Overview
What is Excavators Union 731 Welfare?
Excavators Union 731 Welfare is a multi-employer welfare fund established through collective bargaining, headquartered at 34-11 35th Avenue in Astoria, New York, with a zip code of 11106. Their primary mission is to provide health and welfare benefits to union participants and their dependents. This nonprofit organization has a workforce of six individuals dedicated to this cause.
Is Excavators Union 731 Welfare legitimate?
Excavators Union 731 Welfare is a legitimate nonprofit organization registered as a 501(c)(9) entity. Excavators Union 731 Welfare 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: $1,181,402
For more financial information, click here
What is the mission statement of Excavators Union 731 Welfare?
The Excavators Union 731 Welfare operates as a collectively bargained multi-employer welfare fund, devoted to providing health and welfare benefits to its participants and their dependents. Through collaborative negotiations, this organization has secured a range of benefits for its members, ensuring they and their families have access to essential services and support. The primary mission is to enhance the well-being of those involved, enriching their lives through the delivery of comprehensive and vital benefits.
Who is the CEO of Excavators Union 731 Welfare?
Paul D'Abbrac is the Principal Officer of Excavators Union 731 Welfare.
What is the revenue of Excavators Union 731 Welfare?
Excavators Union 731 Welfare's revenue in 2022 was $148,230,036.
Who are the executives of Excavators Union 731 Welfare and what are their salaries?
The average compensation at Excavators Union 731 Welfare during 2022 was $196,900. There are 6 employees at Excavators Union 731 Welfare.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $358,573
- Other: $204,359
- Compensation: $0
- Related: $355,267
- Other: $201,821
- Compensation: $0
- Related: $352,184
- Other: $201,821
- Compensation: $0
- Related: $284,726
- Other: $101,254
- Compensation: $0
- Related: $207,693
- Other: $101,254
- Compensation: $0
- Related: $175,648
- Other: $70,183
- Compensation: $0
- Related: $169,362
- Other: $68,571
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Excavators Union 731 Welfare?
Excavators Union 731 Welfare's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Excavators Union 731 Welfare
Excavators Union 731 Welfare, a collectively bargained multi-employer welfare fund, is dedicated to providing health and welfare benefits to its participants and their dependents. In essence, this nonprofit organization serves as a safety net, ensuring access to essential services and resources for those involved in the excavation industry.
By pooling resources from various employers, Excavators Union 731 Welfare is able to offer a comprehensive suite of benefits designed to enhance the quality of life for its members. Its mission goes beyond just providing coverage for medical needs; it also extends to improving overall well-being.
Excavators Union 731 Welfare's commitment to its members' well-being is reflected in its diverse range of offerings. These benefits cover various aspects of health and welfare, ensuring that participants and their families have access to the care they need when they need it. The organization's focus on collective bargaining allows for negotiated rates and coverage options, making healthcare more affordable and accessible for all.
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Impact
October, 2024
Excavators Union 731 Welfare plays a critical role in supporting the health and well-being of participants and their dependents. By offering collectively bargained multi-employer welfare benefits, it ensures that workers in the excavation industry have access to essential health and welfare resources. This impact is significant, providing financial security and peace of mind for families in Astoria, NY, and beyond.
The organization's mission focuses on creating a strong safety net for its members, addressing a vital need for accessible healthcare and welfare benefits. This support enables participants to navigate various health challenges and improves overall quality of life, ultimately contributing to a more stable workforce in the region. The union's efforts promote mutual benefit, fostering a sense of community and shared responsibility among its members.
This information is meant to be a general summary of Excavators Union 731 Welfare. 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: -$79,211,931
- Program Service Revenue: $227,119,147
- Gross Receipts: $461,521,793
Assets and Liabilities:
- Total Assets: $763,644,459
- Total Liabilities: $5,677,091
- Net Assets: $757,967,368
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$226,015,480
MEDICARE PART D
Revenue
$761,023
COBRA
Revenue
$342,644
Organization Details
Founding Year
1950
Phone
(718) 391-9099Principal Officer
Paul D'Abbrac
Main Address
34-11 35TH AVENUE, ASTORIA, NY, 11106
NTEE Category
Code: Y40 - Mutual benefit
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