Ila Local 1478-2 Health&Welfare Fund

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

EIN: 222811469 ✦ Newark, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Ila Local 1478-2 Health&Welfare Fund?

Ila Local 1478-2 Health&Welfare Fund is a small-sized nonprofit organization situated in Newark, New Jersey. With a mission of providing comprehensive health and dental benefits, this fund caters to all members of ILA Local 1478-2. Established at 30 Hennessey Street, the organization aims to ensure the wellbeing of its members by offering essential healthcare services. The nonprofit's workforce consists of three dedicated individuals, providing support and resources for the betterment of the community it serves.

Is Ila Local 1478-2 Health&Welfare Fund legitimate?

Ila Local #1478-2 Health&Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ila Local #1478-2 Health&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: $285,873

For more financial information, click here

What is the mission statement of Ila Local 1478-2 Health&Welfare Fund?

The Ila Local 1478-2 Health&Welfare Fund is committed to providing health and dental benefits to its members. This organization serves as a vital resource, ensuring the well-being of all its members by offering essential healthcare coverage. By doing so, it contributes to enhancing the overall quality of life for its members, providing them with peace of mind regarding their health needs. The fund's primary goal is to safeguard the health and well-being of its members, offering death benefits as an additional form of support during challenging times.

Who is the CEO of Ila Local 1478-2 Health&Welfare Fund?

John Cuozzo is the Trustee of Ila Local #1478-2 Health&Welfare Fund.

What is the revenue of Ila Local 1478-2 Health&Welfare Fund?

Ila Local 1478-2 Health&Welfare Fund's revenue in 2022 was $5,577,513.

Who are the executives of Ila Local 1478-2 Health&Welfare Fund and what are their salaries?

The average compensation at Ila Local 1478-2 Health&Welfare Fund during 2022 was $95,291. There are 3 employees and 2 volunteers at Ila Local 1478-2 Health&Welfare Fund.


Here are 4 key members and their salaries:


Gary Lobue (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cuozzo (Trustee)
  • Compensation: $0
  • Related: $256,983
  • Other: $12,308
Daniel Horgan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Orbito Diaz (Trustee)
  • Compensation: $0
  • Related: $159,593
  • Other: $11,889
Where can I find the form 990 for Ila Local 1478-2 Health&Welfare Fund?

Ila Local 1478-2 Health&Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ila Local 1478-2 Health&Welfare Fund

Ila Local 1478-2 Health&Welfare Fund is an organization dedicated to providing essential health and dental benefits to its members. This nonprofit entity is committed to ensuring the well-being of all individuals who are part of ILA Local 1478-2. Through its mission, the fund aims to provide comprehensive healthcare coverage, offering peace of mind and security to its members. By offering these benefits, Ila Local 1478-2 Health&Welfare Fund demonstrates its commitment to the overall health and well-being of its members, recognizing that health is a fundamental aspect of one's quality of life.

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Impact




October, 2024

Ila Local 1478-2 Health & Welfare Fund significantly enhances the well-being of its members by providing essential health and dental benefits. Located in Newark, NJ, this organization ensures that every member of the ILA Local 1478-2 has access to crucial health services, thereby promoting their overall health and quality of life.

By offering health and death benefits, the Fund plays a vital role in alleviating financial burdens that can arise from medical expenses. This support is particularly valuable in times of illness or health crises, providing members with peace of mind and security for themselves and their families. The Fund's commitment to mutual benefit fosters a sense of community among members, reinforcing the importance of collective welfare and support. Overall, the impact of the Ila Local 1478-2 Health & Welfare Fund is profound, contributing to healthier lives and stronger connections within the union.




This information is meant to be a general summary of Ila Local 1478-2 Health&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.

Revenue
$5,577,513 (2022)
Expenses
$5,642,746 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $51,727
  • Program Service Revenue: $5,525,786
  • Gross Receipts: $5,577,513

Assets and Liabilities:

  • Total Assets: $4,532,741
  • Total Liabilities: $374,241
  • Net Assets: $4,158,500

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Programs

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

EMPLOYER MEMBER CONTRI

Revenue

$5,510,310

COBRA PREMIUMS

Revenue

$15,476

Organization Details

Founding Year

1986

Principal Officer

John Cuozzo

Main Address

30 HENNESSEY STREET, NEWARK, NJ, 07105

NTEE Category

Code: Y20 - Mutual benefit

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