Ufcw Local 312 Benefit Fund

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

EIN: 111889115 ✦ Matawan, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Ufcw Local 312 Benefit Fund?

Ufcw Local 312 Benefit Fund is a nonprofit organization based in Matawan, New Jersey. With a small team of six employees, their primary mission is to provide ancillary benefits to eligible participants and their families. These benefits include critical illness and accident coverage, dental and optical care, legal support, and death benefits. The organization's purpose is to offer a safety net of support for its members during challenging times, ensuring they have access to essential services when they need them most.


Official website here: www.ufcw312.org/site/benefitfund

Is Ufcw Local 312 Benefit Fund legitimate?

Ufcw Local 312 Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ufcw Local 312 Benefit 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: $265,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $268,456

For more financial information, click here


Official website here: www.ufcw312.org/site/benefitfund

What is the mission statement of Ufcw Local 312 Benefit Fund?

The Ufcw Local 312 Benefit Fund is committed to providing ancillary benefits to eligible participants and their families. These benefits include coverage for critical illnesses and accidents, dental care, optical services, legal assistance, and death benefits. The fund's mission is to offer these essential services, aiming to support its members during various life challenges. It serves as a safety net, providing financial assistance and peace of mind, ensuring that its beneficiaries can focus on recovery and well-being during challenging times.


Official website here: www.ufcw312.org/site/benefitfund

Who is the CEO of Ufcw Local 312 Benefit Fund?

Scott Lonano is the Trustee of Ufcw Local 312 Benefit Fund.


Official website here: www.ufcw312.org/site/benefitfund

What is the revenue of Ufcw Local 312 Benefit Fund?

Ufcw Local 312 Benefit Fund's revenue in 2023 was $1,828,397.


Official website here: www.ufcw312.org/site/benefitfund

Who are the executives of Ufcw Local 312 Benefit Fund and what are their salaries?

The average compensation at Ufcw Local 312 Benefit Fund during 2023 was $88,993. There are 6 employees at Ufcw Local 312 Benefit Fund.


Here are 3 key members and their salaries:


Robert Lasalle (Trustee)
  • Compensation: $0
  • Related: $368,750
  • Other: $45,406
Brian Powers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Lonano (Fund Administrator)
  • Compensation: $265,500
  • Related: $2,400
  • Other: $40,786


Official website here: www.ufcw312.org/site/benefitfund

Where can I find the form 990 for Ufcw Local 312 Benefit Fund?

Ufcw Local 312 Benefit Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ufcw312.org/site/benefitfund

Learn more at the official website: www.ufcw312.org/site/benefitfund

Mission Statement of Ufcw Local 312 Benefit Fund

Ufcw Local 312 Benefit Fund is committed to providing ancillary benefits to eligible participants and their families. This nonprofit organization offers a range of benefits, including coverage for critical illness and accidents, dental care, optical services, legal assistance, and death benefits. By doing so, Ufcw Local 312 Benefit Fund aims to support its members and their families during challenging times, providing them with the necessary resources to navigate through various health and legal challenges. The fund's mission is crucial in ensuring that its participants have access to essential benefits, thereby enhancing their overall well-being and peace of mind.

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Impact




October, 2024

UFCW Local 312 Benefit Fund significantly enhances the well-being of eligible participants and their families by providing essential ancillary benefits. These benefits include critical illness and accident coverage, dental, optical, legal services, and death benefits. By addressing various aspects of health and legal support, the fund plays a vital role in improving financial security and peace of mind for workers and their loved ones. This comprehensive approach helps ensure that participants are better equipped to handle unforeseen circumstances, ultimately contributing to their overall quality of life. Based in Matawan, NJ, the fund's mission reflects a commitment to supporting the community and fostering a safer, healthier environment for all involved.




This information is meant to be a general summary of Ufcw Local 312 Benefit 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
$1,828,397 (2023)
Expenses
$1,818,379 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $22,644
  • Program Service Revenue: $1,730,469
  • Gross Receipts: $1,926,056

Assets and Liabilities:

  • Total Assets: $1,626,777
  • Total Liabilities: $479,938
  • Net Assets: $1,146,839

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Programs

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

EMPLOYERS' CONTRIBUTIO

Revenue

$1,730,469

Organization Details

Founding Year

1962

Principal Officer

Scott Lonano

Main Address

400 STATE ROUTE 34 SUITE D, MATAWAN, NJ, 07747

NTEE Category

Code: J20 - Employment

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