Iuoe Local 4 Health & Welfare Plan

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

EIN: 046040880 ✦ Medway, MA ✦ Designated as a 501(c)(9)

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Overview

What is Iuoe Local 4 Health & Welfare Plan?

The Iuoe Local 4 Health & Welfare Plan is a nonprofit organization based in Medway, Massachusetts. Their primary mission revolves around extending health and welfare benefits to eligible participants and their dependents. With a team of 19 employees, this organization is committed to enhancing the wellbeing of those it serves.

Is Iuoe Local 4 Health & Welfare Plan legitimate?

Iuoe Local 4 Health & Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iuoe Local 4 Health & Welfare Plan 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: $300,818
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,140,309

For more financial information, click here

What is the mission statement of Iuoe Local 4 Health & Welfare Plan?

The Iuoe Local 4 Health & Welfare Plan is dedicated to extending health and welfare benefits to eligible participants and their dependents. This non-profit organization prioritizes the well-being of its members by delivering a comprehensive range of benefits. Through its mission, it strives to ensure that those who are part of the plan have access to essential healthcare services and support when they need it most. The organization's commitment to its members goes beyond just providing coverage, aiming to improve their overall quality of life. The primary goal is to create a safety net for participants, providing them with peace of mind and financial security during times of need.

Who is the CEO of Iuoe Local 4 Health & Welfare Plan?

Gregory A Geiman is the Fund Administrator of Iuoe Local 4 Health & Welfare Plan.

What is the revenue of Iuoe Local 4 Health & Welfare Plan?

Iuoe Local 4 Health & Welfare Plan's revenue in 2022 was $76,552,973.

Who are the executives of Iuoe Local 4 Health & Welfare Plan and what are their salaries?

The average compensation at Iuoe Local 4 Health & Welfare Plan during 2022 was $75,849. There are 19 employees at Iuoe Local 4 Health & Welfare Plan.


Here are 11 key members and their salaries:


David Shea (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William D Mclaughlin (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelo Colosante (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Marr Jr (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Reger (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory A Geiman (Fund Administrator)
  • Compensation: $240,062
  • Related: $0
  • Other: $60,756
Rebecca Zaccardi (Controller)
  • Compensation: $151,386
  • Related: $0
  • Other: $50,300
Laura-Jean Hickey (Assistant Fund Administrator)
  • Compensation: $118,778
  • Related: $0
  • Other: $50,697
Donald Christy (Collections Manager)
  • Compensation: $122,227
  • Related: $0
  • Other: $52,490
James M Burns (It Director)
  • Compensation: $102,427
  • Related: $0
  • Other: $50,300
Paul C Diminico (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iuoe Local 4 Health & Welfare Plan?

Iuoe Local 4 Health & Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iuoe Local 4 Health & Welfare Plan

Iuoe Local 4 Health & Welfare Plan is a mission-driven organization dedicated to extending health and welfare benefits to eligible participants and their dependents. This nonprofit's primary objective is to ensure that those it serves have access to essential services and resources for their overall wellbeing.

The Iuoe Local 4 Health & Welfare Plan takes great pride in its role as a provider of vital health and welfare benefits. It is committed to delivering these benefits to those who meet the eligibility criteria and their family members. By doing so, the organization strives to foster a healthier community and improve people's lives. The nonprofit's unwavering dedication to its mission is evident in its relentless pursuit of providing comprehensive benefits that cater to the diverse needs of its members.

In essence, Iuoe Local 4 Health & Welfare Plan serves as a safety net for individuals and families, offering them the necessary support to maintain their health and wellbeing. Through its provision of health and welfare benefits, this nonprofit helps bridge the gap in access to essential services for those who might otherwise go without. With a deep sense of responsibility and a commitment to making a difference, Iuoe Local 4 Health & Welfare Plan remains focused on its goal of uplifting the lives of its participants and their dependents.

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Impact




October, 2024

The Iuoe Local 4 Health & Welfare Plan plays a crucial role in supporting the health and well-being of eligible participants and their dependents. By providing comprehensive health and welfare benefits, the plan significantly alleviates financial burdens associated with medical expenses, facilitating access to necessary healthcare services.

This initiative ensures that members and their families receive essential support during critical times, promoting overall health and wellness within the community. The plan not only enhances the quality of life for its participants but also fosters a sense of security, allowing individuals to focus on their work and family without the stress of healthcare costs. By prioritizing the well-being of its members, the Iuoe Local 4 Health & Welfare Plan contributes to a healthier and more resilient workforce in Medway, MA, and beyond.




This information is meant to be a general summary of Iuoe Local 4 Health & Welfare Plan. 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
$76,552,973 (2022)
Expenses
$67,606,610 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $876,100
  • Program Service Revenue: $75,661,165
  • Gross Receipts: $100,438,649

Assets and Liabilities:

  • Total Assets: $117,848,189
  • Total Liabilities: $4,188,673
  • Net Assets: $113,659,516

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$74,944,279

PARTICIPANT CONTRIBUTIONS

Revenue

$716,886

Organization Details

Founding Year

1957

Principal Officer

Gregory A Geiman

Main Address

16 TROTTER DRIVE, MEDWAY, MA, 02053

NTEE Category

Code: Y40 - Mutual benefit

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