fund's commitment to providing healthcare benefits exemplifies its dedication to supporting the welfare of retired operating engineers and fulfilling its mission of meeting the healthcare needs of its members.





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: $3,625,726
  • Program Service Revenue: $115,345,110
  • Gross Receipts: $215,401,835

    • Assets and Liabilities:
  • Total Assets: $267,935,818
  • Total Liabilities: $15,288,454
  • Net Assets: $252,647,364
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $82,283,306

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $33,061,804

    Organization Details

    Founding Year

    1962

    Principal Officer

    Dan Reding

    Main Address

    1141 HARBOR BAY PKWY STE 100, ALAMEDA, CA, 94502

    NTEE Category

    Code: Y40 - Mutual benefit

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