Local 108 Health Fund

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

EIN: 221616297 ✦ Maplewood, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Local 108 Health Fund?

The Local 108 Health Fund, located in Maplewood, New Jersey, is a nonprofit organization dedicated to providing essential healthcare benefits to its participating members. This includes medical, dental, hospital care, and prescription drug benefits. The organization's primary mission is to ensure the wellbeing of its members, offering a comprehensive range of healthcare services to support their overall health.

Is Local 108 Health Fund legitimate?

Local 108 Health Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 108 Health 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: $0

For more financial information, click here

What is the mission statement of Local 108 Health Fund?

The Local 108 Health Fund is committed to providing essential medical, dental, hospital care, and prescription drug benefits to its participating members. Its mission is geared towards ensuring the well-being of its members by offering comprehensive healthcare services. The fund aims to meet the healthcare needs of its members, thereby enhancing their overall quality of life. It serves as a shield, providing financial aid for medical expenses, dental procedures, hospital visits, and prescription drugs. By doing so, the Local 108 Health Fund contributes to the health and well-being of its members, providing them with peace of mind during their healthcare journeys.

Who is the CEO of Local 108 Health Fund?

Charles N Hall Jr is the President of Local 108 Health Fund.

What is the revenue of Local 108 Health Fund?

Local 108 Health Fund's revenue in 2022 was $2,871,878.

Who are the executives of Local 108 Health Fund and what are their salaries?


Here are 3 key members and their salaries:


Charles N Hall Jr (President)
  • Compensation: $0
  • Related: $195,902
  • Other: $0
Patricia Gonzalez (Vice President)
  • Compensation: $0
  • Related: $90,901
  • Other: $0
Charles N Hall Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local 108 Health Fund?

Local 108 Health Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local 108 Health Fund

Local 108 Health Fund is a dedicated organization that aims to extend essential medical, dental, hospital care, and prescription drug benefits to its participating members. The mission of this nonprofit is to ensure that its members have access to necessary healthcare services, thereby improving their overall well-being. By providing these benefits, Local 108 Health Fund seeks to support its members in maintaining good health and addressing any medical concerns they may have.

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Impact




October, 2024

Local 108 Health Fund plays a crucial role in enhancing the well-being of its participating members by providing essential medical, dental, hospital care, and prescription drug benefits. By ensuring access to comprehensive healthcare services, the fund significantly reduces the financial burden on members when seeking medical attention. Its focus on mutual benefit fosters a sense of community and support among members, empowering them to prioritize their health and well-being without the worry of exorbitant medical costs. Located in Maplewood, NJ, the fund’s mission directly impacts the quality of life for its members, promoting healthier outcomes and encouraging preventive care practices.




This information is meant to be a general summary of Local 108 Health 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.

Revenue
$2,871,878 (2022)
20122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Expenses
$3,325,030 (2022)
20122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Efficiency
201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $440,259
  • Program Service Revenue: $2,431,619
  • Gross Receipts: $12,914,548

Assets and Liabilities:

  • Total Assets: $11,712,343
  • Total Liabilities: $426,773
  • Net Assets: $11,285,570

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Programs

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

EMPLPOYER CONTRIBUTIONS

Revenue

$2,431,619

Organization Details

Founding Year

1944

Principal Officer

Charles N Hall Jr

Main Address

1576 SPRINGFIELD AVENUE, MAPLEWOOD, NJ, 07040

NTEE Category

Code: Y43 - Mutual benefit

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