Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United

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

EIN: 135521921 ✦ White plains, NY ✦ Designated as a 501(c)(9)

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Overview

What is Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United?

Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United is a nonprofit organization based in White Plains, New York, with a workforce of four individuals. Their primary mission is to provide essential health benefits, including medical, hospitalization, dental, vision, and prescription coverage, to eligible participants and their dependents. The organization acts as a VEBAs (Voluntary Employees' Beneficiary Associations) health fund, ensuring that the benefits are paid to those who qualify.

Is Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United legitimate?

Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United is a legitimate nonprofit organization registered as a 501(c)(9) entity. Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United 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: $146,289

For more financial information, click here

What is the mission statement of Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United?

The Laundry Dry Cleaning Workers & Allied Industries Health Fund Workers United is dedicated to providing health benefits to eligible participants and their dependents. This VEBAs (Voluntary Employees' Beneficiary Associations) mission is brought to life through the payment of medical, hospitalization, dental, vision, and prescription benefits to those who qualify. The organization's primary goal is to ensure that eligible individuals have access to essential health services. In doing so, it aims to promote overall well-being and peace of mind for its members. Through its health fund, it offers a comprehensive suite of benefits designed to cover various aspects of an individual's healthcare needs.

Who is the CEO of Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United?

Michael Potack is the Union Trustee of Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United.

What is the revenue of Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United?

Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United's revenue in 2022 was $13,557,960.

Who are the executives of Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United and what are their salaries?

The average compensation at Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United during 2022 was $36,572. There are 4 employees at Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United.


Here are 6 key members and their salaries:


Alberto Arroyo (Union Trustee)
  • Compensation: $0
  • Related: $131,979
  • Other: $42,872
Michael Potack (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Chambers (Union Trustee - Chairman)
  • Compensation: $0
  • Related: $129,422
  • Other: $42,872
John Magliocco (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Potack (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Silverman (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United?

Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United

Laundry Dry Cleaning Workers & Allied Industries Health Fund Workers United, a VEBAs (Voluntary Employees' Beneficiary Associations) health fund, is dedicated to providing essential health benefits to eligible participants and their dependents. In simple terms, this nonprofit organization serves to ensure that members have access to medical, hospitalization, dental, vision, and prescription coverage.

The mission of Laundry Dry Cleaning Workers & Allied Industries Health Fund Workers United is to safeguard the wellbeing of its members by making healthcare provisions accessible and affordable. By providing these benefits, the organization alleviates the financial burden that comes with obtaining necessary healthcare services. This nonprofit's commitment extends beyond individual healthcare needs, as it also covers dependents, ensuring that families remain protected under its umbrella of care.

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Impact




October, 2024

Laundry Dry Cleaning Workers & Allied Industries Health Fund Workers United plays a crucial role in supporting the health and well-being of eligible participants and their dependents. By providing comprehensive health benefits, including medical, hospitalization, dental, vision, and prescription coverage, this fund addresses critical healthcare needs for workers in the laundry and dry cleaning sector.

Located in White Plains, NY, the fund's mission directly impacts the lives of its members by alleviating financial burdens associated with healthcare costs. This ensures that participants can access necessary medical services and maintain their overall health without the stress of exorbitant expenses.

By focusing on mutual benefit, the fund fosters a supportive community that empowers workers to prioritize their health, ultimately contributing to a more productive workforce and improved quality of life for families within the industry.




This information is meant to be a general summary of Laundry Dry Cleaning Wokers & Allied Industries Health Fund Workers United. 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
$13,557,960 (2022)
Expenses
$13,792,841 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $240,003
  • Program Service Revenue: $13,228,420
  • Gross Receipts: $35,511,834

Assets and Liabilities:

  • Total Assets: $18,179,307
  • Total Liabilities: $369,181
  • Net Assets: $17,810,126

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$13,153,508

MEMBER CONTRIBUTIONS

Revenue

$63,858

COBRA CONTRIBUTIONS

Revenue

$11,054

Organization Details

Founding Year

1946

Principal Officer

Michael Potack

Main Address

333 WINCHESTER AVENUE, WHITE PLAINS, NY, 106042910

NTEE Category

Code: Y40 - Mutual benefit

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