Operative Plasterers &Cement Masons 29 Benefit Fd

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

EIN: 221507478 ✦ Jersey city, NJ ✦ Designated as a 501(c)(5)

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Overview

What is Operative Plasterers &Cement Masons 29 Benefit Fd?

Operative Plasterers & Cement Masons 29 Benefit Fund is a nonprofit organization that offers a Welfare Benefit Plan. Their primary mission is to provide essential health, prescription, dental, and vision benefits to eligible participants and their dependents, as outlined in collective bargaining agreements with participating employers. Through these agreements, the fund aims to ensure that eligible individuals have access to necessary medical services, thereby enhancing their overall well-being. The organization's focus remains on fulfilling its welfare benefit plan objectives, thereby supporting the associated community.

Is Operative Plasterers &Cement Masons 29 Benefit Fd legitimate?

Operative Plasterers &Cement Masons 29 Benefit Fd is a legitimate nonprofit organization registered as a 501(c)(5) entity. Operative Plasterers &Cement Masons 29 Benefit Fd 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: $97,180
Professional Fundraising Fees: $0
Other Salaries and Wages: $205

For more financial information, click here

What is the mission statement of Operative Plasterers &Cement Masons 29 Benefit Fd?

The Operative Plasterers' and Cement Masons' 29 Benefit Fund, as part of its mission, offers a Welfare Benefit Plan. This plan is designed to provide eligible participants and their dependents with essential healthcare benefits, including medical, prescription, dental, and vision services. These benefits are established in compliance with collective bargaining agreements with participating employers. The fund's primary objective is to ensure the well-being of its members by offering these comprehensive healthcare benefits.

Who is the CEO of Operative Plasterers &Cement Masons 29 Benefit Fd?

Marc L Gallo is the Administrator of Operative Plasterers &Cement Masons 29 Benefit Fd.

What is the revenue of Operative Plasterers &Cement Masons 29 Benefit Fd?

Operative Plasterers &Cement Masons 29 Benefit Fd's revenue in 2022 was $1,575,747.

Who are the executives of Operative Plasterers &Cement Masons 29 Benefit Fd and what are their salaries?

The average compensation at Operative Plasterers &Cement Masons 29 Benefit Fd during 2022 was $32,462. There are 3 employees at Operative Plasterers &Cement Masons 29 Benefit Fd.


Here are 7 key members and their salaries:


Marc L Gallo (Administrator)
  • Compensation: $34,705
  • Related: $125,740
  • Other: $80,298
Charles Rolon Jr (Trustee)
  • Compensation: $28,921
  • Related: $117,063
  • Other: $72,507
Vincent Frantantoni (Trustee)
  • Compensation: $0
  • Related: $23,836
  • Other: $9,561
Timothy Mullin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Natale (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Gargiulo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Greger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Operative Plasterers &Cement Masons 29 Benefit Fd?

Operative Plasterers &Cement Masons 29 Benefit Fd's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Operative Plasterers &Cement Masons 29 Benefit Fd

Operative Plasterers & Cement Masons 29 Benefit Fund, in its mission, establishes a Welfare Benefit Plan. This plan is designed to extend health, prescription, dental, and vision benefits to qualifying participants and their dependents. The fund operates based on collective bargaining agreements with associated employers, ensuring that eligible individuals receive the necessary medical assistance as per these agreements.

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Impact




October, 2024

Operative Plasterers &Cement Masons 29 Benefit Fund significantly impacts the well-being of its eligible participants and their families by providing essential welfare benefits. This includes comprehensive health coverage, prescription drug assistance, and dental and vision benefits, all of which are crucial for maintaining health and quality of life. By adhering to collective bargaining agreements, the fund ensures that workers receive the support they need, ultimately enhancing job security and financial stability for participants. This safety net not only promotes healthier lifestyles but also fosters a more secure environment for working families in Jersey City, NJ, and beyond, supporting both their personal and professional lives.




This information is meant to be a general summary of Operative Plasterers &Cement Masons 29 Benefit Fd. 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
$1,575,747 (2022)
Expenses
$1,792,541 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,802
  • Program Service Revenue: $1,533,227
  • Gross Receipts: $3,064,519

Assets and Liabilities:

  • Total Assets: $3,264,789
  • Total Liabilities: $185,777
  • Net Assets: $3,079,012

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,533,227

Organization Details

Founding Year

1952

Principal Officer

Marc L Gallo

Main Address

130 CENTRAL AVE, Jersey City, NJ, 07306

NTEE Category

Code: J40 - Employment

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