Pressmen Welfare Fund

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

EIN: 237092745 ✦ Sparks, MD ✦ Designated as a 501(c)(9)

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Overview

What is Pressmen Welfare Fund?

The Pressmen Welfare Fund is a nonprofit organization situated in Sparks, Maryland. Their primary mission is to provide medical, dental, and various other welfare benefits to its membership, as outlined in a collectively bargained agreement. Specifically, they administer health care, vision coverage, prescription drugs, disability, and death benefits for members of the Washington Printing Pressmen, Assistants, and Offset Workers Local Union Number 72. This assistance is provided under the terms of the agreement, aiming to support the well-being of these union members.

Is Pressmen Welfare Fund legitimate?

Pressmen Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pressmen 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: $0

For more financial information, click here

What is the mission statement of Pressmen Welfare Fund?

The Pressmen Welfare Fund's mission is centered around providing various welfare benefits to its membership. This includes medical, dental, and other forms of care, all in accordance with agreements collectively bargained. Specifically, they administer health care, vision coverage, prescription drug benefits, disability, and death benefits for members of the Washington Printing Pressmen, Assistants, and Offset Workers Local Union No. 72, under the terms of these collectively negotiated agreements.

Who is the CEO of Pressmen Welfare Fund?

Paul Atwill is the Union Trustee of Pressmen Welfare Fund.

What is the revenue of Pressmen Welfare Fund?

Pressmen Welfare Fund's revenue in 2022 was $1,663,877.

Who are the executives of Pressmen Welfare Fund and what are their salaries?


Here are 6 key members and their salaries:


Paul Atwill (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Bort (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Goldscher (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Swanson (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Bearden (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Larkin (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pressmen Welfare Fund?

Pressmen Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pressmen Welfare Fund

The Pressmen Welfare Fund, a nonprofit organization, is dedicated to providing various welfare benefits to its membership. In accordance with collectively bargained agreements, this entity offers medical, dental, and other forms of care to its members. Specifically, the Pressmen Welfare Fund administers health care, vision coverage, prescription drug benefits, disability, and death benefits for the members of Washington Printing Pressmen, Assistants, and Offset Workers Local Union No. 72. This nonprofit organization ensures the well-being of its members by providing them with the necessary healthcare services and benefits, which are collectively agreed upon.

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Impact




October, 2024

The Pressmen Welfare Fund significantly enhances the quality of life for its members by providing essential medical, dental, and welfare benefits. Through a collectively bargained agreement, it ensures access to comprehensive healthcare services, including vision care and prescription drugs. This support is crucial for members of Washington Printing Pressmen, Assistants, and Offset Workers L.U. No. 72, as it addresses their health and financial wellbeing, particularly in times of adversity such as illness or disability.

Additionally, the Fund offers vital disability and death benefits, giving members and their families peace of mind. By fostering a safety net for workers in the printing industry, the Pressmen Welfare Fund underlines the importance of mutual benefit, contributing to resilience and stability within the community it serves in Sparks, MD. Overall, the Fund plays a pivotal role in promoting health security and supporting the welfare of its members.




This information is meant to be a general summary of Pressmen 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.

Revenue
$1,663,877 (2022)
Expenses
$1,924,426 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,011
  • Program Service Revenue: $1,649,740
  • Gross Receipts: $1,663,877

Assets and Liabilities:

  • Total Assets: $1,256,027
  • Total Liabilities: $2,218
  • Net Assets: $1,253,809

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,422,571

EMPLOYEE CONTRIBUTIONS

Revenue

$222,311

COBRA SELF PAY

Revenue

$4,354

DISABILITY SELF PAY

Revenue

$504

Organization Details

Founding Year

1971

Principal Officer

Paul Atwill

Main Address

911 RIDGEBROOK RD, SPARKS, MD, 211529451

NTEE Category

Code: Y40 - Mutual benefit

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