Overview
What is Local 817 Ibt Welfare Fund?
The Local 817 Ibt Welfare Fund is a nonprofit organization situated at 817 Old Cuttermill Road, Great Neck, New York, 11021. With a workforce of 1,416 employees, this organization focuses on delivering health and welfare benefits to eligible members. The Welfare Fund's extensive offerings include holiday pay, vacation pay, death benefits, and disability benefits. As of December 31, 2022, there were 1,224 participants receiving these benefits under the collective bargaining agreement. The primary mission of this nonprofit is to ensure the well-being of its members by providing essential benefits that enhance their overall quality of life.
Is Local 817 Ibt Welfare Fund legitimate?
Local 817 Ibt Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 817 Ibt Welfare 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $264,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,369
For more financial information, click here
Mission Statement of Local 817 Ibt Welfare Fund
Local 817 Ibt Welfare Fund is a nonprofit organization dedicated to providing welfare benefits to its eligible members as outlined in their collective bargaining agreement. This fund prioritizes the health and well-being of its participants, offering them various benefits designed to enhance their quality of life.
In practice, Local 817 Ibt Welfare Fund extends its reach to encompass health and welfare benefits for its covered members. The organization ensures the provision of holiday pay, vacation pay, and disability benefits, offering financial security and support during various life circumstances. Additionally, it extends death benefits to the families of deceased members, adding a crucial layer of emotional and financial assistance during difficult times.
The welfare fund maintains a commitment to its members, with a membership base reaching 1,224 individuals at the close of 2022. By offering essential benefits, Local 817 Ibt Welfare Fund empowers its members to focus on their personal and professional pursuits, secure in the knowledge that their essential needs are being met. The organization's unwavering dedication to its mission stands as a testament to its unwavering support for the individuals it serves.
Impact
This information is meant to be a general summary of Local 817 Ibt Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Local 817 IBT Welfare Fund's impact is significant in providing essential welfare benefits to its participants covered under the collective bargaining agreement. This includes crucial benefits such as health and welfare benefits, holiday pay, vacation pay, death benefits, and disability benefits to eligible members. With 1,224 participants as of December 31, 2022, the fund plays a crucial role in supporting the well-being and financial security of its members in Great Neck, NY. The fund's mission to provide health and welfare benefits demonstrates its commitment to ensuring the overall welfare of its participants, making a tangible impact on the lives of those it serves.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$47,015,757
COBRA CONTRIBUTIONS
Revenue
$128,940
Organization Details
Founding Year
1964
Phone
(516) 365-3470
Principal Officer
Thomas J O'Donnell
Main Address
817 OLD CUTTERMILL ROAD, GREAT NECK, NY, 11021
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Local 817 Ibt Welfare 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.