Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund

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

EIN: 146022899 ✦ Rego park, NY ✦ Designated as a 501(c)(9)

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Overview

What is Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund?

The Bricklayers and Allied Craftworkers Local 5 New York Welfare Fund is a nonprofit organization located in Rego Park, NY. Its primary mission is to offer health care coverage to its members, providing eligible individuals and their dependents with extensive benefits, including coverage for major medical expenses, hospital fees, diagnostic tests, lab fees, medical fees, surgery costs, vision care, and dental services. By doing so, the fund aims to ensure its members have access to comprehensive health care services.

Is Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund legitimate?

Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bricklayers And Allied Craftworkers Local 5 New York 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund?

The Bricklayers and Allied Craftworkers Local 5 New York Welfare Fund's primary objective is to extend health care coverage to its members. It accomplishes this by offering health insurance, which includes coverage for major medical expenses, hospital fees, diagnostic tests, lab fees, medical fees, surgery costs, vision care, and dental services. The fund is committed to providing these benefits to eligible members and their dependents.

Who is the CEO of Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund?

Michael Clifford is the Employer Trustee of Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund.

What is the revenue of Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund?

Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund's revenue in 2022 was $2,854,799.

Who are the executives of Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund and what are their salaries?


Here are 5 key members and their salaries:


Ross Pepe (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Seidman (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel Valente (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Clifford (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Williams (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund?

Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bricklayers And Allied Craftworkers Local 5 New York Welfare Fund

Bricklayers and Allied Craftworkers Local 5 New York Welfare Fund is an organization dedicated to providing health care coverage. Its primary mission is to offer eligible members and their dependents comprehensive health insurance benefits. These benefits encompass a wide range of medical expenses, including hospital fees, diagnostic tests, lab fees, medical treatments, surgical costs, vision care, and dental services. By providing these essential services, the fund aims to safeguard the health and well-being of its members, ensuring they can access necessary medical care when needed.

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Impact




October, 2024

The Bricklayers and Allied Craftworkers Local 5 New York Welfare Fund plays a crucial role in ensuring the health and well-being of its members and their families. By offering comprehensive health insurance, the fund alleviates the financial burden associated with major medical expenses, hospital fees, and critical health services. Members benefit from coverage that includes diagnostic x-rays, lab tests, surgery costs, vision care, and dental services, which helps to promote overall health and preventative care within the construction community.

Located in Rego Park, NY, the Welfare Fund enhances the quality of life for its members, ensuring that they have access to necessary medical services without facing exorbitant costs. This support not only aids individual members but also contributes to a healthier workforce, ultimately benefiting the industry as a whole. The commitment to healthcare protection fosters a sense of security and community among union members, strengthening their collective well-being.




This information is meant to be a general summary of Bricklayers And Allied Craftworkers Local 5 New York 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.

Revenue
$2,854,799 (2022)
Expenses
$2,479,343 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $176,204
  • Program Service Revenue: $2,675,085
  • Gross Receipts: $3,054,104

Assets and Liabilities:

  • Total Assets: $9,570,478
  • Total Liabilities: $3,197,187
  • Net Assets: $6,373,291

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,356,732

SELF PAYMENTS

Revenue

$318,353

Organization Details

Founding Year

1949

Principal Officer

Michael Clifford

Main Address

66-05 WOODHAVEN BLVD, REGO PARK, NY, 11374

NTEE Category

Code: Y40 - Mutual benefit

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