Overview
What is Labor-Management Healthcare Fund?
The Labor-Management Healthcare Fund is a nonprofit organization based in Cheektowaga, New York, at 90 Anderson Road. With a modest team of 12 employees, their primary mission is to provide health benefits for the labor force and their eligible dependents of the Labor-Management Healthcare Coalition, Inc. and its associated employers. This fund aims to ensure access to essential healthcare services for those under its purview.
Official website here: www.lmhf.net
Is Labor-Management Healthcare Fund legitimate?
Labor-Management Healthcare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Labor-Management Healthcare 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: $159,135
Professional Fundraising Fees: $0
Other Salaries and Wages: $498,985
For more financial information, click here
Official website here: www.lmhf.net
What is the mission statement of Labor-Management Healthcare Fund?
The Labor-Management Healthcare Fund is dedicated to extending health benefits to the employees and their eligible dependents of the Labor-Management Healthcare Coalition, Inc. and its affiliated employers. Their primary mission is to ensure these individuals have access to essential healthcare services. Through this commitment, the Fund aims to positively impact the wellbeing and livelihoods of those it serves. By providing healthcare coverage, it enables employees to focus on their work and their families, with peace of mind knowing that their medical needs are addressed.
Official website here: www.lmhf.net
Who is the CEO of Labor-Management Healthcare Fund?
John Greenan is the Chairperson of Labor-Management Healthcare Fund.
Official website here: www.lmhf.net
What is the revenue of Labor-Management Healthcare Fund?
Labor-Management Healthcare Fund's revenue in 2022 was $248,454,103.
Official website here: www.lmhf.net
Who are the executives of Labor-Management Healthcare Fund and what are their salaries?
The average compensation at Labor-Management Healthcare Fund during 2022 was $54,843. There are 12 employees at Labor-Management Healthcare Fund.
Here are 8 key members and their salaries:
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- Compensation: $159,135
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- Other: $16,957
Official website here: www.lmhf.net
Where can I find the form 990 for Labor-Management Healthcare Fund?
Labor-Management Healthcare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lmhf.net
Learn more at the official website: www.lmhf.net
Mission Statement of Labor-Management Healthcare Fund
The Labor-Management Healthcare Fund, a notable organization, is dedicated to extending health benefits to employees and their eligible dependents. With a clear-cut mission, this fund prioritizes the wellbeing of its members by offering them comprehensive healthcare solutions.
In the heart of this initiative lies the commitment to ensuring that employees under the Labor-Management Healthcare Coalition, Inc., and its member employers have access to essential healthcare services. By providing health care, the fund not only improves the overall health and productivity of the workforce but also strengthens the bond between labor and management.
The Labor-Management Healthcare Fund is a vital resource for employees and their families, offering them a safety net during times of health challenges. This nonprofit organization prides itself on its unwavering dedication to delivering quality healthcare benefits to those it serves. By doing so, it empowers individuals to focus on their personal and professional growth, secure in the knowledge that their healthcare needs are being met.
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Impact
October, 2024
The Labor-Management Healthcare Fund plays a crucial role in delivering health benefits to employees and their eligible dependents. This initiative focuses on ensuring that members of the Labor-Management Healthcare Coalition, Inc. and their associated employers have access to essential healthcare services. By providing comprehensive health care coverage, the Fund enhances the well-being of employees and their families, reduces financial burdens associated with medical expenses, and fosters a healthier workforce. The emphasis on mutual benefit strengthens labor-management relations and creates a stable environment for both workers and employers in Cheektowaga, NY. Ultimately, the Fund's impact extends beyond individual health; it contributes to improved productivity and job satisfaction, benefiting the broader community and economy.
This information is meant to be a general summary of Labor-Management Healthcare 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: $9,580
- Program Service Revenue: $248,444,523
- Gross Receipts: $248,454,103
Assets and Liabilities:
- Total Assets: $40,876,298
- Total Liabilities: $38,569,003
- Net Assets: $2,307,295
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH INSURANCE PREMIUMS
Revenue
$152,623,261
PRESCRIPTION CLAIMS REIMBURSEMENT
Revenue
$88,959,565
DENTAL CLAIMS REIMBURSEMENT
Revenue
$4,097,938
ADMINISTRATIVE FEE
Revenue
$2,235,769
WELLNESS PROGRAM SUBSIDY
Revenue
$527,990
Organization Details
Founding Year
2003
Phone
(716) 601-7980Principal Officer
John Greenan
Main Address
90 ANDERSON ROAD, CHEEKTOWAGA, NY, 14225
Website
www.lmhf.netNTEE Category
Code: Y43 - Mutual benefit
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