Overview
What is Ironworkers Local 11 Welfare Fund?
The Ironworkers Local 11 Welfare Fund is a charitable organization based in Springfield, New Jersey. Its primary purpose is to offer health benefits to those who are a part of this fund. Employers, in adherence to a collective bargaining agreement with the district council of Ironworkers in northern New Jersey, contribute to the fund to ensure the availability of these benefits. By providing essential health services, this fund plays a crucial role in improving the overall well-being of its participants.
Official website here: www.ironworkersfunds.com
Is Ironworkers Local 11 Welfare Fund legitimate?
Ironworkers Local 11 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ironworkers Local 11 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: $214,238
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,148,705
For more financial information, click here
Official website here: www.ironworkersfunds.com
What is the mission statement of Ironworkers Local 11 Welfare Fund?
The Ironworkers Local 11 Welfare Fund serves the crucial role of offering health benefits to its participants. Established through collective bargaining agreements between participating employers and the Ironworkers of northern New Jersey district council, the fund is dedicated to enhancing the well-being of its members. The primary objective is to ensure access to essential health services for the fund's beneficiaries, ultimately improving their overall quality of life. By providing health benefits, the Ironworkers Local 11 Welfare Fund supports the long-term health and financial security of those in the ironworking industry.
Official website here: www.ironworkersfunds.com
Who is the CEO of Ironworkers Local 11 Welfare Fund?
William Kolfenbach Jr is the Employer Trustee of Ironworkers Local 11 Welfare Fund.
Official website here: www.ironworkersfunds.com
What is the revenue of Ironworkers Local 11 Welfare Fund?
Ironworkers Local 11 Welfare Fund's revenue in 2022 was $39,989,422.
Official website here: www.ironworkersfunds.com
Who are the executives of Ironworkers Local 11 Welfare Fund and what are their salaries?
The average compensation at Ironworkers Local 11 Welfare Fund during 2022 was $75,719. There are 18 employees at Ironworkers Local 11 Welfare Fund.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $191,148
- Other: $140,481
- Compensation: $0
- Related: $191,468
- Other: $140,481
- Compensation: $0
- Related: $191,468
- Other: $140,481
- Compensation: $0
- Related: $191,468
- Other: $140,481
- Compensation: $214,238
- Related: $0
- Other: $78,249
Official website here: www.ironworkersfunds.com
Where can I find the form 990 for Ironworkers Local 11 Welfare Fund?
Ironworkers Local 11 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ironworkersfunds.com
Learn more at the official website: www.ironworkersfunds.com
Mission Statement of Ironworkers Local 11 Welfare Fund
The Ironworkers Local 11 Welfare Fund is a charitable organization dedicated to extending health benefits to its participants. Established through a collective bargaining agreement between employers and the district council of Ironworkers in northern New Jersey, this fund seeks to ensure the wellbeing of its members.
The Ironworkers Local 11 Welfare Fund plays a pivotal role in providing essential health benefits to its participants. Employers contributing to the fund under the collective bargaining agreement ensure that the organization can fulfill its mission effectively. By focusing on health benefits, the Ironworkers Local 11 Welfare Fund demonstrates its commitment to the overall well-being and quality of life of its members.
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Impact
October, 2024
The Ironworkers Local 11 Welfare Fund plays a crucial role in providing health benefits to participants, ensuring that ironworkers and their families have access to essential medical care. By receiving contributions from employers governed by collective bargaining agreements, the fund enhances the financial security and overall well-being of its members. Located in Springfield, NJ, this initiative supports the health needs of ironworkers in northern New Jersey, fostering a stronger, healthier workforce. The impact of the Welfare Fund extends beyond individual health, contributing to the overall stability and productivity of the ironworking community.
This information is meant to be a general summary of Ironworkers Local 11 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $739,490
- Program Service Revenue: $39,158,824
- Gross Receipts: $65,780,009
Assets and Liabilities:
- Total Assets: $71,862,811
- Total Liabilities: $7,464,514
- Net Assets: $64,398,297
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$35,478,127
EMPLOYEE CONTRIBUTIONS
Revenue
$929,534
FUND EMPLOYEE PREMIUMS
Revenue
$332,120
REIMBURSED EXPENSES
Revenue
$2,419,043
Organization Details
Founding Year
1950
Phone
(973) 376-7230Principal Officer
William Kolfenbach Jr
Main Address
12 EDISON PLACE, SPRINGFIELD, NJ, 07081
Website
www.ironworkersfunds.comNTEE Category
Code: Y40 - Mutual benefit
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