Overview
What is Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund?
The Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund is a nonprofit organization based in Carlstadt, New Jersey, with an address at 440 Barell Avenue, ZIP code 07072. This fund offers various benefits to its members and their eligible dependents, including hospital, surgical, major medical, dental, prescription drug, vision, and life insurance coverage. The organization currently employs a team of 13 individuals. The primary goal of the Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund is to ensure its members and their dependents have access to essential health benefits.
Is Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund legitimate?
Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sheet Metal Workers Local Union No 25 New Jersey 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: $157,421
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,347
For more financial information, click here
What is the mission statement of Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund?
The Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund offers various benefits to its members and their eligible dependents. This includes access to hospital, surgical, major medical, dental, prescription drug, vision, and life insurance coverage. The primary objective of the fund is to ensure the well-being and health security of its union members. By providing a comprehensive range of benefits, the fund aims to alleviate financial burdens related to healthcare and insurance, ultimately offering peace of mind and protection for its members.
Who is the CEO of Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund?
Joseph Demark Jr is the Trustee of Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund.
What is the revenue of Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund?
Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund's revenue in 2022 was $12,372,350.
Who are the executives of Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund and what are their salaries?
The average compensation at Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund during 2022 was $23,444. There are 13 employees at Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund.
Here are 9 key members and their salaries:
- Compensation: $157,421
- Related: $0
- Other: $80,958
- Compensation: $128,195
- Related: $0
- Other: $83,230
- Compensation: $19,152
- Related: $0
- Other: $32,823
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund?
Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund
Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund is a non-profit organization that offers a range of benefits to its members and their eligible dependents. The fund's primary goal is to provide essential health services, including hospital, surgical, major medical, dental, prescription drug, vision, and life insurance coverage.
In simple terms, Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund serves as a vital safety net for its members, ensuring they have access to necessary healthcare services when they need it most. By providing comprehensive benefits, the fund enhances the overall well-being and peace of mind of its members, allowing them to focus on their work and personal lives with confidence.
Additionally, the fund's scope of benefits extends beyond traditional healthcare services. It offers a variety of plans designed to cater to the diverse needs of its members and their families. These plans are meticulously crafted to ensure members have access to the care they require, ultimately fostering a sense of security and stability within the community.
In essence, Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund is a beacon of support for its members, providing them with essential benefits and crucial peace of mind. Through its thoughtfully curated offerings, the fund empowers its members to face life's challenges with greater ease and confidence, ultimately strengthening the fabric of the union community.
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Impact
October, 2024
Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund plays a significant role in supporting its members and their eligible dependents by offering a comprehensive range of benefits. These include crucial healthcare services such as hospital, surgical, and major medical coverage, ensuring that members have access to essential medical care when needed. The fund also addresses dental and vision needs, promoting overall health and well-being among its members.
In addition to medical benefits, the Welfare Fund provides prescription drug coverage, helping to reduce the financial burden of necessary medications. The inclusion of life insurance further enhances the security of members' families, offering peace of mind in times of need. By providing these essential services, the Welfare Fund not only supports the immediate health needs of its members but also contributes to their long-term financial stability and security.
Overall, the Fund is instrumental in fostering a supportive community, ensuring that members can focus on their work and livelihoods without the constant worry of healthcare-related financial strain.
This information is meant to be a general summary of Sheet Metal Workers Local Union No 25 New Jersey 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: $402,437
- Program Service Revenue: $11,952,890
- Gross Receipts: $12,372,350
Assets and Liabilities:
- Total Assets: $25,094,876
- Total Liabilities: $2,126,909
- Net Assets: $22,967,967
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COBRA
Revenue
$110,162
EMPLOYER CONTRIBUTIONS
Revenue
$10,867,119
RETIREES
Revenue
$651,845
SASMI
Revenue
$323,764
Organization Details
Founding Year
1985
Phone
(201) 507-0330Principal Officer
Joseph Demark Jr
Main Address
440 BARELL AVENUE, CARLSTADT, NJ, 07072
NTEE Category
Code: Y40 - Mutual benefit
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