Uaw - Local 259 Social Security Dept

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

EIN: 136115078 ✦ Englewood cliffs, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Uaw - Local 259 Social Security Dept?

Uaw-Local 259 Social Security Dept is a nonprofit organization based in Englewood Cliffs, New Jersey, specifically at 140 Sylvan Avenue 303. Their mission is to provide health benefits to approximately 1,260 active and retired participants and their dependents. The organization offers a comprehensive range of benefits, including death, accidental death and dismemberment, disability income, hospital, surgical, medical, dental, optical, and prescription drug coverage. A supplemental benefit package is also available for retirees, with Medicare serving as the primary carrier. The nonprofit formulates, adopts, and administers this program to offer health and welfare benefits to participants and their dependents or other specified beneficiaries.

Is Uaw - Local 259 Social Security Dept legitimate?

Uaw - Local 259 Social Security Dept is a legitimate nonprofit organization registered as a 501(c)(9) entity. Uaw - Local 259 Social Security Dept 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 Uaw - Local 259 Social Security Dept?

The Uaw - Local 259 Social Security Department formulates, adopts, and administers a program of benefits designed to provide health and welfare assistance for the exclusive benefit of its participants and their dependents or specified beneficiaries. The department offers a range of benefits, including death, accidental death and dismemberment, disability income, hospital, surgical, medical, dental, optical, prescription drug benefits, and supplemental benefits for retirees with Medicare as the primary carrier. The mission is to support approximately 1,260 active and retired participants and their dependents with comprehensive health benefits.

Who is the CEO of Uaw - Local 259 Social Security Dept?

Jeffrey C Isaacs is the Employer Trustee of Uaw - Local 259 Social Security Dept.

What is the revenue of Uaw - Local 259 Social Security Dept?

Uaw - Local 259 Social Security Dept's revenue in 2022 was $25,565,655.

Who are the executives of Uaw - Local 259 Social Security Dept and what are their salaries?


Here are 4 key members and their salaries:


Jeffrey Isaacs (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Schneck (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Tyrell (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Chalom (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Uaw - Local 259 Social Security Dept?

Uaw - Local 259 Social Security Dept's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Uaw - Local 259 Social Security Dept

UAW-Local 259 Social Security Department is a mission-driven organization that formulates, adopts, and administers a program of benefits for the exclusive benefit of its participants and their dependents or other specified beneficiaries. This nonprofit endeavors to provide health and welfare benefits for its members and their dependents or designated beneficiaries.

Approximately 1,260 active and retired individuals and their families rely on UAW-Local 259 Social Security Department for a range of essential benefits. These benefits include, but are not limited to, death, accidental death and dismemberment, disability income, hospital, surgical, medical, dental, optical, and prescription drug coverage. For eligible retirees, the plan offers supplemental benefits when Medicare serves as the primary carrier. By providing these comprehensive benefits, UAW-Local 259 Social Security Department strives to ensure the wellbeing and security of its members and their loved ones.

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Impact




October, 2024

UAW - Local 259 Social Security Dept significantly impacts the lives of approximately 1,260 eligible active and retired members and their dependents by providing a comprehensive suite of health and welfare benefits. This includes essential provisions for death, accidental death and dismemberment, and disability income, along with medical, dental, optical, and prescription drug coverage, which are vital in ensuring the well-being of participants and their families.

The program is particularly beneficial for retirees, as it offers supplemental benefits for those for whom Medicare serves as the primary carrier. This enhances their access to healthcare and financial support during retirement, a time when such services are most critical.

By formulating, adopting, and administering a targeted benefits program, UAW - Local 259 ensures that the health and welfare needs of its members are met, providing peace of mind and security to participants and their dependents. This commitment not only supports individual health but also fosters a sense of community and mutual benefit among members, demonstrating the organization's role in enhancing the quality of life for its participants.




This information is meant to be a general summary of Uaw - Local 259 Social Security Dept. 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
$25,565,655 (2022)
Expenses
$27,202,293 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $408,577
  • Program Service Revenue: $21,742,106
  • Gross Receipts: $27,371,253

Assets and Liabilities:

  • Total Assets: $17,277,969
  • Total Liabilities: $88,280
  • Net Assets: $17,189,689

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$21,683,577

COBRA CONTRIBUTIONS

Revenue

$58,450

RETIREES CONTRIBUTIONS

Revenue

$79

Organization Details

Founding Year

1949

Principal Officer

Jeffrey C Isaacs

Main Address

140 SYLVAN AVENUE 303, ENGLEWOOD CLIFFS, NJ, 07632

NTEE Category

Code: Y40 - Mutual benefit

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