Overview
What is Asbestos Workers Philadelphia Health And Welfare Plan?
The Asbestos Workers Philadelphia Health and Welfare Plan is a multi-employer health and welfare organization, based in Philadelphia, Pennsylvania. Covering members of Insulators and Asbestos Workers Local Unions 14 and 89, as well as employees whose jobs facilitate Plan contributions, this nonprofit offers a comprehensive range of benefits for eligible active and retired employees and their dependents. These benefits include death benefits, outpatient diagnostic services, accidental death and dismemberment, x-ray and laboratory services, maternity care, hospital coverage, major medical and surgical care, dental and vision care, extended benefits after eligibility termination, prescription drugs, vacation benefits, and alcohol and drug abuse treatment. The hospital, medical, and surgical benefits are provided through an insurance arrangement with Independence Blue Cross/Blue Shield of Pennsylvania. Death and accidental death and dismemberment benefits are facilitated through an agreement with Union Labor Life Insurance Company. Self-insured benefits, paid directly to participants, consist primarily of prescription drugs, vision, dental, major medical, Medicare, sickness and accident, extended benefits, and alcohol and drug abuse treatment.
Is Asbestos Workers Philadelphia Health And Welfare Plan legitimate?
Asbestos Workers Philadelphia Health And Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Asbestos Workers Philadelphia Health And Welfare Plan 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: $88,453
Professional Fundraising Fees: $0
Other Salaries and Wages: $152,131
For more financial information, click here
What is the mission statement of Asbestos Workers Philadelphia Health And Welfare Plan?
The Asbestos Workers Philadelphia Health and Welfare Plan serves as a multi-employer health and welfare benefit program for insulators and asbestos workers, as well as employees whose employment allows for contributions to the trust. The mission of this plan is to provide eligible active and retired employees and their dependents with a range of benefits, which include death benefits, out-patient diagnostic services, accidental death and dismemberment coverage, x-ray and laboratory services, maternity care, hospitalization, major medical and surgical coverage, dental care, vision care, extended benefits after termination of eligibility, prescription drugs, vacation benefits, and alcohol and drug abuse treatment. The plan offers hospital, medical, and surgical benefits through an insurance arrangement with Independence Blue Cross/Blue Shield of Pennsylvania. Death and accidental death and dismemberment benefits are covered through an insurance arrangement with Union Labor Life Insurance Company. Self-insured benefits, primarily for prescription drugs, vision, dental, major medical, Medicare, sickness and accident, extended benefits, and alcohol and drug abuse treatment, are paid directly to participants.
Who is the CEO of Asbestos Workers Philadelphia Health And Welfare Plan?
Stephen Pettit is the Management Trustee Co-Chai of Asbestos Workers Philadelphia Health And Welfare Plan.
What is the revenue of Asbestos Workers Philadelphia Health And Welfare Plan?
Asbestos Workers Philadelphia Health And Welfare Plan's revenue in 2022 was $13,932,405.
Who are the executives of Asbestos Workers Philadelphia Health And Welfare Plan and what are their salaries?
The average compensation at Asbestos Workers Philadelphia Health And Welfare Plan during 2022 was $80,195. There are 3 employees at Asbestos Workers Philadelphia Health And Welfare Plan.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $173,727
- Other: $121,153
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $159,254
- Other: $118,386
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $159,254
- Other: $118,486
- Compensation: $56,072
- Related: $104,133
- Other: $92,516
Where can I find the form 990 for Asbestos Workers Philadelphia Health And Welfare Plan?
Asbestos Workers Philadelphia Health And Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Asbestos Workers Philadelphia Health And Welfare Plan
Asbestos Workers Philadelphia Health and Welfare Plan, a multi-employer health and welfare organization, is dedicated to providing essential benefits to eligible active and retired employees and their dependents from the insulators and asbestos workers local unions Nos. 14 and 89, as well as those whose employment allows for contributions to the trust.
This nonprofit entity offers a comprehensive suite of benefits to ensure the well-being of its members. These benefits encompass various aspects of health and wellness, including death benefits, out-patient diagnostic services, accidental death and dismemberment coverage, x-ray and laboratory services, maternity care, hospitalization, major medical and surgical coverage, dental care, vision care, extended benefits after eligibility termination, prescription drugs, vacation benefits, and alcohol and drug abuse treatment.
The hospital, medical, and surgical benefits are provided through an insurance arrangement with Independence Blue Cross/Blue Shield of Pennsylvania. Meanwhile, the death and accidental death and dismemberment benefits are managed through an insurance agreement with Union Labor Life Insurance Company. Self-insured benefits, which primarily consist of prescription drugs, vision, dental, major medical, Medicare, sickness and accident, extended benefits, and alcohol and drug abuse treatment, are paid directly to participants. The Asbestos Workers Philadelphia Health and Welfare Plan's mission is to safeguard the health and well-being of its members by offering a diverse range of benefits, ensuring financial and emotional security for them and their families.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Asbestos Workers Philadelphia Health and Welfare Plan significantly impacts the lives of its members by providing comprehensive health and welfare benefits tailored for eligible active and retired employees, along with their dependents. By offering a wide range of services, including medical, dental, vision, and prescription drug coverage, the Plan ensures that members have access to essential health care services.
Furthermore, it addresses various financial risks associated with health issues by offering weekly disability income and death benefits. These provisions not only support the well-being of workers and their families in times of need but also contribute to their overall financial security.
The collaboration with established insurance providers, like Independence Blue Cross/Blue Shield of Pennsylvania for medical benefits and Union Labor Life Insurance Company for death and dismemberment benefits, enhances the plan's reliability. Additionally, the self-insured benefits represent a proactive approach to managing specific health needs, such as alcohol and drug abuse treatment, which further demonstrates the Plan's commitment to the welfare of its members.
Overall, the Plan plays a crucial role in promoting health, security, and peace of mind for those who are part of the asbestos workers community in Philadelphia, thereby positively impacting their quality of life and overall well-being.
This information is meant to be a general summary of Asbestos Workers Philadelphia Health And Welfare Plan. 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: -$430,596
- Program Service Revenue: $14,363,001
- Gross Receipts: $29,426,247
Assets and Liabilities:
- Total Assets: $28,943,140
- Total Liabilities: $79,965
- Net Assets: $28,863,175
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$11,086,042
PARTICIPANT VACATION CONTRIBUTION
Revenue
$1,669,343
RETIREE CONTRIBUTIONS
Revenue
$1,545,681
COBRA CONTRIBUTION
Revenue
$61,935
Organization Details
Founding Year
1950
Phone
(215) 289-4303Principal Officer
Stephen Pettit
Main Address
2014 HORNIG ROAD, PHILADELPHIA, PA, 19116
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Asbestos Workers Philadelphia Health And Welfare Plan and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.