Overview
What is Welfare Fund Of Heat And Frost Insulators Local 12?
Welfare Fund of Heat and Frost Insulators Local 12 is a nonprofit organization based in Long Island City, New York, with a workforce of just two individuals. Their primary objective is to extend essential benefits to eligible participants and their dependents, encompassing medical coverage, vacation time, Health Reimbursement Accounts (HRAs), and additional perks. By offering these advantages, the organization aims to enhance the overall well-being of its members.
What are the reviews and ratings of this charity?
The Welfare Fund Of Heat And Frost Insulators Local 12 is currently not rated by Charity Navigator. This absence of rating is not indicative of a positive or negative evaluation but rather highlights that the organization does not meet the criteria for assessment, primarily due to its status as a non-501(c)(3) entity.
Charity Navigator's methodologies for evaluation, including Accountability & Finance and Impact & Measurement, cannot be applied to the Welfare Fund due to its status. Information on revenue, expenses, or key personnel salaries is also not available, likely due to the lack of required electronic IRS filings.
Without user reviews on GreatNonprofits, there is limited insight into the public perception or direct feedback about the organization’s impact and community engagement. The lack of available data suggests that prospective donors or interested parties may need to seek additional information through other sources or direct contact with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Welfare Fund Of Heat And Frost Insulators Local 12 legitimate?
Welfare Fund Of Heat And Frost Insulators Local 12 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Welfare Fund Of Heat And Frost Insulators Local 12 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: $394,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Welfare Fund Of Heat And Frost Insulators Local 12?
The Welfare Fund of Heat and Frost Insulators Local 12 is committed to providing essential benefits to eligible participants and their dependents. Its primary purpose is to ensure access to medical coverage, vacations, Health Reimbursement Accounts (HRAs), and various other benefits. This fund is dedicated to enhancing the well-being and quality of life for those it serves. By offering these benefits, it aims to provide a sense of security and support, enabling participants to focus on their personal and professional pursuits. The fund's mission is to make a positive impact on the lives of its members, ensuring they have access to necessary resources when they need them most.
Who is the CEO of Welfare Fund Of Heat And Frost Insulators Local 12?
Magali Avila is the Fund Manager of Welfare Fund Of Heat And Frost Insulators Local 12.
What is the revenue of Welfare Fund Of Heat And Frost Insulators Local 12?
Welfare Fund Of Heat And Frost Insulators Local 12's revenue in 2022 was $16,467,207.
Who are the executives of Welfare Fund Of Heat And Frost Insulators Local 12 and what are their salaries?
The average compensation at Welfare Fund Of Heat And Frost Insulators Local 12 during 2022 was $197,034. There are 2 employees at Welfare Fund Of Heat And Frost Insulators Local 12.
Here are 20 key members and their salaries:
- Compensation: $168,616
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- Other: $117,137
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Where can I find the form 990 for Welfare Fund Of Heat And Frost Insulators Local 12?
Welfare Fund Of Heat And Frost Insulators Local 12's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Welfare Fund Of Heat And Frost Insulators Local 12
The Welfare Fund of Heat and Frost Insulators Local 12 is a dedicated organization with a mission to extend essential benefits to eligible participants and their dependents. Its primary aim is to secure and provide a range of benefits, including medical coverage, vacations, Health Reimbursement Accounts (HRAs), and more.
This nonprofit organization works diligently to improve the lives of its members by addressing their healthcare needs and offering opportunities for rest and relaxation through vacation benefits. Furthermore, the organization's provisions extend to HRAs, providing additional financial support for healthcare-related expenses, ensuring the comprehensive well-being of those it serves.
In providing these benefits, the Welfare Fund of Heat and Frost Insulators Local 12 plays a crucial role in enhancing the quality of life for its members, empowering them to focus on their personal and professional growth without the burden of overwhelming healthcare costs or concerns. By extending these benefits to dependents as well, the organization fosters a culture of care and support, ensuring that the entire family unit remains strong and resilient.
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Impact
October, 2024
Welfare Fund Of Heat And Frost Insulators Local 12 significantly enhances the quality of life for its eligible participants and their dependents by providing essential benefits. This includes access to medical care, vacation time, and health reimbursement arrangements (HRA). By supporting the health and well-being of its members, the fund fosters a sense of security and stability, allowing individuals to focus on their work and families without the stress of exorbitant healthcare costs or inadequate benefits. This commitment to mutual benefit not only strengthens the workforce but also contributes positively to the community in Long Island City, NY. The organization plays a crucial role in ensuring that participants have the necessary resources to thrive both personally and professionally.
This information is meant to be a general summary of Welfare Fund Of Heat And Frost Insulators Local 12. 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: $560,760
- Program Service Revenue: $15,781,582
- Gross Receipts: $21,948,256
Assets and Liabilities:
- Total Assets: $30,527,836
- Total Liabilities: $5,827,368
- Net Assets: $24,700,468
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS' CONTRIB.
Revenue
$11,357,073
PARTICIPANTS' CONTRIB.
Revenue
$4,424,509
Organization Details
Founding Year
1950
Phone
(718) 784-8883Principal Officer
Magali Avila
Main Address
35-53 24TH STREET, LONG ISLAND CITY, NY, 11106
NTEE Category
Code: Y40 - Mutual benefit
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