Sick Benefit Fund Of Ait & Nw Of America Local 223

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

EIN: 131805529 ✦ Valley stream, NY ✦ Designated as a 501(c)(9)

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Overview

What is Sick Benefit Fund Of Ait & Nw Of America Local 223?

Sick Benefit Fund Of Ait & Nw Of America Local 223 is a nonprofit organization situated in Valley Stream, New York. With a sizeable participant count of 2,673 individuals, its primary mission is to offer a range of comprehensive benefits to eligible members. These benefits encompass medical, hospital, surgical, major medical, dental, optical, disability, and death coverage. Notably, the organization extends these benefits to the families of eligible participants, under certain circumstances, by providing medical care. The fund is committed to ensuring the well-being and protection of its members, providing them with essential health and financial support.

Is Sick Benefit Fund Of Ait & Nw Of America Local 223 legitimate?

Sick Benefit Fund Of Ait & Nw Of America Local 223 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sick Benefit Fund Of Ait & Nw Of America Local 223 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: $0

For more financial information, click here

What is the mission statement of Sick Benefit Fund Of Ait & Nw Of America Local 223?

The Sick Benefit Fund of Ait & Nw Of America Local 223 is dedicated to providing various types of benefits to eligible participants. These include medical, hospital, surgical, major medical, life, dental, optical, disability, and death benefits. Additionally, where applicable, the fund offers medical care for the participants' families. The organization's mission is to ensure the well-being of its members by providing necessary healthcare benefits, demonstrating a commitment to their health and financial security. With a participant count of 2,673, the fund aims to serve a substantial number of individuals, offering them peace of mind in times of health-related challenges.

Who is the CEO of Sick Benefit Fund Of Ait & Nw Of America Local 223?

Joe Giovinco is the Fund Administrator of Sick Benefit Fund Of Ait & Nw Of America Local 223.

What is the revenue of Sick Benefit Fund Of Ait & Nw Of America Local 223?

Sick Benefit Fund Of Ait & Nw Of America Local 223's revenue in 2022 was $10,552,505.

Who are the executives of Sick Benefit Fund Of Ait & Nw Of America Local 223 and what are their salaries?


Here are 3 key members and their salaries:


Cosmo Lubrano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Mccarthy Esq (Trustee)
  • Compensation: $19,500
  • Related: $0
  • Other: $0
Joe Giovinco (Fund Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sick Benefit Fund Of Ait & Nw Of America Local 223?

Sick Benefit Fund Of Ait & Nw Of America Local 223's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sick Benefit Fund Of Ait & Nw Of America Local 223

Sick Benefit Fund of AIT & NW of America Local 223 is committed to providing a comprehensive range of medical, hospital, surgical, major medical, dental, optical, disability, and death benefits to eligible participants. This nonprofit organization goes beyond just offering benefits to its members; it also extends medical care to their families, where applicable. With a membership count of 2,673 individuals, Sick Benefit Fund of AIT & NW of America Local 223 plays a significant role in safeguarding the health and well-being of its members and their families, ensuring they have access to necessary medical services when needed.

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Impact




October, 2024

The Sick Benefit Fund of AIT & NW of America Local 223 plays a significant role in the lives of its participants by providing essential medical and health-related benefits. With a membership base of 2,673 individuals, the fund ensures access to critical services such as medical, hospital, surgical, major medical, life, dental, optical, disability, and death benefits.

This comprehensive coverage not only supports individuals in times of medical need but also extends to their families, promoting overall well-being and security. By alleviating the financial burdens associated with healthcare, the fund enhances participants' quality of life, enabling them to focus on recovery and health without the stress of overwhelming medical expenses.

The impact of this fund is profound, fostering a sense of community and mutual support among members. It embodies a commitment to collective welfare, ensuring that participants receive the care they need, when they need it, thus contributing to a healthier society.




This information is meant to be a general summary of Sick Benefit Fund Of Ait & Nw Of America Local 223. 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
$10,552,505 (2022)
Expenses
$11,811,934 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $35,327
  • Program Service Revenue: $10,517,178
  • Gross Receipts: $25,335,713

Assets and Liabilities:

  • Total Assets: $20,931,469
  • Total Liabilities: $77,518
  • Net Assets: $20,853,951

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$10,460,343

SEVERANCE CONTRIBUTION

Revenue

$52,998

COBRA CONTRIBUTIONS

Revenue

$3,837

Organization Details

Founding Year

1946

Principal Officer

Joe Giovinco

Main Address

420 W MERRICK ROAD, VALLEY STREAM, NY, 11580

NTEE Category

Code: Y40 - Mutual benefit

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