Overview
What is Local 342 Health Care Fund?
The Local 342 Health Care Fund is a nonprofit organization situated at 1461 Lakeland Ave, Suite 1, in Bohemia, New York (NY), with the ZIP code 11716. Their primary mission is to extend health and welfare benefits to eligible participants and their dependents. Through their initiatives, they aim to improve the overall well-being of those they serve.
Is Local 342 Health Care Fund legitimate?
Local 342 Health Care Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 342 Health Care 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,148,467
For more financial information, click here
What is the mission statement of Local 342 Health Care Fund?
The Local 342 Health Care Fund is committed to extending health and welfare benefits to eligible participants and their dependents. Through this mission, the organization strives to improve the overall well-being of those it serves. By providing essential coverage and resources, it aims to enhance their quality of life and ensure access to vital services when needed. In doing so, the Health Care Fund remains dedicated to promoting health and wellness within its community. In times of need, it offers a safety net to help individuals and their families manage healthcare costs and navigate complex healthcare systems. Ultimately, the Local 342 Health Care Fund acts as a vital partner in supporting the health and well-being of its members.
Who is the CEO of Local 342 Health Care Fund?
Debra Dunn is the Union Trustee of Local 342 Health Care Fund.
What is the revenue of Local 342 Health Care Fund?
Local 342 Health Care Fund's revenue in 2022 was $24,051,087.
Who are the executives of Local 342 Health Care Fund and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $163,248
- Other: $23,549
- Compensation: $0
- Related: $226,000
- Other: $31,370
Where can I find the form 990 for Local 342 Health Care Fund?
Local 342 Health Care Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 342 Health Care Fund
Local 342 Health Care Fund is a nonprofit organization dedicated to extending health and welfare benefits to eligible participants and their dependents. Established with a clear mission, this fund prioritizes the well-being of its members, offering them essential coverage and support when they need it most.
By providing health and welfare benefits, Local 342 Health Care Fund assumes a critical role in the lives of those it serves. The organization goes beyond the basics, ensuring that its beneficiaries have access to comprehensive coverage that caters to their unique needs. In doing so, Local 342 Health Care Fund plays a significant part in promoting overall health and well-being, allowing its members to focus on their daily lives with peace of mind.
Local 342 Health Care Fund's commitment to its mission is unwavering. The organization works diligently to maintain and expand its offerings, ensuring that eligible participants and their dependents are able to access the benefits they require to live healthy, productive lives. Through its unwavering dedication, Local 342 Health Care Fund continues to make a positive impact on the lives of those it serves.
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Impact
October, 2024
The Local 342 Health Care Fund significantly impacts the well-being of eligible participants and their dependents by providing essential health and welfare benefits. By offering access to various health care services, the fund ensures that members receive the medical care they need, which can lead to improved health outcomes and financial stability for families. This support promotes a culture of wellness and security, allowing participants to focus on their work and personal lives without the constant stress of healthcare costs. The fund plays a crucial role in enhancing the overall quality of life for its members in Bohemia, NY, contributing to a healthier community.
This information is meant to be a general summary of Local 342 Health Care 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,276
- Program Service Revenue: $24,047,811
- Gross Receipts: $24,300,826
Assets and Liabilities:
- Total Assets: $3,307,873
- Total Liabilities: $298,609
- Net Assets: $3,009,264
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$24,038,089
PARTICIPANT COBRA CONTRIBUTIONS
Revenue
$9,722
Organization Details
Founding Year
1975
Phone
(516) 747-5980Principal Officer
Debra Dunn
Main Address
1461 LAKELAND AVE SUITE 1, BOHEMIA, NY, 11716
NTEE Category
Code: Y40 - Mutual benefit
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