New Rochelle Fuse Welfare Fund

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

EIN: 237126811 ✦ New rochelle, NY ✦ Designated as a 501(c)(9)

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Overview

What is New Rochelle Fuse Welfare Fund?

The New Rochelle Fuse Welfare Fund is a nonprofit organization situated at 270 North Avenue, 809, New Rochelle, New York 10801. Their primary mission is to provide supplemental health and other benefits to eligible participants covered by collective bargaining agreements. With a modest workforce of one individual, they aim to support these participants in various ways, making a positive impact in their community.


Official website here: www.nrfuse.org

Is New Rochelle Fuse Welfare Fund legitimate?

New Rochelle Fuse Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. New Rochelle Fuse 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: $36,654

For more financial information, click here


Official website here: www.nrfuse.org

What is the mission statement of New Rochelle Fuse Welfare Fund?

The New Rochelle Fuse Welfare Fund's mission is centered around providing supplemental health benefits and additional assistance to eligible individuals who fall under collective bargaining agreements. Their primary objective is to enhance the well-being of these participants by offering supplementary healthcare services and other necessary benefits. The organization's activities are geared towards supporting the health and needs of these individuals, ensuring they receive the necessary aid to maintain their overall well-being.


Official website here: www.nrfuse.org

Who is the CEO of New Rochelle Fuse Welfare Fund?

Mary Breslin is the Trustee of New Rochelle Fuse Welfare Fund.


Official website here: www.nrfuse.org

What is the revenue of New Rochelle Fuse Welfare Fund?

New Rochelle Fuse Welfare Fund's revenue in 2022 was $3,417,098.


Official website here: www.nrfuse.org

Who are the executives of New Rochelle Fuse Welfare Fund and what are their salaries?

The average compensation at New Rochelle Fuse Welfare Fund during 2022 was $36,654. There is 1 employee at New Rochelle Fuse Welfare Fund.


Here are 9 key members and their salaries:


Mary Breslin (Trustee)
  • Compensation: $0
  • Related: $28,239
  • Other: $0
William Coleman (Trustee)
  • Compensation: $0
  • Related: $14,408
  • Other: $0
Anthony Newman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Reid (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis Candelario (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ellen Cowan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Rosa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Misner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Selvaggi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nrfuse.org

Where can I find the form 990 for New Rochelle Fuse Welfare Fund?

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


Official website here: www.nrfuse.org

Learn more at the official website: www.nrfuse.org

Mission Statement of New Rochelle Fuse Welfare Fund

The New Rochelle Fuse Welfare Fund is an organization with a mission to provide supplemental health and other benefits to eligible participants covered by collective bargaining agreements. In simpler terms, this nonprofit aims to supplement the health and additional benefits for individuals who fall under collective labor agreements. By doing so, the New Rochelle Fuse Welfare Fund aims to support these individuals, ensuring they have access to additional resources beyond what their primary coverage offers. This mission aligns with the belief that every individual deserves comprehensive care and support, regardless of their employment status or benefits coverage.

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Impact




October, 2024

The New Rochelle Fuse Welfare Fund significantly enhances the well-being of eligible participants through the provision of supplemental health and other benefits. By focusing on those covered by collective bargaining agreements, the Fund ensures that individuals receive essential health support that might not be fully addressed by standard insurance options. This initiative directly contributes to the financial security and health of its participants, fostering a healthier community in New Rochelle, NY.

Through its mission, the Fund plays a vital role in offering additional resources that improve the quality of life for its members. These benefits can alleviate the burden of medical expenses, promote access to necessary healthcare services, and ultimately lead to better health outcomes. The targeted support from the Fund exemplifies a commitment to mutual benefit, strengthening the community by prioritizing the health and welfare of its workers and their families.




This information is meant to be a general summary of New Rochelle Fuse 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
$3,417,098 (2022)
201120122013201420152016201720182019202020212022$0$900k$1.8M$2.7M$3.6M
Expenses
$2,995,758 (2022)
201120122013201420152016201720182019202020212022$0$850k$1.7M$2.55M$3.4M
Efficiency
2011201220132014201520162017201820192020202120220%0.4%0.8%1.2%1.6%2%

Other financial information:

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

  • Investment Income: $63,808
  • Program Service Revenue: $3,353,290
  • Gross Receipts: $5,025,632

Assets and Liabilities:

  • Total Assets: $4,516,364
  • Total Liabilities: $887,556
  • Net Assets: $3,628,808

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,192,257

PARTICIPANT CONTRIBUTIONS

Revenue

$1,161,033

Organization Details

Founding Year

1969

Principal Officer

Mary Breslin

Main Address

270 NORTH AVENUE 809, NEW ROCHELLE, NY, 10801

NTEE Category

Code: Y40 - Mutual benefit

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