Rhode Island Shipping Assoc Welfare Fund

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

EIN: 056018069 ✦ Cranston, RI ✦ Designated as a 501(c)(9)

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Overview

What is Rhode Island Shipping Assoc Welfare Fund?

The Rhode Island Shipping Associations Welfare Fund is a nonprofit organization situated in Cranston, Rhode Island. Their primary mission is to extend medical, dental, and life insurance benefits to eligible participants. This nonprofit organization aims to support its members by providing essential health coverage, ensuring their well-being and peace of mind. The specifics of the eligibility criteria and the details of insurance coverage are not provided in the information.

Is Rhode Island Shipping Assoc Welfare Fund legitimate?

Rhode Island Shipping Assoc Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Rhode Island Shipping Assoc 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: $0

For more financial information, click here

What is the mission statement of Rhode Island Shipping Assoc Welfare Fund?

The Rhode Island Shipping Associations Welfare Fund is dedicated to providing essential insurance benefits to eligible participants. Their mission is to offer medical, dental, and life insurance coverage, aiming to support the health and well-being of those who qualify. By providing these benefits, the fund aims to offer a safety net and peace of mind to its eligible participants. The fund's primary objective is to ensure that eligible individuals have access to necessary medical, dental, and life insurance services, enhancing their overall quality of life.

Who is the CEO of Rhode Island Shipping Assoc Welfare Fund?

Christopher Waterson is the Trustee of Rhode Island Shipping Assoc Welfare Fund.

What is the revenue of Rhode Island Shipping Assoc Welfare Fund?

Rhode Island Shipping Assoc Welfare Fund's revenue in 2021 was $1,546,952.

Who are the executives of Rhode Island Shipping Assoc Welfare Fund and what are their salaries?


Here are 5 key members and their salaries:


Steven Bento (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Heyden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Martinelli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Orlando Valles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Waterson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rhode Island Shipping Assoc Welfare Fund?

Rhode Island Shipping Assoc Welfare Fund's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Rhode Island Shipping Assoc Welfare Fund

The Rhode Island Shipping Associates Welfare Fund is dedicated to providing essential medical, dental, and life insurance benefits to eligible participants. Their mission is centered around extending these critical insurance coverages to those who qualify, thereby offering them peace of mind and access to necessary healthcare services. The organization's primary role is to ensure that eligible individuals have access to these vital insurance benefits, thereby enhancing their overall well-being and financial security.

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Impact




October, 2024

The Rhode Island Shipping Assoc Welfare Fund significantly impacts the lives of eligible participants by providing essential medical, dental, and life insurance benefits. This support helps ensure individuals and their families have access to vital healthcare services, promoting overall well-being and financial stability. By addressing the health needs of participants, the fund plays a crucial role in enhancing quality of life and providing peace of mind in times of medical need. Additionally, the assurance of life insurance benefits offers security for families, helping them navigate unforeseen circumstances with greater resilience. Overall, the Welfare Fund serves as a critical resource for fostering health and financial security within the community.




This information is meant to be a general summary of Rhode Island Shipping Assoc 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.

Revenue
$1,546,952 (2021)
Expenses
$1,352,461 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $166
  • Program Service Revenue: $1,546,786
  • Gross Receipts: $1,546,952

Assets and Liabilities:

  • Total Assets: $2,553,737
  • Total Liabilities: $428,901
  • Net Assets: $2,124,836

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,545,129

PARTICIPANTS' CONTRIBUTIONS

Revenue

$1,657

Organization Details

Founding Year

1949

Principal Officer

Christopher Waterson

Main Address

200 MIDWAY ROAD STE 177, CRANSTON, RI, 02920

NTEE Category

Code: Y40 - Mutual benefit

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