Overview
What is Massachusetts Laborers' Health & Welfare Fund?
The Massachusetts Laborers' Health & Welfare Fund is a nonprofit organization located at 1400 District Avenue No. 200, Burlington, MA. With a team of 56 employees, their primary goal is to offer health benefits and other services to eligible participants. The organization's mission is dedicated to enhancing the well-being of its members by providing essential health-related resources.
Is Massachusetts Laborers' Health & Welfare Fund legitimate?
Massachusetts Laborers' Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Massachusetts Laborers' 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: $348,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,063,246
For more financial information, click here
What is the mission statement of Massachusetts Laborers' Health & Welfare Fund?
The Massachusetts Laborers' Health & Welfare Fund is committed to delivering health benefits and other essential services to eligible participants. Their primary mission revolves around enhancing the wellbeing of the individuals they serve. The organization is dedicated to providing a comprehensive suite of benefits, ensuring that the eligible participants have access to the resources they need for optimal health. Through their initiatives, they aim to improve the overall quality of life for those who are part of the fund. Their efforts encompass a range of offerings, empowering participants to manage their health effectively and live more fulfilling lives.
Who is the CEO of Massachusetts Laborers' Health & Welfare Fund?
Nathan Goldstein is the Chairman of Massachusetts Laborers' Health & Welfare Fund.
What is the revenue of Massachusetts Laborers' Health & Welfare Fund?
Massachusetts Laborers' Health & Welfare Fund's revenue in 2022 was $170,520,582.
Who are the executives of Massachusetts Laborers' Health & Welfare Fund and what are their salaries?
The average compensation at Massachusetts Laborers' Health & Welfare Fund during 2022 was $78,787. There are 56 employees at Massachusetts Laborers' Health & Welfare Fund.
Here are 15 key members and their salaries:
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- Compensation: $104,151
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- Other: $18,271
- Compensation: $197,260
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- Other: $29,120
- Compensation: $186,298
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- Other: $55,990
- Compensation: $166,001
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- Other: $48,991
- Compensation: $185,657
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- Other: $48,991
- Compensation: $181,353
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- Other: $48,991
- Compensation: $152,500
- Related: $0
- Other: $48,991
Where can I find the form 990 for Massachusetts Laborers' Health & Welfare Fund?
Massachusetts Laborers' Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Massachusetts Laborers' Health & Welfare Fund
Massachusetts Laborers' Health & Welfare Fund, a notable nonprofit organization, is dedicated to extending health benefits and other essential services to eligible participants. With a clear-cut mission, this fund prioritizes the well-being of its members by supplying them with necessary health resources and additional benefits. By doing so, it ensures that the laborers under its umbrella are well cared for and supported in their daily lives.
The Massachusetts Laborers' Health & Welfare Fund operates on the belief that every eligible individual deserves access to essential health benefits and more. This commitment is reflected in its daily operations, as it works tirelessly to provide its members with a range of benefits tailored to their needs. By focusing on health and wellness, the Fund empowers its participants to live their best lives and overcome any challenges they may face.
In summary, the Massachusetts Laborers' Health & Welfare Fund stands as a beacon of support for its eligible participants. By providing them with health and other benefits, this organization fosters an environment of wellness and care, ensuring that those in its community have the resources they need to thrive. Through its unwavering dedication, the Fund has become an invaluable resource for laborers across the state.
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Impact
October, 2024
The Massachusetts Laborers' Health & Welfare Fund significantly impacts the lives of eligible participants by delivering crucial health and other benefits. By providing access to quality health coverage, the Fund ensures that workers and their families can receive necessary medical care, promoting overall wellness and security within the community. This support helps reduce financial strain related to health expenses, enabling participants to focus on their work and personal lives without the burden of healthcare costs. Moreover, the Fund plays a vital role in fostering a healthier workforce, thereby enhancing productivity and stability in various labor sectors.
This information is meant to be a general summary of Massachusetts Laborers' 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,042,009
- Program Service Revenue: $164,478,573
- Gross Receipts: $190,265,696
Assets and Liabilities:
- Total Assets: $545,550,200
- Total Liabilities: $19,814,338
- Net Assets: $525,735,862
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$162,511,836
PARTICIPANT CONTRIBUTIONS
Revenue
$1,966,737
Organization Details
Founding Year
1964
Phone
(781) 272-1000Principal Officer
Nathan Goldstein
Main Address
1400 DISTRICT AVENUE NO 200, BURLINGTON, MA, 018035236
NTEE Category
Code: Y40 - Mutual benefit
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