Ufcw Local 1500 Welfare Fund

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

EIN: 237176373 ✦ Westbury, NY ✦ Designated as a 501(c)(9)

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Overview

What is Ufcw Local 1500 Welfare Fund?

Ufcw Local 1500 Welfare Fund is a non-profit organization based in Westbury, New York, with the address 425 Merrick Ave. Their primary mission revolves around providing employee benefits in the form of health and welfare plans for members of UFCW Local 1500 and their dependents. By offering these essential benefits, the organization aims to support the well-being and overall health of those associated with UFCW Local 1500.

Is Ufcw Local 1500 Welfare Fund legitimate?

Ufcw Local 1500 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ufcw Local 1500 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: $1,716,575

For more financial information, click here

What is the mission statement of Ufcw Local 1500 Welfare Fund?

The Ufcw Local 1500 Welfare Fund is committed to providing health and welfare benefits for the members of UFCW Local 1500 and their dependents. This organization's primary goal is to ensure that those in its community have access to essential employee benefits. Through the administration of health and welfare plans, the fund seeks to enhance the overall well-being and quality of life for its members. By offering comprehensive benefits packages, the Ufcw Local 1500 Welfare Fund aims to foster a sense of security and support among its members. Overall, the fund serves as an essential resource, dedicated to improving the lives of those it serves.

Who is the CEO of Ufcw Local 1500 Welfare Fund?

Robert Newell is the Union Trustee of Ufcw Local 1500 Welfare Fund.

What is the revenue of Ufcw Local 1500 Welfare Fund?

Ufcw Local 1500 Welfare Fund's revenue in 2022 was $78,737,665.

Who are the executives of Ufcw Local 1500 Welfare Fund and what are their salaries?


Here are 11 key members and their salaries:


Joseph Waddy (Union Trustee)
  • Compensation: $0
  • Related: $215,881
  • Other: $30,700
Pat Durning (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Santarpia (Union Trustee)
  • Compensation: $0
  • Related: $157,668
  • Other: $26,701
Robert Jandovitz (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Newell (Union Trustee)
  • Compensation: $0
  • Related: $346,349
  • Other: $38,336
Robert Spinella (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aly Waddy (Secretary-Treasurer)
  • Compensation: $0
  • Related: $282,081
  • Other: $34,005
Gregory Pasquale (Vice President)
  • Compensation: $0
  • Related: $116,940
  • Other: $27,235
Julius Scorzelli (Vice President)
  • Compensation: $0
  • Related: $126,647
  • Other: $25,802
Lynn Shiels (Vice President)
  • Compensation: $0
  • Related: $114,344
  • Other: $24,861
Robert Ecker (Vice President)
  • Compensation: $0
  • Related: $111,765
  • Other: $26,453
Where can I find the form 990 for Ufcw Local 1500 Welfare Fund?

Ufcw Local 1500 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ufcw Local 1500 Welfare Fund

Ufcw Local 1500 Welfare Fund is a nonprofit organization dedicated to extending employee benefits in the form of health and welfare plans to members of UFCW Local 1500 and their dependents. The fund's primary objective is to ensure that the workforce under UFCW Local 1500 has access to comprehensive benefits, enabling them to maintain their wellbeing and that of their families.

This charitable organization focuses on delivering essential benefits to the labor union's membership. By providing a range of health and welfare plans, Ufcw Local 1500 Welfare Fund empowers its members to manage their physical and mental health needs effectively. The nonprofit's commitment to employee benefits extends beyond the workplace, ensuring that the dependents of UFCW Local 1500 members also have access to these vital services.

In summary, Ufcw Local 1500 Welfare Fund serves as a vital resource for the labor union's members, offering them access to a comprehensive range of health and welfare plans. By prioritizing the wellbeing of its members and their dependents, this nonprofit organization plays an essential role in promoting overall health and stability within the UFCW Local 1500 community.

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Impact




October, 2024

The UFCW Local 1500 Welfare Fund plays a significant role in enhancing the lives of its members and their dependents by providing essential health and welfare benefits. By offering comprehensive employee benefits, it helps ensure that members have access to necessary healthcare services, which can alleviate financial stress related to medical expenses. This support fosters a healthier workforce, enabling members to focus on their jobs with greater peace of mind.

The Welfare Fund's impact extends beyond individual health benefits; it contributes to the overall well-being of families within the UFCW Local 1500 community. By prioritizing employee welfare, the fund promotes a sense of mutual benefit, solidarity, and support among members, which strengthens their collective bargaining power. Ultimately, the UFCW Local 1500 Welfare Fund is a crucial resource that exemplifies commitment to improving the quality of life for its members and securing their health and financial stability.




This information is meant to be a general summary of Ufcw Local 1500 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
$78,737,665 (2022)
Expenses
$72,484,967 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $562,190
  • Program Service Revenue: $75,112,031
  • Gross Receipts: $107,370,317

Assets and Liabilities:

  • Total Assets: $57,714,600
  • Total Liabilities: $8,801,325
  • Net Assets: $48,913,275

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$72,445,849

EMPLOYEE CONTRIBUTIONS

Revenue

$2,426,608

COBRA CONTRIBUTIONS

Revenue

$239,574

Organization Details

Founding Year

1948

Principal Officer

Robert Newell

Main Address

425 MERRICK AVE, WESTBURY, NY, 11590

NTEE Category

Code: Y40 - Mutual benefit

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