Overview
What is Local 153 Benefits Fund?
Local 153 Benefits Fund is a nonprofit organization situated in New York City, specifically at 42 Broadway, 1201, New York, NY 10004. The primary objective of this organization is to provide various benefits to eligible participants and their beneficiaries. These benefits encompass dental, disability, optical, and life insurance coverage. The organization's mission, as described, is to offer health benefits to eligible individuals, ensuring their well-being and financial security. With a modest workforce of 4 employees, Local 153 Benefits Fund serves its community by providing essential insurance coverage.
Is Local 153 Benefits Fund legitimate?
Local 153 Benefits Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 153 Benefits 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: $21,863
For more financial information, click here
What is the mission statement of Local 153 Benefits Fund?
The Local 153 Benefits Fund is committed to providing health benefits to eligible participants and beneficiaries. This mission is fulfilled by offering a range of benefits, including dental, disability, optical, and life insurance. The organization's primary goal is to ensure the well-being of its beneficiaries by providing these essential coverages. The Fund strives to serve its participants and beneficiaries effectively and comprehensively, catering to their diverse health needs. It is dedicated to maintaining and enhancing the health and financial security of its members.
Who is the CEO of Local 153 Benefits Fund?
Richard Lanigan is the Trustee of Local 153 Benefits Fund.
What is the revenue of Local 153 Benefits Fund?
Local 153 Benefits Fund's revenue in 2023 was $423,361.
Who are the executives of Local 153 Benefits Fund and what are their salaries?
The average compensation at Local 153 Benefits Fund during 2023 was $5,466. There are 4 employees at Local 153 Benefits Fund.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $379,808
- Other: $150,944
- Compensation: $0
- Related: $185,139
- Other: $114,870
- Compensation: $0
- Related: $178,732
- Other: $55,553
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Local 153 Benefits Fund?
Local 153 Benefits Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Local 153 Benefits Fund
Local 153 Benefits Fund is a organization that is dedicated to providing health benefits to eligible participants and beneficiaries. Their mission revolves around the provision of various types of insurance, including dental, disability, optical, and life coverage. By offering these benefits, they aim to support the well-being and health of those who are eligible, ensuring they have the necessary coverage to face unexpected health challenges.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Local 153 Benefits Fund plays a crucial role in enhancing the quality of life for its eligible participants and beneficiaries in New York. By providing a comprehensive range of health benefits, including dental, disability, optical, and life insurance, the Fund ensures that individuals have access to essential services that contribute to their overall well-being and financial security.
This support not only alleviates the financial burdens associated with healthcare but also promotes healthier lifestyles among its members. The Fund's commitment to offering these benefits fosters a sense of community and mutual aid, empowering participants to navigate life's challenges with greater confidence and stability. In essence, Local 153 Benefits Fund creates a safety net that positively impacts the lives of many, reflecting its mission to support the health and welfare of its members.
This information is meant to be a general summary of Local 153 Benefits 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 2023.
- Investment Income: $157,758
- Program Service Revenue: $265,603
- Gross Receipts: $423,361
Assets and Liabilities:
- Total Assets: $7,216,918
- Total Liabilities: $363,486
- Net Assets: $6,853,432
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$265,603
Organization Details
Founding Year
1951
Phone
(212) 741-8260Principal Officer
Richard Lanigan
Main Address
42 BROADWAY 1201, NEW YORK, NY, 10004
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Local 153 Benefits Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.