Overview
What is Rhode Island Public Employees' Health Services Fund?
The Rhode Island Public Employees' Health Services Fund is a nonprofit organization situated at 410 South Main Street, Providence, Rhode Island. Its primary mission is to secure health and related benefits for municipal employees, their families, and dependents. This is achieved through collective bargaining agreements between Public Employees Local Union 1033 and various area municipalities. The fund procures these benefits by negotiating contributions with these municipalities. The organization, with a total of two employees, plays a significant role in enhancing the well-being of municipal workers in Rhode Island.
Is Rhode Island Public Employees' Health Services Fund legitimate?
Rhode Island Public Employees' Health Services Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Rhode Island Public Employees' Health Services 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: $92,857
For more financial information, click here
What is the mission statement of Rhode Island Public Employees' Health Services Fund?
The Rhode Island Public Employees' Health Services Fund's mission is centered around procuring health and related benefits for municipal employees, their families, and dependents. This is achieved through collectively bargained contributions, which are negotiated with local municipalities. The fund provides prescription medication, vision care, life insurance, and other health-related benefits to municipal employees, based on agreements reached between the Public Employees Local Union 1033 and various municipalities. The main objective is to ensure that municipal workers have access to necessary health services, as stipulated in the collectively bargained agreements.
Who is the CEO of Rhode Island Public Employees' Health Services Fund?
Donald Iannazzi is the Chairperson of Rhode Island Public Employees' Health Services Fund.
What is the revenue of Rhode Island Public Employees' Health Services Fund?
Rhode Island Public Employees' Health Services Fund's revenue in 2022 was $7,451,750.
Who are the executives of Rhode Island Public Employees' Health Services Fund and what are their salaries?
The average compensation at Rhode Island Public Employees' Health Services Fund during 2022 was $46,428. There are 2 employees at Rhode Island Public Employees' Health Services Fund.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $221,027
- Other: $100,551
- Compensation: $3,050
- Related: $187,347
- Other: $0
- Compensation: $0
- Related: $11,321
- Other: $0
- Compensation: $0
- Related: $6,687
- Other: $0
Where can I find the form 990 for Rhode Island Public Employees' Health Services Fund?
Rhode Island Public Employees' Health Services Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rhode Island Public Employees' Health Services Fund
The Rhode Island Public Employees' Health Services Fund, in its mission, works towards procuring health and related benefits for municipal employees, their families, and dependents. This is achieved through collectively bargained contributions that are negotiated with various municipalities in the region. By doing so, the Fund ensures that it can provide prescription, vision, life insurance, and other health and related benefits to these employees according to the agreements reached between the Public Employees Local Union 1033 and the municipalities. In essence, the Rhode Island Public Employees' Health Services Fund acts as a mediator, facilitating the provision of essential health benefits to municipal employees in the region, thereby enhancing their overall well-being.
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Impact
October, 2024
Rhode Island Public Employees' Health Services Fund significantly impacts the well-being of municipal employees and their families by providing essential health and related benefits. Through collectively bargained contributions negotiated with local municipalities, the Fund ensures access to a comprehensive range of services, including prescription drugs, vision, and life insurance. This support fosters a healthier workforce, enhances employee morale, and promotes job satisfaction among municipal staff. By securing these benefits, the Fund also alleviates financial burdens on employees and their dependents, ultimately contributing to a more robust and resilient community. Its efforts underscore the importance of collective bargaining in protecting the interests of public employees, reinforcing the mutual benefit derived from these negotiated agreements.
This information is meant to be a general summary of Rhode Island Public Employees' Health Services 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: $115,611
- Program Service Revenue: $7,336,139
- Gross Receipts: $11,469,425
Assets and Liabilities:
- Total Assets: $19,757,286
- Total Liabilities: $655,645
- Net Assets: $19,101,641
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$7,336,139
Organization Details
Founding Year
1980
Phone
(401) 331-1033Principal Officer
Donald Iannazzi
Main Address
410 SOUTH MAIN STREET, PROVIDENCE, RI, 029032982
NTEE Category
Code: Y40 - Mutual benefit
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