Overview
What is Local 57 Iuoe Health And Welfare Fund?
The Local 57 Iuoe Health and Welfare Fund is a nonprofit organization based in Johnston, Rhode Island, at 857 Central Avenue, ZIP code 02919. With a mission to provide health, dental, vision, short-term disability, and death benefits for employees under the collective bargaining agreements between I.U.O.E. Local 57 and the Rhode Island Chapter of Associated General Contractors of America and Construction Industries of Rhode Island, the Fund aims to ensure the wellbeing of its members. The organization, with a small team of four employees, is dedicated to offering medical, dental, and vision insurance benefits to the collectively bargained members.
Is Local 57 Iuoe Health And Welfare Fund legitimate?
Local 57 Iuoe Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 57 Iuoe Health And 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: $152,149
For more financial information, click here
What is the mission statement of Local 57 Iuoe Health And Welfare Fund?
The Local 57 Iuoe Health and Welfare Fund is dedicated to supplying medical, dental, and vision insurance benefits to the collectively bargained members. Through collective bargaining agreements between I.U.O.E. Local 57 and the Rhode Island chapter of Associated General Contractors of America and Construction Industries of Rhode Island, this fund ensures the availability of these essential benefits for the covered employees. The provision of health, dental, vision, short-term disability, and death benefits is a central focus of the fund's mission. By securing these benefits, the fund aims to enhance the overall wellbeing and financial security of the members.
Who is the CEO of Local 57 Iuoe Health And Welfare Fund?
James White is the Trustee of Local 57 Iuoe Health And Welfare Fund.
What is the revenue of Local 57 Iuoe Health And Welfare Fund?
Local 57 Iuoe Health And Welfare Fund's revenue in 2022 was $17,012,033.
Who are the executives of Local 57 Iuoe Health And Welfare Fund and what are their salaries?
The average compensation at Local 57 Iuoe Health And Welfare Fund during 2022 was $38,037. There are 4 employees at Local 57 Iuoe Health And Welfare Fund.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $165,960
- Other: $75,413
- Compensation: $0
- Related: $136,302
- Other: $84,067
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Local 57 Iuoe Health And Welfare Fund?
Local 57 Iuoe Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 57 Iuoe Health And Welfare Fund
Local 57 Iuoe Health and Welfare Fund is a nonprofit organization dedicated to extending medical, dental, and vision insurance benefits to its collectively bargained members. Through the power of collective negotiations between I.U.O.E. Local 57 and the Rhode Island Chapter of Associated General Contractors of America and Construction Industries of Rhode Island, this fund ensures that eligible employees receive comprehensive coverage.
The mission of Local 57 Iuoe Health and Welfare Fund is to secure and administer health, dental, vision, short-term disability, and death benefits for its members. By pooling resources and leveraging the collective bargaining power, this fund offers affordable and comprehensive coverage options, allowing its members to focus on their well-being and professional growth. The organization's primary goal is to ensure that its members have access to quality healthcare services, enabling them to maintain their overall health and productivity.
Local 57 Iuoe Health and Welfare Fund's efforts in providing insurance benefits not only improve the lives of its members but also contribute to the overall success of the construction industry in Rhode Island. By investing in the health and well-being of its workforce, this fund creates a positive work environment, fostering better employee morale, increased job satisfaction, and improved job performance. This, in turn, benefits the construction industry as a whole by contributing to a more efficient and productive workforce.
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Impact
October, 2024
Local 57 Iuoe Health and Welfare Fund plays a crucial role in enhancing the well-being of its collectively bargained members by providing essential insurance benefits. The Fund ensures that eligible members receive comprehensive medical, dental, and vision coverage, which is vital for maintaining their health and productivity. Additionally, it offers short-term disability and death benefits, providing financial protection and support during challenging times.
By fulfilling the healthcare needs of members employed under the collective bargaining agreements between the International Union of Operating Engineers (IUOE) Local 57 and various contractors in Rhode Island, the Fund promotes job security and peace of mind. This not only helps to improve overall workforce morale but also contributes to a healthier and more resilient labor community within the construction industry. Ultimately, Local 57 Iuoe Health and Welfare Fund significantly impacts the lives of its members by safeguarding their health and financial stability.
This information is meant to be a general summary of Local 57 Iuoe Health And 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: $923,948
- Program Service Revenue: $16,043,590
- Gross Receipts: $17,012,033
Assets and Liabilities:
- Total Assets: $23,429,295
- Total Liabilities: $196,327
- Net Assets: $23,232,968
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS CONTRIBUTIONS
Revenue
$15,923,742
PARTICIPANTS/COBRA ASSIST
Revenue
$119,848
Organization Details
Founding Year
1953
Phone
(401) 331-9191Principal Officer
James White
Main Address
857 CENTRAL AVENUE, JOHNSTON, RI, 02919
NTEE Category
Code: Y40 - Mutual benefit
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