Group Insurance Fund Local 381

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

EIN: 136119572 ✦ Mineola, NY ✦ Designated as a 501(c)(9)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Group Insurance Fund Local 381?

Group Insurance Fund Local 381 is a nonprofit organization based in Mineola, New York. The primary mission of this organization is to extend health and additional benefits to eligible individuals and their dependents. This includes providing coverage for various medical needs and other essential services. The organization operates with a clear purpose, aiming to support and enhance the well-being of its members. The exact nature of these benefits and the specifics of eligibility may vary, but the overall goal remains providing assistance to those who qualify.

Is Group Insurance Fund Local 381 legitimate?

Group Insurance Fund Local 381 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Group Insurance Fund Local 381 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Group Insurance Fund Local 381?

Group Insurance Fund Local 381's primary objective is to extend health and various other benefits to eligible participants and their dependents. This organization is committed to serving its members by providing them with essential coverage, ensuring their well-being and overall welfare. The purpose of this fund is to enhance the quality of life for its participants by offering a comprehensive range of benefits. It aims to support its members during their health challenges and beyond, providing them with the necessary assistance and resources they need. The fund's mission is to promote the well-being and security of its members, ensuring they have access to essential healthcare services and support when needed.

Who is the CEO of Group Insurance Fund Local 381?

Generoso Dichiara is the Administrator of Group Insurance Fund Local 381.

What is the revenue of Group Insurance Fund Local 381?

Group Insurance Fund Local 381's revenue in 2022 was $1,422,185.

Who are the executives of Group Insurance Fund Local 381 and what are their salaries?


Here are 6 key members and their salaries:


Francia Reed (Trustee/Staff)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvaro Vargas - Thru Nov 2022 (Trustee/Control)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Ohlinger (Emplyr Trustee)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Alphonse Falco (Emplyr Trustee)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Generoso Dichiara (Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Vargas - Eff Nov 2022 (Trustee/Control)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Group Insurance Fund Local 381?

Group Insurance Fund Local 381's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Group Insurance Fund Local 381

Group Insurance Fund Local 381 is committed to providing essential health and other benefits to eligible participants and their dependents. This nonprofit organization's mission is centered around extending vital support to its members, ensuring they have access to necessary healthcare services and additional benefits when needed. The purpose of Group Insurance Fund Local 381 is to enhance the well-being and quality of life for its participants, offering a safety net during times of health-related challenges or other necessities. The organization's mission is to bridge the gap and provide a sense of security, fostering peace of mind for those it serves.

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

Group Insurance Fund Local 381 significantly impacts the health and well-being of its eligible participants and their dependents by providing essential health and other benefits. This support ensures that individuals have access to necessary medical care and resources, promoting a healthier community in Mineola, NY. By focusing on mutual benefit, the fund fosters a sense of security among members, allowing them to navigate health challenges with greater confidence and support. The program not only alleviates financial burdens associated with healthcare but also contributes to overall quality of life for those covered under the plan.




This information is meant to be a general summary of Group Insurance Fund Local 381. 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
$1,422,185 (2022)
Expenses
$3,079,931 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$180,469
  • Program Service Revenue: $1,602,654
  • Gross Receipts: $18,900,837

Assets and Liabilities:

  • Total Assets: $9,382,327
  • Total Liabilities: $359,986
  • Net Assets: $9,022,341

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.

EMPLOYERS CONTRIBUTIONS

Revenue

$1,322,412

PARTICIPANTS CONTRIBUTION

Revenue

$280,242

Organization Details

Founding Year

1947

Principal Officer

Generoso Dichiara

Main Address

160 MINEOLA BOULEVARD, MINEOLA, NY, 11501

NTEE Category

Code: Y40 - Mutual benefit

If you are a representative of Group Insurance Fund Local 381 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.