Overview
What is Plumbers Local Union No 1 Welfare Fund?
Plumbers Local Union No 1 Welfare Fund is a nonprofit organization offering essential benefits to eligible members of Plumbers Union Local No. 1. Based in Long Island City, New York, the fund provides comprehensive coverage, encompassing medical, surgical, hospitalization, death, disability, dental, prescription, and vision benefits. With a team of 184 employees, the welfare fund is dedicated to ensuring the well-being and support of its union members, enhancing their overall quality of life and peace of mind.
Is Plumbers Local Union No 1 Welfare Fund legitimate?
Plumbers Local Union No 1 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers Local Union No 1 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: $304,894
Professional Fundraising Fees: $0
Other Salaries and Wages: $691,461
For more financial information, click here
What is the mission statement of Plumbers Local Union No 1 Welfare Fund?
The Plumbers Local Union No 1 Welfare Fund is dedicated to offering essential benefits to eligible members of the Plumbers Union Local No. 1. The organization's primary mission is to provide comprehensive coverage, including medical, surgical, hospitalization, death, disability, dental, prescription, and vision benefits. Through these offerings, the Welfare Fund aims to ensure that union members have access to essential healthcare services and financial support when they need it most. The benefits provided by the Fund serve to ease the burden of medical costs and improve overall well-being for those in the union community.
Who is the CEO of Plumbers Local Union No 1 Welfare Fund?
Paul O'Connor Eugene Bo is the Labor Trustee of Plumbers Local Union No 1 Welfare Fund.
What is the revenue of Plumbers Local Union No 1 Welfare Fund?
Plumbers Local Union No 1 Welfare Fund's revenue in 2022 was $98,604,876.
Who are the executives of Plumbers Local Union No 1 Welfare Fund and what are their salaries?
The average compensation at Plumbers Local Union No 1 Welfare Fund during 2022 was $5,415. There are 184 employees at Plumbers Local Union No 1 Welfare Fund.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $239,134
- Other: $127,815
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $199,814
- Other: $120,965
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $189,995
- Other: $114,759
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $210,271
- Other: $122,892
- Compensation: $246,484
- Related: $61,166
- Other: $72,904
- Compensation: $141,506
- Related: $35,115
- Other: $72,904
- Compensation: $136,878
- Related: $33,967
- Other: $72,904
Where can I find the form 990 for Plumbers Local Union No 1 Welfare Fund?
Plumbers Local Union No 1 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Plumbers Local Union No 1 Welfare Fund
Plumbers Local Union No 1 Welfare Fund is a non-profit organization dedicated to providing essential benefits to eligible members of Plumbers Union Local No. 1. In simple terms, this fund is committed to safeguarding the health and well-being of its union members by offering various benefits.
More specifically, the Plumbers Local Union No 1 Welfare Fund extends coverage for medical, surgical, hospitalization, death, disability, dental, prescription, and vision benefits to its union members. This comprehensive suite of benefits ensures that the recipients have access to vital healthcare services when they need it most, promoting their overall well-being and peace of mind.
The mission of Plumbers Local Union No 1 Welfare Fund is to support and uplift its members by delivering essential benefits that cater to their diverse healthcare needs. By doing so, the fund plays a crucial role in enhancing the quality of life for its union members, allowing them to focus on their work and personal lives without the added worry of healthcare costs.
In summary, Plumbers Local Union No 1 Welfare Fund is an integral part of the Plumbers Union Local No. 1 community, providing vital benefits that promote the health and well-being of its members. Through its comprehensive suite of medical, surgical, hospitalization, death, disability, dental, prescription, and vision benefits, the fund ensures that its members have access to the care they need, enabling them to thrive both personally and professionally.
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Impact
October, 2024
Plumbers Local Union No 1 Welfare Fund significantly impacts the lives of its eligible members by providing a comprehensive array of benefits. These benefits include medical, surgical, hospitalization, death, disability, dental, prescription, and vision coverage, ensuring that members have access to essential healthcare services. By addressing the health and well-being of its members, the Welfare Fund helps to alleviate financial burdens that often accompany medical and dental expenses.
The Fund plays a crucial role in the community by supporting the overall health of its members, promoting a sense of security and stability that can lead to greater job performance and satisfaction. With the assurance of financial assistance for medical needs, members can focus on their work without the added stress of healthcare costs. Moreover, the Welfare Fund fosters a spirit of solidarity among union members, reinforcing their collective identity and mutual support. Ultimately, the Welfare Fund contributes to the enhancement of members' quality of life, helping them to thrive both personally and professionally.
This information is meant to be a general summary of Plumbers Local Union No 1 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,112,731
- Program Service Revenue: $92,195,192
- Gross Receipts: $143,359,446
Assets and Liabilities:
- Total Assets: $288,998,359
- Total Liabilities: $9,115,135
- Net Assets: $279,883,224
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$91,629,011
PARTICIPANT CONTRIBUTION
Revenue
$566,181
Organization Details
Founding Year
1949
Phone
(718) 835-2700Principal Officer
Paul O'Connor Eugene Bo
Main Address
50-02 5TH STREET 2ND FLOOR, LONG ISLAND CITY, NY, 11101
NTEE Category
Code: Y43 - Mutual benefit
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