Overview
What is Southern Tier Building Trades Welfare Plan?
The Southern Tier Building Trades Welfare Plan is a nonprofit organization situated in Jamestown, New York. Their primary mission is to offer health and welfare benefits to participating union members, serving a total of 248 participants. This nonprofit focuses on enhancing the well-being of its members by providing essential benefits. Although not specified, it can be inferred that they might offer medical coverage, retirement plans, or other forms of support. The organization employs a small team of three individuals.
Is Southern Tier Building Trades Welfare Plan legitimate?
Southern Tier Building Trades Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Southern Tier Building Trades Welfare Plan 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: $89,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,926
For more financial information, click here
What is the mission statement of Southern Tier Building Trades Welfare Plan?
The Southern Tier Building Trades Welfare Plan's mission is centered around providing health and welfare benefits to individuals affiliated with participating unions. Their primary goal is to ensure the well-being of these individuals, offering a range of benefits to enhance their quality of life. In 2022, these benefits were extended to 248 participants. The plan aims to support the health and overall wellness of its members, fostering a sense of security and care within the participating unions.
Who is the CEO of Southern Tier Building Trades Welfare Plan?
Bradley Walters is the Trustee of Southern Tier Building Trades Welfare Plan.
What is the revenue of Southern Tier Building Trades Welfare Plan?
Southern Tier Building Trades Welfare Plan's revenue in 2022 was $4,404,385.
Who are the executives of Southern Tier Building Trades Welfare Plan and what are their salaries?
The average compensation at Southern Tier Building Trades Welfare Plan during 2022 was $58,531. There are 3 employees at Southern Tier Building Trades Welfare Plan.
Here are 12 key members and their salaries:
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- Compensation: $70,152
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- Other: $19,034
Where can I find the form 990 for Southern Tier Building Trades Welfare Plan?
Southern Tier Building Trades Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southern Tier Building Trades Welfare Plan
The Southern Tier Building Trades Welfare Plan is dedicated to providing health and welfare benefits to its participating union members. This nonprofit organization's mission is to ensure the well-being of its participants, offering a range of benefits to support their overall health. In 2022, this mission was carried out, benefiting a total of 248 participants.
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Impact
October, 2024
The Southern Tier Building Trades Welfare Plan significantly improves the quality of life for its participants by offering essential health and welfare benefits to members of participating unions. By providing these benefits, the plan plays a crucial role in ensuring that 248 participants have access to necessary healthcare services, which can alleviate financial burdens associated with medical expenses and promote overall well-being.
Located in Jamestown, NY, the plan focuses on supporting individuals who contribute to the building trades, reinforcing a sense of security and community among its members. This initiative not only covers a range of health-related services but also fosters a mutual benefit environment, enhancing the collective strength of local unions. Overall, the Southern Tier Building Trades Welfare Plan strengthens the welfare of participants, creating a more stable workforce and contributing to the economic vitality of the region.
This information is meant to be a general summary of Southern Tier Building Trades Welfare Plan. 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: $630,099
- Program Service Revenue: $3,727,538
- Gross Receipts: $5,933,580
Assets and Liabilities:
- Total Assets: $19,727,919
- Total Liabilities: $197,951
- Net Assets: $19,529,968
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,914,513
PARTICIPANT CONTRIBUTIONS
Revenue
$617,830
MEDICAL SPENDING FORFEITURES & FE
Revenue
$195,195
Organization Details
Founding Year
1956
Phone
(716) 664-4391Principal Officer
Bradley Walters
Main Address
202 WEST FOURTH STREET, JAMESTOWN, NY, 147014982
NTEE Category
Code: Y40 - Mutual benefit
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