Local 6559 Health Benefit Fund

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

EIN: 131985696 ✦ Port washington, NY ✦ Designated as a 501(c)(9)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Local 6559 Health Benefit Fund?

Local 6559 Health Benefit Fund is a nonprofit organization situated at 18 Secatoag Avenue, Port Washington, New York. Their primary purpose is to provide healthcare benefits to eligible members and their dependents, including hospital, surgical, drug, medical, and optical coverage. These benefits are contingent upon contributions received from the members' employers. The Fund also offers life insurance as part of its comprehensive package. With a small workforce of one employee, Local 6559 Health Benefit Fund serves to enhance the health and well-being of its members by providing essential medical coverage.

Is Local 6559 Health Benefit Fund legitimate?

Local 6559 Health Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 6559 Health 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: $155,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Local 6559 Health Benefit Fund?

The Local 6559 Health Benefit Fund is committed to providing essential healthcare benefits to eligible employees and their dependents. This is achieved through contributions received from their employers. The fund offers life insurance, hospital, surgical, drug, medical, and optical benefits to its members. Its mission is centered around ensuring that eligible employees and their dependents have access to these health benefits, thereby enhancing their overall well-being. The fund's activities are primarily focused on managing these benefits based on the contributions received.

Who is the CEO of Local 6559 Health Benefit Fund?

Nina Bellini is the Trustee of Local 6559 Health Benefit Fund.

What is the revenue of Local 6559 Health Benefit Fund?

Local 6559 Health Benefit Fund's revenue in 2022 was $1,607,261.

Who are the executives of Local 6559 Health Benefit Fund and what are their salaries?

The average compensation at Local 6559 Health Benefit Fund during 2022 was $155,769. There is 1 employee at Local 6559 Health Benefit Fund.


Here are 2 key members and their salaries:


Andrew Bellini (Trustee)
  • Compensation: $0
  • Related: $183,110
  • Other: $0
Nina Bellini (Officer/Trustee)
  • Compensation: $157,935
  • Related: $169,204
  • Other: $0
Where can I find the form 990 for Local 6559 Health Benefit Fund?

Local 6559 Health Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local 6559 Health Benefit Fund

The Local 6559 Health Benefit Fund is dedicated to providing a range of medical and health benefits to eligible members and their dependents. This nonprofit organization bases its benefits on contributions received from their employers. Specifically, it offers life insurance, hospital, surgical, drug, medical, and optical benefits to those who meet the eligibility criteria. The mission of Local 6559 Health Benefit Fund is to ensure that eligible employees (and their dependents) of contributing employers have access to essential healthcare services, thereby enhancing their overall well-being.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Local 6559 Health Benefit Fund plays a crucial role in supporting the well-being of eligible members and their dependents by offering a comprehensive range of health benefits. This includes life insurance, hospital, surgical, drug, medical, and optical benefits, all of which are funded through contributions from participating employers.

By providing access to essential health services, the Fund helps ensure that members can manage their health needs effectively, reducing financial barriers to care. This not only contributes to individual health outcomes but also fosters a sense of security and stability within the community. Ultimately, the Fund's impact extends beyond just healthcare; it enhances the overall quality of life for its members and their families, promoting a healthier and more resilient workforce.




This information is meant to be a general summary of Local 6559 Health 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.

Revenue
$1,607,261 (2022)
Expenses
$957,021 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,034,886
  • Program Service Revenue: $462,589
  • Gross Receipts: $9,960,166

Assets and Liabilities:

  • Total Assets: $15,971,932
  • Total Liabilities: $219,649
  • Net Assets: $15,752,283

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

MEMBERSHIP DUES

Revenue

$462,589

Organization Details

Founding Year

1961

Principal Officer

Nina Bellini

Main Address

18 SECATOAG AVENUE, PORT WASHINGTON, NY, 11050

NTEE Category

Code: Y40 - Mutual benefit

If you are a representative of Local 6559 Health Benefit Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.