Pipe Trades Services Mn Retiree Health Fund

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

EIN: 161657260 ✦ White bear lake, MN ✦ Designated as a 501(c)(9)

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Overview

What is Pipe Trades Services Mn Retiree Health Fund?

The Pipe Trades Services MN Retiree Health Fund is a nonprofit organization dedicated to providing welfare benefits for retired members of the piping industry. Based in White Bear Lake, Minnesota, this organization offers credits towards the cost of retiree health coverage, ensuring financial assistance for those who have spent their careers in this industry. By providing this essential service, the Fund aims to alleviate the financial burden of healthcare expenses for its retired members, ensuring they can enjoy their retirement years with peace of mind.


Official website here: www.ptsmn.org/

What are the reviews and ratings of this charity?

The Pipe Trades Services MN Retiree Health Fund is currently not rated by Charity Navigator. This absence of rating is due to the organization's classification as a non-501(c)(3) entity, which restricts the evaluation of its impact, leadership, and community engagement factors. Charity Navigator requires data from specific beacons like Accountability & Finance and Impact & Measurement to compute comprehensive ratings.

Despite not having a current evaluation, it is noted that the organization functions as an independent entity and not as a 501(c)(3), which represents a crucial distinction for potential donors, as it affects tax-deductibility of contributions. Historically, any data that may have been available was likely to focus on financial accountability, though no current financial figures, such as revenue, expenses, or key salaries, are disclosed.

There are no user reviews available from GreatNonprofits, so additional insights from the public or individuals associated with the organization are not reflected here.


This AI summary has been generated from information found on Charity Navigator.

Is Pipe Trades Services Mn Retiree Health Fund legitimate?

Pipe Trades Services Mn Retiree Health Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pipe Trades Services Mn Retiree Health 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


Official website here: www.ptsmn.org/

What is the mission statement of Pipe Trades Services Mn Retiree Health Fund?

The Pipe Trades Services Mn Retiree Health Fund is dedicated to extending welfare benefits to retired members of the piping industry. They offer a credit towards the cost of retiree health coverage as part of their mission. This financial assistance aims to ensure these individuals have access to essential healthcare services in their post-career years. The organization's commitment is centered around supporting the health and wellbeing of retired piping industry professionals.


Official website here: www.ptsmn.org/

Who is the CEO of Pipe Trades Services Mn Retiree Health Fund?

Sam Arnold is the Chair of Pipe Trades Services Mn Retiree Health Fund.


Official website here: www.ptsmn.org/

What is the revenue of Pipe Trades Services Mn Retiree Health Fund?

Pipe Trades Services Mn Retiree Health Fund's revenue in 2022 was $20,175,742.


Official website here: www.ptsmn.org/

Who are the executives of Pipe Trades Services Mn Retiree Health Fund and what are their salaries?

There 10 volunteers at Pipe Trades Services Mn Retiree Health Fund.


Here are 10 key members and their salaries:


Mike Tieva (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Arnold (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Huberty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Lane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Marquis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Olson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Pettit (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Seath (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Thaden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ptsmn.org/

Where can I find the form 990 for Pipe Trades Services Mn Retiree Health Fund?

Pipe Trades Services Mn Retiree Health Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ptsmn.org/

Learn more at the official website: www.ptsmn.org/

Mission Statement of Pipe Trades Services Mn Retiree Health Fund

Pipe Trades Services Mn Retiree Health Fund, a notable organization, is dedicated to extending welfare benefits to retired members of the piping industry. In simpler terms, it offers a credit towards the cost of retiree health coverage for those who have spent their careers in this sector.

Established with a clear mission, the Fund focuses on enhancing the lives of deserving retirees by covering a significant portion of their healthcare expenses. By doing so, it provides a crucial safety net, ensuring these individuals can access essential healthcare services without undue financial burden.

In essence, Pipe Trades Services Mn Retiree Health Fund plays a vital role in the piping industry community. Its commitment to offering welfare benefits empowers retired members to live their post-career years with peace of mind and dignity. The organization's unwavering dedication to serving its members underscores its importance within the industry, and its mission continues to make a positive impact on the lives of countless retirees.

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Impact




October, 2024

The Pipe Trades Services MN Retiree Health Fund plays a crucial role in enhancing the quality of life for retired members of the piping industry by providing welfare benefits that assist with the costs of health coverage. Located in White Bear Lake, MN, the fund offers financial support in the form of credits specifically designated for retirees, helping them manage healthcare expenses during their post-employment years.

This initiative not only alleviates financial burdens on retirees but also promotes overall health and well-being, contributing to a more secure retirement experience. By ensuring that former industry members have access to necessary medical care, the fund supports a healthier, more engaged community of retirees who can maintain their lifestyle and pursue their interests without the added stress of healthcare costs. Overall, the impact of the Pipe Trades Services MN Retiree Health Fund extends beyond financial assistance, fostering a sense of belonging and mutual benefit among its members.




This information is meant to be a general summary of Pipe Trades Services Mn Retiree Health 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
$20,175,742 (2022)
Expenses
$11,767,674 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,098,937
  • Program Service Revenue: $11,076,805
  • Gross Receipts: $52,067,556

Assets and Liabilities:

  • Total Assets: $248,726,198
  • Total Liabilities: $103,267
  • Net Assets: $248,622,931

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$11,076,805

Organization Details

Founding Year

2003

Principal Officer

Sam Arnold

Main Address

4461 WHITE BEAR PKWY STE 1, WHITE BEAR LAKE, MN, 551107626

NTEE Category

Code: Y43 - Mutual benefit

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