Ufcw And Participating Employers New England Health Fund

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

EIN: 066069081 ✦ Westport, CT ✦ Designated as a 501(c)(9)

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Overview

What is Ufcw And Participating Employers New England Health Fund?

Ufcw and Participating Employers New England Health Fund is a nonprofit organization based in Westport, Connecticut. Their primary mission is to provide authorized health and welfare benefits as per the law, including but not limited to death benefits, medical, hospital, surgical, dental, vision, prescription drug benefits, education benefits, and safety and health training, to eligible participants and beneficiaries under the specified conditions outlined in their plan of benefits. The organization caters to a workforce of ten individuals.


Official website here: www.ufcwnewenglandhealthfund.com

Is Ufcw And Participating Employers New England Health Fund legitimate?

Ufcw And Participating Employers New England Health Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ufcw And Participating Employers New England 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: $564,826

For more financial information, click here


Official website here: www.ufcwnewenglandhealthfund.com

What is the mission statement of Ufcw And Participating Employers New England Health Fund?

The Ufcw and Participating Employers New England Health Fund is committed to providing authorized or permitted health and welfare benefits as per the law. These benefits encompass a range of services, such as death benefits, medical coverage, hospital and surgical care, dental and vision care, prescription drug coverage, education benefits, and safety and health training. The fund aims to offer these benefits to qualified participants and beneficiaries in specified amounts and conditions outlined in the plan of benefits.


Official website here: www.ufcwnewenglandhealthfund.com

Who is the CEO of Ufcw And Participating Employers New England Health Fund?

Ronald Petronella is the Union Trustee of Ufcw And Participating Employers New England Health Fund.


Official website here: www.ufcwnewenglandhealthfund.com

What is the revenue of Ufcw And Participating Employers New England Health Fund?

Ufcw And Participating Employers New England Health Fund's revenue in 2022 was $119,544,052.


Official website here: www.ufcwnewenglandhealthfund.com

Who are the executives of Ufcw And Participating Employers New England Health Fund and what are their salaries?

The average compensation at Ufcw And Participating Employers New England Health Fund during 2022 was $56,483. There are 10 employees at Ufcw And Participating Employers New England Health Fund.


Here are 11 key members and their salaries:


Ronald Petronella (Union Trustee)
  • Compensation: $0
  • Related: $263,351
  • Other: $31,787
Jason Paradis (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Durning (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Spinella (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Espinosa (Union Trustee)
  • Compensation: $0
  • Related: $270,361
  • Other: $3,352
Christa Kramer (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Lemus (Union Trustee)
  • Compensation: $0
  • Related: $171,932
  • Other: $28,651
Tim Melia (Union Trustee)
  • Compensation: $0
  • Related: $206,932
  • Other: $32,260
Susan Sanville (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Jones (Union Trustee)
  • Compensation: $0
  • Related: $112,731
  • Other: $14,655
Barbara Fedumenti (Plan Employee)
  • Compensation: $143,015
  • Related: $0
  • Other: $13,895


Official website here: www.ufcwnewenglandhealthfund.com

Where can I find the form 990 for Ufcw And Participating Employers New England Health Fund?

Ufcw And Participating Employers New England Health Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ufcwnewenglandhealthfund.com

Learn more at the official website: www.ufcwnewenglandhealthfund.com

Mission Statement of Ufcw And Participating Employers New England Health Fund

Ufcw And Participating Employers New England Health Fund, a health and welfare trust, is dedicated to providing authorized and permitted health and welfare benefits as outlined by law. These benefits encompass various areas, including but not limited to death benefits, medical coverage, hospitalization, surgical procedures, dental care, vision care, prescription drug coverage, education benefits, and safety and health training. The trust's mission is to extend these comprehensive benefits to qualified participants and beneficiaries, all according to the specified plans and conditions.

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Impact




October, 2024

UFCW and Participating Employers New England Health Fund significantly impacts the health and welfare of its members by providing essential benefits that address various needs. The fund offers a range of health-related services, including medical, hospital, surgical, dental, vision, and prescription drug benefits, which contribute to the overall well-being of qualified participants and their families.

By ensuring access to these vital health benefits, the fund helps reduce financial barriers for members in need of care, fostering a healthier community. Additionally, it provides education benefits and safety and health training, further enhancing the skill sets and safety awareness of participants in the workforce. This holistic approach not only addresses immediate health concerns but also empowers members through education and training, ultimately contributing to better job security and career advancement. The trust embodies a mutual benefit system that prioritizes the welfare of its members, reinforcing the principle of collective support within the community.




This information is meant to be a general summary of Ufcw And Participating Employers New England 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
$119,544,052 (2022)
Expenses
$141,128,900 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $183,597
  • Program Service Revenue: $110,809,387
  • Gross Receipts: $140,136,958

Assets and Liabilities:

  • Total Assets: $102,915,649
  • Total Liabilities: $12,938,092
  • Net Assets: $89,977,557

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$99,820,137

PARTICIPANT AND RETUREE CONTRIBUT

Revenue

$10,989,250

Organization Details

Founding Year

1959

Principal Officer

Ronald Petronella

Main Address

PO BOX 5160, WESTPORT, CT, 068809917

NTEE Category

Code: Y40 - Mutual benefit

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