Overview
What is Local 1102 Health And Benefit Fund?
Local 1102 Health and Benefit Fund is a nonprofit organization dedicated to offering essential benefits to its members and their dependents. This includes hospital, surgical, major medical, dental, prescription drug coverage, and additional benefits. The organization operates as a V.E.B.A. fund, ensuring comprehensive healthcare support for its participants.
Official website here: www.local1102.org
Is Local 1102 Health And Benefit Fund legitimate?
Local 1102 Health And Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 1102 Health And Benefit Fund 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: $1,154,717
For more financial information, click here
Official website here: www.local1102.org
What is the mission statement of Local 1102 Health And Benefit Fund?
The Local 1102 Health and Benefit Fund is committed to delivering essential health benefits to its members and their dependents. This non-profit organization offers a range of coverage, including hospital, surgical, major medical, dental, prescription drug plans, and more. By providing these benefits, the Fund aims to help its participants and their families access necessary medical care and maintain good overall health. The Fund's mission is to offer peace of mind and security to its members, ensuring that they have access to the necessary resources to address their health needs. Overall, the Local 1102 Health and Benefit Fund serves as a vital partner in the healthcare journey for its members.
Official website here: www.local1102.org
Who is the CEO of Local 1102 Health And Benefit Fund?
Alvin Ramnarain is the Trustee of Local 1102 Health And Benefit Fund.
Official website here: www.local1102.org
What is the revenue of Local 1102 Health And Benefit Fund?
Local 1102 Health And Benefit Fund's revenue in 2022 was $29,554,970.
Official website here: www.local1102.org
Who are the executives of Local 1102 Health And Benefit Fund and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $346,523
- Other: $75,804
- Compensation: $0
- Related: $245,440
- Other: $49,997
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $238,835
- Other: $61,168
- Compensation: $0
- Related: $259,180
- Other: $58,796
- Compensation: $0
- Related: $170,430
- Other: $48,654
- Compensation: $0
- Related: $127,915
- Other: $45,366
- Compensation: $0
- Related: $142,901
- Other: $46,164
- Compensation: $0
- Related: $129,009
- Other: $44,482
Official website here: www.local1102.org
Where can I find the form 990 for Local 1102 Health And Benefit Fund?
Local 1102 Health And Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.local1102.org
Learn more at the official website: www.local1102.org
Mission Statement of Local 1102 Health And Benefit Fund
Local 1102 Health and Benefit Fund is a nonprofit organization that is dedicated to extending essential health and medical benefits to its members and their dependents. Through its mission, this fund ensures that participants have access to various vital services, including hospital care, surgical procedures, major medical treatments, dental coverage, and prescription drug plans. By offering these benefits, Local 1102 Health and Benefit Fund brings peace of mind and financial security to those it serves. The organization's commitment to its members' wellbeing goes beyond just providing coverage; it serves as a safety net that protects them from the financial burdens that often accompany serious health issues.
In simple terms, the Local 1102 Health and Benefit Fund is a charitable organization that assumes the responsibility of delivering comprehensive healthcare coverage to its constituents, enabling them to focus on their health and recovery rather than worrying about the financial implications of their medical needs. By providing a wide range of benefits, this fund empowers its members to make informed decisions about their health and wellbeing, ultimately leading to better health outcomes.
In essence, the Local 1102 Health and Benefit Fund acts as a trusted partner, ensuring that its participants have access to the necessary medical services when they need it most. By alleviating the financial strain that often accompanies healthcare costs, the organization enables its members to concentrate on their health recovery, maintaining their overall wellbeing and quality of life.
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Impact
October, 2024
Local 1102 Health And Benefit Fund plays a crucial role in enhancing the health and well-being of its participants and their dependents. By offering a comprehensive range of benefits—including hospital, surgical, major medical, dental, and prescription drug coverage—the Fund ensures that individuals have access to essential healthcare services. This support helps to alleviate the financial burden associated with medical expenses, enabling participants to focus on their health rather than the costs of care.
The Fund's commitment to providing a wide array of benefits fosters a sense of security and stability among its members. This not only contributes to healthier communities but also enhances overall quality of life. By addressing the diverse healthcare needs of its participants, Local 1102 Health And Benefit Fund plays a pivotal role in promoting well-being and resilience, ultimately leading to a more productive and engaged membership.
This information is meant to be a general summary of Local 1102 Health And Benefit Fund. 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: $2,904,722
- Program Service Revenue: $26,650,248
- Gross Receipts: $73,669,440
Assets and Liabilities:
- Total Assets: $129,397,476
- Total Liabilities: $5,302,543
- Net Assets: $124,094,933
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$26,481,474
COBRA CONTRIBUTIONS
Revenue
$168,774
Organization Details
Founding Year
1945
Phone
(516) 683-1102Principal Officer
Alvin Ramnarain
Main Address
311 CROSSWAYS PARK DRIVE, WOODBURY, NY, 11797
Website
www.local1102.orgNTEE Category
Code: Y43 - Mutual benefit
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