Overview
What is Uswu Local 74 Welfare Fund Local 74 Welfare Fund?
Uswu Local 74 Welfare Fund is a nonprofit organization, specifically a health and welfare fund, situated in Long Island City, New York, at 36-36 33rd Street, Suite 202. Their primary mission is to offer health and welfare benefits to members who have accumulated the required number of hours in eligible employment. The benefits include coverage for hospitalization, surgery and major medical, dental, optical, disability, prescription drugs, life insurance, and accidental death and dismemberment insurance. The fund's workforce comprises nine individuals who are dedicated to providing these essential services to their members.
Is Uswu Local 74 Welfare Fund Local 74 Welfare Fund legitimate?
Uswu Local 74 Welfare Fund Local 74 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Uswu Local 74 Welfare Fund Local 74 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: $174,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $335,180
For more financial information, click here
What is the mission statement of Uswu Local 74 Welfare Fund Local 74 Welfare Fund?
The Uswu Local 74 Welfare Fund is dedicated to providing health and welfare benefits to its members. Through this commitment, the organization offers various types of coverage, including hospitalization, surgery, major medical, dental, optical, disability, prescription drugs, life insurance, and accidental death and dismemberment insurance. In order to be eligible for these benefits, participants must have accumulated the necessary minimum hours of service in covered employment.
Who is the CEO of Uswu Local 74 Welfare Fund Local 74 Welfare Fund?
Sal Alladeen is the Trustee of Uswu Local 74 Welfare Fund Local 74 Welfare Fund.
What is the revenue of Uswu Local 74 Welfare Fund Local 74 Welfare Fund?
Uswu Local 74 Welfare Fund Local 74 Welfare Fund's revenue in 2022 was $39,523,146.
Who are the executives of Uswu Local 74 Welfare Fund Local 74 Welfare Fund and what are their salaries?
The average compensation at Uswu Local 74 Welfare Fund Local 74 Welfare Fund during 2022 was $56,644. There are 9 employees at Uswu Local 74 Welfare Fund Local 74 Welfare Fund.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $158,514
- Related: $102,054
- Other: $24,413
- Compensation: $32,125
- Related: $90,480
- Other: $19,912
Where can I find the form 990 for Uswu Local 74 Welfare Fund Local 74 Welfare Fund?
Uswu Local 74 Welfare Fund Local 74 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Uswu Local 74 Welfare Fund Local 74 Welfare Fund
Uswu Local 74 Welfare Fund, a nonprofit organization, is dedicated to extending health and welfare benefits to its eligible members. By offering an array of coverage plans, the Fund ensures that participants receive essential medical services when they need it most.
More specifically, Uswu Local 74 Welfare Fund's mission includes the provision of various health-related benefits, such as hospitalization, surgical and major medical procedures, dental and optical care, disability, prescription drug coverage, life insurance, and accidental death and dismemberment insurance. Members can access these benefits once they have accumulated the required number of hours in covered employment.
The Fund's commitment to the well-being of its members goes beyond just healthcare. It aims to provide a comprehensive safety net, ensuring that its members are protected against financial burdens during times of medical need. By offering these essential benefits, Uswu Local 74 Welfare Fund plays a vital role in promoting the overall health and well-being of its members.
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Impact
October, 2024
Uswu Local 74 Welfare Fund significantly impacts its members by providing essential health and welfare benefits. The Fund ensures that participants who have met the minimum hours of service in covered employment have access to comprehensive coverage, including hospitalization, surgical and major medical care, dental and optical services, disability assistance, prescription drug benefits, and life insurance.
By addressing critical health needs, the Fund helps alleviate financial burdens associated with medical expenses, promoting overall well-being among its members. This support not only enhances the quality of life for individuals and their families but also fosters a sense of community and security within the workforce. The availability of these benefits reinforces the importance of stable employment and encourages members to maintain their health, ultimately leading to a more productive and resilient labor force in Long Island City, NY.
This information is meant to be a general summary of Uswu Local 74 Welfare Fund Local 74 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,304,984
- Program Service Revenue: $37,215,614
- Gross Receipts: $40,544,908
Assets and Liabilities:
- Total Assets: $91,790,896
- Total Liabilities: $2,614,698
- Net Assets: $89,176,198
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$37,167,916
COBRA CONTRIBUTIONS
Revenue
$47,698
Organization Details
Founding Year
1962
Phone
(718) 729-7400Principal Officer
Sal Alladeen
Main Address
36-36 33RD STREET SUITE 202, LONG ISLAND CITY, NY, 11106
NTEE Category
Code: Y40 - Mutual benefit
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