Health & Welfare Fund - Local 485 Co Carday Associates Inc

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

EIN: 112026238 ✦ Columbia, MD ✦ Designated as a 501(c)(9)

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Overview

What is Health & Welfare Fund - Local 485 Co Carday Associates Inc?

Health & Welfare Fund - Local 485 Co Carday Associates Inc is a nonprofit organization situated in Columbia, Maryland. Their primary focus is on providing health benefits to approximately 195 members and their dependents, serving the collective interests of their membership. The organization operates with a single employee and aims to enhance the well-being of its members through these health-related services. The organization's mission is to deliver essential health benefits that contribute to the overall well-being and welfare of its members.

Is Health & Welfare Fund - Local 485 Co Carday Associates Inc legitimate?

Health & Welfare Fund - Local 485 Co Carday Associates Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Health & Welfare Fund - Local 485 Co Carday Associates Inc 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: $384
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,329

For more financial information, click here

What is the mission statement of Health & Welfare Fund - Local 485 Co Carday Associates Inc?

The Health & Welfare Fund - Local 485 Co Carday Associates Inc's mission is centered around delivering health benefits to its members and their dependents. This mission aligns with the common interests of the membership, thereby serving to enhance their well-being. Throughout the fiscal year ending April 30, 2022, the fund provided health benefits to approximately 195 members and their dependents.

Who is the CEO of Health & Welfare Fund - Local 485 Co Carday Associates Inc?

Luis Humberto Leon is the Trustee of Health & Welfare Fund - Local 485 Co Carday Associates Inc.

What is the revenue of Health & Welfare Fund - Local 485 Co Carday Associates Inc?

Health & Welfare Fund - Local 485 Co Carday Associates Inc's revenue in 2022 was $2,734,388.

Who are the executives of Health & Welfare Fund - Local 485 Co Carday Associates Inc and what are their salaries?

The average compensation at Health & Welfare Fund - Local 485 Co Carday Associates Inc during 2022 was $34,713. There is 1 employee at Health & Welfare Fund - Local 485 Co Carday Associates Inc.


Here are 4 key members and their salaries:


Gerardo Leon (Trustee)
  • Compensation: $384
  • Related: $0
  • Other: $0
Lynn Strober (Trustee-P)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Humberto Leon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Sundberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Health & Welfare Fund - Local 485 Co Carday Associates Inc?

Health & Welfare Fund - Local 485 Co Carday Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Health & Welfare Fund - Local 485 Co Carday Associates Inc

Health & Welfare Fund - Local 485 Co Carday Associates Inc is dedicated to providing health benefits to its members and their dependents, aiming to serve the common interests of its membership. The organization's mission is to deliver these health benefits, thereby contributing positively to the well-being of its members and their families. During the fiscal year ending April 30, 2022, the Health Fund successfully provided health benefits to approximately 195 members and their dependents.

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Impact




October, 2024

The Health & Welfare Fund - Local 485 Co Carday Associates Inc significantly impacts its members and their families by providing essential health benefits. In the fiscal year ending April 30, 2022, the fund served approximately 195 members and their dependents, addressing their healthcare needs and promoting well-being. By delivering comprehensive health benefits, the fund supports the common interests of its membership, ensuring that they have access to necessary medical services and resources. This commitment not only enhances the health of individual members but also strengthens the community as a whole, fostering a sense of mutual support and collective welfare.




This information is meant to be a general summary of Health & Welfare Fund - Local 485 Co Carday Associates Inc. 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
$2,734,388 (2022)
Expenses
$3,021,305 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $108,525
  • Program Service Revenue: $2,585,836
  • Gross Receipts: $3,307,403

Assets and Liabilities:

  • Total Assets: $5,440,145
  • Total Liabilities: $51,401
  • Net Assets: $5,388,744

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$184,614

EMPLOYER CONTRIBUTIONS

Revenue

$2,401,222

Organization Details

Founding Year

1963

Principal Officer

Luis Humberto Leon

Main Address

7130 COLUMBIA GATEWAY DRIVE A, COLUMBIA, MD, 21046

NTEE Category

Code: Y40 - Mutual benefit

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