Overview
What is Sheet Metal Workers Local 112 Welfare Fund?
Sheet Metal Workers Local 112 Welfare Fund is a small, nonprofit organization situated in Elmira, New York. Its primary mission is to offer comprehensive health benefits to eligible participants working under the jurisdiction of Sheet Metal Local 112 Union. This includes medical, hospital, surgical, major medical, and vision coverage. The fund serves as a vital resource for these workers, ensuring they have access to essential healthcare services within their union's jurisdiction.
Is Sheet Metal Workers Local 112 Welfare Fund legitimate?
Sheet Metal Workers Local 112 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sheet Metal Workers Local 112 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: $75,575
For more financial information, click here
What is the mission statement of Sheet Metal Workers Local 112 Welfare Fund?
The Sheet Metal Workers Local 112 Welfare Fund's mission is centered around providing comprehensive health benefits to eligible participants. Specifically, they offer medical, hospital, surgical, major medical, and vision coverage within their jurisdiction. The primary goal is to ensure the wellbeing of those working in the sheet metal industry under Local 112 Union. The fund serves as a vital resource, providing essential healthcare support to its members.
Who is the CEO of Sheet Metal Workers Local 112 Welfare Fund?
Donald J Kraft Sr is the Trustee of Sheet Metal Workers Local 112 Welfare Fund.
What is the revenue of Sheet Metal Workers Local 112 Welfare Fund?
Sheet Metal Workers Local 112 Welfare Fund's revenue in 2022 was $3,815,019.
Who are the executives of Sheet Metal Workers Local 112 Welfare Fund and what are their salaries?
The average compensation at Sheet Metal Workers Local 112 Welfare Fund during 2022 was $75,575. There is 1 employee at Sheet Metal Workers Local 112 Welfare Fund.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $134,616
- Other: $83,463
- Compensation: $0
- Related: $128,151
- Other: $83,463
- Compensation: $0
- Related: $400
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sheet Metal Workers Local 112 Welfare Fund?
Sheet Metal Workers Local 112 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Workers Local 112 Welfare Fund
The Sheet Metal Workers Local 112 Welfare Fund is committed to providing essential health benefits to eligible participants working within its jurisdiction. This nonprofit organization offers a comprehensive range of medical, hospital, surgical, major medical, and vision coverage to its members. By doing so, it aims to ensure that these individuals have access to the necessary medical care they need, promoting overall health and well-being. The Sheet Metal Workers Local 112 Welfare Fund serves as a vital resource for its eligible participants, providing them with the peace of mind that comes with knowing they have reliable health coverage.
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Impact
October, 2024
The Sheet Metal Workers Local 112 Welfare Fund significantly impacts the well-being of workers in the union by providing essential health benefits. These benefits encompass medical, hospital, surgical, major medical, and vision care services. By ensuring that all eligible participants receive comprehensive health coverage, the Fund enhances their quality of life and safeguards their financial stability in times of medical need.
Workers under the jurisdiction of Sheet Metal Local 112 can access vital healthcare services without the burden of exorbitant out-of-pocket expenses. This support not only fosters a healthier workforce but also contributes to increased job satisfaction and productivity within the industry. Overall, the Fund plays a critical role in promoting the physical and financial wellness of its members, reinforcing the importance of health benefits in achieving mutual benefit for workers and their families.
This information is meant to be a general summary of Sheet Metal Workers Local 112 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: -$71,911
- Program Service Revenue: $3,885,725
- Gross Receipts: $7,522,344
Assets and Liabilities:
- Total Assets: $10,684,176
- Total Liabilities: $15,721
- Net Assets: $10,668,455
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$88,318
EMPLOYER CONTRIBUTIONS
Revenue
$3,742,235
PARTICIPANT CONTRIBUTIONS
Revenue
$55,172
Organization Details
Phone
(607) 733-3732Principal Officer
Donald J Kraft Sr
Main Address
PO BOX 1146, ELMIRA, NY, 14902
NTEE Category
Code: Y40 - Mutual benefit
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