Heavy & Highway Construction Health And Welfare Fund

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

EIN: 231527636 ✦ Philadelphia, PA ✦ Designated as a 501(c)(9)

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Overview

What is Heavy & Highway Construction Health And Welfare Fund?

The Heavy & Highway Construction Health and Welfare Fund is a nonprofit organization based in Philadelphia, Pennsylvania. Its primary role is to offer health and welfare benefits to approximately 2,838 members and their dependents. The Laborers District Council Heavy and Highway Health and Welfare Fund operates with a mission to provide medical coverage for members and their families associated with contributing employers. The organization, with a workforce of 73 individuals, aims to ensure the well-being of those connected to the construction industry in the heavy and highway sector.


Official website here: www.ldc-phila-vic.org/member-benefits/

Is Heavy & Highway Construction Health And Welfare Fund legitimate?

Heavy & Highway Construction Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Heavy & Highway Construction 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: $0

For more financial information, click here


Official website here: www.ldc-phila-vic.org/member-benefits/

What is the mission statement of Heavy & Highway Construction Health And Welfare Fund?

The Heavy & Highway Construction Health and Welfare Fund serves a crucial role in providing medical benefits to members and their dependents of contributing employers. This mission is geared towards enhancing the well-being of approximately 2,838 individuals for the plan year ending April 30, 2022. The organization is committed to delivering essential health and welfare benefits, ensuring that the individuals under its care maintain optimal health and stability. Through its unwavering dedication, the Heavy & Highway Construction Health and Welfare Fund strives to improve the quality of life for its members and their families. By offering comprehensive medical coverage, the Fund demonstrates its unwavering commitment to supporting the health and well-being of its community.


Official website here: www.ldc-phila-vic.org/member-benefits/

Who is the CEO of Heavy & Highway Construction Health And Welfare Fund?

Alan Parham is the Fund Coordinator of Heavy & Highway Construction Health And Welfare Fund.


Official website here: www.ldc-phila-vic.org/member-benefits/

What is the revenue of Heavy & Highway Construction Health And Welfare Fund?

Heavy & Highway Construction Health And Welfare Fund's revenue in 2022 was $39,100,445.


Official website here: www.ldc-phila-vic.org/member-benefits/

Who are the executives of Heavy & Highway Construction Health And Welfare Fund and what are their salaries?

There are 73 employees at Heavy & Highway Construction Health And Welfare Fund.


Here are 7 key members and their salaries:


Alan Parham (Fund Coordinator)
  • Compensation: $0
  • Related: $225,477
  • Other: $75,590
Esteban Vera Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Sanders (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Harper Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Seravalli Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Boyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ldc-phila-vic.org/member-benefits/

Where can I find the form 990 for Heavy & Highway Construction Health And Welfare Fund?

Heavy & Highway Construction Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ldc-phila-vic.org/member-benefits/

Learn more at the official website: www.ldc-phila-vic.org/member-benefits/

Mission Statement of Heavy & Highway Construction Health And Welfare Fund

The Heavy & Highway Construction Health and Welfare Fund, a mission-driven organization, is dedicated to extending medical benefits to members and their dependents of contributing employers in the laborers district council. This fund prioritizes the well-being of approximately 2,838 individuals, ensuring they have access to essential healthcare services throughout the plan year, up until April 30, 2022. By assuming the role as a provider of health and welfare benefits, the Heavy & Highway Construction Health and Welfare Fund strives to improve the quality of life for its members and their families.

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Impact




October, 2024

The Heavy & Highway Construction Health and Welfare Fund significantly impacts the health and well-being of its members and their families by providing essential medical benefits. In the plan year ending April 30, 2022, the Fund supported approximately 2,838 members and their dependents, ensuring access to necessary healthcare services. This support enhances the quality of life for the members, allowing them to focus on their work in the heavy and highway construction industry without the added stress of managing healthcare expenses. By fostering better health outcomes, the Fund plays a critical role in promoting workforce stability and productivity within the community it serves.




This information is meant to be a general summary of Heavy & Highway Construction 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
$39,100,445 (2022)
Expenses
$22,939,914 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,018,236
  • Program Service Revenue: $37,081,770
  • Gross Receipts: $135,588,441

Assets and Liabilities:

  • Total Assets: $179,915,628
  • Total Liabilities: $58,028,023
  • Net Assets: $121,887,605

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Programs

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

COBRA CONTRIBUTIONS

Revenue

$115,949

COBRA PREMIUM SUBSIDY

Revenue

$278,535

EMPLOYER CONTRIBUTIONS

Revenue

$36,612,765

SELF PAY CONTRIBUTIONS

Revenue

$74,521

Organization Details

Founding Year

1958

Principal Officer

Alan Parham

Main Address

PO BOX 37003, PHILADELPHIA, PA, 19122

NTEE Category

Code: Y40 - Mutual benefit

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