International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund

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

EIN: 061498630 ✦ Wallingford, CT ✦ Designated as a 501(c)(9)

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Overview

What is International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund?

International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund is a nonprofit organization established to offer health and welfare benefits to eligible participants and their beneficiaries. Based in Wallingford, Connecticut, the Fund provides major medical coverage, hospitalization, disability, and life insurance. This organization's primary mission is to ensure the well-being and overall health of those within its jurisdiction.

Is International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund legitimate?

International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Union Of Bricklayers & Allied Craftworkers Local 1 Health 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 International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund?

The International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund is dedicated to extending health and welfare benefits to eligible participants and their dependents. The primary objective of this organization is to ensure that those who are part of it have access to essential medical, hospitalization, disability, and life insurance coverage. The Health Fund's mission is geared towards enhancing the overall wellbeing of its members by providing them with a comprehensive range of health benefits. The Fund's scope includes major medical coverage, hospitalization benefits, disability insurance, and life insurance, among others. By offering these benefits, the Health Fund plays a crucial role in securing the health and financial security of its participants.

Who is the CEO of International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund?

Gerald A Marotti is the Trustee of International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund.

What is the revenue of International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund?

International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund's revenue in 2022 was $13,492,321.

Who are the executives of International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund and what are their salaries?


Here are 11 key members and their salaries:


Vincent Convertito (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franco Indomenico (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Dexter (Trustee)
  • Compensation: $0
  • Related: $108,211
  • Other: $85,577
Scott Aronowicz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincenzo Capasso (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vinny Arpino (Trustee)
  • Compensation: $0
  • Related: $108,211
  • Other: $83,434
John Chandler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Thompson (Trustee/Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Civitillo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Marotti (Trustee/Co-Chair)
  • Compensation: $0
  • Related: $131,966
  • Other: $100,760
Steven J Carney Iv (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund?

International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund

The International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund is dedicated to extending health and welfare benefits to its eligible participants and their beneficiaries. This nonprofit organization takes pride in offering major medical coverage, hospitalization, disability, life insurance, and other essential health benefits to those who qualify.

In essence, the International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund serves as a critical safety net for its members, ensuring they receive comprehensive healthcare services when they need it most. The organization's commitment to its beneficiaries goes beyond just providing medical coverage, as it strives to improve the overall well-being and quality of life for those it serves. The mission of the International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund is steadfast and unwavering – to provide necessary health and welfare benefits to its eligible participants and their families, creating a sense of security and peace of mind.

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Impact




August, 2024

The International Union Of Bricklayers & Allied Craftworkers Local 1 Health Fund plays a crucial role in providing essential health and welfare benefits to eligible participants and their beneficiaries. By offering major medical, hospitalization, disability, life insurance, and other health benefits, this fund contributes to the overall well-being and security of its members. These benefits can have a direct impact on the quality of life and financial stability of individuals and their families. By ensuring access to necessary healthcare services and insurance coverage, the Health Fund helps participants navigate health challenges with greater peace of mind and support.




This information is meant to be a general summary of International Union Of Bricklayers & Allied Craftworkers Local 1 Health 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
$13,492,321 (2022)
Expenses
$12,552,199 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $50,639
  • Program Service Revenue: $11,474,090
  • Gross Receipts: $16,833,454

Assets and Liabilities:

  • Total Assets: $6,955,876
  • Total Liabilities: $1,601,898
  • Net Assets: $5,353,978

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$8,835,835

EMPLOYEE CONTRIBUTIONS

Revenue

$1,360,347

RECIPROCAL NET CONTRIBUTIONS

Revenue

$1,277,908

Organization Details

Founding Year

1997

Principal Officer

Gerald A Marotti

Main Address

PO BOX 5817, WALLINGFORD, CT, 06492

NTEE Category

Code: Y40 - Mutual benefit

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