Overview
What is Local 803 Health & Welfare Fund?
Local 803 Health & Welfare Fund is a nonprofit organization located at 75 Maiden Lane Suite 604, New York, NY 10038. Its primary mission is to offer health and welfare benefits to eligible participants. These benefits encompass medical and surgical care, prescription drugs, dental services, optical aids, life insurance, and disability coverage. The organization is committed to providing these benefits to individuals covered under collective bargaining agreements. With a small team of one employee, Local 803 Health & Welfare Fund aims to enhance the well-being and health of its participants, ensuring they have access to essential medical services.
Is Local 803 Health & Welfare Fund legitimate?
Local 803 Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 803 Health & 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $83,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,903
For more financial information, click here
What is the mission statement of Local 803 Health & Welfare Fund?
The Local 803 Health & Welfare Fund's mission is centered around providing health and welfare benefits to eligible participants. This is achieved through collective bargaining agreements. The primary objectives of the fund include offering medical and surgical coverage, prescription drug plans, dental care, optical services, life insurance, and disability provisions. The aim is to enhance the well-being and health of the covered individuals.
Who is the CEO of Local 803 Health & Welfare Fund?
Demos Demopoulos is the Trustee of Local 803 Health & Welfare Fund.
What is the revenue of Local 803 Health & Welfare Fund?
Local 803 Health & Welfare Fund's revenue in 2022 was $150,299.
Who are the executives of Local 803 Health & Welfare Fund and what are their salaries?
The average compensation at Local 803 Health & Welfare Fund during 2022 was $89,308. There is 1 employee at Local 803 Health & Welfare Fund.
Here are 5 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $84,029
- Related: $0
- Other: $0
Where can I find the form 990 for Local 803 Health & Welfare Fund?
Local 803 Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 803 Health & Welfare Fund
The Local 803 Health & Welfare Fund is committed to providing health and welfare benefits to individuals who are covered by collective bargaining agreements. Its mission is to extend essential services such as medical and surgical care, prescription drugs, dental coverage, optical aids, life insurance, and disability benefits to eligible participants. By offering these comprehensive benefits, the Local 803 Health & Welfare Fund aims to enhance the well-being and overall quality of life for those it serves.
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Impact
October, 2024
Local 803 Health & Welfare Fund significantly impacts the well-being of participants covered by collective bargaining agreements by providing essential health and welfare benefits. It offers a comprehensive range of services, including medical and surgical care, prescription drugs, dental and optical services, life insurance, and disability benefits. This support plays a crucial role in ensuring that eligible participants have access to necessary healthcare services, which can enhance their quality of life and financial security. By addressing vital health needs, the Fund promotes overall community health and helps reduce the financial burden of medical expenses for its members in New York.
This information is meant to be a general summary of Local 803 Health & Welfare Fund. 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: $29,919
- Program Service Revenue: $5,850
- Gross Receipts: $150,299
Assets and Liabilities:
- Total Assets: $1,534,753
- Total Liabilities: $17,523
- Net Assets: $1,517,230
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$5,850
Organization Details
Founding Year
1972
Phone
(718) 296-5100Principal Officer
Demos Demopoulos
Main Address
75 MAIDEN LANE SUITE 604, NEW YORK, NY, 10038
NTEE Category
Code: Y40 - Mutual benefit
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