Iron Workers Local Union 401 Supplemental Welfare Fund

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

EIN: 223867031 ✦ Philadelphia, PA ✦ Designated as a 501(c)(9)

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Overview

What is Iron Workers Local Union 401 Supplemental Welfare Fund?

The Iron Workers Local Union 401 Supplemental Welfare Fund is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary mission is to offer financial protection to eligible participants and their dependents. This is accomplished through partial reimbursement of COBRA continuation costs and/or Medicare supplemental plan expenses. The fund's activities are geared towards providing financial assistance and support, contributing to the overall well-being of its participants.

Is Iron Workers Local Union 401 Supplemental Welfare Fund legitimate?

Iron Workers Local Union 401 Supplemental Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iron Workers Local Union 401 Supplemental 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: $0

For more financial information, click here

What is the mission statement of Iron Workers Local Union 401 Supplemental Welfare Fund?

The Iron Workers Local Union 401 Supplemental Welfare Fund is dedicated to providing financial protection for its participants and their dependents. This is achieved through covering a portion of the COBRA continuation costs and/or Medicare supplemental plan expenses for eligible individuals. The fund's mission is to offer financial support during times of need, ensuring a degree of financial stability for those it serves.

Who is the CEO of Iron Workers Local Union 401 Supplemental Welfare Fund?

Charles Roberts is the Principal Officer of Iron Workers Local Union 401 Supplemental Welfare Fund.

What is the revenue of Iron Workers Local Union 401 Supplemental Welfare Fund?

Iron Workers Local Union 401 Supplemental Welfare Fund's revenue in 2022 was $1,340,442.

Who are the executives of Iron Workers Local Union 401 Supplemental Welfare Fund and what are their salaries?


Here are 7 key members and their salaries:


Kevin Boyle (Union Trustee)
  • Compensation: $0
  • Related: $160,662
  • Other: $133,089
William Hunt (Union Trustee)
  • Compensation: $0
  • Related: $149,212
  • Other: $133,089
Timothy Whelan (Union Trustee)
  • Compensation: $0
  • Related: $148,912
  • Other: $133,089
Susan Dachowski (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamal Coles (Union Trustee)
  • Compensation: $0
  • Related: $127,958
  • Other: $113,852
Patricia Ciervo (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Lindstrom (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iron Workers Local Union 401 Supplemental Welfare Fund?

Iron Workers Local Union 401 Supplemental Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iron Workers Local Union 401 Supplemental Welfare Fund

The Iron Workers Local Union 401 Supplemental Welfare Fund is dedicated to providing financial assistance for its participants and their dependents. This nonprofit organization offers partial reimbursement of COBRA continuation costs and/or Medicare supplemental plan costs to eligible individuals. By offering this support, the Iron Workers Local Union 401 Supplemental Welfare Fund aims to alleviate some of the financial burdens associated with healthcare costs, ensuring that its members and their families have access to necessary medical services. This commitment to financial protection demonstrates the organization's dedication to the well-being and security of its constituents.

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Impact




October, 2024

Iron Workers Local Union 401 Supplemental Welfare Fund provides crucial financial protection for its participants and their dependents. By offering partial reimbursement for COBRA continuation costs and Medicare supplemental plan costs, the fund alleviates the financial burden associated with healthcare coverage. This support ensures that members can maintain access to necessary medical services during times of need, promoting overall well-being and security. The fund fosters a sense of mutual benefit, strengthening connections among union members while enhancing their ability to navigate healthcare challenges in Philadelphia, PA.




This information is meant to be a general summary of Iron Workers Local Union 401 Supplemental 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
$1,340,442 (2022)
Expenses
$1,159,108 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $23,436
  • Program Service Revenue: $1,317,006
  • Gross Receipts: $1,631,387

Assets and Liabilities:

  • Total Assets: $3,598,551
  • Total Liabilities: $5,250
  • Net Assets: $3,593,301

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Programs

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

Employer Contributions

Revenue

$1,280,601

Special Event Contributions

Revenue

$36,405

Organization Details

Founding Year

2002

Principal Officer

Charles Roberts

Main Address

11600 NORCOM ROAD, PHILADELPHIA, PA, 19154

NTEE Category

Code: Y43 - Mutual benefit

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