Overview
What is Laborers Local No 130 Health And Welfare Fund?
Laborers Local No 130 Health and Welfare Fund is a nonprofit organization based in Scranton, Pennsylvania. Their primary mission is to offer a range of health benefits, including life, accidental death and dismemberment (AD&D), medical, and loss of time, to both active and retired employees of contributing employers. These benefits are generally provided under group insured plans, with the fund also offering loss of time benefits under self-insured programs. The organization's purpose is to ensure the health and well-being of its eligible members and their covered dependents. With a small team of two individuals, Laborers Local No 130 Health and Welfare Fund is committed to providing comprehensive health care coverage to its members.
Is Laborers Local No 130 Health And Welfare Fund legitimate?
Laborers Local No 130 Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Laborers Local No 130 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:
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Professional Fundraising Fees: $0
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For more financial information, click here
What is the mission statement of Laborers Local No 130 Health And Welfare Fund?
The Laborers Local No 130 Health and Welfare Fund is dedicated to providing a range of health care benefits to eligible members and their covered dependents. Its mission, in essence, is to ensure the availability of life, accidental death and dismemberment (AD&D), loss of time, hospitalization, medical, and other related health care benefits. This fund operates by providing these benefits to active and retired employees of contributing employers through group insured plans. Moreover, the fund offers loss of time benefits under self-insured programs, further underscoring its commitment to the well-being of its members.
Who is the CEO of Laborers Local No 130 Health And Welfare Fund?
Joseph Rostock is the Trustee of Laborers Local No 130 Health And Welfare Fund.
What is the revenue of Laborers Local No 130 Health And Welfare Fund?
Laborers Local No 130 Health And Welfare Fund's revenue in 2022 was $1,458,182.
Who are the executives of Laborers Local No 130 Health And Welfare Fund and what are their salaries?
There are 2 employees at Laborers Local No 130 Health And Welfare Fund.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Laborers Local No 130 Health And Welfare Fund?
Laborers Local No 130 Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Laborers Local No 130 Health And Welfare Fund
Laborers Local No 130 Health and Welfare Fund is committed to providing a variety of health-related benefits to eligible members and their covered dependents. Its primary mission is to ensure the well-being of these individuals by offering life, accidental death and dismemberment (AD&D), loss of time, hospitalization, and medical benefits, among others. By operating under group insured plans, the fund extends these benefits to active employees, and through self-insured programs, it provides loss of time benefits. The ultimate objective of this nonprofit organization is to safeguard the health and financial security of its members, offering them the necessary support during challenging health situations.
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Impact
October, 2024
Laborers Local No 130 Health And Welfare Fund plays a crucial role in supporting the health and well-being of its members and their families. By providing life insurance, accidental death and dismemberment (AD&D) coverage, hospitalization, medical benefits, and compensation for loss of time, the Fund ensures that active and retired employees can access essential health care services. This comprehensive suite of benefits addresses the diverse needs of its members, promoting their financial security during challenging times, such as illness or injury.
The Fund's mission goes beyond basic health coverage; it enhances the overall quality of life for eligible members and their dependents. By alleviating the financial burden associated with medical care and related expenses, it fosters a sense of stability and peace of mind. Additionally, the self-insured programs for loss of time benefits provide additional support, allowing members to focus on recovery without the added stress of lost income. Overall, Laborers Local No 130 Health And Welfare Fund significantly impacts the well-being of its community by offering critical support and resources that empower individuals and families to thrive.
This information is meant to be a general summary of Laborers Local No 130 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $65,225
- Program Service Revenue: $1,353,956
- Gross Receipts: $1,688,399
Assets and Liabilities:
- Total Assets: $949,000
- Total Liabilities: $36,971
- Net Assets: $912,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,313,205
EMPLOYEE CONTRIBUTIONS
Revenue
$40,751
Organization Details
Founding Year
1965
Phone
(800) 552-6972Principal Officer
Joseph Rostock
Main Address
431 WYOMING AVE SUITE 10, SCRANTON, PA, 185031228
NTEE Category
Code: Y43 - Mutual benefit
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