Health & Welfare Trust Fd Iuoe Local 877 & 70

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

EIN: 042624972 ✦ Quincy, MA ✦ Designated as a 501(c)(9)

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Overview

What is Health & Welfare Trust Fd Iuoe Local 877 & 70?

Health & Welfare Trust Fd Iuoe Local 877 & 70 is a nonprofit organization based in Quincy, Massachusetts, with the address 1 Battery March Park Suite 317. Their primary mission is to provide essential health, life insurance, dental, vision, and prescription drug benefits for eligible members and their families, as outlined in the organization's plan.


Official website here: www.local877.org

Is Health & Welfare Trust Fd Iuoe Local 877 & 70 legitimate?

Health & Welfare Trust Fd Iuoe Local 877 & 70 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Health & Welfare Trust Fd Iuoe Local 877 & 70 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: $0

For more financial information, click here


Official website here: www.local877.org

What is the mission statement of Health & Welfare Trust Fd Iuoe Local 877 & 70?

This trust fund, identified as Health & Welfare Trust Fd Iuoe Local 877 & 70, is dedicated to providing essential health benefits to eligible members and their families. The plan encompasses health insurance, life insurance, dental coverage, vision care, and prescription drugs, as outlined in the plan. Its primary objective is to ensure the well-being of its members by granting them access to these vital services. By doing so, the trust fund aims to enhance the quality of life for its members and their families, providing them with peace of mind and security.


Official website here: www.local877.org

Who is the CEO of Health & Welfare Trust Fd Iuoe Local 877 & 70?

Anthony Pisano is the Trustee of Health & Welfare Trust Fd Iuoe Local 877 & 70.


Official website here: www.local877.org

What is the revenue of Health & Welfare Trust Fd Iuoe Local 877 & 70?

Health & Welfare Trust Fd Iuoe Local 877 & 70's revenue in 2022 was $20,989,327.


Official website here: www.local877.org

Who are the executives of Health & Welfare Trust Fd Iuoe Local 877 & 70 and what are their salaries?


Here are 2 key members and their salaries:


Alan Pero (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Pisano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.local877.org

Where can I find the form 990 for Health & Welfare Trust Fd Iuoe Local 877 & 70?

Health & Welfare Trust Fd Iuoe Local 877 & 70's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.local877.org

Learn more at the official website: www.local877.org

Mission Statement of Health & Welfare Trust Fd Iuoe Local 877 & 70

Health & Welfare Trust Fd Iuoe Local 877 & 70 is a mission-driven organization with a primary goal of providing essential health, life insurance, dental, vision, and prescription drug benefits to eligible members and their families. This nonprofit entity is dedicated to ensuring the well-being of its members by offering a comprehensive suite of insurance plans, as outlined in the plan's specifications.

The Trust takes pride in its commitment to safeguarding the health and welfare of its members by providing them with the necessary resources to maintain optimal physical and mental well-being. By offering a range of insurance plans, the organization ensures that its members have access to vital healthcare services, enabling them to address various health concerns and lead fulfilling lives. The Trust's unwavering focus on the well-being of its members sets it apart as a vital support system that plays a crucial role in the lives of those it serves.

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Impact




October, 2024

The Health & Welfare Trust Fund of IUOE Local 877 & 70 plays a significant role in providing essential health and welfare benefits to eligible members and their families. By offering a variety of services, including health insurance, life insurance, dental and vision coverage, as well as prescription drug benefits, the Trust Fund ensures members have access to crucial healthcare resources. This support helps maintain the wellbeing of individuals and families, promoting their overall health and financial security. Additionally, by covering a range of necessary health-related expenses, the Trust Fund alleviates the financial burden associated with medical care, enabling members to focus on their work and personal lives without the stress of unforeseen medical costs. Located in Quincy, MA, the initiative directly impacts the community by enhancing the quality of life for its members through comprehensive health benefits.




This information is meant to be a general summary of Health & Welfare Trust Fd Iuoe Local 877 & 70. 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
$20,989,327 (2022)
Expenses
$19,417,746 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $624,925
  • Program Service Revenue: $20,364,402
  • Gross Receipts: $23,201,297

Assets and Liabilities:

  • Total Assets: $24,720,405
  • Total Liabilities: $1,923,604
  • Net Assets: $22,796,801

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$17,846,783

PARTICIPANT CONTRUBITIONS

Revenue

$2,517,619

Organization Details

Founding Year

1962

Principal Officer

Anthony Pisano

Main Address

1 BATTERYMARCH PARK SUITE 317, QUINCY, MA, 021697471

NTEE Category

Code: Y40 - Mutual benefit

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