Local 475 Health Plan

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

EIN: 136179467 ✦ Pelham, NY ✦ Designated as a 501(c)(9)

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Overview

What is Local 475 Health Plan?

Local 475 Health Plan is a nonprofit organization situated in Pelham, New York. It primarily focuses on providing health and welfare benefits to its participants through employer contributions. The plan's mission is centered around enhancing the well-being of its participants by offering essential healthcare benefits. With a small team of four individuals, Local 475 Health Plan strives to make a significant impact on the lives of those enrolled in the plan.

Is Local 475 Health Plan legitimate?

Local 475 Health Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 475 Health Plan 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: $102,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,814

For more financial information, click here

What is the mission statement of Local 475 Health Plan?

The Local 475 Health Plan's mission is centered around providing health and welfare benefits to its participants, made possible through employer contributions. This commitment ensures that the plan's members have access to essential healthcare services and support. The plan's activities are primarily focused on facilitating these contributions, thereby enabling participants to avail of various health and welfare benefits. The plan's mission does not explicitly state any goals beyond this, suggesting a primary focus on the provision of these benefits.

Who is the CEO of Local 475 Health Plan?

Ronald Kowalski Jr is the Trustee of Local 475 Health Plan.

What is the revenue of Local 475 Health Plan?

Local 475 Health Plan's revenue in 2022 was $7,193,791.

Who are the executives of Local 475 Health Plan and what are their salaries?

The average compensation at Local 475 Health Plan during 2022 was $34,928. There are 4 employees at Local 475 Health Plan.


Here are 3 key members and their salaries:


Peter Vaupel (Fund Admin)
  • Compensation: $66,587
  • Related: $83,635
  • Other: $12,432
Ronald Kowalski Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eduardo Melendez (Trustee)
  • Compensation: $36,313
  • Related: $53,973
  • Other: $12,432
Where can I find the form 990 for Local 475 Health Plan?

Local 475 Health Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local 475 Health Plan

Local 475 Health Plan is an organization that plays a significant role in providing health and welfare benefits to its participants. Through employer contributions, it ensures that these benefits are accessible and affordable. The plan's mission is centered around providing these essential benefits, thereby enhancing the overall well-being of its participants. By doing so, Local 475 Health Plan demonstrates a commitment to the health and welfare of its members, offering them a safety net in times of need. The plan's activities are primarily focused on this mission, ensuring that its participants have access to the necessary healthcare services and support.

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Impact




October, 2024

Local 475 Health Plan significantly impacts the well-being of its participants by providing essential health and welfare benefits. By utilizing employer contributions, the plan ensures access to necessary healthcare services for its members. This support enhances the overall health of individuals and families in the community, allowing them to focus on their personal and professional lives without the constant worry of medical expenses. With operations based in Pelham, NY, the plan fosters a sense of mutual benefit, ensuring that participants receive the care and resources they need to thrive.




This information is meant to be a general summary of Local 475 Health Plan. 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
$7,193,791 (2022)
Expenses
$4,633,052 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $270,617
  • Program Service Revenue: $6,923,174
  • Gross Receipts: $9,132,423

Assets and Liabilities:

  • Total Assets: $14,301,318
  • Total Liabilities: $601,055
  • Net Assets: $13,700,263

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$6,923,174

Organization Details

Founding Year

1965

Principal Officer

Ronald Kowalski Jr

Main Address

629 FIFTH AVENUE, PELHAM, NY, 10803

NTEE Category

Code: Y40 - Mutual benefit

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