Overview
What is United Welfare Fund?
The United Welfare Fund is a nonprofit organization based in New Rochelle, New York, with a workforce of 19 individuals. Their primary mission is to extend essential health, security, and supplemental welfare benefits to eligible participants and their beneficiaries. This includes various forms of assistance aimed at improving their overall well-being.
Is United Welfare Fund legitimate?
United Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. United 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: $430,352
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,774,131
For more financial information, click here
What is the mission statement of United Welfare Fund?
The United Welfare Fund is dedicated to extending vital benefits to eligible participants and their beneficiaries. These benefits encompass various aspects of wellbeing, including health and security, as well as financial assistance in the event of death. The organization's primary objective is to ensure the welfare and support of those in need. By providing these essential services, the United Welfare Fund aims to enhance the quality of life for its beneficiaries and bring them a sense of stability and security. The organization's commitment extends beyond just offering benefits, as it also strives to create a safety net for its community and foster overall wellbeing.
Who is the CEO of United Welfare Fund?
William Sweeney is the Union Trustee of United Welfare Fund.
What is the revenue of United Welfare Fund?
United Welfare Fund's revenue in 2022 was $188,463,045.
Who are the executives of United Welfare Fund and what are their salaries?
The average compensation at United Welfare Fund during 2022 was $168,657. There are 19 employees at United Welfare Fund.
Here are 25 key members and their salaries:
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- Compensation: $260,997
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- Other: $7,931
Where can I find the form 990 for United Welfare Fund?
United Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of United Welfare Fund
The United Welfare Fund is a nonprofit organization committed to providing essential health, security, death, and supplemental welfare benefits to eligible participants and their beneficiaries. In simple terms, this compassionate entity works tirelessly to ensure the wellbeing of those in need, offering a safety net during challenging times.
Through its mission, United Welfare Fund extends a helping hand to eligible individuals, providing them with vital benefits that enhance their quality of life. These benefits include, but are not limited to, health services, financial assistance, and support during critical moments, such as the end of life. This nonprofit organization acts as a beacon of hope, offering a lifeline to those who need it most.
Moreover, United Welfare Fund is dedicated to making a significant difference in the lives of its beneficiaries. By providing a range of essential welfare benefits, this nonprofit organization is able to support and uplift those who might otherwise find themselves in precarious situations. United Welfare Fund's unwavering commitment to its mission ensures that it remains an indispensable resource for those in need, offering a helping hand and a path towards a brighter future.
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Impact
October, 2024
The United Welfare Fund significantly impacts the lives of eligible participants and their beneficiaries by providing essential health, security, and supplemental welfare benefits. This support enhances overall well-being, offering individuals and families financial stability during times of need, such as illness, loss, or emergencies. By ensuring access to crucial health resources and providing security benefits, the Fund plays a vital role in improving the quality of life for its members. The focus on supplemental welfare benefits further aids in addressing gaps that may exist in traditional support systems, empowering participants to navigate challenges more effectively and fostering a sense of community resilience in New Rochelle, NY.
This information is meant to be a general summary of United 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: $4,452,353
- Program Service Revenue: $182,979,234
- Gross Receipts: $549,006,978
Assets and Liabilities:
- Total Assets: $539,950,213
- Total Liabilities: $3,629,930
- Net Assets: $536,320,283
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$181,918,692
PARTICIPANT CONTRIBUTIONS
Revenue
$1,060,542
Organization Details
Founding Year
1956
Phone
(718) 658-4848Principal Officer
William Sweeney
Main Address
145 HUGUENOT STREET 100, NEW ROCHELLE, NY, 10801
NTEE Category
Code: J40 - Employment
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