Operating Engineers Local No 825 Welfare Fund

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

EIN: 226033381 ✦ Springfield, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Operating Engineers Local No 825 Welfare Fund?

The Operating Engineers Local No 825 Welfare Fund is a nonprofit organization dedicated to delivering welfare benefits to its eligible members. This fund, as stated in the provided information, offers health and welfare services through diverse programs. The primary mission of the Operating Engineers Local No 825 Welfare Fund is to cater to the welfare needs of its participants. The description does not disclose any further information regarding the location, size, or specific programs the fund offers. However, it is clear that the Fund is committed to enhancing the wellbeing of its members.

Is Operating Engineers Local No 825 Welfare Fund legitimate?

Operating Engineers Local No 825 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers Local No 825 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: $295,072
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,755,070

For more financial information, click here

What is the mission statement of Operating Engineers Local No 825 Welfare Fund?

The Operating Engineers Local No 825 Welfare Fund is dedicated to extending welfare benefits to eligible participants. Through diverse programs, this organization ensures the provision of health and wellbeing services to those enrolled in the plan. The mission of the Welfare Fund is to enhance the quality of life for its members by delivering essential benefits and support. The programs catered by the Welfare Fund aim to promote overall wellbeing and improve the living conditions of its participants. By offering a range of benefits, the Operating Engineers Local No 825 Welfare Fund aims to contribute positively to the lives of those it serves.

Who is the CEO of Operating Engineers Local No 825 Welfare Fund?

Christine Medich is the Employer Trustee - Co Chai of Operating Engineers Local No 825 Welfare Fund.

What is the revenue of Operating Engineers Local No 825 Welfare Fund?

Operating Engineers Local No 825 Welfare Fund's revenue in 2022 was $181,060,157.

Who are the executives of Operating Engineers Local No 825 Welfare Fund and what are their salaries?

The average compensation at Operating Engineers Local No 825 Welfare Fund during 2022 was $48,813. There are 42 employees at Operating Engineers Local No 825 Welfare Fund.


Here are 13 key members and their salaries:


Ross J Pepe (Employer Trustee - Co Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Murawski (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Corwin (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Kocsis Jr (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Lalevee (Union Trustee - Co Chair)
  • Compensation: $0
  • Related: $320,262
  • Other: $75,712
Joseph Grace Jr (Union Trustee)
  • Compensation: $0
  • Related: $199,960
  • Other: $66,112
Alex Kolbasowski (Union Trustee)
  • Compensation: $0
  • Related: $200,555
  • Other: $66,112
John Wood (Union Trustee)
  • Compensation: $0
  • Related: $202,709
  • Other: $66,274
Christine Medich (Administrator)
  • Compensation: $233,530
  • Related: $0
  • Other: $61,543
Susan Sonntag (Manager, Accounting)
  • Compensation: $115,786
  • Related: $0
  • Other: $50,591
Therese Edwards (Manager Contributions/Coll)
  • Compensation: $117,413
  • Related: $0
  • Other: $50,795
Mike Daleo (Senior Software Engineer)
  • Compensation: $127,008
  • Related: $0
  • Other: $51,762
David Daleo (Dir. Information Technolog)
  • Compensation: $0
  • Related: $249,919
  • Other: $70,789
Where can I find the form 990 for Operating Engineers Local No 825 Welfare Fund?

Operating Engineers Local No 825 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Operating Engineers Local No 825 Welfare Fund

The Operating Engineers Local No 825 Welfare Fund is a nonprofit organization committed to delivering welfare benefits to its plan participants. This fund's primary mission revolves around extending health and welfare assistance to eligible members through various programs.

By providing welfare benefits, the Operating Engineers Local No 825 Welfare Fund plays a significant role in enhancing the well-being of its members. The organization's initiatives aim to address the essential needs of its participants, ensuring they have access to critical resources designed to improve their overall quality of life.

The Operating Engineers Local No 825 Welfare Fund's programs are meticulously designed to cater to the diverse requirements of its members. These initiatives focus on delivering comprehensive health and welfare benefits, enabling the participants to lead healthier, more stable lives. The fund's dedication to its mission is unwavering, and its commitment to the well-being of its members remains at the heart of its operations.

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Impact




October, 2024

The Operating Engineers Local No 825 Welfare Fund significantly impacts the lives of its plan participants by offering crucial health and welfare benefits. By providing various programs to eligible members, it ensures access to essential services that support their overall well-being. This assistance helps members navigate healthcare needs, alleviates financial burdens associated with medical expenses, and promotes a healthier workforce. The welfare fund's commitment to enhancing the quality of life for its participants reinforces community ties and bolsters the strength of the operating engineers' collective efforts.




This information is meant to be a general summary of Operating Engineers Local No 825 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
$181,060,157 (2022)
Expenses
$169,374,990 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,468,569
  • Program Service Revenue: $168,809,927
  • Gross Receipts: $411,693,308

Assets and Liabilities:

  • Total Assets: $279,187,655
  • Total Liabilities: $9,808,982
  • Net Assets: $269,378,673

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$162,771,429

PARTICIPANT CONTRIBUTIONS

Revenue

$5,908,119

RENTAL INCOME FROM AFFILIATES

Revenue

$130,379

Organization Details

Founding Year

1952

Principal Officer

Christine Medich

Main Address

65 SPRINGFIELD AVENUE SECOND FLOOR, SPRINGFIELD, NJ, 07081

NTEE Category

Code: Y40 - Mutual benefit

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