Overview
What is Kentucky Laborers District Council Health & Welfare Fund?
The Kentucky Laborers District Council Health & Welfare Fund is a nonprofit organization that offers employee benefits to active and retired participants. Based in Lawrenceburg, Kentucky, with a US address at 1996 By-Pass South, the fund provides essential coverage for its members, including accident, sickness, vision, dental, death, and accidental death & dismemberment benefits. This comprehensive employee benefit plan caters to both active and retired participants, ensuring they receive the necessary care and support.
Is Kentucky Laborers District Council Health & Welfare Fund legitimate?
Kentucky Laborers District Council Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Kentucky Laborers District Council 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $593,110
For more financial information, click here
What is the mission statement of Kentucky Laborers District Council Health & Welfare Fund?
The Kentucky Laborers District Council Health & Welfare Fund serves as an employee benefit plan, offering protection to its participants. It provides various benefits for active members, including coverage for accidents, sickness, vision, dental, death, and accidental death & dismemberment. Post-retirement, participants continue to receive benefits in the form of accident, sickness, vision, dental, and death coverage. The Fund's mission is centered around securing essential benefits for its members, ensuring peace of mind during their working years and beyond.
Who is the CEO of Kentucky Laborers District Council Health & Welfare Fund?
Perry Blades is the Trustee of Kentucky Laborers District Council Health & Welfare Fund.
What is the revenue of Kentucky Laborers District Council Health & Welfare Fund?
Kentucky Laborers District Council Health & Welfare Fund's revenue in 2022 was $20,361,283.
Who are the executives of Kentucky Laborers District Council Health & Welfare Fund and what are their salaries?
The average compensation at Kentucky Laborers District Council Health & Welfare Fund during 2022 was $65,901. There are 9 employees and 10 volunteers at Kentucky Laborers District Council Health & Welfare Fund.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Kentucky Laborers District Council Health & Welfare Fund?
Kentucky Laborers District Council Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kentucky Laborers District Council Health & Welfare Fund
The Kentucky Laborers District Council Health & Welfare Fund is a dedicated employee benefit plan that extends essential benefits to its active and retired participants. This nonprofit organization provides a comprehensive range of benefits, ensuring the well-being of its members.
Specifically, the Kentucky Laborers District Council Health & Welfare Fund offers accident, sickness, vision, dental, death, and accidental death & dismemberment benefits to active participants. These benefits safeguard the health and financial security of laborers during their working years. Once laborers retire, they continue to reap the rewards of this plan, as they become eligible for accident, sickness, vision, dental, and death benefits.
This employee benefit plan is designed to support its members through various life stages, providing peace of mind and reassurance. By offering a comprehensive benefits package, the Kentucky Laborers District Council Health & Welfare Fund demonstrates its commitment to the well-being of its laborers, both during their employment and in retirement.
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Impact
October, 2024
The Kentucky Laborers District Council Health & Welfare Fund significantly impacts the lives of its participants by providing essential employee benefits. It offers a comprehensive range of coverage, including accident, sickness, vision, dental, and both death and accidental death & dismemberment benefits for active members. For retired participants, the fund ensures continued support through benefits for accident, sickness, vision, dental, and death.
This robust support system improves participants' overall well-being and financial security, enabling them to focus on their work and quality of life without the burden of unforeseen medical or personal emergencies. Moreover, the health and welfare fund fosters a sense of community and solidarity among its members by promoting health and wellness, ensuring that both active workers and retirees feel valued and secure in their later years. The investment in these benefits ultimately contributes to a healthier workforce, enhancing productivity and morale throughout the labor community.
This information is meant to be a general summary of Kentucky Laborers District Council 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: -$23,410
- Program Service Revenue: $20,309,686
- Gross Receipts: $39,724,776
Assets and Liabilities:
- Total Assets: $33,958,983
- Total Liabilities: $713,812
- Net Assets: $33,245,171
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$19,426,900
EMPLOYEE CONTRIBUTIONS
Revenue
$882,786
Organization Details
Founding Year
1967
Phone
(502) 839-8166Principal Officer
Perry Blades
Main Address
1996 BY-PASS SOUTH, LAWRENCEBURG, KY, 40342
NTEE Category
Code: Y40 - Mutual benefit
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