Bctgm Local 53 Health Benefits Fund

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

EIN: 111782177 ✦ Rutherford, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Bctgm Local 53 Health Benefits Fund?

The Bctgm Local 53 Health Benefits Fund is a nonprofit organization based in Rutherford, New Jersey. This organization's primary mission is to provide health and welfare benefits to approximately 1,636 participants and their dependents. Their offerings include medical, hospital, dental, prescription drug, life and disability, as well as death benefits. The Bctgm Local 53 Health Benefits Fund aims to support its members by ensuring they have access to essential health services. The total workforce of this organization consists of three employees.

Is Bctgm Local 53 Health Benefits Fund legitimate?

Bctgm Local 53 Health Benefits Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bctgm Local 53 Health Benefits 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: $158,580

For more financial information, click here

What is the mission statement of Bctgm Local 53 Health Benefits Fund?

The Bctgm Local 53 Health Benefits Fund is dedicated to providing health and welfare benefits to its participants and their eligible dependents. The organization's primary objective is to offer medical, hospital, dental, prescription drug, life and disability, as well as death benefits to eligible individuals. These benefits are designed to ensure that participants and their dependents have access to essential health services. The Fund currently supports 1,636 individuals with these comprehensive benefits.

Who is the CEO of Bctgm Local 53 Health Benefits Fund?

Joyce Alston is the Trustee of Bctgm Local 53 Health Benefits Fund.

What is the revenue of Bctgm Local 53 Health Benefits Fund?

Bctgm Local 53 Health Benefits Fund's revenue in 2022 was $30,081,271.

Who are the executives of Bctgm Local 53 Health Benefits Fund and what are their salaries?

The average compensation at Bctgm Local 53 Health Benefits Fund during 2022 was $52,860. There are 3 employees at Bctgm Local 53 Health Benefits Fund.


Here are 6 key members and their salaries:


Joyce Alston (Trustee)
  • Compensation: $0
  • Related: $93,565
  • Other: $52,734
Joseph Weinbel (Trustee)
  • Compensation: $0
  • Related: $84,542
  • Other: $51,027
Joseph Rodriguez (Trustee)
  • Compensation: $0
  • Related: $46,509
  • Other: $44,087
Calvin Williams (Trustee)
  • Compensation: $0
  • Related: $72,668
  • Other: $52,734
Jeanne Carrieri (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Atkinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bctgm Local 53 Health Benefits Fund?

Bctgm Local 53 Health Benefits Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bctgm Local 53 Health Benefits Fund

Bctgm Local 53 Health Benefits Fund is a nonprofit organization dedicated to supplying eligible participants and their dependents with essential health and welfare benefits. The primary objective of this organization is to extend medical, hospital, dental, prescription drug, life and disability, as well as death benefits to those who qualify.

Through its mission, Bctgm Local 53 Health Benefits Fund caters to 1,636 participants and their dependents, ensuring they have access to crucial healthcare services. By offering this assistance, the organization significantly enhances the overall wellbeing and peace of mind for the individuals it serves.

Bctgm Local 53 Health Benefits Fund's efforts are aimed at providing vital medical, hospital, dental, prescription drug, life and disability, and death benefits to those eligible, ultimately contributing to their overall health and financial security. With a focus on enhancing the quality of life for its participants, the organization plays a crucial role in ensuring that essential healthcare services are accessible to those who need them.

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Impact




October, 2024

The Bctgm Local 53 Health Benefits Fund plays a crucial role in supporting the health and welfare of its participants and their eligible dependents. By providing comprehensive health benefits, including medical, hospital, dental, prescription drug, life, and disability coverage, the Fund ensures that 1,636 participants have access to essential healthcare services. This support not only helps individuals manage their health needs but also provides peace of mind for families facing potential medical challenges. The availability of these benefits significantly contributes to the overall well-being and financial stability of the community in Rutherford, NJ, reinforcing the importance of mutual aid and collective support in times of need.




This information is meant to be a general summary of Bctgm Local 53 Health Benefits 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
$30,081,271 (2022)
Expenses
$30,535,645 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $243,112
  • Program Service Revenue: $28,843,260
  • Gross Receipts: $33,051,384

Assets and Liabilities:

  • Total Assets: $11,617,146
  • Total Liabilities: $716,335
  • Net Assets: $10,900,811

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$28,762,520

COBRA CONTRIBUTIONS

Revenue

$80,740

Organization Details

Founding Year

1956

Principal Officer

Joyce Alston

Main Address

85 ORIENT WAY 2ND FLOOR, RUTHERFORD, NJ, 070702070

NTEE Category

Code: Y40 - Mutual benefit

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