Sickness & Accident Fund Of Local One Ala For Lithographic Employee

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

EIN: 135563432 ✦ New york, NY ✦ Designated as a 501(c)(9)

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Overview

What is Sickness & Accident Fund Of Local One Ala For Lithographic Employee?

The Sickness & Accident Fund of Local One Ala for Lithographic Employee is a nonprofit organization that offers health benefits to eligible participants. Under a union contract, this welfare fund provides hospital, medical, drug, and dental coverage to employees of contributing employers, as well as to other qualified individuals, including retired employees. The primary function of this fund is to support the health needs of its members, ensuring they have access to essential medical services.

Is Sickness & Accident Fund Of Local One Ala For Lithographic Employee legitimate?

Sickness & Accident Fund Of Local One Ala For Lithographic Employee is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sickness & Accident Fund Of Local One Ala For Lithographic Employee 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: $0

For more financial information, click here

What is the mission statement of Sickness & Accident Fund Of Local One Ala For Lithographic Employee?

The Sickness and Accident Fund of Local One ALA for Lithographic Employee serves as a welfare fund, providing essential health benefits to eligible participants. Its primary mission is to offer hospital, medical, drug, and dental coverage to employees of contributing employers, as well as to other eligible individuals, such as retired employees, under a union contract. The fund aims to ensure the well-being of its members by providing necessary medical support. It operates under a union contract, ensuring a collective approach to employee welfare.

Who is the CEO of Sickness & Accident Fund Of Local One Ala For Lithographic Employee?

Cynthia Hendrickson is the Trustee of Sickness & Accident Fund Of Local One Ala For Lithographic Employee.

What is the revenue of Sickness & Accident Fund Of Local One Ala For Lithographic Employee?

Sickness & Accident Fund Of Local One Ala For Lithographic Employee's revenue in 2022 was $2,612,461.

Who are the executives of Sickness & Accident Fund Of Local One Ala For Lithographic Employee and what are their salaries?


Here are 4 key members and their salaries:


Patrick Lopresti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Santangelo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Scharfstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Kreis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sickness & Accident Fund Of Local One Ala For Lithographic Employee?

Sickness & Accident Fund Of Local One Ala For Lithographic Employee's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sickness & Accident Fund Of Local One Ala For Lithographic Employee

The Sickness & Accident Fund of Local One ALA for Lithographic Employee is a welfare fund with a mission to extend healthcare benefits to eligible participants. In simpler terms, this nonprofit organization provides hospital, medical, prescription drug, and dental coverage to employees of contributing employers, as well as to other eligible individuals, such as retired employees, under the terms of a union contract. By offering these vital health benefits, the Sickness & Accident Fund of Local One ALA for Lithographic Employee plays a significant role in ensuring the well-being of its beneficiaries.

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Impact




October, 2024

The Sickness & Accident Fund of Local One Ala for Lithographic Employees plays a crucial role in supporting the health and well-being of its participants by providing essential health benefits. This fund offers hospital, medical, drug, and dental coverage to eligible employees, including those who are retired, ensuring that they have access to necessary healthcare services.

By alleviating the financial burden associated with medical expenses, the fund enhances the quality of life for individuals in the lithographic industry. It promotes a healthier workforce, which can lead to improved productivity and morale among employees. Additionally, the availability of comprehensive health benefits fosters greater job security and satisfaction, as employees are more likely to feel valued and supported.

Moreover, the fund strengthens the community within the lithographic sector by reinforcing solidarity among workers and their families. As employees receive the care they need, it fosters a sense of trust in the system and encourages ongoing participation in collective bargaining agreements. Overall, the Sickness & Accident Fund serves as a vital safety net, ensuring that workers have the necessary resources to maintain their health and livelihood.




This information is meant to be a general summary of Sickness & Accident Fund Of Local One Ala For Lithographic Employee. 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
$2,612,461 (2022)
Expenses
$2,785,422 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,156
  • Program Service Revenue: $2,607,262
  • Gross Receipts: $2,612,461

Assets and Liabilities:

  • Total Assets: $1,657,435
  • Total Liabilities: $896,129
  • Net Assets: $761,306

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,081,038

MEMBER CONTRIBUTIONS

Revenue

$526,224

Organization Details

Founding Year

1948

Principal Officer

Cynthia Hendrickson

Main Address

113 UNIVERSITY PLACE, NEW YORK, NY, 10003

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