Overview
What is District Council 37 Benefits Fund Trust?
The District Council 37 Benefits Fund Trust is a New York-based nonprofit organization with a team of 24 employees. Their primary role is to collect and distribute funds to related tax-exempt health and welfare benefit plans. This means they act as a crucial intermediary, facilitating the transfer of resources to various organizations that focus on health and welfare benefits. By doing so, they contribute to enhancing the accessibility and reach of essential services for numerous beneficiaries.
Is District Council 37 Benefits Fund Trust legitimate?
District Council 37 Benefits Fund Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. District Council 37 Benefits Fund Trust 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: $455,763
For more financial information, click here
What is the mission statement of District Council 37 Benefits Fund Trust?
The District Council 37 Benefits Fund Trust is dedicated to the collection and distribution of funds to other related tax-exempt health and welfare benefit plans. In essence, it serves as a crucial intermediary, facilitating the financial support that enables these organizations to carry out their respective missions. The Trust's role is pivotal in ensuring the continuity and sustainability of these health and welfare initiatives for the betterment of their beneficiaries. Through its commitment to financial stewardship, the District Council 37 Benefits Fund Trust plays a vital part in the broader network of social services, enhancing the overall well-being of communities in need.
Who is the CEO of District Council 37 Benefits Fund Trust?
Henry Garrido is the Trustee of District Council 37 Benefits Fund Trust.
What is the revenue of District Council 37 Benefits Fund Trust?
District Council 37 Benefits Fund Trust's revenue in 2022 was $300,092,615.
Who are the executives of District Council 37 Benefits Fund Trust and what are their salaries?
The average compensation at District Council 37 Benefits Fund Trust during 2022 was $18,990. There are 24 employees at District Council 37 Benefits Fund Trust.
Here are 9 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: $0
- Related: $194,164
- Other: $44,593
- Compensation: $0
- Related: $169,552
- Other: $40,145
- Compensation: $0
- Related: $152,690
- Other: $33,069
- Compensation: $102,803
- Related: $0
- Other: $16,421
- Compensation: $101,599
- Related: $0
- Other: $41,884
Where can I find the form 990 for District Council 37 Benefits Fund Trust?
District Council 37 Benefits Fund Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of District Council 37 Benefits Fund Trust
The District Council 37 Benefits Fund Trust is a mission-driven organization that focuses on collecting and distributing funds to various tax-exempt health and welfare benefit plans. In essence, it acts as a crucial financial intermediary, pooling resources and allocating them to related organizations that share its commitment to improving lives and delivering essential services. By doing so, it contributes significantly to the broader social safety net, enhancing the reach and impact of the health and welfare sector. Through its unwavering dedication to this cause, the Trust streamlines the flow of resources and enables collaborative efforts among the beneficiary organizations, ultimately improving the lives of countless individuals in need.
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Impact
October, 2024
District Council 37 Benefits Fund Trust plays a vital role in enhancing the well-being of communities by facilitating the collection and distribution of funds to various tax-exempt health and welfare benefit plans. Based in New York, this organization ensures that resources are efficiently allocated to support programs that provide essential health and welfare services. By connecting these funds with related benefit plans, it helps improve access to vital services for individuals and families, ultimately contributing to better health outcomes and financial security. This impact is particularly significant for those in employment, as it reinforces the importance of comprehensive benefits that can alleviate the burdens of healthcare costs and support overall welfare.
This information is meant to be a general summary of District Council 37 Benefits Fund Trust. 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: $65,506
- Program Service Revenue: $300,027,109
- Gross Receipts: $450,283,003
Assets and Liabilities:
- Total Assets: $665,776,157
- Total Liabilities: $85,887,789
- Net Assets: $579,888,368
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$299,718,290
COBRA
Revenue
$308,819
Organization Details
Founding Year
1979
Phone
(212) 815-1294Principal Officer
Henry Garrido
Main Address
55 WATER STREET, NEW YORK, NY, 10041
NTEE Category
Code: J40 - Employment
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