Rochester Laborers Welfare Fund

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

EIN: 160821557 ✦ Rochester, NY ✦ Designated as a 501(c)(9)

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Overview

What is Rochester Laborers Welfare Fund?

The Rochester Laborers Welfare Fund is a nonprofit organization located at 18 FOURTH STREET, ROCHESTER, NY, 14609. Their primary mission is to provide welfare and supplemental unemployment benefits to union members. Their offerings include various insurance coverage such as life insurance, accidental death and dismemberment insurance, hospital, surgical, medical, dental, optical, prescription, and supplemental unemployment benefits. Additionally, they offer weekly accident and sickness benefits. With a workforce of 5 individuals, the Rochester Laborers Welfare Fund aims to support and assist union members in need.

Is Rochester Laborers Welfare Fund legitimate?

Rochester Laborers Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Rochester Laborers 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: $264,852

For more financial information, click here

What is the mission statement of Rochester Laborers Welfare Fund?

The Rochester Laborers Welfare Fund's mission is centered around providing welfare and supplemental unemployment benefits for union members. In essence, they aim to safeguard the financial well-being of their union members during times of unemployment or unforeseen circumstances. This is achieved through various insurance coverages such as life insurance, accidental death and dismemberment insurance, hospital, surgical, medical, dental, optical, and prescription coverage. Additionally, they offer supplemental unemployment benefits and weekly accident and sickness benefits to their members, ensuring a degree of financial stability during challenging periods.

Who is the CEO of Rochester Laborers Welfare Fund?

Melissa Del Prete is the Union Trustee of Rochester Laborers Welfare Fund.

What is the revenue of Rochester Laborers Welfare Fund?

Rochester Laborers Welfare Fund's revenue in 2022 was $9,740,115.

Who are the executives of Rochester Laborers Welfare Fund and what are their salaries?

The average compensation at Rochester Laborers Welfare Fund during 2022 was $52,970. There are 5 employees at Rochester Laborers Welfare Fund.


Here are 6 key members and their salaries:


Daniel Kuntz (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Serrett Jr (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austin Kuntz (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Stewart (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Dipasquale (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Hogan (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rochester Laborers Welfare Fund?

Rochester Laborers Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rochester Laborers Welfare Fund

The Rochester Laborers Welfare Fund is an organization dedicated to providing welfare and supplemental unemployment benefits to union members. Its primary mission is to ensure the financial well-being of its members during times of unemployment or medical emergencies. The fund offers a comprehensive range of benefits, including life insurance, accidental death and dismemberment insurance, hospital, surgical, medical, dental, optical, and prescription coverage. Furthermore, the fund provides supplemental unemployment benefits and weekly accident and sickness benefits to its members, offering a safety net during challenging periods. In essence, the Rochester Laborers Welfare Fund serves as a supportive network for union members, offering financial assistance and protection in times of need.

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Impact




October, 2024

The Rochester Laborers Welfare Fund plays a crucial role in supporting union members by providing essential welfare and supplemental unemployment benefits. It offers a comprehensive range of services including life insurance, accidental death and dismemberment insurance, and various health-related coverages such as hospital, surgical, medical, dental, optical, and prescription benefits. Additionally, the Fund provides supplemental unemployment benefits and weekly accident and sickness benefits, ensuring that members have financial support during challenging times. This multifaceted approach not only enhances the quality of life for union members and their families but also contributes to their overall well-being and financial security in Rochester, NY.




This information is meant to be a general summary of Rochester Laborers 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
$9,740,115 (2022)
Expenses
$9,923,263 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $866,528
  • Program Service Revenue: $8,431,932
  • Gross Receipts: $16,784,748

Assets and Liabilities:

  • Total Assets: $21,054,254
  • Total Liabilities: $452,204
  • Net Assets: $20,602,050

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$8,312,496

PARTICIPANT CONTRIBUTIONS

Revenue

$119,436

Organization Details

Founding Year

1960

Principal Officer

Melissa Del Prete

Main Address

18 FOURTH STREET, ROCHESTER, NY, 14609

NTEE Category

Code: Y40 - Mutual benefit

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