Massachusetts Bricklayers & Masons Health & Welfare Fund

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

EIN: 042145367 ✦ Boston, MA ✦ Designated as a 501(c)(9)

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Overview

What is Massachusetts Bricklayers & Masons Health & Welfare Fund?

The Massachusetts Bricklayers & Masons Health & Welfare Fund is a charitable organization dedicated to offering medical benefits to those within its community. Based on the provided information, their primary mission is to provide essential healthcare services. With a clear and concise objective, the Fund focuses on enhancing the well-being of individuals by granting them access to medical benefits.

Is Massachusetts Bricklayers & Masons Health & Welfare Fund legitimate?

Massachusetts Bricklayers & Masons Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Massachusetts Bricklayers & Masons 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $484,840

For more financial information, click here

What is the mission statement of Massachusetts Bricklayers & Masons Health & Welfare Fund?

The Massachusetts Bricklayers & Masons Health & Welfare Fund is dedicated to delivering medical benefits to those it serves. This organization prioritizes ensuring access to healthcare for its members, summarized as a commitment to providing medical coverage. By focusing on medical benefits, the Fund aims to promote the well-being and health of the individuals it supports. Its mission is clear: to make a difference in people's lives by securing essential medical coverage. Through various programs and resources, the organization strives to ease the burden of healthcare costs for its members, thereby enhancing their overall quality of life.

Who is the CEO of Massachusetts Bricklayers & Masons Health & Welfare Fund?

Charles Raso Ii is the Trustee of Massachusetts Bricklayers & Masons Health & Welfare Fund.

What is the revenue of Massachusetts Bricklayers & Masons Health & Welfare Fund?

Massachusetts Bricklayers & Masons Health & Welfare Fund's revenue in 2022 was $32,665,597.

Who are the executives of Massachusetts Bricklayers & Masons Health & Welfare Fund and what are their salaries?

The average compensation at Massachusetts Bricklayers & Masons Health & Welfare Fund during 2022 was $18,648. There are 26 employees at Massachusetts Bricklayers & Masons Health & Welfare Fund.


Here are 18 key members and their salaries:


William Mcconnell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Folan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Salvucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Iacopucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Mccormick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Grande (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Raso (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Dailey Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Rizzi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lavoie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Riley Kreamer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Carrio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Pacheco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Grenham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Ferraro Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Pimental (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Raso Ii (Executive Director)
  • Compensation: $72,197
  • Related: $127,243
  • Other: $111,175
Ray Gaita Jr (Assistant To Executive Dir)
  • Compensation: $46,277
  • Related: $81,559
  • Other: $86,340
Where can I find the form 990 for Massachusetts Bricklayers & Masons Health & Welfare Fund?

Massachusetts Bricklayers & Masons Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Massachusetts Bricklayers & Masons Health & Welfare Fund

Massachusetts Bricklayers & Masons Health & Welfare Fund is a dedicated organization that focuses on extending medical benefits to those within its community. Established with a clear mission, this nonprofit is committed to delivering essential healthcare services to its members.

By providing medical benefits, the Massachusetts Bricklayers & Masons Health & Welfare Fund plays a vital role in ensuring the well-being of its recipients. The organization's efforts go beyond just offering coverage; it strives to create a comprehensive healthcare solution tailored to the unique needs of its members. The unwavering commitment to medical benefits empowers individuals to access the necessary care and prioritize their health and well-being.

The Massachusetts Bricklayers & Masons Health & Welfare Fund's mission is twofold: it offers medical benefits and promotes the overall health of its members. By delivering these essential services, this nonprofit organization contributes significantly to enhancing the lives of the people it serves. In doing so, it demonstrates a deep sense of compassion and responsibility towards its community, providing essential support when it matters most.

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Impact




October, 2024

The Massachusetts Bricklayers & Masons Health & Welfare Fund significantly impacts the community by providing essential medical benefits to its members. Based in Boston, MA, the fund aims to ensure that bricklayers, masons, and their families have access to necessary healthcare services. By focusing on health and welfare, the fund not only addresses immediate medical needs but also contributes to the overall well-being and financial stability of its members. This mutual benefit approach enhances the quality of life for workers in the construction industry, promoting both physical health and job security.




This information is meant to be a general summary of Massachusetts Bricklayers & Masons Health & Welfare 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.

Revenue
$32,665,597 (2022)
Expenses
$31,054,322 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,996,520
  • Program Service Revenue: $29,669,077
  • Gross Receipts: $33,675,982

Assets and Liabilities:

  • Total Assets: $55,070,264
  • Total Liabilities: $1,310,125
  • Net Assets: $53,760,139

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$28,554,803

EMPLOYEE CONTRIBUTIONS

Revenue

$1,114,274

Organization Details

Founding Year

1952

Principal Officer

Charles Raso Ii

Main Address

645 MORRISSEY BLVD, BOSTON, MA, 02122

NTEE Category

Code: Y40 - Mutual benefit

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