Operating Engineers Lo 835 Welfare Fund

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

EIN: 232079619 ✦ Wayne, PA ✦ Designated as a 501(c)(9)

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Overview

What is Operating Engineers Lo 835 Welfare Fund?

The Operating Engineers Lo 835 Welfare Fund is a nonprofit organization, specifically a health and welfare fund. Its primary mission is to provide support and assistance to its members, focusing on their overall well-being. The exact nature of the services offered isn't explicitly stated in the information, but it's safe to infer that they offer health-related benefits and welfare assistance to their members. However, further details about the fund's programs, reach, and impact are not available in the provided information.

Is Operating Engineers Lo 835 Welfare Fund legitimate?

Operating Engineers Lo 835 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers Lo 835 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 Operating Engineers Lo 835 Welfare Fund?

The Operating Engineers Lo 835 Welfare Fund is dedicated to serving its members through a health and welfare mission. Its primary objective is to provide necessary support and care for its members. The fund does not disclose a specific mission statement, but based on the term "health and welfare," it can be inferred that its purpose is to enhance the overall well-being of its members, ensuring they have access to essential health services. The fund may also aim to provide financial assistance or resources during times of need, although this is not explicitly stated in the provided information.

Who is the CEO of Operating Engineers Lo 835 Welfare Fund?

Paul Scheb Jr is the Trustee of Operating Engineers Lo 835 Welfare Fund.

What is the revenue of Operating Engineers Lo 835 Welfare Fund?

Operating Engineers Lo 835 Welfare Fund's revenue in 2022 was $6,956,497.

Who are the executives of Operating Engineers Lo 835 Welfare Fund and what are their salaries?


Here are 3 key members and their salaries:


Paul Scheb Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Rowland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marge Mccann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Operating Engineers Lo 835 Welfare Fund?

Operating Engineers Lo 835 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Operating Engineers Lo 835 Welfare Fund

The Operating Engineers Lo 835 Welfare Fund is dedicated to promoting health and wellbeing. Its mission is to provide essential services and support to individuals in need, operating as a health and welfare fund. This nonprofit organization is committed to enhancing the lives of its beneficiaries, although specific details about its programs, initiatives, or target population are not provided in the given information.

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Impact




October, 2024

Operating Engineers Lo 835 Welfare Fund plays a crucial role in enhancing the health and welfare of its members. By providing essential healthcare benefits, the fund contributes to the overall well-being of individuals within the operating engineers community in Wayne, PA. Its focus on mutual benefit ensures that members receive the support they need, promoting a healthier workforce and fostering a sense of community. This financial assistance for medical expenses significantly reduces the burden on members, allowing them to focus on their work and personal lives without the stress of healthcare costs. Overall, the fund serves as a vital resource that enhances quality of life and job security for its constituents.




This information is meant to be a general summary of Operating Engineers Lo 835 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
$6,956,497 (2022)
Expenses
$5,062,402 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,631
  • Program Service Revenue: $6,940,866
  • Gross Receipts: $8,389,905

Assets and Liabilities:

  • Total Assets: $7,020,223
  • Total Liabilities: $262,496
  • Net Assets: $6,757,727

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Programs

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

Employer Contributions

Revenue

$6,887,813

COBRA

Revenue

$47,853

Retiree Contributions

Revenue

$5,200

Organization Details

Founding Year

1977

Principal Officer

Paul Scheb Jr

Main Address

485 Devon Park Dr, Wayne, PA, 19087

NTEE Category

Code: Y40 - Mutual benefit

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