Overview
What is Ufcw 1776 & Participating Employers Health & Welfare Fund?
Ufcw 1776 & Participating Employers Health & Welfare Fund is a multi-employer plan established in Plymouth Meeting, Pennsylvania. The primary mission of this nonprofit organization is to offer health and welfare benefits to eligible union participants and their dependents, as outlined in various collective bargaining agreements between the employers and UFCW Local Union 1776. By providing these essential benefits, the fund aims to improve the wellbeing of union members and their families.
What are the reviews and ratings of this charity?
Ufcw 1776 & Participating Employers Health & Welfare Fund does not currently possess a rating from Charity Navigator. The nonprofit is not registered as a 501(c)(3) organization, which precludes it from being evaluated using the standard methodologies focusing on Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability. Therefore, the absence of a rating should not be construed as a definitive assessment of the organization’s performance.
While historical ratings primarily assessed Accountability and Finance, current insights and detailed data, such as total revenue, expenses, or key salaries, are not available. This lack of information means that potential donors or interested parties may need to seek alternative sources for a comprehensive view of the nonprofit's operations and effectiveness.
No user reviews are available for Ufcw 1776 & Participating Employers Health & Welfare Fund on GreatNonprofits, leaving a gap in community feedback and testimonial insights that typically offer valuable perspective on the organization's local impact and stakeholder engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Ufcw 1776 & Participating Employers Health & Welfare Fund legitimate?
Ufcw 1776 & Participating Employers Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ufcw 1776 & Participating Employers Health & 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.
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What is the mission statement of Ufcw 1776 & Participating Employers Health & Welfare Fund?
The Ufcw 1776 & Participating Employers Health & Welfare Fund is a multi-employer plan designed to offer health and welfare benefits to eligible participants and their dependents. This is accomplished under the terms of various collective bargaining agreements between the employers and UFCW Local Union 1776. The primary mission of the fund is to provide comprehensive medical and health benefits to union members. By doing so, it enhances the overall well-being and quality of life for the participants. The fund's existence and operations are rooted in the collective bargaining process between the employers and the union, ensuring that the benefits are accessible and affordable for those who need them.
Who is the CEO of Ufcw 1776 & Participating Employers Health & Welfare Fund?
Wendell W Young Iv is the Union Trustee of Ufcw 1776 & Participating Employers Health & Welfare Fund.
What is the revenue of Ufcw 1776 & Participating Employers Health & Welfare Fund?
Ufcw 1776 & Participating Employers Health & Welfare Fund's revenue in 2022 was $63,078,058.
Who are the executives of Ufcw 1776 & Participating Employers Health & Welfare Fund and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Ufcw 1776 & Participating Employers Health & Welfare Fund?
Ufcw 1776 & Participating Employers Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ufcw 1776 & Participating Employers Health & Welfare Fund
Ufcw 1776 & Participating Employers Health & Welfare Fund is a multi-employer plan dedicated to delivering health and welfare benefits to eligible participants and their dependents. Established under various collective bargaining agreements between the employers and UFCW Local Union 1776, this fund serves as a vital resource for union members and their families.
In simple terms, the Ufcw 1776 & Participating Employers Health & Welfare Fund functions as a benefits provider, ensuring that participating unions and their members have access to essential medical and health benefits. Through this collaborative effort between the employers and the union, the fund offers a comprehensive range of benefits that cater to the well-being of the union members and their dependents. This safety net enables them to focus on their day-to-day lives with peace of mind, knowing that their health needs are taken care of, thanks to the commitment of the Ufcw 1776 & Participating Employers Health & Welfare Fund.
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Impact
October, 2024
UFCW 1776 & Participating Employers Health & Welfare Fund provides essential health and welfare benefits to eligible participants and their dependents, significantly impacting the workforce and their families. By administering a multiemployer plan established through collective bargaining agreements, the fund ensures that union members have access to comprehensive medical and health benefits.
This initiative not only enhances the well-being of participants but also contributes to a more stable and satisfied workforce. The ability to receive health benefits can lead to improved job satisfaction, reduced absenteeism, and overall better health outcomes for members and their dependents in Plymouth Meeting, PA, and surrounding areas. The fund plays a crucial role in promoting health equity and financial security, ultimately benefiting both employees and employers through a healthier workforce.
This information is meant to be a general summary of Ufcw 1776 & Participating Employers Health & 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $530,020
- Program Service Revenue: $62,507,892
- Gross Receipts: $86,619,623
Assets and Liabilities:
- Total Assets: $50,916,201
- Total Liabilities: $6,456,530
- Net Assets: $44,459,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$59,095,529
PARTICIPANT CONTRIBUTIONS
Revenue
$3,412,363
Organization Details
Founding Year
1967
Phone
(610) 941-9400Principal Officer
Wendell W Young Iv
Main Address
3031-B WALTON ROAD, PLYMOUTH MEETING, PA, 19462
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