Overview
What is International Union Of Operating Engineers Local 138 Welfare Fund?
The International Union of Operating Engineers Local 138 Welfare Fund is a nonprofit organization based in Farmingdale, New York. With a small team of four individuals, they are dedicated to providing essential benefits to eligible participants and their dependents. Their offerings include medical, death, optical, dental, vacation, and unemployment coverage. This commitment to support and well-being enhances the quality of life for those involved, ensuring peace of mind in various aspects of their daily lives.
Official website here: www.local138.com
Is International Union Of Operating Engineers Local 138 Welfare Fund legitimate?
International Union Of Operating Engineers Local 138 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Union Of Operating Engineers Local 138 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: $452,510
For more financial information, click here
Official website here: www.local138.com
What is the mission statement of International Union Of Operating Engineers Local 138 Welfare Fund?
The International Union Of Operating Engineers Local 138 Welfare Fund is dedicated to offering essential benefits to eligible participants and their dependents. The primary focus of the fund is to ensure access to medical, death, optical, dental, vacation, and unemployment benefits. By providing these benefits, the welfare fund enhances the well-being and security of its members. The fund's mission underscores its commitment to supporting its community by addressing their basic needs and ensuring peace of mind. Through its comprehensive benefit package, the International Union Of Operating Engineers Local 138 Welfare Fund empowers its members to focus on their personal and professional growth while having crucial coverage for life's uncertainties.
Official website here: www.local138.com
Who is the CEO of International Union Of Operating Engineers Local 138 Welfare Fund?
John Duffy is the Trustee of International Union Of Operating Engineers Local 138 Welfare Fund.
Official website here: www.local138.com
What is the revenue of International Union Of Operating Engineers Local 138 Welfare Fund?
International Union Of Operating Engineers Local 138 Welfare Fund's revenue in 2022 was $42,543,843.
Official website here: www.local138.com
Who are the executives of International Union Of Operating Engineers Local 138 Welfare Fund and what are their salaries?
The average compensation at International Union Of Operating Engineers Local 138 Welfare Fund during 2022 was $113,128. There are 4 employees at International Union Of Operating Engineers Local 138 Welfare Fund.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $354,805
- Other: $83,634
- Compensation: $0
- Related: $287,732
- Other: $99,643
- Compensation: $0
- Related: $283,849
- Other: $98,964
- Compensation: $0
- Related: $286,147
- Other: $100,139
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $284,054
- Other: $98,964
- Compensation: $0
- Related: $231,416
- Other: $77,833
- Compensation: $0
- Related: $256,969
- Other: $78,191
- Compensation: $0
- Related: $283,867
- Other: $98,964
- Compensation: $0
- Related: $189,910
- Other: $64,784
- Compensation: $0
- Related: $174,431
- Other: $70,349
- Compensation: $102,479
- Related: $0
- Other: $35,484
Official website here: www.local138.com
Where can I find the form 990 for International Union Of Operating Engineers Local 138 Welfare Fund?
International Union Of Operating Engineers Local 138 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.local138.com
Learn more at the official website: www.local138.com
Mission Statement of International Union Of Operating Engineers Local 138 Welfare Fund
International Union Of Operating Engineers Local 138 Welfare Fund is a charitable organization dedicated to extending essential benefits to eligible participants and their dependents. The primary objective of this fund is multifaceted, encompassing the provision of medical, death, optical, dental, vacation, and unemployment benefits.
This nonprofit organization is committed to enhancing the well-being of its members. It offers a comprehensive range of benefits designed to cater to various aspects of their lives. The medical coverage ensures access to vital healthcare services, providing peace of mind and financial security during times of illness. The death benefit is a thoughtful provision, safeguarding the families of members in the unfortunate event of a fatality.
Optical and dental benefits play a pivotal role in maintaining good health. The fund's vision care coverage ensures members can afford necessary eyewear, while dental benefits promote oral health and prevent costly dental procedures. Vacation benefits offer an opportunity for members to recharge and spend quality time with their loved ones, fostering work-life balance. Lastly, the unemployment benefits act as a financial safety net during periods of job loss, enabling members to sustain their living expenses until they secure new employment.
In summary, International Union Of Operating Engineers Local 138 Welfare Fund is a benevolent organization that extends essential benefits to eligible participants. By offering medical, death, optical, dental, vacation, and unemployment benefits, it seeks to improve the quality of life for its members and their dependents.
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Impact
October, 2024
The International Union of Operating Engineers Local 138 Welfare Fund significantly impacts the well-being of eligible participants and their dependents by offering essential benefits that include medical, dental, optical, and death benefits, as well as provisions for vacation and unemployment. This comprehensive support system ensures that union members have access to critical healthcare services, contributing to their overall health and financial security. By alleviating the burdens associated with medical expenses and providing safety nets during unemployment and other life challenges, the Fund plays a vital role in fostering a sense of security and stability for working families in Farmingdale, NY, and beyond. Its commitment to mutual benefit enhances the quality of life for its members, promoting both individual health and broader community resilience.
This information is meant to be a general summary of International Union Of Operating Engineers Local 138 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: $288,811
- Program Service Revenue: $42,255,032
- Gross Receipts: $44,375,656
Assets and Liabilities:
- Total Assets: $28,205,674
- Total Liabilities: $11,661,079
- Net Assets: $16,544,595
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIB.
Revenue
$33,324,112
PARTICIPANT CONT
Revenue
$6,871,371
PRESCRIPTION REBATES
Revenue
$1,659,568
STOP-LOSS REIMBURSEMENTS
Revenue
$399,981
Organization Details
Founding Year
1952
Phone
(631) 592-5725Principal Officer
John Duffy
Main Address
PO BOX 206 137 GAZZA BLVD, FARMINGDALE, NY, 11735
Website
www.local138.comNTEE Category
Code: Y40 - Mutual benefit
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