Local 274 Health And Welfare Fund

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

EIN: 231489866 ✦ Cherry hill, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Local 274 Health And Welfare Fund?

Local 274 Health and Welfare Fund is a nonprofit organization based in Cherry Hill, New Jersey, with a modest workforce of just two individuals. Its primary mission is to provide a range of benefits to eligible members, encompassing medical, surgical, hospitalization, death, disability, dental, prescription, vision, and orthotic coverage. The fund's purpose is to enhance the well-being of its members and designated beneficiaries, ensuring they receive necessary healthcare services when needed.

Is Local 274 Health And Welfare Fund legitimate?

Local 274 Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 274 Health And 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: $114,417

For more financial information, click here

What is the mission statement of Local 274 Health And Welfare Fund?

The Local 274 Health and Welfare Fund's primary mission is to extend medical, surgical, hospital, death, disability, dental, prescription, vision, and orthotic benefits to its eligible members or designated beneficiaries. The fund's exempt purpose is rooted in providing these extensive health benefits, ensuring its members receive the necessary care and support when needed. The organization's activities revolve around offering these benefits, ensuring that its members have access to comprehensive healthcare services.

Who is the CEO of Local 274 Health And Welfare Fund?

Richard Minter is the Employer Trustee of Local 274 Health And Welfare Fund.

What is the revenue of Local 274 Health And Welfare Fund?

Local 274 Health And Welfare Fund's revenue in 2022 was $6,858,357.

Who are the executives of Local 274 Health And Welfare Fund and what are their salaries?

The average compensation at Local 274 Health And Welfare Fund during 2022 was $57,208. There are 2 employees at Local 274 Health And Welfare Fund.


Here are 6 key members and their salaries:


Ronald C Gilbert (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Minter (Union Trustee)
  • Compensation: $0
  • Related: $10,578
  • Other: $6,043
Lynne P Fox (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $7,987
Jo Ann Bongart (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Wilson (Union Trustee)
  • Compensation: $0
  • Related: $59,825
  • Other: $16,939
Howard Flaxman (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local 274 Health And Welfare Fund?

Local 274 Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local 274 Health And Welfare Fund

Local 274 Health and Welfare Fund is an organization committed to providing essential healthcare benefits to its eligible members and designated beneficiaries. Their mission encompasses offering a comprehensive range of medical, surgical, hospital, death, disability, dental, prescription, vision, and orthotic benefits. This nonprofit organization strives to ensure the well-being of its members, providing them with the necessary support during various health challenges. The Fund's purpose is to alleviate the financial burden of medical expenses, thereby ensuring that its members can focus on their recovery and wellness.

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Impact




October, 2024

Local 274 Health and Welfare Fund plays a crucial role in the well-being of its members by providing essential health benefits. These benefits encompass a wide range of services, including medical, surgical, hospitalization, and dental care, ensuring that eligible members and their designated beneficiaries have access to necessary healthcare without overwhelming financial burdens. The Fund also covers critical areas such as prescription medications, vision care, orthotic services, and support in cases of death and disability.

By addressing these diverse health needs, Local 274 Health and Welfare Fund not only enhances the quality of life for its members but also contributes to a healthier community overall. Its mission of delivering comprehensive healthcare benefits reinforces the stability and security of families, supporting them during times of medical need and fostering peace of mind. Overall, the Fund acts as a vital safety net, promoting health equity and empowerment among its members.




This information is meant to be a general summary of Local 274 Health And 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
$6,858,357 (2022)
Expenses
$6,265,186 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $266,301
  • Program Service Revenue: $6,524,292
  • Gross Receipts: $8,570,501

Assets and Liabilities:

  • Total Assets: $12,329,873
  • Total Liabilities: $39,734
  • Net Assets: $12,290,139

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$6,230,805

EMPLOYEE & COBRA CONTRIB.

Revenue

$293,487

Organization Details

Founding Year

1950

Principal Officer

Richard Minter

Main Address

20 BRACE ROAD 114, CHERRY HILL, NJ, 08034

NTEE Category

Code: Y40 - Mutual benefit

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