Operating Engineers Health And Welfare Fund

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

EIN: 956034886 ✦ Pasadena, CA ✦ Designated as a 501(c)(9)

Overview

What is Operating Engineers Health And Welfare Fund?

The Operating Engineers Health and Welfare Fund is a nonprofit organization designed to offer comprehensive benefits to eligible employees and their families. Through a multiemployer health benefit plan, they provide essential coverage, including hospital-medical, dental, vision, prescription drugs, life insurance, accidental death and dismemberment, and disability benefits. The Fund's mission ensures the well-being of its members by addressing various aspects of their health and healthcare needs.


Official website here: www.oefi.org

Is Operating Engineers Health And Welfare Fund legitimate?

Operating Engineers Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers Health And 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


Official website here: www.oefi.org

What is the mission statement of Operating Engineers Health And Welfare Fund?

The Operating Engineers Health and Welfare Fund offers health benefits to eligible employees and their families. This multiemployer health benefit plan includes coverage for hospital-medical, dental, vision, prescription drugs, life insurance, accidental death and dismemberment, and disability. The Fund aims to support the wellbeing of its members by providing comprehensive benefits to enhance their overall health and financial security. The plan's mission is to offer essential benefits to help members access quality healthcare and manage their health needs effectively. By providing these benefits, the Fund enables its members to focus on their work and personal lives with peace of mind, fostering a stronger and healthier workforce.


Official website here: www.oefi.org

Who is the CEO of Operating Engineers Health And Welfare Fund?

Michael B De Chellis is the Fund Manager of Operating Engineers Health And Welfare Fund.


Official website here: www.oefi.org

What is the revenue of Operating Engineers Health And Welfare Fund?

Operating Engineers Health And Welfare Fund's revenue in 2022 was $276,719,085.


Official website here: www.oefi.org

Who are the executives of Operating Engineers Health And Welfare Fund and what are their salaries?

Here are 20 key members and their salaries:

    Joseph R Ehrbar (Fund Manager)
  • Compensation: $0
  • Related: $246,757
  • Other: $46,665

    • Michael B De Chellis (Assistant Fund Manager)
  • Compensation: $0
  • Related: $214,351
  • Other: $46,665

    • Larry Hopkins (Director Of Training)
  • Compensation: $0
  • Related: $196,468
  • Other: $56,532

    • Charles Killian (Chief Financial Officer)
  • Compensation: $0
  • Related: $204,049
  • Other: $46,665

    • Edik Magardomyan (Chief Information Officer)
  • Compensation: $0
  • Related: $186,117
  • Other: $46,665

    • Denise Darwin (Director Of It Applications)
  • Compensation: $0
  • Related: $167,443
  • Other: $46,665

    • Ronald J Sikorski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Davison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Garbarino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawn Kinsey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Sikorski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Perry Hawkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Roddy (Trustee - Past)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Ryan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Crawford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stanley Howard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Velasquez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jaimie Angus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Chapman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Hunt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.oefi.org

    Where can I find the form 990 for Operating Engineers Health And Welfare Fund?

    The Operating Engineers Health And Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.oefi.org

    Learn more at the official website: www.oefi.org

    Mission Statement of Operating Engineers Health And Welfare Fund

    The Operating Engineers Health and Welfare Fund is a multiemployer health benefit plan that plays a crucial role in providing eligible employees and their families with essential health benefits. In simple terms, this nonprofit organization ensures that its members have access to vital medical, dental, vision, prescription drug, life, accidental death and dismemberment, and disability coverage. By doing so, it empowers them to focus on their well-being and financial security, rather than worrying about the cost of healthcare services.

    Through its mission, the Operating Engineers Health and Welfare Fund functions as a safety net, providing a wide range of benefits that cater to the diverse needs of its members. By offering hospital-medical, dental, vision, prescription drug, and disability benefits, this nonprofit organization ensures that its members can address their health concerns promptly and effectively. Furthermore, its provision of life, accidental death and dismemberment coverage adds an extra layer of protection, offering peace of mind to both the employees and their families.

    In summary, the Operating Engineers Health and Welfare Fund serves as a vital resource for eligible employees and their families, providing them with access to comprehensive health benefits. By doing so, it enables them to focus on their well-being and financial stability, enabling them to live their lives to the fullest.

    Impact

    This information is meant to be a general summary of Operating Engineers Health And 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 Health And Welfare Fund's impact lies in providing eligible employees and their families with essential health benefits such as hospital-medical, dental, vision, prescription drug, life, accidental death and dismemberment, and disability coverage. By offering these services as a multiemployer health benefit plan, the fund directly supports the well-being and security of its members. This assistance ensures that individuals have access to necessary healthcare services and financial protections, ultimately contributing to their overall health and 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: $1,025,175
  • Program Service Revenue: $275,554,119
  • Gross Receipts: $376,977,000

    • Assets and Liabilities:
  • Total Assets: $155,541,589
  • Total Liabilities: $179,120,821
  • Net Assets: -$23,579,232
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $254,167,674

    MEMBER SELF-PAYMENTS

    Revenue

    $20,809,922

    DELINQUENT ASSESSMENTS AND PENALTIES

    Revenue

    $483,895

    INTEREST ON DELINQUENT CONTRIBUTIONS

    Revenue

    $92,628

    Organization Details

    Founding Year

    1954

    Principal Officer

    Michael B De Chellis

    Main Address

    100 CORSON ST, PASADENA, CA, 91103

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Operating Engineers Health And 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.