Laborers Local 785 Health & Welfare Trust

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

EIN: 166054286 ✦ Ithaca, NY ✦ Designated as a 501(c)(9)

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Overview

What is Laborers Local 785 Health & Welfare Trust?

Laborers Local 785 Health & Welfare Trust is a nonprofit organization established to provide essential healthcare benefits to eligible members of Laborers Local 785. Located in Ithaca, New York, this multi-employer defined benefit welfare plan offers a comprehensive suite of services, including health, life, dental, optical, chiropractic, and acupuncture coverage. The trust's mission is to ensure the overall well-being and health of its members by offering these benefits, contributing to their overall quality of life.

Is Laborers Local 785 Health & Welfare Trust legitimate?

Laborers Local 785 Health & Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Laborers Local 785 Health & Welfare Trust 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: $48,415

For more financial information, click here

What is the mission statement of Laborers Local 785 Health & Welfare Trust?

The Laborers Local 785 Health & Welfare Trust is committed to providing comprehensive health, life, dental, optical, chiropractic, and acupuncture benefits for eligible members of Laborers Local 785. Its mission is to ensure the well-being and healthcare coverage of these members, enhancing their overall quality of life. The Trust serves as a vital resource, offering a range of medical and related services, thereby supporting the health and wellness needs of its beneficiaries.

Who is the CEO of Laborers Local 785 Health & Welfare Trust?

Kasey Eiklor is the Trustee of Laborers Local 785 Health & Welfare Trust.

What is the revenue of Laborers Local 785 Health & Welfare Trust?

Laborers Local 785 Health & Welfare Trust's revenue in 2022 was $4,557,534.

Who are the executives of Laborers Local 785 Health & Welfare Trust and what are their salaries?


Here are 8 key members and their salaries:


David P Marsh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Healy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kasey Eiklor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley P Walters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank E Jones Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay F Niedzialkowski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Hollister (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Sheahan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laborers Local 785 Health & Welfare Trust?

Laborers Local 785 Health & Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Laborers Local 785 Health & Welfare Trust

The Laborers Local 785 Health & Welfare Trust is a multi-employer defined benefit welfare plan, committed to providing comprehensive health, life, dental, optical, chiropractic, and acupuncture benefits to eligible members of Laborers Local 785. The mission of this trust is to ensure the well-being of its members by offering a variety of medical and supplementary benefits, thereby providing them with essential healthcare services and support. This nonprofit organization strives to safeguard the health and wellness of its members, covering a wide range of medical needs, from routine check-ups to specialized treatments, ensuring that they can maintain their physical and mental well-being.

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Impact




October, 2024

Laborers Local 785 Health & Welfare Trust significantly enhances the well-being of eligible members by offering a comprehensive range of benefits. The multiemployer defined benefit welfare plan provides essential health coverage, including medical, life, dental, and optical care, along with services such as chiropractic and acupuncture. This holistic approach not only supports the physical health of members but also contributes to their overall quality of life.

By ensuring access to vital health resources, the Trust plays a crucial role in stabilizing members' financial situations during health-related challenges, allowing them to focus on their work and families without the burden of overwhelming medical expenses. The Trust's commitment to mutual benefit fosters a strong sense of community among laborers, reinforcing the importance of health and well-being in the workforce. Overall, the impact of Laborers Local 785 Health & Welfare Trust is profound, providing the essential support that members need for a healthier future.




This information is meant to be a general summary of Laborers Local 785 Health & Welfare Trust. 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
$4,557,534 (2022)
Expenses
$4,974,635 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $224,595
  • Program Service Revenue: $4,329,080
  • Gross Receipts: $12,445,310

Assets and Liabilities:

  • Total Assets: $10,275,350
  • Total Liabilities: $218,698
  • Net Assets: $10,056,652

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$4,239,534

PARTICIPANT CONTRIBUTIONS

Revenue

$89,546

Organization Details

Founding Year

1961

Principal Officer

Kasey Eiklor

Main Address

622 WEST STATE ST, ITHACA, NY, 14850

NTEE Category

Code: Y40 - Mutual benefit

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