Plumbers Local 24 Welfare Fund

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

EIN: 226044230 ✦ West caldwell, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Plumbers Local 24 Welfare Fund?

The Plumbers Local 24 Welfare Fund, established in West Caldwell, New Jersey, functions as a fraternal beneficiary society and voluntary employees association. Its primary objective is to extend medical benefits to eligible participants. As a nonprofit organization, it strives to enhance the well-being of its members by addressing their healthcare needs.

What are the reviews and ratings of this charity?

The Plumbers Local 24 Welfare Fund is currently not rated by Charity Navigator. This lack of rating arises because the organization is not registered as a 501(c)(3) nonprofit, which is a requirement for evaluation by Charity Navigator. Consequently, several evaluations, such as Accountability & Finance and Impact & Measurement, cannot be performed.

Although Charity Navigator does not evaluate this organization, this does not imply a negative or positive standing. The absence of a rating is due to technical issues related to the type of organization and its registration status rather than its operational performance or transparency.

Moreover, the Plumbers Local 24 Welfare Fund has no user reviews available on GreatNonprofits, which limits additional insights into public perception and experiences. This means potential donors or stakeholders have minimal external evaluations to inform their understanding of the fund's impact and efficiency.


This AI summary has been generated from information found on Charity Navigator.

Is Plumbers Local 24 Welfare Fund legitimate?

Plumbers Local 24 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers Local 24 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 Plumbers Local 24 Welfare Fund?

The Plumbers Local 24 Welfare Fund serves as a fraternal beneficiary society and voluntary employees association, headquartered with a mission to extend medical benefits to eligible participants. They prioritize the health and wellbeing of their members through the provision of essential medical coverage. Established to support the workforce in the plumbing industry, the organization's primary goal is to ensure access to necessary healthcare services for those who meet the eligibility requirements. By offering medical benefits, the Plumbers Local 24 Welfare Fund aims to alleviate financial burdens and improve overall quality of life for its members.

Who is the CEO of Plumbers Local 24 Welfare Fund?

Jonathan D Levine is the Trustee of Plumbers Local 24 Welfare Fund.

What is the revenue of Plumbers Local 24 Welfare Fund?

Plumbers Local 24 Welfare Fund's revenue in 2022 was $19,867,859.

Who are the executives of Plumbers Local 24 Welfare Fund and what are their salaries?


Here are 9 key members and their salaries:


Roshan White (Trustee)
  • Compensation: $0
  • Related: $173,851
  • Other: $117,432
Kermit Hartman (Trustee)
  • Compensation: $0
  • Related: $151,331
  • Other: $102,759
Marty Drobny (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chadrick Garris (Trustee)
  • Compensation: $0
  • Related: $149,201
  • Other: $102,759
Salvatore Fischera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Kelleher (Trustee)
  • Compensation: $0
  • Related: $168,375
  • Other: $116,458
Salvaltore Simonetti (Trustee)
  • Compensation: $0
  • Related: $171,189
  • Other: $117,048
Robert Armistead (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher H Snyder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Plumbers Local 24 Welfare Fund?

Plumbers Local 24 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Plumbers Local 24 Welfare Fund

The Plumbers Local 24 Welfare Fund, a fraternal beneficiary society and voluntary employees association, is dedicated to extending medical benefits to eligible participants. This nonprofit organization prioritizes the health and wellbeing of its members, striving to ensure they have access to necessary medical care. The mission of the Plumbers Local 24 Welfare Fund is twofold. First and foremost, it serves as a safety net for its members, providing them with essential medical benefits when they need it most. Second, it operates as a supportive community for plumbers and their families, fostering a sense of camaraderie and security. The organization's commitment to its members is unwavering, making a tangible difference in their lives by easing the financial burden of healthcare expenses.

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Impact




October, 2024

The Plumbers Local 24 Welfare Fund plays a crucial role in ensuring that eligible participants have access to essential medical benefits. By providing these benefits, the Fund helps to improve the overall health and well-being of its members and their families. This financial support can alleviate the stress associated with healthcare costs, allowing individuals to focus on recovery and maintaining their livelihoods.

Moreover, the Fund fosters a sense of community among members, promoting a culture of mutual support and solidarity in times of need. Its mission strengthens the workforce by ensuring that skilled professionals have the necessary resources to address health issues, ultimately leading to a more stable and productive community. In summary, the Plumbers Local 24 Welfare Fund significantly impacts the lives of its participants by providing vital medical benefits and enhancing overall well-being.




This information is meant to be a general summary of Plumbers Local 24 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
$19,867,859 (2022)
Expenses
$20,542,517 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,078,746
  • Program Service Revenue: $18,680,505
  • Gross Receipts: $31,949,684

Assets and Liabilities:

  • Total Assets: $38,035,029
  • Total Liabilities: $3,306,723
  • Net Assets: $34,728,306

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$16,170,311

STOP LOSS REIMBURSEMEN

Revenue

$1,637,833

MEMBERS CONTRIBUTIONS

Revenue

$599,801

941 COBRA REIMBURSEMEN

Revenue

$272,560

Organization Details

Founding Year

1963

Principal Officer

Jonathan D Levine

Main Address

20 FAIRFIELD PLACE, WEST CALDWELL, NJ, 07006

NTEE Category

Code: Y40 - Mutual benefit

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