Overview
What is Derrickmen's Welfare Fund Local 197?
Derrickmen's Welfare Fund Local 197 is a nonprofit organization situated in New York City, specifically at 253 W 35TH ST - 12TH FL, New York, NY 10001. The primary purpose of this organization is to offer a range of benefits to eligible members and their dependents. These benefits include medical assistance, vacation time, death benefits, prescription drug coverage, optical care, dental services, disability support, and paid family leave. This comprehensive welfare fund aims to enhance the well-being and support systems of its participants during various life stages.
Official website here: www.dhcook.com/groups/derrick/
Is Derrickmen's Welfare Fund Local 197 legitimate?
Derrickmen's Welfare Fund Local 197 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Derrickmen's Welfare Fund Local 197 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:
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For more financial information, click here
Official website here: www.dhcook.com/groups/derrick/
What is the mission statement of Derrickmen's Welfare Fund Local 197?
Derrickmen's Welfare Fund Local 197 is committed to providing various benefits to eligible participants and their dependents. This includes medical coverage, vacation days, death benefits, prescription drug coverage, optical and dental care, disability support, and paid family leave. The fund's mission is to ensure the well-being of its members by providing these essential benefits, thereby enhancing their overall quality of life.
Official website here: www.dhcook.com/groups/derrick/
Who is the CEO of Derrickmen's Welfare Fund Local 197?
William Hayes is the Union Trustee of Derrickmen's Welfare Fund Local 197.
Official website here: www.dhcook.com/groups/derrick/
What is the revenue of Derrickmen's Welfare Fund Local 197?
Derrickmen's Welfare Fund Local 197's revenue in 2022 was $3,594,277.
Official website here: www.dhcook.com/groups/derrick/
Who are the executives of Derrickmen's Welfare Fund Local 197 and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.dhcook.com/groups/derrick/
Where can I find the form 990 for Derrickmen's Welfare Fund Local 197?
Derrickmen's Welfare Fund Local 197's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dhcook.com/groups/derrick/
Learn more at the official website: www.dhcook.com/groups/derrick/
Mission Statement of Derrickmen's Welfare Fund Local 197
Derrickmen's Welfare Fund Local 197 is committed to providing a range of benefits to eligible participants and their dependents. This nonprofit organization's mission is centered around offering medical, vacation, and death benefits, as well as prescription drug, optical, dental, disability, and paid family leave services. The primary objective of Derrickmen's Welfare Fund Local 197 is to ensure the well-being and support of its members in various aspects of their lives, from health care to time off for personal or family reasons. By providing these benefits, the organization aims to alleviate some of the financial burdens and uncertainties that individuals and families may face, thereby contributing to their overall well-being and stability.
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Impact
October, 2024
Derrickmen's Welfare Fund Local 197 significantly enhances the well-being of its eligible participants and their dependents by offering a comprehensive suite of benefits. These include medical coverage, vacation pay, death benefits, and support for prescription drugs, optical care, dental services, and disability. By ensuring access to these essential resources, the fund plays a crucial role in promoting health security and financial stability for its members in New York City.
The provision of paid family leave further acknowledges the importance of work-life balance, allowing members to attend to familial responsibilities without compromising their financial security. This holistic approach not only fosters a sense of community among members but also alleviates the stresses associated with healthcare and family-related challenges, ultimately contributing to a healthier, more productive workforce. The impact of Derrickmen's Welfare Fund Local 197 extends beyond individual benefits, strengthening the overall fabric of support within the local community.
This information is meant to be a general summary of Derrickmen's Welfare Fund Local 197. 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: $269,442
- Program Service Revenue: $3,324,835
- Gross Receipts: $4,842,465
Assets and Liabilities:
- Total Assets: $4,835,724
- Total Liabilities: $596,947
- Net Assets: $4,238,777
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANTS' CONTRIBUTIONS
Revenue
$2,055,206
EMPLOYERS' CONTRIBUTIONS
Revenue
$1,269,629
Organization Details
Founding Year
1950
Phone
(212) 505-5050Principal Officer
William Hayes
Main Address
253 W 35TH ST - 12TH FL, NEW YORK CITY, NY, 100011970
NTEE Category
Code: Y40 - Mutual benefit
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