Union Mutual Medical Fund

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

EIN: 222241328 ✦ New york, NY ✦ Designated as a 501(c)(9)

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Overview

What is Union Mutual Medical Fund?

Union Mutual Medical Fund is a nonprofit organization, specifically a medical fund, located at 111 John Street 1700, New York, NY 10038. Its primary mission involves paying for various medical-related expenses, such as medical, hospital, surgical, dental, and optical claims, for members of the Union Mutual Benefit Association. The fund has provided benefits for 265 participants, demonstrating its commitment to supporting its members' healthcare needs.

Is Union Mutual Medical Fund legitimate?

Union Mutual Medical Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Union Mutual Medical 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Union Mutual Medical Fund?

The Union Mutual Medical Fund's primary role is to settle medical, hospital, surgical, dental, and optical claims for members of the Union Mutual Benefit Association. Their mission, in essence, is to ensure these members receive the necessary healthcare benefits. During the specified period, benefits were provided for 265 participants. The fund's purpose is strictly focused on fulfilling its responsibilities towards its members' healthcare needs.

Who is the CEO of Union Mutual Medical Fund?

Sylvia Parr is the Trustee of Union Mutual Medical Fund.

What is the revenue of Union Mutual Medical Fund?

Union Mutual Medical Fund's revenue in 2022 was $2,649.

Who are the executives of Union Mutual Medical Fund and what are their salaries?


Here are 6 key members and their salaries:


Herbert Pobiner (Trustee)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Paul Berkman (Trustee)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Sylvia Parr (Trustee)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Deborah Pearlman (Trustee)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Louis Flacks (Trustee)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Leon Silverman (Trustee)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Union Mutual Medical Fund?

Union Mutual Medical Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Union Mutual Medical Fund

Union Mutual Medical Fund, as a nonprofit entity, is dedicated to addressing the healthcare needs of its members belonging to the Union Mutual Benefit Association. The organization's primary mission involves processing and settling medical, hospital, surgical, dental, and optical claims on behalf of these members. In the course of its operations, Union Mutual Medical Fund managed to provide benefits to a total of 265 participants. The nonprofit's role is crucial in assisting its members in managing their healthcare expenses, ensuring they receive the necessary medical services they require.

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Impact




October, 2024

Union Mutual Medical Fund plays a critical role in supporting healthcare access for its members by covering a range of medical expenses. By facilitating payments for medical, hospital, surgical, dental, and optical claims, the Fund ensures that participants of the Union Mutual Benefit Association can obtain necessary healthcare services without the burden of overwhelming costs.

In its recent efforts, benefits were provided for 265 participants, highlighting its direct impact on individuals' health and well-being. This support enables members to seek the medical care they need, fostering a healthier community overall. By alleviating financial stress related to healthcare expenses, the Union Mutual Medical Fund contributes significantly to the stability and quality of life of its participants in New York.




This information is meant to be a general summary of Union Mutual Medical 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
$2,649 (2022)
Expenses
$492,474 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,649
  • Gross Receipts: $1,693,547

Assets and Liabilities:

  • Total Assets: $1,299,384
  • Total Liabilities: $0
  • Net Assets: $1,299,384

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Organization Details

Founding Year

1979

Principal Officer

Sylvia Parr

Main Address

111 John Street 1700, New York, NY, 10038

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