Overview
What is Cement Masons Union Local No 592 Welfare Plan?
Cement Masons Union Local No 592 Welfare Plan is a nonprofit organization based in Philadelphia, Pennsylvania, specifically located at 7821 Bartram Avenue 102, ZIP code 19153. Their primary mission is to offer essential benefits to the union's members and their dependents or designated beneficiaries. These benefits include medical, hospital, surgical, death, weekly disability income, and medicine reimbursements. The organization's purpose is to ensure the financial well-being and support of its union members by providing life, sick, accident, and other vital benefits.
Is Cement Masons Union Local No 592 Welfare Plan legitimate?
Cement Masons Union Local No 592 Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cement Masons Union Local No 592 Welfare Plan 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: $158,892
For more financial information, click here
What is the mission statement of Cement Masons Union Local No 592 Welfare Plan?
The Cement Masons Union Local No 592 Welfare Plan serves to offer financial assistance and provide benefits to its union members and their dependents or designated beneficiaries. The primary goal is to ensure the payment of various benefits such as life, sick, accident, and other forms of support. The plan offers medical, hospital, surgical, death, weekly disability income, and medicine reimbursements, ensuring comprehensive coverage for the union members. By prioritizing the welfare of its members, the Cement Masons Union Local No 592 Welfare Plan creates a safety net, providing peace of mind and financial security during challenging times. The union's commitment to its members' well-being is evident through the establishment and operation of this comprehensive Health and Welfare Fund.
Who is the CEO of Cement Masons Union Local No 592 Welfare Plan?
Mark Wildsmith is the Employer Co-Chairman of Cement Masons Union Local No 592 Welfare Plan.
What is the revenue of Cement Masons Union Local No 592 Welfare Plan?
Cement Masons Union Local No 592 Welfare Plan's revenue in 2022 was $12,285,764.
Who are the executives of Cement Masons Union Local No 592 Welfare Plan and what are their salaries?
Here are 9 key members and their salaries:
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- Compensation: $0
- Related: $167,674
- Other: $100,793
- Compensation: $0
- Related: $157,165
- Other: $98,791
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- Related: $149,412
- Other: $97,118
- Compensation: $0
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- Other: $0
- Compensation: $32,938
- Related: $115,164
- Other: $98,576
Where can I find the form 990 for Cement Masons Union Local No 592 Welfare Plan?
Cement Masons Union Local No 592 Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cement Masons Union Local No 592 Welfare Plan
Cement Masons Union Local No 592 Welfare Plan is a health and welfare fund dedicated to providing benefits to its union members and their dependents or designated beneficiaries. The primary mission of this organization revolves around the payment of various forms of benefits including life, sick, accident, and other related coverage.
Established to cater to the needs of Cement Masons Union Local 592 members, this Welfare Plan offers a comprehensive range of benefits. Among these benefits are medical, hospital, and surgical coverage, ensuring that members and their families receive adequate healthcare services when required. Furthermore, the Plan extends support through death benefits, weekly disability income, and medicine reimbursements. By providing these essential services, the Welfare Plan plays a significant role in enhancing the overall well-being and financial security of its members.
In essence, Cement Masons Union Local No 592 Welfare Plan acts as a safety net for its union members, offering a sense of security and peace of mind during times of adversity. The organization's commitment to its members' welfare is exemplified through its diverse range of benefits, which are designed to cater to various aspects of their lives. The Welfare Plan's mission is to alleviate the financial burden and stress that may arise due to health-related issues or unforeseen circumstances, ultimately enabling its members to focus on their personal and professional growth.
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Impact
October, 2024
Cement Masons Union Local No 592 Welfare Plan plays a crucial role in the well-being of its members and their families by providing essential benefits. The Plan offers comprehensive medical, hospital, and surgical coverages, ensuring that members have access to necessary healthcare services. This support extends to reimbursement for medicines, which helps alleviate the financial burden of medical expenses.
In the event of life-altering situations, such as accidents or serious illnesses, the Welfare Plan ensures members receive weekly disability income, providing financial stability during times when they are unable to work. Additionally, it offers death benefits, which can be vital for the families of members, ensuring they have the necessary support during difficult times.
Overall, the Cement Masons Union Local No 592 Welfare Plan significantly impacts the lives of its members by promoting health, security, and peace of mind, allowing them to focus on their work and family without the constant stress of financial uncertainties related to health and unforeseen events.
This information is meant to be a general summary of Cement Masons Union Local No 592 Welfare Plan. 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: $880,612
- Program Service Revenue: $11,111,197
- Gross Receipts: $37,281,395
Assets and Liabilities:
- Total Assets: $28,352,479
- Total Liabilities: $517,328
- Net Assets: $27,835,151
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$9,514,288
VACATION CONTRIBUTIONS
Revenue
$1,241,476
RETIREE & MEDICARE CONTRIBUTIONS
Revenue
$302,348
COBRA CONTRIBUTIONS
Revenue
$33,232
SELF PAY CONTRIBUTIONS
Revenue
$19,853
Organization Details
Founding Year
1960
Phone
(215) 468-0237Principal Officer
Mark Wildsmith
Main Address
7821 BARTRAM AVENUE 102, PHILADELPHIA, PA, 19153
NTEE Category
Code: Y40 - Mutual benefit
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