Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund

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

EIN: 222586287 ✦ Carlstadt, NJ ✦ Designated as a 501(c)(9)

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 not tax deductible.

Here 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?
Who is the CEO 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?
Who are the executives of Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund and what are their salaries?
Where can I find the form 990 for Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund?

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.

Impact

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.




Thursday, August 15, 2024

The Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund has a significant impact on its members and their eligible dependents by providing essential benefits such as hospital coverage, surgical services, major medical assistance, dental care, prescription drug coverage, vision care, and life insurance. This support helps ensure the well-being and security of the workers and their families. Additionally, the Fund's focus on mutual benefit demonstrates its commitment to promoting the welfare and prosperity of its members, contributing positively to the overall livelihood and stability of the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

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
  • 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

    Principal Officer

    Joseph Demark Jr

    Main Address

    440 BARELL AVENUE, CARLSTADT, NJ, 07072

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Sheet Metal Workers Local Union No 25 New Jersey Welfare Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.