Overview
What is Local 1205 Welfare Fund?
The Local 1205 Welfare Fund is a nonprofit organization situated at 246 Conklin Street, Farmingdale, New York, 11735. Its primary mission is to extend health and welfare benefits to eligible participants and their dependents. This charitable entity focuses on improving the lives of those it serves, ensuring they have access to essential benefits when they need it most.
Is Local 1205 Welfare Fund legitimate?
Local 1205 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 1205 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: $237,822
For more financial information, click here
What is the mission statement of Local 1205 Welfare Fund?
The Local 1205 Welfare Fund is dedicated to extending health and welfare benefits to eligible individuals and their dependents. Through this commitment, they aim to enhance the well-being and quality of life for those enrolled in their program. By providing essential benefits, the Fund seeks to alleviate financial burdens and ensure access to vital services for its participants. The organization's mission is centered around offering a safety net, enabling eligible individuals to focus on their wellbeing and achieving greater stability. The health benefits include coverage for various medical expenses and preventative care, while the welfare component encompasses support for necessities such as housing, food, and other essential needs. Overall, the Local 1205 Welfare Fund plays a crucial role in caring for its community by offering a comprehensive range of essential benefits and resources.
Who is the CEO of Local 1205 Welfare Fund?
Daniel Decrotie is the Trustee of Local 1205 Welfare Fund.
What is the revenue of Local 1205 Welfare Fund?
Local 1205 Welfare Fund's revenue in 2023 was $18,673,194.
Who are the executives of Local 1205 Welfare Fund and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $97,502
- Other: $32,048
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $98,510
- Other: $14,294
Where can I find the form 990 for Local 1205 Welfare Fund?
Local 1205 Welfare Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Local 1205 Welfare Fund
Local 1205 Welfare Fund is a charitable organization dedicated to extending health and welfare benefits to eligible participants and their dependents. The mission of this nonprofit is multifaceted, geared towards improving the overall well-being of those it serves.
In essence, Local 1205 Welfare Fund functions as a safety net, providing essential resources and support for individuals and families in need. By offering health and welfare benefits, the organization enables its recipients to focus on their well-being and overcome various challenges. The services offered by this nonprofit are crucial in ensuring that eligible participants and their dependents have access to essential resources, fostering stability and promoting long-term health.
The mission of Local 1205 Welfare Fund is driven by a deep commitment to supporting the community it serves. By providing health and welfare benefits, the organization helps alleviate the financial burden of healthcare and other essential needs, allowing individuals and families to focus on their personal growth and development. The nonprofit's efforts not only improve the lives of those it directly supports but also contribute to the overall health and well-being of the community.
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Impact
October, 2024
Local 1205 Welfare Fund significantly enhances the well-being of eligible participants and their dependents by providing essential health and welfare benefits. Situated in Farmingdale, NY, the Fund’s core mission focuses on delivering critical support to individuals and families, ensuring they have access to necessary healthcare services. This commitment not only alleviates financial burdens associated with medical expenses but also promotes overall health and wellness within the community. By focusing on mutual benefit, Local 1205 fosters a supportive environment where members and their families can thrive, ultimately contributing to a healthier, more secure future.
This information is meant to be a general summary of Local 1205 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 2023.
- Investment Income: $889,777
- Program Service Revenue: $17,783,417
- Gross Receipts: $21,609,590
Assets and Liabilities:
- Total Assets: $36,055,749
- Total Liabilities: $4,476,466
- Net Assets: $31,579,283
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$17,363,874
PARTICIPANT CONTRIBUTIONS
Revenue
$292,717
COBRA CONTRIBUTIONS
Revenue
$126,826
Organization Details
Founding Year
1975
Phone
(516) 501-1205Principal Officer
Daniel Decrotie
Main Address
246 CONKLIN STREET, FARMINGDALE, NY, 11735
NTEE Category
Code: Y40 - Mutual benefit
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