Laborers' Local 235 Welfare Fund

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

EIN: 131777458 ✦ Elmsford, NY ✦ Designated as a 501(c)(9)

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Overview

What is Laborers' Local 235 Welfare Fund?

Laborers' Local 235 Welfare Fund is a nonprofit organization located in Elmsford, New York. Established through contributions from union contractors, this organization provides eligible union members with essential welfare benefits. The Fund's mission is to offer these benefits, which may include healthcare, financial assistance, and other support services, to its members. With around 5 dedicated employees, Laborers' Local 235 Welfare Fund aims to enhance the well-being of its union members.

Is Laborers' Local 235 Welfare Fund legitimate?

Laborers' Local 235 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Laborers' Local 235 Welfare 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: $312,476

For more financial information, click here

What is the mission statement of Laborers' Local 235 Welfare Fund?

The Laborers' Local 235 Welfare Fund's mission is centered around utilizing employer contributions from union contractors to provide eligible members with essential welfare benefits. This organization's primary objective is to ensure that its members have access to these benefits, enhancing their overall well-being. By leveraging funds from union contractors, the Welfare Fund is able to offer a range of beneficial services to its members.

Who is the CEO of Laborers' Local 235 Welfare Fund?

Unavailable

What is the revenue of Laborers' Local 235 Welfare Fund?

Laborers' Local 235 Welfare Fund's revenue in 2022 was $9,149,303.

Who are the executives of Laborers' Local 235 Welfare Fund and what are their salaries?

The average compensation at Laborers' Local 235 Welfare Fund during 2022 was $62,495. There are 5 employees at Laborers' Local 235 Welfare Fund.


Here are 6 key members and their salaries:


Dario Boccarossa (Union Trustee)
  • Compensation: $0
  • Related: $275,378
  • Other: $125,438
Ralph Merritt (Union Trustee)
  • Compensation: $0
  • Related: $138,099
  • Other: $89,746
Jarainare B Arellano (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Fante (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Pepe (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Seidman (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laborers' Local 235 Welfare Fund?

Laborers' Local 235 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Laborers' Local 235 Welfare Fund

Laborers' Local 235 Welfare Fund is an organization that serves its eligible members by providing them with welfare benefits. This is made possible through employer contributions from union contractors. The mission of this fund is to ensure that its members have access to crucial benefits, which are essential for their overall well-being. By leveraging the contributions from union contractors, Laborers' Local 235 Welfare Fund is able to extend a helping hand to its members during times of need. The fund's mission is centered around the belief that every eligible member deserves to have access to essential welfare benefits, making a significant impact on their lives.

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Impact




October, 2024

Laborers' Local 235 Welfare Fund significantly enhances the well-being of its eligible members through employer contributions from union contractors. By providing essential welfare benefits, the fund supports members in various aspects of their lives, including health care, disability coverage, and other necessary services. This financial assistance not only improves the quality of life for individuals and their families but also fosters a sense of security and stability within the labor community. Operating out of Elmsford, NY, the fund plays a crucial role in ensuring that members have access to vital resources and support, ultimately contributing to the mutual benefit of the labor force as a whole.




This information is meant to be a general summary of Laborers' Local 235 Welfare 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.

Revenue
$9,149,303 (2022)
Expenses
$7,050,642 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $80,670
  • Program Service Revenue: $8,581,687
  • Gross Receipts: $13,450,810

Assets and Liabilities:

  • Total Assets: $7,369,270
  • Total Liabilities: $1,193,457
  • Net Assets: $6,175,813

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$8,581,687

Organization Details

Founding Year

1948

Main Address

41 KNOLLWOOD ROAD, ELMSFORD, NY, 10523

NTEE Category

Code: Y40 - Mutual benefit

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