Overview
What is Asbestos Workers Welfare Fund Local 32?
Asbestos Workers Welfare Fund Local 32 is a nonprofit organization situated in Hopatcong, New Jersey, with an address at 36 Hopatchung Road. Established through collective bargaining agreements, its primary mission is to offer various benefits to eligible members, including health, death, vacation, and scholarship provisions. The funding for these benefits comes from employer contributions based on specific hourly rates for the work performed by members. The organization employs a team of 16 individuals committed to serving its members.
Is Asbestos Workers Welfare Fund Local 32 legitimate?
Asbestos Workers Welfare Fund Local 32 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Asbestos Workers Welfare Fund Local 32 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 Asbestos Workers Welfare Fund Local 32?
Asbestos Workers Welfare Fund Local 32 was established with a mission to offer health, death, vacation, and scholarship benefits to eligible members. This mission is rooted in collective bargaining agreements. The fund is primarily funded through employer contributions, based on predetermined rates for each hour worked by members. The purpose of these benefits is to support the well-being of the members, providing them with necessary assistance during various life stages.
Who is the CEO of Asbestos Workers Welfare Fund Local 32?
John Dwyer is the Union Trustee of Asbestos Workers Welfare Fund Local 32.
What is the revenue of Asbestos Workers Welfare Fund Local 32?
Asbestos Workers Welfare Fund Local 32's revenue in 2022 was $7,148,083.
Who are the executives of Asbestos Workers Welfare Fund Local 32 and what are their salaries?
There are 16 employees at Asbestos Workers Welfare Fund Local 32.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $160,202
- Other: $118,591
- Compensation: $0
- Related: $77,313
- Other: $100,721
- Compensation: $0
- Related: $92,656
- Other: $80,180
- Compensation: $0
- Related: $4,873
- Other: $3,607
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $149,745
- Other: $72,223
Where can I find the form 990 for Asbestos Workers Welfare Fund Local 32?
Asbestos Workers Welfare Fund Local 32's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Asbestos Workers Welfare Fund Local 32
Asbestos Workers Welfare Fund Local 32 was established with a mission to offer health, death, vacation, and scholarship benefits to its eligible members. This nonprofit organization operates based on collective bargaining agreements, ensuring that its services are accessible to those who qualify. Funded by employer contributions based on predetermined rates for each hour worked by members, the fund aims to provide a comprehensive set of benefits to its members. By offering these benefits, Asbestos Workers Welfare Fund Local 32 seeks to support its members in various aspects of their lives, from their health and well-being to their educational pursuits and time off. The fund's mission is to enhance the lives of its members by providing them with the resources they need to thrive.
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Impact
October, 2024
Asbestos Workers Welfare Fund Local 32 provides critical health and death benefits to its eligible members, ensuring financial support during difficult times. Established under a collective bargaining agreement, the Fund also offers vacation and scholarship benefits, enhancing the well-being and opportunities for members and their families. Funded by employer contributions based on hourly work rates, it plays a significant role in safeguarding the health and welfare of workers in the asbestos industry, particularly in Hopatcong, NJ. This support helps members face the challenges associated with their profession, fostering a sense of security in their lives and careers.
This information is meant to be a general summary of Asbestos Workers Welfare Fund Local 32. 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: -$209,122
- Program Service Revenue: $7,345,661
- Gross Receipts: $10,925,768
Assets and Liabilities:
- Total Assets: $5,682,077
- Total Liabilities: $1,340,092
- Net Assets: $4,341,985
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$7,054,298
PARTICIPANT CONTRIBUTIONS
Revenue
$291,363
Organization Details
Founding Year
1957
Phone
(856) 793-2501Principal Officer
John Dwyer
Main Address
36 HOPATCHUNG ROAD, HOPATCONG, NJ, 07843
NTEE Category
Code: Y40 - Mutual benefit
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