Overview
What is Seafarers Officers And Employees Welfare Plan?
Seafarers Officers and Employees Welfare Plan is a benefit fund situated at 5201 Capital Gateway Drive, Camp Springs, Maryland. This nonprofit organization serves approximately 548 participants, offering them health and welfare benefits as per their eligibility and dependents. The primary objective of this fund is to collect, preserve, and invest contributions received, utilizing the accumulated funds to provide welfare benefits and cover the expenses related to the establishment and administration of the trust, as determined by the trustees.
Is Seafarers Officers And Employees Welfare Plan legitimate?
Seafarers Officers And Employees Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Seafarers Officers And Employees Welfare Plan 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:
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What is the mission statement of Seafarers Officers And Employees Welfare Plan?
The Seafarers Officers and Employees Welfare Plan's mission is centered around collecting, preserving, and investing funds and valuable assets paid into the trust. The primary goal is to provide welfare benefits for eligible individuals and their dependents, as determined by the trustees. Additionally, the plan is responsible for covering the establishment and administration costs of the trust. The plan offers health and welfare benefits to approximately 548 participants.
Who is the CEO of Seafarers Officers And Employees Welfare Plan?
Thomas Orzechowski Jr is the Chairman of Seafarers Officers And Employees Welfare Plan.
What is the revenue of Seafarers Officers And Employees Welfare Plan?
Seafarers Officers And Employees Welfare Plan's revenue in 2022 was $11,597,390.
Who are the executives of Seafarers Officers And Employees Welfare Plan and what are their salaries?
There 6 volunteers at Seafarers Officers And Employees Welfare Plan.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Seafarers Officers And Employees Welfare Plan?
Seafarers Officers And Employees Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seafarers Officers And Employees Welfare Plan
Seafarers Officers and Employees Welfare Plan, as a benefit fund, is committed to collecting, preserving, and investing resources paid to the trust. Its primary mission is to utilize these funds to provide welfare benefits for eligible participants and their dependents. The trustees have the authority to determine the establishment, administration, and payment of these benefits from time to time. The plan currently extends health and welfare benefits to approximately 548 participants.
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Impact
October, 2024
The Seafarers Officers and Employees Welfare Plan significantly impacts the health and welfare of its participants by providing essential benefits to approximately 548 individuals. By collecting, preserving, and investing contributions, the plan ensures that participants can access necessary medical and welfare services, supporting their overall well-being and that of their dependents. This structured approach to benefit administration helps participants navigate healthcare challenges while fostering a sense of security and stability within the maritime community. The trustees regularly evaluate the plan's operations to optimize the use of funds and maintain its effectiveness, thereby enhancing the quality of life for seafarers and their families in Camp Springs, MD, and beyond.
This information is meant to be a general summary of Seafarers Officers And Employees Welfare Plan. 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: $379,967
- Program Service Revenue: $11,217,423
- Gross Receipts: $13,121,906
Assets and Liabilities:
- Total Assets: $10,458,471
- Total Liabilities: $99,398
- Net Assets: $10,359,073
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS CONTRIBUTIONS
Revenue
$8,413,132
BENEFIT PAYMENT REIMBURSEMENTS AN
Revenue
$2,804,291
Organization Details
Founding Year
1980
Phone
(301) 899-0675Principal Officer
Thomas Orzechowski Jr
Main Address
5201 CAPITAL GATEWAY DRIVE, CAMP SPRINGS, MD, 20746
NTEE Category
Code: Y40 - Mutual benefit
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