Bakery Drivers Local 802 Welfare Fund

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

EIN: 111945541 ✦ Baldwin, NY ✦ Designated as a 501(c)(9)

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Overview

What is Bakery Drivers Local 802 Welfare Fund?

Bakery Drivers Local 802 Welfare Fund is a nonprofit organization situated at 2151 Marion Place, Baldwin, New York. Its primary purpose is to extend health and welfare benefits to eligible participants and their dependents. This charitable entity is dedicated to enhancing the well-being of its members, offering essential support during challenging times. The specifics of these benefits are not provided in the information given, but they typically encompass various aspects of health and lifestyle support.

Is Bakery Drivers Local 802 Welfare Fund legitimate?

Bakery Drivers Local 802 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bakery Drivers Local 802 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: $66,207

For more financial information, click here

What is the mission statement of Bakery Drivers Local 802 Welfare Fund?

The Bakery Drivers Local 802 Welfare Fund's mission is centered around providing health and welfare benefits to eligible participants and their dependents. This non-profit organization works diligently to ensure that eligible individuals have access to these essential benefits, thereby improving their overall well-being. By offering these benefits, the fund aims to contribute positively to the lives of those it serves, providing a sense of security and support during challenging times. The fund's activities are primarily focused on the provision of these benefits, ensuring that eligible individuals and their families have access to the care and assistance they need.

Who is the CEO of Bakery Drivers Local 802 Welfare Fund?

Gerard Fasano is the Trustee of Bakery Drivers Local 802 Welfare Fund.

What is the revenue of Bakery Drivers Local 802 Welfare Fund?

Bakery Drivers Local 802 Welfare Fund's revenue in 2022 was $11,837,654.

Who are the executives of Bakery Drivers Local 802 Welfare Fund and what are their salaries?


Here are 7 key members and their salaries:


Dennis Mcguire (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Orion Dechristofano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Fasano (Trustee)
  • Compensation: $0
  • Related: $208,827
  • Other: $26,318
Corey Deblis (Trustee)
  • Compensation: $0
  • Related: $4,276
  • Other: $0
James Shannon (Trustee)
  • Compensation: $0
  • Related: $190,720
  • Other: $35,954
Bernard Patton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank O'Hanlon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bakery Drivers Local 802 Welfare Fund?

Bakery Drivers Local 802 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bakery Drivers Local 802 Welfare Fund

Bakery Drivers Local 802 Welfare Fund is dedicated to providing health and welfare benefits to eligible participants and their dependents. This nonprofit organization's mission is centered around extending essential health and welfare services to those who qualify, ensuring they have access to necessary support. By offering these benefits, Bakery Drivers Local 802 Welfare Fund helps to enhance the well-being of its beneficiaries, contributing to their overall quality of life.

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Impact




October, 2024

Bakery Drivers Local 802 Welfare Fund significantly enhances the quality of life for eligible participants and their dependents by providing essential health and welfare benefits. This organization focuses on ensuring that individuals in the bakery and distribution industry have access to necessary resources that promote their health and well-being.

By offering comprehensive health benefits, the Fund alleviates financial burdens associated with medical costs, enabling families to receive timely care without the stress of high out-of-pocket expenses. This support fosters a healthier workforce, which can lead to improved job performance and overall productivity in the industry.

Additionally, the Welfare Fund emphasizes mutual benefit, strengthening community ties among participants. By collectively supporting each other’s health needs, members build a sense of solidarity and support, contributing to a more stable and interconnected community in Baldwin, NY, and beyond.




This information is meant to be a general summary of Bakery Drivers Local 802 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.

Revenue
$11,837,654 (2022)
Expenses
$10,001,832 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $38,736
  • Program Service Revenue: $11,798,918
  • Gross Receipts: $11,837,654

Assets and Liabilities:

  • Total Assets: $5,043,845
  • Total Liabilities: $166,758
  • Net Assets: $4,877,087

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$11,631,275

PARTICIPANT CONTRIBUTIONS

Revenue

$167,643

Organization Details

Founding Year

1950

Principal Officer

Gerard Fasano

Main Address

2151 MARION PLACE, BALDWIN, NY, 11510

NTEE Category

Code: Y40 - Mutual benefit

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