Overview
What is Commonwealth Of Massachusettsnage Health & Welfare Fund?
The Commonwealth Of Massachusettsnage Health & Welfare Fund is a nonprofit organization based in Quincy, Massachusetts. Their primary mission is to provide welfare benefits to eligible employees under collective bargaining agreements. The fund's activities encompass obtaining and administering the benefit program for participants. With a team of four employees, they work diligently to ensure the availability of essential benefits for those who qualify.
Is Commonwealth Of Massachusettsnage Health & Welfare Fund legitimate?
Commonwealth Of Massachusettsnage Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Commonwealth Of Massachusettsnage 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: $125,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $210,192
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What is the mission statement of Commonwealth Of Massachusettsnage Health & Welfare Fund?
The Commonwealth Of Massachusettsnage Health & Welfare Fund is dedicated to providing benefits to eligible participants. Its mission is to obtain and administer the benefit program, ensuring that eligible individuals receive the welfare benefits they are entitled to. The fund prioritizes the well-being of its participants by managing and distributing benefits in accordance with the collective bargaining agreements. It serves as a vital resource for eligible employees, offering essential support to enhance their overall quality of life.
Who is the CEO of Commonwealth Of Massachusettsnage Health & Welfare Fund?
Johanna Mcnally is the Union Trustee of Commonwealth Of Massachusettsnage Health & Welfare Fund.
What is the revenue of Commonwealth Of Massachusettsnage Health & Welfare Fund?
Commonwealth Of Massachusettsnage Health & Welfare Fund's revenue in 2023 was $12,054,650.
Who are the executives of Commonwealth Of Massachusettsnage Health & Welfare Fund and what are their salaries?
The average compensation at Commonwealth Of Massachusettsnage Health & Welfare Fund during 2023 was $83,922. There are 4 employees at Commonwealth Of Massachusettsnage Health & Welfare Fund.
Here are 11 key members and their salaries:
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- Compensation: $120,819
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- Other: $31,189
Where can I find the form 990 for Commonwealth Of Massachusettsnage Health & Welfare Fund?
Commonwealth Of Massachusettsnage Health & Welfare Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Commonwealth Of Massachusettsnage Health & Welfare Fund
The Commonwealth of Massachusetts Health & Welfare Fund, a notable nonprofit organization, is committed to providing benefits to eligible participants. This mission is carried out through obtaining and administering the benefit program for these individuals.
In simpler terms, the Commonwealth of Massachusetts Health & Welfare Fund serves as a vital safety net for eligible employees, ensuring they have access to essential welfare benefits under collective bargaining agreements. By doing so, the organization enhances their overall well-being and financial security.
This nonprofit organization plays a significant role in the lives of its beneficiaries by administering and managing various welfare benefits according to the agreements reached between the employers and the workforce. The team at the Commonwealth of Massachusetts Health & Welfare Fund is dedicated to ensuring that eligible participants receive the benefits they are entitled to, allowing them to focus on their personal and professional growth without the added burden of financial concerns.
By providing these crucial benefits, the Commonwealth of Massachusetts Health & Welfare Fund positively impacts the lives of its recipients, contributing to their overall well-being and peace of mind. The organization's unwavering commitment to its mission is a testament to its dedication to helping those in need.
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Impact
October, 2024
The Commonwealth Of Massachusettsnage Health & Welfare Fund plays a crucial role in enhancing the quality of life for eligible participants by providing essential welfare benefits to employees under a collective bargaining agreement. Based in Quincy, MA, this fund is dedicated to managing and delivering benefit programs that directly impact the well-being and financial security of its members.
By partnering with employers and fulfilling the mandates outlined in collective bargaining agreements, the fund ensures that employees have access to vital health and welfare resources. This support can include medical, dental, and other health-related benefits that alleviate financial burdens and promote overall health. The fund's mission directly contributes to fostering a more stable and secure workplace environment, ultimately benefiting both employees and employers by enhancing morale, productivity, and retention rates.
Through its administration of these benefit programs, the Commonwealth Of Massachusettsnage Health & Welfare Fund reinforces its commitment to mutual benefit, creating a safer and more secure future for workers and their families. The impact of this fund is far-reaching, influencing not only individual lives but also contributing to the broader economic stability of the community.
This information is meant to be a general summary of Commonwealth Of Massachusettsnage 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 2023.
- Investment Income: $212,969
- Program Service Revenue: $11,782,176
- Gross Receipts: $19,868,427
Assets and Liabilities:
- Total Assets: $21,514,166
- Total Liabilities: $2,690,878
- Net Assets: $18,823,288
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$10,747,384
EMPLOYER CONTRIBUTIONS - EAP
Revenue
$750,000
COBRA SUBSIDY CONTRIBUTIONS
Revenue
$284,792
Organization Details
Founding Year
1984
Phone
(617) 773-8947Principal Officer
Johanna Mcnally
Main Address
159 BURGIN PARKWAY, QUINCY, MA, 02169
NTEE Category
Code: Y40 - Mutual benefit
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