Overview
What is Asbestos Workers Syracuse Welfare Fund?
The Asbestos Workers Syracuse Welfare Fund is a nonprofit organization situated in Liverpool, New York, specifically at 7705 Maltlage Drive. Its primary mission is to offer various benefits, including life, sickness, accident, and other forms of support, to the employees of participating employers in the Central New York region who meet the fund's eligibility requirements. The benefits are subject to the Employee Retirement Income Security Act (ERISA) provisions. The fund's purpose is to provide financial assistance and support during challenging times, ensuring the well-being of its participants and their beneficiaries.
Is Asbestos Workers Syracuse Welfare Fund legitimate?
Asbestos Workers Syracuse Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Asbestos Workers Syracuse 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
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What is the mission statement of Asbestos Workers Syracuse Welfare Fund?
The Asbestos Workers Welfare Fund's primary mission is to offer various benefits, including life, sickness, and accident coverage, to its eligible participants or their beneficiaries. The fund ensures the provision of these benefits in accordance with the Employee Retirement Income Security Act (ERISA). The main objective of the fund is to support its participants during times of health challenges or unfortunate events, providing them with the necessary financial assistance. The fund's activities are aimed at fulfilling its mission of offering support and assistance to its participants and their beneficiaries in their times of need.
What is the revenue of Asbestos Workers Syracuse Welfare Fund?
Asbestos Workers Syracuse Welfare Fund's revenue in 2023 was $998,680.
Who are the executives of Asbestos Workers Syracuse Welfare Fund and what are their salaries?
Here are 5 key members and their salaries:
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- Related: $33,566
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Where can I find the form 990 for Asbestos Workers Syracuse Welfare Fund?
Asbestos Workers Syracuse Welfare Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Asbestos Workers Syracuse Welfare Fund
The Asbestos Workers Syracuse Welfare Fund, in essence, is committed to providing a array of benefits to its eligible participants and their beneficiaries. This nonprofit organization's mission is to extend life, sickness, accident, and other types of benefits to those who fall under its eligibility criteria, adhering to the regulations set by ERISA. The primary objective of the Asbestos Workers Syracuse Welfare Fund is to support its participants and their beneficiaries during challenging times, ensuring they receive the assistance they need.
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Impact
October, 2024
Asbestos Workers Syracuse Welfare Fund plays a crucial role in supporting the health and financial stability of employees in the Central New York area. By offering health, disability, and death benefits, the Fund directly impacts the lives of workers and their families, providing essential support during times of need.
Participants, or their beneficiaries, gain access to life, sickness, and accident benefits, which can be vital for maintaining well-being and security amid unexpected challenges. The Fund adheres to the provisions of ERISA, ensuring that benefits are managed and distributed with transparency and accountability.
Overall, the Fund’s efforts significantly enhance the quality of life for its members, reinforcing a safety net that fosters peace of mind and stability for those who have dedicated their careers to the asbestos industry and related fields.
This information is meant to be a general summary of Asbestos Workers Syracuse 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 2023.
- Investment Income: $53,676
- Program Service Revenue: $936,480
- Gross Receipts: $2,240,960
Assets and Liabilities:
- Total Assets: $2,363,011
- Total Liabilities: $432
- Net Assets: $2,362,579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$936,480
Organization Details
Founding Year
1952
Principal Officer
Thomas Clark
NTEE Category
Code: Y40 - Mutual benefit
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