New Jersey Bac Health Fund

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

EIN: 222945933 ✦ Fairfield, NJ ✦ Designated as a 501(c)(9)

Overview

What is New Jersey Bac Health Fund?

The New Jersey Bac Health Fund is a nonprofit organization that offers medical, dental, and prescription benefits to employees under a collective bargaining agreement with contributing employers. Based in Fairfield, New Jersey, the Fund caters to a team of six individuals. Through a third-party administrator, it provides comprehensive coverage for participants, encompassing medical, surgical, hospitalization, and vision care. This ensures that the workforce has access to essential healthcare services, ensuring overall well-being and productivity.


Is New Jersey Bac Health Fund legitimate?

New Jersey Bac Health Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. New Jersey Bac 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $430,020

For more financial information, click here


What is the mission statement of New Jersey Bac Health Fund?
Who is the CEO of New Jersey Bac Health Fund?
What is the revenue of New Jersey Bac Health Fund?
Who are the executives of New Jersey Bac Health Fund and what are their salaries?
Where can I find the form 990 for New Jersey Bac Health Fund?

Mission Statement of New Jersey Bac Health Fund

New Jersey Bac Health Fund, a nonprofit organization, is committed to extending essential medical, dental, and prescription benefits to individuals employed under collective bargaining agreements with contributing employers. The Fund ensures these benefits are conveniently accessible to participants through a reliable third-party administrator.

The primary objective of New Jersey Bac Health Fund is to secure comprehensive medical, surgical, hospitalization, vision, and dental coverage for eligible employees. By allying with a trusted third-party administrator, the organization addresses the healthcare needs of participants with efficiency and precision. The ultimate goal is to grant peace of mind and financial security for those covered by the collective bargaining agreement.

In providing medical, dental, and prescription benefits, the New Jersey Bac Health Fund assumes a significant role in safeguarding the wellbeing of its participants. By collaborating with a reputable third-party administrator, the organization streamlines the process of accessing healthcare services, making it a dependable partner for employees and their families.

Impact

This information is meant to be a general summary of New Jersey Bac Health Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

New Jersey Bac Health Fund provides essential medical, dental, and prescription benefits to the participants employed under collective bargaining agreements with contributing employers. This enables individuals to access necessary healthcare services and medications through a third-party administrator. By ensuring that these individuals have access to medical, surgical, hospitalization, vision, and dental benefits, the fund plays a crucial role in supporting the health and well-being of its participants.





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: $989,798
  • Program Service Revenue: $14,316,745
  • Gross Receipts: $24,741,957

    • Assets and Liabilities:
  • Total Assets: $36,129,377
  • Total Liabilities: $938,932
  • Net Assets: $35,190,445
  • Programs

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

    Employee Contributions

    Revenue

    $1,711,953

    Employer Contributions

    Revenue

    $12,604,792

    Organization Details

    Founding Year

    1988

    Principal Officer

    John F Capo

    Main Address

    14 Plog Road Suite 3, Fairfield, NJ, 07004

    NTEE Category

    Code: Y40 - Mutual benefit

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