Overview
What is Local 298 Health Fund I Local 298 Health Benefit Fund 1?
Local 298 Health Fund I, also known as Local 298 Health Benefit Fund 1, is a nonprofit organization based in Valley Stream, New York. Their primary focus is providing health benefits to eligible participants. With a clear mission statement, this organization aims to enhance the wellbeing of its members by offering essential health benefits. By translating the information into simple terms, the organization serves to improve the health situations of those it caters to.
What are the reviews and ratings of this charity?
The Local 298 Health Fund I is not currently rated by Charity Navigator as it does not meet the eligibility criteria, which require registration as a 501(c)(3) nonprofit organization. This type of registration is necessary for a comprehensive evaluation under Charity Navigator's methodologies, including those related to Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability.
The organization's inability to be rated is primarily due to its foundation and affiliation status, as it does not fall under the specific nonprofit category rated by Charity Navigator. Its inclusion in the Exempt Organization IRS Business Master File does provide some available data points but does not fulfill the necessary requirements for a broad financial or impact analysis.
There are no user reviews for Local 298 Health Fund I available on GreatNonprofits, meaning there is a lack of community feedback or user experiences to further inform public perception of this organization's efficacy or service quality.
This AI summary has been generated from information found on Charity Navigator.
Is Local 298 Health Fund I Local 298 Health Benefit Fund 1 legitimate?
Local 298 Health Fund I Local 298 Health Benefit Fund 1 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 298 Health Fund I Local 298 Health Benefit Fund 1 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: $154,773
Professional Fundraising Fees: $0
Other Salaries and Wages: $250,982
For more financial information, click here
What is the mission statement of Local 298 Health Fund I Local 298 Health Benefit Fund 1?
Local 298 Health Fund I, also known as Local 298 Health Benefit Fund 1, is dedicated to extending health benefits to eligible participants. Their primary objective is to ensure that those who qualify can access essential healthcare services. The fund operates with a mission to make a positive impact on the health and wellbeing of its members. It strives to provide comprehensive coverage and facilitate access to medical care when needed. Through its initiatives, it aims to enhance the overall health and quality of life for eligible participants. The fund's commitment to its mission is unwavering, as it continuously seeks to expand and improve its offerings to better serve its community.
Who is the CEO of Local 298 Health Fund I Local 298 Health Benefit Fund 1?
Victor Lagreca is the Trustee/ Union Officer of Local 298 Health Fund I Local 298 Health Benefit Fund 1.
What is the revenue of Local 298 Health Fund I Local 298 Health Benefit Fund 1?
Local 298 Health Fund I Local 298 Health Benefit Fund 1's revenue in 2022 was $25,395,807.
Who are the executives of Local 298 Health Fund I Local 298 Health Benefit Fund 1 and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $25,148
- Related: $199,248
- Other: $31,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $129,625
- Related: $40,402
- Other: $26,000
Where can I find the form 990 for Local 298 Health Fund I Local 298 Health Benefit Fund 1?
Local 298 Health Fund I Local 298 Health Benefit Fund 1's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 298 Health Fund I Local 298 Health Benefit Fund 1
Local 298 Health Fund I is a mission-driven organization dedicated to extending health benefits to eligible participants. This nonprofit entity prioritizes the well-being of individuals who meet specific criteria, ensuring they have access to essential healthcare services.
In simpler terms, Local 298 Health Fund I serves as a safety net for individuals, offering them crucial health benefits when they need it most. By providing this critical support, the organization enhances the quality of life for its beneficiaries, addressing their healthcare needs and promoting their overall well-being.
Through its unwavering commitment and mission, Local 298 Health Fund I has become an indispensable resource for those in need. By focusing on delivering health benefits, the organization plays a pivotal role in improving the health and livelihoods of the people it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Local 298 Health Fund I Local 298 Health Benefit Fund 1 plays a crucial role in enhancing the quality of life for eligible participants by providing essential health benefits. By ensuring access to healthcare services, the fund alleviates financial burdens associated with medical expenses, promoting overall well-being.
The fund's focus on health benefits directly contributes to improved health outcomes for its participants, fostering a community where individuals can prioritize their health without the worry of overwhelming costs. Located in Valley Stream, NY, it serves as a vital resource for many, supporting their physical and mental health needs.
Through its mission to provide these benefits, the fund not only addresses immediate healthcare requirements but also encourages preventative care and healthier lifestyle choices among participants. This proactive approach plays a significant role in mitigating long-term health issues, ultimately leading to a healthier community overall.
This information is meant to be a general summary of Local 298 Health Fund I Local 298 Health Benefit Fund 1. 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: $534,590
- Program Service Revenue: $26,227,845
- Gross Receipts: $25,395,807
Assets and Liabilities:
- Total Assets: $19,412,373
- Total Liabilities: $6,977,536
- Net Assets: $12,434,837
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$26,101,653
PARTICIPANT CONTRIBUTIO
Revenue
$126,192
Organization Details
Founding Year
1955
Phone
(516) 872-6690Principal Officer
Victor Lagreca
Main Address
201 WEST VALLEY STREAM BOULEVARD, VALLEY STREAM, NY, 115805538
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Local 298 Health Fund I Local 298 Health Benefit Fund 1 and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.