Steamfitters Lu No 420 Welfare Plan

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

EIN: 232715440 ✦ Philadelphia, PA ✦ Designated as a 501(c)(9)

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Overview

What is Steamfitters Lu No 420 Welfare Plan?

The Steamfitters Lu No 420 Welfare Plan is a nonprofit organization primarily focused on providing various benefits to its eligible participants and their dependents. Located in Philadelphia, Pennsylvania, the organization offers sick, accident, health, vision, dental, death, and vacation benefits. This is the sole program service of the organization, and all revenues and expenses are allocated to this purpose. The mission of the Steamfitters Lu No 420 Welfare Plan is to ensure the wellbeing of its members by addressing their health and financial needs, providing essential coverage and resources to enhance their overall quality of life.

Is Steamfitters Lu No 420 Welfare Plan legitimate?

Steamfitters Lu No 420 Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Steamfitters Lu No 420 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: $217,226
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,043

For more financial information, click here

What is the mission statement of Steamfitters Lu No 420 Welfare Plan?

The Steamfitters Lu No 420 Welfare Plan offers essential benefits to its eligible members and their dependents. These benefits include protection against sickness, accidents, and death, as well as vital services for vision, dental care, and vacations. The organization's primary purpose is to provide these benefits, using all revenues and expenses for this sole purpose. It ensures that the participants have access to necessary health and welfare services, enhancing their overall well-being.

Who is the CEO of Steamfitters Lu No 420 Welfare Plan?

Robert Winther is the Co-Chairman of Steamfitters Lu No 420 Welfare Plan.

What is the revenue of Steamfitters Lu No 420 Welfare Plan?

Steamfitters Lu No 420 Welfare Plan's revenue in 2022 was $90,200,112.

Who are the executives of Steamfitters Lu No 420 Welfare Plan and what are their salaries?


Here are 10 key members and their salaries:


James Snell (Co-Chairman)
  • Compensation: $0
  • Related: $227,646
  • Other: $158,067
Jim Dougherty (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Redden (Trustee)
  • Compensation: $0
  • Related: $195,023
  • Other: $137,315
James Gaffney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Orville Robinson (Trustee)
  • Compensation: $0
  • Related: $17,489
  • Other: $8,995
Leonard Dituillio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Sheridan Resigned (Trustee)
  • Compensation: $0
  • Related: $184,632
  • Other: $136,024
Kevin Heffernan Resigned (Trustee)
  • Compensation: $0
  • Related: $6,891
  • Other: $5,209
Robert Winther (Administrator)
  • Compensation: $74,743
  • Related: $112,114
  • Other: $120,698
James Rocks (Assistant Administrator)
  • Compensation: $61,130
  • Related: $91,695
  • Other: $82,687
Where can I find the form 990 for Steamfitters Lu No 420 Welfare Plan?

Steamfitters Lu No 420 Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Steamfitters Lu No 420 Welfare Plan

Steamfitters Lu No 420 Welfare Plan is a distinctive organization that extends vital benefits to its eligible members and their dependents. This nonprofit entity prioritizes the wellbeing of its participants by offering a comprehensive range of benefits.

The primary mission of Steamfitters Lu No 420 Welfare Plan is to provide essential sick, accident, health, vision, dental, death, and vacation benefits to its participants. These benefits serve as a safety net, ensuring that the individuals covered under this plan can weather unforeseen medical emergencies, accidents, or other life challenges. The welfare plan's commitment to its members' health and wellbeing is unwavering, and it strives to enhance their overall quality of life.

The benefits offered by Steamfitters Lu No 420 Welfare Plan are not limited to just the participants themselves. The plan extends these benefits to their dependents as well, thereby ensuring that families are taken care of in times of need. The plan's resources are primarily dedicated to this singular purpose, making it the crowning jewel of the organization's philanthropic endeavors.

In summary, Steamfitters Lu No 420 Welfare Plan is a beacon of support for its members and their families. By providing a comprehensive suite of benefits, the plan empowers its participants to face life's challenges with confidence, knowing that essential support is always within reach.

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Impact




October, 2024

The Steamfitters Lu No 420 Welfare Plan significantly enhances the quality of life for its eligible participants and their dependents by providing crucial benefits. These include coverage for sick leave, accidents, health needs, vision and dental care, as well as support in case of death and vacation benefits.

This comprehensive benefits package not only alleviates financial stress during times of illness or injury but also ensures that participants maintain access to essential health services. The plan effectively supports the overall well-being of its members, promoting a healthier workforce and contributing to a more secure future for families.

By focusing on mutual benefit, the Steamfitters Lu No 420 Welfare Plan fosters a sense of community and solidarity among members, further enhancing the support network available to them in times of need. This impact extends beyond individual health, positively influencing the community in Philadelphia by encouraging a stable, healthy, and productive workforce.




This information is meant to be a general summary of Steamfitters Lu No 420 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.

Revenue
$90,200,112 (2022)
Expenses
$81,910,568 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $422,380
  • Program Service Revenue: $89,777,732
  • Gross Receipts: $174,385,710

Assets and Liabilities:

  • Total Assets: $204,813,509
  • Total Liabilities: $6,969,697
  • Net Assets: $197,843,812

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Programs

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

RECEIPTS FROM EMPLOYER

Revenue

$74,504,595

PARTICIPANT CONTRIBUTI

Revenue

$15,230,008

Organization Details

Founding Year

1950

Principal Officer

Robert Winther

Main Address

14420 TOWNSEND ROAD B, PHILADELPHIA, PA, 191541028

NTEE Category

Code: Y40 - Mutual benefit

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