Building Trades Health And 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: 231700500 ✦ Lebanon, PA ✦ Designated as a 501(c)(9)

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Overview

What is Building Trades Health And Welfare Fund?

Building Trades Health and Welfare Fund is a nonprofit organization headquartered at 1718 Heilmandale Road, Suite 400, Lebanon, Pennsylvania (17046). Its primary mission involves providing various health and welfare benefits for participants of the Health and Welfare Plan. These benefits encompass medical, dental, vision, surgical, hospital, major medical, prescription, wellness, death, and disability coverage. With a workforce of 25 employees, the organization is dedicated to enhancing the well-being and healthcare of its participants.

What are the reviews and ratings of this charity?

The Building Trades Health And Welfare Fund is not currently rated by Charity Navigator. The absence of a rating is due to the organization not being registered as a 501(c)(3) nonprofit, which is a requirement for evaluation. Charity Navigator's inability to provide a rating does not reflect positively or negatively on the organization.

The historical context provided by Charity Navigator suggests that past evaluations mainly focused on Accountability and Finance. However, due to the organization's current status, areas like Leadership, Adaptability, and Impact remain unevaluated. This points to gaps in assessing its overall performance and impact through this platform.

No user reviews are available from GreatNonprofits, leaving potential stakeholders without subjective insights from individuals who have interacted with the organization. The lack of user feedback contributes to the limited information for public evaluation.


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

Is Building Trades Health And Welfare Fund legitimate?

Building Trades Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Building Trades 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: $128,497

For more financial information, click here

What is the mission statement of Building Trades Health And Welfare Fund?

The Building Trades Health and Welfare Fund offers comprehensive health benefits to its participants. This includes medical, dental, vision, surgical, hospital, major medical, prescription, wellness, death, and disability coverage. The mission of this organization is to ensure that those enrolled in the health and welfare plan have access to a range of essential benefits. These benefits aim to promote the overall well-being and health of the participants, providing them with peace of mind and financial security. The organization's focus is on delivering a holistic health solution, addressing various aspects of healthcare and wellness.

Who is the CEO of Building Trades Health And Welfare Fund?

Drew Simpson is the Trustee of Building Trades Health And Welfare Fund.

What is the revenue of Building Trades Health And Welfare Fund?

Building Trades Health And Welfare Fund's revenue in 2021 was $20,859,508.

Who are the executives of Building Trades Health And Welfare Fund and what are their salaries?

The average compensation at Building Trades Health And Welfare Fund during 2021 was $5,140. There are 25 employees at Building Trades Health And Welfare Fund.


Here are 10 key members and their salaries:


Brian Pomeroy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Quandel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Brightbill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Ford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon O'Brien (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Foley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joline Sobeck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas O'Donnell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Simpson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Building Trades Health And Welfare Fund?

Building Trades Health And Welfare Fund's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Building Trades Health And Welfare Fund

Building Trades Health and Welfare Fund is a nonprofit organization that offers comprehensive health benefits to its participants. The mission of this fund is to provide medical, dental, vision, surgical, hospital, major medical, prescription, wellness, death, and disability benefits. These benefits ensure that the individuals involved in this health and welfare plan have access to essential healthcare services when needed. The fund's primary goal is to safeguard the wellbeing of its participants by offering a range of coverage options that cater to various health requirements. The scope of benefits provided by Building Trades Health and Welfare Fund is extensive, making it an indispensable resource for those who depend on it.

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Impact




October, 2024

Building Trades Health and Welfare Fund significantly impacts the lives of its participants by providing essential health benefits, including medical, dental, vision, surgical, and hospital coverage. This comprehensive support ensures that individuals have access to major medical services and prescription medications, promoting overall wellness and preventative care. Additionally, the fund offers vital benefits that address temporary disability and provides support in the event of death, fostering a sense of security among participants and their families. By serving those in the building trades, the fund helps protect the health and wellbeing of workers in Lebanon, PA, contributing to their stability and peace of mind.




This information is meant to be a general summary of Building Trades 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
$20,859,508 (2021)
Expenses
$21,242,878 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $3,223,964
  • Program Service Revenue: $17,635,544
  • Gross Receipts: $86,882,647

Assets and Liabilities:

  • Total Assets: $59,368,572
  • Total Liabilities: $70,617
  • Net Assets: $59,297,955

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$13,415,348

RECIPROCAL CONTR.

Revenue

$2,418,296

SELF-PAY & RETIREE CONTRIBUTIONS

Revenue

$1,436,744

COBRA CONTRIBUTIONS

Revenue

$365,156

Organization Details

Founding Year

1950

Principal Officer

Drew Simpson

Main Address

1718 HEILMANDALE ROAD SUITE 400, LEBANON, PA, 17046

NTEE Category

Code: Y40 - Mutual benefit

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