Overview
What is Sheet Metal Workers Local Union No 17 Insurance Fund?
The Sheet Metal Workers Local Union No 17 Insurance Fund is a nonprofit organization situated in Dorchester, Massachusetts, with a first-floor address at 1157 Adams Street. Their primary mission is to offer health and other specified benefits to eligible union members and their dependents, through a collectively bargained multi-employer plan. This fund strives to provide essential health benefits for their participants. The organization, with a team of 31 employees, is dedicated to enhancing the well-being of those who are eligible.
What are the reviews and ratings of this charity?
The Sheet Metal Workers Local Union No 17 Insurance Fund is currently not rated by Charity Navigator. This is primarily because it is not a 501(c)(3) registered nonprofit, which makes it ineligible for Charity Navigator's typical evaluation based on their Accountability & Finance, and Impact & Measurement methodologies. The absence of a rating does not necessarily connote any negative or positive assessment, but simply a lack of evaluation within Charity Navigator's current framework.
As there is no comprehensive evaluation available, key data such as total revenue, expenses, and salary of key persons remain undisclosed. This nonprofit operates independently and is not affiliated with any national or regional groupings, reinforcing its independent organizational status. Despite the unavailability of Leadership & Adaptability or Culture & Community measures, it emphasizes the organization's distinct operational structure.
No user reviews are available from GreatNonprofits to further illustrate public sentiment or individual experiences with this organization. Therefore, given the constraints on data availability and evaluation standards, the organization’s performance and public perception remain largely undefined.
This AI summary has been generated from information found on Charity Navigator.
Is Sheet Metal Workers Local Union No 17 Insurance Fund legitimate?
Sheet Metal Workers Local Union No 17 Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sheet Metal Workers Local Union No 17 Insurance 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $187,194
Professional Fundraising Fees: $0
Other Salaries and Wages: $234,353
For more financial information, click here
What is the mission statement of Sheet Metal Workers Local Union No 17 Insurance Fund?
The Sheet Metal Workers Local Union No 17 Insurance Fund is dedicated to extending health and welfare benefits to eligible participants. Its primary mission revolves around providing a collective multi-employer plan that offers various specified benefits to union members and their dependents. By collectively bargaining for these benefits, the fund seeks to ensure access to comprehensive health coverage for those who qualify.
Who is the CEO of Sheet Metal Workers Local Union No 17 Insurance Fund?
Richard Keogh is the Trustee of Sheet Metal Workers Local Union No 17 Insurance Fund.
What is the revenue of Sheet Metal Workers Local Union No 17 Insurance Fund?
Sheet Metal Workers Local Union No 17 Insurance Fund's revenue in 2022 was $50,015,354.
Who are the executives of Sheet Metal Workers Local Union No 17 Insurance Fund and what are their salaries?
The average compensation at Sheet Metal Workers Local Union No 17 Insurance Fund during 2022 was $13,598. There are 31 employees at Sheet Metal Workers Local Union No 17 Insurance Fund.
Here are 8 key members and their salaries:
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- Compensation: $138,305
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- Other: $115,045
- Compensation: $222,392
- Related: $0
- Other: $69,854
Where can I find the form 990 for Sheet Metal Workers Local Union No 17 Insurance Fund?
Sheet Metal Workers Local Union No 17 Insurance Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Workers Local Union No 17 Insurance Fund
Sheet Metal Workers Local Union No 17 Insurance Fund is a mission-driven organization that prioritizes the health and wellbeing of its eligible participants. In simple terms, the Fund's primary goal is to extend health benefits to those who qualify. It is a collective initiative, with benefits negotiated through a multi-employer plan.
The Fund's mission is multifaceted, extending beyond just health coverage. It aims to provide a range of specified benefits to eligible members and their dependents. By doing so, it strives to ensure the overall wellbeing and peace of mind of those it serves. The Fund's activities are geared towards enhancing the quality of life for its members and their families. Through its comprehensive benefits package, it addresses various aspects of wellness, ensuring that the needs of its community are met holistically.
In its pursuit of fulfilling this mission, the Sheet Metal Workers Local Union No 17 Insurance Fund operates as a collaborative entity. It leverages the collective bargaining power of the union to secure and offer competitive and comprehensive benefits to its participants. The Fund's offerings include, but are not limited to, health benefits, ensuring that its members have access to essential medical services and resources. By providing these benefits, the Fund not only contributes to the physical health of its members but also plays a crucial role in promoting their overall wellbeing and financial security.
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Impact
October, 2024
The Sheet Metal Workers Local Union No 17 Insurance Fund plays a crucial role in enhancing the well-being of its members and their dependents by providing health and welfare benefits. By offering a collectively bargained multi-employer plan, the fund ensures that eligible participants have access to necessary healthcare services, thereby promoting a healthier workforce. This initiative not only supports individual health needs but also contributes to overall job satisfaction and productivity within the industry.
By offering these benefits, the fund helps to alleviate the financial burdens associated with medical expenses, allowing members to focus on their work and personal lives without the stress of healthcare costs. The availability of health benefits is particularly significant in the construction and skilled trades sectors, where physical demands can lead to injuries and health issues that require comprehensive care.
Overall, the impact of the Sheet Metal Workers Local Union No 17 Insurance Fund extends beyond individual health; it fosters a sense of community and mutual support among members, strengthening the bond within the union and its objectives.
This information is meant to be a general summary of Sheet Metal Workers Local Union No 17 Insurance Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $898,780
- Program Service Revenue: $48,300,772
- Gross Receipts: $51,530,062
Assets and Liabilities:
- Total Assets: $88,739,286
- Total Liabilities: $6,259,818
- Net Assets: $82,479,468
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$46,491,564
MEMBER CONTRIBUTIONS
Revenue
$1,450,711
SASMI CONTRIBUTIONS
Revenue
$358,497
Organization Details
Founding Year
1950
Phone
(617) 426-5646Principal Officer
Richard Keogh
Main Address
1157 ADAMS STREET 1ST FLOOR, DORCHESTER, MA, 02124
NTEE Category
Code: Y40 - Mutual benefit
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