Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity

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

EIN: 236294355 ✦ Limerick, PA ✦ Designated as a 501(c)(9)

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Overview

What is Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity?

The Shopmen Iron Workers Welfare Plan of Philadelphia & Vicinity is a nonprofit organization, serving as a benefits provider for its members and their dependents. According to the collective bargaining agreement, this organization aims to ensure the well-being of eligible employees by offering comprehensive health benefits. The plan operates under a trust agreement, ensuring that these benefits are provided in accordance with its established guidelines. The primary mission of Shopmen Iron Workers Welfare Plan of Philadelphia & Vicinity is to prioritize and support the health needs of its members and their families.

Is Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity legitimate?

Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity is a legitimate nonprofit organization registered as a 501(c)(9) entity. Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity 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: $69,639

For more financial information, click here

What is the mission statement of Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity?

The Shopmen Iron Workers Welfare Plan of Philadelphia & Vicinity is committed to providing benefits to its members and their dependents. The primary mission of this plan is to offer health benefits to all eligible employees under the collective bargaining agreement and their dependents, in compliance with the trust agreement. The plan serves to enhance the well-being of its members and their families by providing necessary health benefits. By doing so, the Shopmen Iron Workers Welfare Plan of Philadelphia & Vicinity aims to support the overall health and welfare of its members. It is an essential resource for the plan's members, providing them with essential health benefits when needed.

Who is the CEO of Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity?

Doreen Friel is the Employer Trustee of Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity.

What is the revenue of Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity?

Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity's revenue in 2022 was $2,449,021.

Who are the executives of Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity and what are their salaries?

The average compensation at Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity during 2022 was $23,213. There are 3 employees at Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity.


Here are 9 key members and their salaries:


John Ciervo (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Short (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Giusti (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Wanamaker (Former Union Trustee)
  • Compensation: $0
  • Related: $38,604
  • Other: $16,796
John O'Rourke (Former Union Trustee)
  • Compensation: $0
  • Related: $1,834
  • Other: $0
Arthur Mclaughlin (Former Union Trustee)
  • Compensation: $0
  • Related: $927
  • Other: $0
Stephen Sweeney (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pedro Carrasqullo (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Dallman (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity?

Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity

Shopmen Iron Workers Welfare Plan of Philadelphia & Vicinity is dedicated to extending benefits to its members and their dependents. The organization's primary mission is to deliver comprehensive health benefits to all eligible employees, as outlined in their collective bargaining agreement, and their corresponding dependents, in accordance with the trust agreement. This nonprofit organization is committed to fulfilling this purpose, ensuring its members and their families have access to essential health benefits.

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Impact




October, 2024

Shopmen Iron Workers Welfare Plan of Philadelphia & Vicinity has a significant impact by providing vital health benefits to eligible employees and their dependents. This support plays a crucial role in ensuring the well-being of members covered by the collective bargaining agreement, promoting both physical health and financial stability for families within the iron working community. By supplying essential health coverage, the plan fosters a sense of security and peace of mind, enabling workers to focus on their jobs without the burden of medical costs. Additionally, the plan strengthens the workforce by enhancing the attraction and retention of skilled iron workers in the region, contributing to a robust, healthy labor force essential for various construction and infrastructure projects. Ultimately, the welfare plan serves as a foundational support system for the local community, highlighting the importance of collective efforts to prioritize health and welfare among workers and their families.




This information is meant to be a general summary of Shopmen Iron Workers Welfare Plan Of Philadelphia & Vicinity. 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
$2,449,021 (2022)
Expenses
$2,608,348 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$11,051
  • Program Service Revenue: $2,456,397
  • Gross Receipts: $4,751,521

Assets and Liabilities:

  • Total Assets: $3,900,415
  • Total Liabilities: $12,672
  • Net Assets: $3,887,743

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Programs

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

Employer Contributions

Revenue

$2,402,720

Employee Contributions

Revenue

$37,728

Cobra Reimbursements

Revenue

$15,949

Organization Details

Founding Year

1951

Principal Officer

Doreen Friel

Main Address

168 W Ridge Pike, Limerick, PA, 19468

NTEE Category

Code: Y40 - Mutual benefit

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