New England Health Care Employees Welfare Fund

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

EIN: 061188411 ✦ Hartford, CT ✦ Designated as a 501(c)(9)

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Overview

What is New England Health Care Employees Welfare Fund?

The New England Health Care Employees Welfare Fund is a nonprofit organization that offers Health & Welfare benefits to nearly 7000 eligible individuals and their dependents. Their extensive range of benefits includes Health insurance, hearing aids, vision care, dental coverage, disability assistance, prescription drug plans, death benefits, scholarships, accidental death and dismemberment protection, and mental health services. By providing these essential benefits, the New England Health Care Employees Welfare Fund aims to ensure the wellbeing of its participants and their families.


Official website here: www.nehcwelfarepensionfunds.org

What are the reviews and ratings of this charity?

The New England Health Care Employees Welfare Fund is currently not rated by Charity Navigator. This absence doesn't reflect a positive or negative assessment but indicates that the organization hasn't been evaluated under the applicable methodologies. Charity Navigator primarily rates 501(c)(3) IRS registered nonprofits using various metrics including Accountability & Finance and others, which this organization doesn't fall under.

The organization is registered under a different IRS code and thus lacks the typical evaluation criteria such as leadership, adaptability, and fiscal transparency. This limits the financial and accountability insights available to potential donors or stakeholders. Details such as total revenue, expenses, or key personnel salaries are not accessible, impeding a comprehensive financial analysis.

Furthermore, due to its status, data like Form 990, which might provide more insights into operations, are not typically included in Charity Navigator's assessment. With no user reviews available from GreatNonprofits, there is limited public feedback on the organization's operations or impact, leaving an information gap regarding its community or stakeholder relationships.


This AI summary has been generated from information found on Charity Navigator.

Is New England Health Care Employees Welfare Fund legitimate?

New England Health Care Employees Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. New England Health Care Employees 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: $963,165

For more financial information, click here


Official website here: www.nehcwelfarepensionfunds.org

What is the mission statement of New England Health Care Employees Welfare Fund?

The New England Health Care Employees Welfare Fund is committed to providing Health and Welfare benefits to around 7000 eligible individuals and their dependents. This organization offers an extensive range of benefits to enhance their overall wellbeing. These benefits encompass Health coverage, hearing aid assistance, vision care, dental services, disability support, prescription drug plans, life insurance, scholarships, and accidental death and dismemberment protection. The primary focus of the New England Health Care Employees Welfare Fund is to ensure the well-being and health of its participants.


Official website here: www.nehcwelfarepensionfunds.org

Who is the CEO of New England Health Care Employees Welfare Fund?

David Pickus is the Management Trustee of New England Health Care Employees Welfare Fund.


Official website here: www.nehcwelfarepensionfunds.org

What is the revenue of New England Health Care Employees Welfare Fund?

New England Health Care Employees Welfare Fund's revenue in 2022 was $45,253,329.


Official website here: www.nehcwelfarepensionfunds.org

Who are the executives of New England Health Care Employees Welfare Fund and what are their salaries?

The average compensation at New England Health Care Employees Welfare Fund during 2022 was $40,132. There are 24 employees at New England Health Care Employees Welfare Fund.


Here are 11 key members and their salaries:


Arnold Avila (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Morrisette (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Pickus (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Martin (Union Trustee)
  • Compensation: $0
  • Related: $98,701
  • Other: $26,062
Mark Schwartz (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Coleman-Mcnamara (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalia Cook (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Quinn (Union Trustee (P))
  • Compensation: $0
  • Related: $112,477
  • Other: $31,973
Robert Baril (Union Trustee (P))
  • Compensation: $0
  • Related: $123,947
  • Other: $36,102
Suzanne Clark (Union Trustee)
  • Compensation: $0
  • Related: $116,058
  • Other: $33,936
Charles Rubeor (Fund Employee)
  • Compensation: $99,572
  • Related: $24,893
  • Other: $36,094


Official website here: www.nehcwelfarepensionfunds.org

Where can I find the form 990 for New England Health Care Employees Welfare Fund?

New England Health Care Employees Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nehcwelfarepensionfunds.org

Learn more at the official website: www.nehcwelfarepensionfunds.org

Mission Statement of New England Health Care Employees Welfare Fund

The New England Health Care Employees Welfare Fund is a mission-driven organization that offers Health & Welfare benefits to approximately 7000 eligible participants and their dependents. This nonprofit takes pride in providing a comprehensive range of benefits designed to support the overall wellbeing of its members.

In more detail, the New England Health Care Employees Welfare Fund extends beyond the realm of traditional health coverage. It includes essential benefits like Health insurance, hearing aids, vision services, and dental care. Additionally, it offers disability coverage, prescription drug coverage, and death benefits to its participants. Furthermore, it offers scholarships and accidental death & dismemberment coverage to add an extra layer of security to its members' lives. Lastly, mental health benefits are offered to ensure the emotional wellbeing of all those enrolled.

The New England Health Care Employees Welfare Fund's commitment to its members goes beyond just providing benefits. It strives to ensure that the individuals and families it serves have access to the resources they need to maintain their health and wellbeing. This dedication is reflected in the wide range of benefits it offers and the support it provides to its participants.

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Impact




August, 2024

The New England Health Care Employees Welfare Fund positively impacts approximately 7000 eligible participants and their dependents by providing a wide range of Health & Welfare benefits. These benefits include health, hearing aid, vision, dental, disability, prescription drug, death, scholarships, accidental death & dismemberment, and mental health coverage. By offering these vital benefits, the Fund helps ensure the health and well-being of its members and their families in Hartford, CT.




This information is meant to be a general summary of New England Health Care Employees 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
$45,253,329 (2022)
Expenses
$37,884,123 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $56,276
  • Program Service Revenue: $44,106,371
  • Gross Receipts: $58,883,203

Assets and Liabilities:

  • Total Assets: $43,108,107
  • Total Liabilities: $5,291,162
  • Net Assets: $37,816,945

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$43,261,226

EMPLOYEE CONTRIBUTIONS

Revenue

$845,145

Organization Details

Founding Year

1986

Principal Officer

David Pickus

Main Address

77 HUYSHOPE AVENUE 2ND FLOOR, HARTFORD, CT, 06106

NTEE Category

Code: Y40 - Mutual benefit

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