Overview
What is Local 670 Welfare Fund Joint Board Of Trustees?
The Local 670 Welfare Fund Joint Board of Trustees is a New York-based, collectively bargained multi-employer welfare fund. Their primary mission is to extend health and welfare benefits to the participants and their families. Established through collaborative negotiations, this nonprofit organization is headquartered at 299 Broadway, New York, NY 10007. By pooling resources from various employers, they ensure a wide range of benefits, making a significant impact on the lives of those they serve.
Is Local 670 Welfare Fund Joint Board Of Trustees legitimate?
Local 670 Welfare Fund Joint Board Of Trustees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 670 Welfare Fund Joint Board Of Trustees 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: $113,252
For more financial information, click here
What is the mission statement of Local 670 Welfare Fund Joint Board Of Trustees?
The Local 670 Welfare Fund Joint Board of Trustees is responsible for administering a collectively bargained multi-employer welfare fund. The primary mission of this organization is to extend health and welfare benefits to its participants and their families. By pooling resources from various employers, the fund aims to provide comprehensive coverage and enhance the well-being of those it serves. Through collaborative efforts, the Board of Trustees strives to ensure the delivery of essential benefits essential for the physical and emotional welfare of the members and their dependents.
Who is the CEO of Local 670 Welfare Fund Joint Board Of Trustees?
Thelma Winston is the Union Truste of Local 670 Welfare Fund Joint Board Of Trustees.
What is the revenue of Local 670 Welfare Fund Joint Board Of Trustees?
Local 670 Welfare Fund Joint Board Of Trustees's revenue in 2022 was $21,318,124.
Who are the executives of Local 670 Welfare Fund Joint Board Of Trustees and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $188,384
- Other: $36,967
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $88,049
- Other: $30,679
Where can I find the form 990 for Local 670 Welfare Fund Joint Board Of Trustees?
Local 670 Welfare Fund Joint Board Of Trustees's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 670 Welfare Fund Joint Board Of Trustees
The Local 670 Welfare Fund Joint Board Of Trustees is a collectively bargained multi-employer welfare fund, dedicated to providing essential health and welfare benefits to its participants and their families. By pooling resources from various employers, the Fund has been able to create a comprehensive benefits program designed to support and protect the wellbeing of its members.
The mission of the Local 670 Welfare Fund Joint Board Of Trustees is to ensure that eligible individuals and their dependents have access to a wide range of benefits, enabling them to maintain their health and overall well-being. The Fund's primary goal is to negotiate favorable benefit plans and make these offerings available to participants across various industries and employment sectors. In doing so, the organization promotes financial stability and peace of mind for the families it serves.
Through its collective bargaining efforts, the Local 670 Welfare Fund Joint Board Of Trustees has established a strong foundation for delivering valuable benefits to its participants. By forming a multi-employer welfare fund, the organization has been able to leverage the collective strength of its membership to secure competitive pricing and extensive coverage for its benefit plans. The Fund's scope goes beyond just healthcare, providing a comprehensive suite of benefits tailored to the needs of its participants and their families.
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Impact
October, 2024
Local 670 Welfare Fund Joint Board of Trustees plays a crucial role in enhancing the well-being of its participants and their families by providing essential health and welfare benefits. By negotiating collectively on behalf of multiple employers, the Fund ensures that participants receive comprehensive healthcare coverage, which includes medical, dental, and vision services. This not only helps individuals access necessary care but also alleviates financial burdens associated with healthcare costs.
In New York, where access to quality healthcare can be a challenge, the Fund’s initiatives promote health equity and serve as a safety net for many families. By supporting the health and welfare of participants, the Fund enhances overall community health, contributing to improved productivity and quality of life. Through its mission, Local 670 Welfare Fund Joint Board of Trustees directly impacts the daily lives of many, fostering a healthier workforce and stable families.
This information is meant to be a general summary of Local 670 Welfare Fund Joint Board Of Trustees. 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: $77,848
- Program Service Revenue: $21,240,276
- Gross Receipts: $26,254,288
Assets and Liabilities:
- Total Assets: $21,041,000
- Total Liabilities: $277,653
- Net Assets: $20,763,347
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$21,240,276
Organization Details
Founding Year
1973
Phone
(212) 267-8650Principal Officer
Thelma Winston
Main Address
299 BROADWAY, NEW YORK, NY, 10007
NTEE Category
Code: E81Z - Health
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