Overview
What is Local 68 Engineers Union Welfare Fund?
Local 68 Engineers Union Welfare Fund, situated in West Caldwell, New Jersey, functions as a nonprofit organization dedicated to offering essential benefits to eligible participants under the terms of a collective bargaining agreement. This welfare board provides a range of services, including healthcare, prescription coverage, dental, vision, life insurance, and supplemental unemployment and disability benefits.
Official website here: www.local68.org
What are the reviews and ratings of this charity?
The Local 68 Engineers Union Welfare Fund is currently not rated by Charity Navigator. This lack of rating is due to the organization's status, as Charity Navigator evaluations are limited to nonprofits registered under 501(c)(3) with the IRS. Consequently, this fund cannot be assessed through the typical Accountability & Finance methodology or any of the other evaluative beacons like Leadership & Adaptability or Impact & Measurement.
The absence of a rating should not be interpreted as a negative or positive comment on the organization's performance or effectiveness. It simply indicates that the organization has not been reviewed according to the available criteria primarily developed for different types of nonprofit organizations. The Local 68 Engineers Union Welfare Fund is classified under a different foundation status, affecting its eligibility for such evaluations.
No user reviews are available on GreatNonprofits for the Local 68 Engineers Union Welfare Fund. This limits public insight into individual experiences or the organization's impact from a beneficiary or member perspective. Consequently, potential members or interested parties might need to seek direct information from the organization to understand its offerings or effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Local 68 Engineers Union Welfare Fund legitimate?
Local 68 Engineers Union Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 68 Engineers Union 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: $240,262
For more financial information, click here
Official website here: www.local68.org
What is the mission statement of Local 68 Engineers Union Welfare Fund?
The Local 68 Engineers Union Welfare Fund serves as a benefits provider for eligible participants, as outlined in a collective bargaining agreement. Its primary mission is to offer health, prescription, dental, vision, life insurance, and supplemental unemployment and disability benefits. The Welfare Board of Trustees is dedicated to enhancing the well-being of the union members by ensuring access to essential benefits that promote their overall health and financial security.
Official website here: www.local68.org
Who is the CEO of Local 68 Engineers Union Welfare Fund?
Thomas P Giblin is the Administrative Manager of Local 68 Engineers Union Welfare Fund.
Official website here: www.local68.org
What is the revenue of Local 68 Engineers Union Welfare Fund?
Local 68 Engineers Union Welfare Fund's revenue in 2022 was $52,244,589.
Official website here: www.local68.org
Who are the executives of Local 68 Engineers Union Welfare Fund and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $252,172
- Other: $98,275
- Compensation: $0
- Related: $192,135
- Other: $97,687
- Compensation: $0
- Related: $123,480
- Other: $82,416
- Compensation: $0
- Related: $113,950
- Other: $71,335
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.local68.org
Where can I find the form 990 for Local 68 Engineers Union Welfare Fund?
Local 68 Engineers Union Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.local68.org
Learn more at the official website: www.local68.org
Mission Statement of Local 68 Engineers Union Welfare Fund
The Local 68 Engineers Union Welfare Fund, a welfare board of trustees based on a collective bargaining agreement, is dedicated to delivering essential benefits to eligible participants. With a mission to provide health, prescription, dental, vision, life insurance, and supplemental unemployment and disability benefits, this organization plays a vital role in safeguarding the wellbeing of its members. By offering these comprehensive benefits, the Union Welfare Fund ensures its participants have access to crucial services, enabling them to maintain their physical and financial health. Through the collective bargaining agreement, the Union Welfare Fund secures these benefits for those who are part of Local 68 Engineers Union.
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Impact
October, 2024
The Local 68 Engineers Union Welfare Fund significantly impacts the lives of its members and their families by providing essential health and welfare benefits. Based in West Caldwell, NJ, the Fund offers comprehensive health insurance coverage, including medical, prescription, dental, and vision care, ensuring that eligible plan participants have access to necessary healthcare services.
Additionally, the Welfare Fund supports members through life insurance, which provides financial security for their loved ones, and supplemental unemployment and disability benefits that offer critical support during challenging times. Through these offerings, the Fund plays a vital role in enhancing the quality of life for its participants, safeguarding their well-being, and promoting financial stability, all in alignment with the collective bargaining agreement that underpins its mission.
This information is meant to be a general summary of Local 68 Engineers Union 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: $6,730,970
- Program Service Revenue: $45,513,619
- Gross Receipts: $74,828,285
Assets and Liabilities:
- Total Assets: $75,917,948
- Total Liabilities: $502,564
- Net Assets: $75,415,384
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$44,560,874
COBRA PAYMENTS
Revenue
$812,451
EMPLOYER CONTRIB- EAP
Revenue
$140,294
Organization Details
Founding Year
1952
Principal Officer
Thomas P Giblin
Main Address
14 FAIRFIELD PLACE, WEST CALDWELL, NJ, 07006
Website
www.local68.orgNTEE Category
Code: Y40 - Mutual benefit
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