Overview
What is New York Shipping Association-Ppgu Welfare Fund & Plan?
The New York Shipping Association-Ppgu Welfare Fund & Plan is a welfare benefit fund situated in Bayonne, New Jersey. This nonprofit, regulated under Taft-Hartley and ERISA laws, offers health-related benefits to eligible participants and their dependents. These benefits encompass hospital care, surgical procedures, eye examinations and glasses, prescription drugs, dental treatments, and outpatient medical services, both insured and self-insured. The fund caters to the wellbeing of its members, ensuring they have access to essential medical services when needed.
Is New York Shipping Association-Ppgu Welfare Fund & Plan legitimate?
New York Shipping Association-Ppgu Welfare Fund & Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. New York Shipping Association-Ppgu Welfare Fund & Plan 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: $86,594
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,648
For more financial information, click here
What is the mission statement of New York Shipping Association-Ppgu Welfare Fund & Plan?
The New York Shipping Association-Ppgu Welfare Fund & Plan serves as a Taft-Hartley ERISA employee welfare benefit fund. Its primary purpose is to offer medical benefits, including hospital, surgical, optical, drug, dental, and outpatient services, to eligible participants and their dependents, both on an insured and self-insured basis. The fund is dedicated to providing essential healthcare support to its members. While the information does not provide specific details about advocacy or research, it is clear that the New York Shipping Association-Ppgu Welfare Fund & Plan prioritizes the health and well-being of its participants.
Who is the CEO of New York Shipping Association-Ppgu Welfare Fund & Plan?
Daniel Massaro is the Treasurer of New York Shipping Association-Ppgu Welfare Fund & Plan.
What is the revenue of New York Shipping Association-Ppgu Welfare Fund & Plan?
New York Shipping Association-Ppgu Welfare Fund & Plan's revenue in 2022 was $5,244,853.
Who are the executives of New York Shipping Association-Ppgu Welfare Fund & Plan and what are their salaries?
The average compensation at New York Shipping Association-Ppgu Welfare Fund & Plan during 2022 was $25,448. There are 5 employees at New York Shipping Association-Ppgu Welfare Fund & Plan.
Here are 13 key members and their salaries:
- Compensation: $58,483
- Related: $25,064
- Other: $0
- Compensation: $10,015
- Related: $15,023
- Other: $19,110
- Compensation: $15,880
- Related: $6,790
- Other: $5,916
- Compensation: $2,215
- Related: $8,862
- Other: $4,226
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New York Shipping Association-Ppgu Welfare Fund & Plan?
New York Shipping Association-Ppgu Welfare Fund & Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New York Shipping Association-Ppgu Welfare Fund & Plan
The New York Shipping Association-Ppgu Welfare Fund & Plan is a nonprofit organization that serves as a Taft-Hartley ERISA employee welfare benefit fund. Its primary mission, as stated, is to provide a range of medical benefits to eligible participants and their dependents on both an insured and self-insured basis. This encompasses hospital, surgical, optical, drug, dental, and outpatient medical benefits. The organization's role is crucial in ensuring that these beneficiaries have access to necessary healthcare services, thereby enhancing their overall well-being.
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Impact
October, 2024
The New York Shipping Association-Ppgu Welfare Fund & Plan significantly impacts the lives of its eligible participants and their dependents by providing essential health benefits. This includes comprehensive coverage for hospital care, surgical procedures, optical services, prescription drugs, dental care, and outpatient medical needs. By offering both insured and self-insured options, the Fund ensures that participants have access to necessary medical services without the financial burden that often accompanies healthcare expenses.
Located in Bayonne, NJ, the Fund operates under Taft-Hartley ERISA guidelines, making it a crucial resource for those working in the shipping industry and their families. By alleviating healthcare costs, the Welfare Fund fosters a healthier workforce, ultimately contributing to improved job satisfaction, productivity, and overall well-being of participants. The focus on mutual benefit promotes a supportive community, enhancing the quality of life for workers in the sector and reinforcing the importance of accessible healthcare in maintaining a robust labor force.
This information is meant to be a general summary of New York Shipping Association-Ppgu Welfare Fund & Plan. 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: $16
- Program Service Revenue: $5,192,677
- Gross Receipts: $5,244,853
Assets and Liabilities:
- Total Assets: $70,189
- Total Liabilities: $37,996
- Net Assets: $32,193
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS PER CBA
Revenue
$5,192,677
Organization Details
Founding Year
1950
Phone
(201) 243-0660Principal Officer
Daniel Massaro
Main Address
889 BROADWAY, BAYONNE, NJ, 07002
NTEE Category
Code: Y40 - Mutual benefit
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