Overview
What is Plumbers And Steamfitters Local No 7 Welfare Fund?
Plumbers and Steamfitters Local No 7 Welfare Fund is a nonprofit organization based in Latham, New York, specifically located at 18 Avis Drive, ZIP code 12110. With a small team of four individuals, this fund operates with the primary mission to extend insurance and healthcare coverage to union members under Local No. 7. The benefits encompass various expenses related to hospital stays, x-rays, laboratory fees, surgical procedures, and additional costs, ensuring comprehensive care for union members.
Is Plumbers And Steamfitters Local No 7 Welfare Fund legitimate?
Plumbers And Steamfitters Local No 7 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers And Steamfitters Local No 7 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: $151,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,550
For more financial information, click here
What is the mission statement of Plumbers And Steamfitters Local No 7 Welfare Fund?
The Plumbers and Steamfitters Local No 7 Welfare Fund is dedicated to supporting its union members by providing essential benefits. The primary objective of the Fund is to offer insurance and healthcare coverage for various expenses including hospital, X-ray, lab fees, surgical and medical costs, and other related expenses. By doing so, the Fund ensures that Local No 7 union members have access to crucial healthcare services when they need it most. The benefits provided by the Fund serve to alleviate financial burdens and offer peace of mind to its members, enabling them to focus on their health and well-being.
Who is the CEO of Plumbers And Steamfitters Local No 7 Welfare Fund?
Edward Nadeau is the Trustee of Plumbers And Steamfitters Local No 7 Welfare Fund.
What is the revenue of Plumbers And Steamfitters Local No 7 Welfare Fund?
Plumbers And Steamfitters Local No 7 Welfare Fund's revenue in 2022 was $17,993,186.
Who are the executives of Plumbers And Steamfitters Local No 7 Welfare Fund and what are their salaries?
The average compensation at Plumbers And Steamfitters Local No 7 Welfare Fund during 2022 was $55,092. There are 4 employees at Plumbers And Steamfitters Local No 7 Welfare Fund.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $3,620
- Other: $51,439
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $113,244
- Other: $53,760
- Compensation: $0
- Related: $5,038
- Other: $47,870
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $108,198
- Related: $0
- Other: $53,780
Where can I find the form 990 for Plumbers And Steamfitters Local No 7 Welfare Fund?
Plumbers And Steamfitters Local No 7 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Plumbers And Steamfitters Local No 7 Welfare Fund
Plumbers and Steamfitters Local No 7 Welfare Fund is a nonprofit organization dedicated to extending benefits to its union members. This fund's primary mission is to ensure the wellbeing of Local No 7 members by providing them with essential insurance and healthcare coverage. The fund's commitment encompasses hospital, X-ray, and lab fees, surgical and medical expenses, and various other associated costs. This comprehensive coverage empowers union members to focus on their professional endeavors without the added burden of financial stress in times of health-related issues. The fund's diligent efforts to cater to the healthcare needs of its members ultimately contribute to the overall strength and cohesion of the labor community.
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Impact
October, 2024
Plumbers and Steamfitters Local No. 7 Welfare Fund significantly impacts the lives of union members by providing essential insurance and healthcare coverage. This fund ensures access to necessary medical services, including hospital care, x-rays, lab fees, surgical procedures, and medical treatments. By alleviating the financial burdens associated with healthcare costs, the fund enhances the overall well-being and security of Local No. 7 union members. This support fosters a healthier workforce, allowing members to focus on their work without the stress of medical expenses. Overall, the Welfare Fund serves as a crucial resource for promoting the health and stability of the community it serves.
This information is meant to be a general summary of Plumbers And Steamfitters Local No 7 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: $3,198,335
- Program Service Revenue: $14,203,157
- Gross Receipts: $127,101,961
Assets and Liabilities:
- Total Assets: $86,326,507
- Total Liabilities: $214,640
- Net Assets: $86,111,867
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$14,203,157
Organization Details
Founding Year
1958
Phone
(518) 785-3440Principal Officer
Edward Nadeau
Main Address
18 AVIS DRIVE, LATHAM, NY, 121102605
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Plumbers And Steamfitters Local No 7 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.