Smart Local 137 Insurance Fund

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

EIN: 135520944 ✦ Long island city, NY ✦ Designated as a 501(c)(9)

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Overview

What is Smart Local 137 Insurance Fund?

Smart Local 137 Insurance Fund is a nonprofit organization situated in Long Island City, New York. Its primary mission is to offer health benefits and other forms of assistance to eligible participants. With a modest workforce of five individuals, the fund is dedicated to providing essential services to its members. The organization's activities and mission revolve around extending health benefits to its participants, making a significant impact within its community.

Is Smart Local 137 Insurance Fund legitimate?

Smart Local 137 Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Smart Local 137 Insurance 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: $227,938
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,603

For more financial information, click here

What is the mission statement of Smart Local 137 Insurance Fund?

The Smart Local 137 Insurance Fund is committed to providing health and other beneficial services to eligible participants. This organization's primary objective is to ensure the well-being of its eligible members by offering a range of benefits. The mission of Smart Local 137 Insurance Fund is centered around extending health benefits and other essential services to those who qualify. This is done with the aim of enhancing their overall quality of life and providing them with the necessary support.

Who is the CEO of Smart Local 137 Insurance Fund?

Unavailable

What is the revenue of Smart Local 137 Insurance Fund?

Smart Local 137 Insurance Fund's revenue in 2022 was $6,550,369.

Who are the executives of Smart Local 137 Insurance Fund and what are their salaries?

The average compensation at Smart Local 137 Insurance Fund during 2022 was $79,708. There are 5 employees at Smart Local 137 Insurance Fund.


Here are 7 key members and their salaries:


Dante Dano Jr (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Capaldo (Union Trustee)
  • Compensation: $1,547
  • Related: $0
  • Other: $953
Anthony Fotiadis (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Going (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Bragoli (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shanna Peras (Emplyr Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Basulto (Fund Admin)
  • Compensation: $145,713
  • Related: $0
  • Other: $79,725
Where can I find the form 990 for Smart Local 137 Insurance Fund?

Smart Local 137 Insurance Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Smart Local 137 Insurance Fund

Smart Local 137 Insurance Fund is dedicated to extending health benefits and various other advantages to its eligible participants. This nonprofit organization's primary mission is to ensure the well-being of its participants by offering a comprehensive range of benefits. By providing these benefits, Smart Local 137 Insurance Fund aims to support its participants in maintaining their health and overall wellness. The organization's activities are centered around this mission, ensuring that eligible individuals can access the necessary benefits to improve their quality of life. The nonprofit's focus on health and other benefits underscores its commitment to the well-being of its participants, making it a valuable resource for those who are eligible to join.

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Impact




October, 2024

Smart Local 137 Insurance Fund plays a crucial role in enhancing the well-being of its eligible participants by providing essential health and other benefits. Located in Long Island City, NY, the fund helps support its members by ensuring access to necessary health resources, which ultimately contributes to improved quality of life and financial stability. This focus on health and mutual benefit fosters a sense of community among participants, promoting not only individual wellness but also collective support and resilience within the membership. By alleviating the burden of medical expenses and offering a safety net, the fund empowers its members to focus on their professional and personal growth without the constant worry of healthcare-related challenges.




This information is meant to be a general summary of Smart Local 137 Insurance 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
$6,550,369 (2022)
Expenses
$7,320,046 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $153,195
  • Program Service Revenue: $6,394,396
  • Gross Receipts: $6,777,706

Assets and Liabilities:

  • Total Assets: $14,718,521
  • Total Liabilities: $1,020,221
  • Net Assets: $13,698,300

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$6,254,021

PARTICIPANTS CONTRIBUT

Revenue

$140,375

Organization Details

Founding Year

1958

Main Address

50-02 5TH ST STE A, LONG ISLAND CITY, NY, 111014710

NTEE Category

Code: Y40 - Mutual benefit

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