Division 1181 Atu - New York Welfare Fund

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

EIN: 237255573 ✦ Valley stream, NY ✦ Designated as a 501(c)(9)

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Overview

What is Division 1181 Atu - New York Welfare Fund?

Division 1181 Atu - New York Welfare Fund is a nonprofit organization headquartered at 20 North Central Avenue in Valley Stream, New York, with a ZIP code 11580. The primary mission of this organization is to provide eligible participants with health and welfare benefits. With approximately 9,267 participants, the fund offers various benefits, including life, accident, disability, hospitalization, major medical, dental, prescription drug, and optical coverage for the participants and their dependents. The organization employs around 30 individuals and focuses on enhancing the well-being and health of those it serves.


Official website here: www.atu1181.org/nwfund.asp

What are the reviews and ratings of this charity?

Division 1181 Atu - New York Welfare Fund is not currently rated by Charity Navigator. This absence of a rating does not imply any particular positive or negative position but rather highlights that the organization does not meet certain criteria for evaluation. Primarily, it is not registered as a 501(c)(3) nonprofit, a requirement for Charity Navigator's rating system, which limits its assessment capabilities.

The organization lacks a comprehensive profile due to insufficient data on accountability, finance, impact, culture, and community engagement measures. It is categorized under a foundation status that includes entities other than 501(c)(3) organizations, thus excluding it from standard Charity Navigator evaluation metrics typically used for tax-exempt, charitable institutions.

There are no available user reviews from GreatNonprofits, leaving any potential qualitative insights from beneficiaries or stakeholders unexplored. Consequently, the overall perspective on the effectiveness, community presence, and operational transparency of Division 1181 Atu - New York Welfare Fund remains largely undocumented in public forums.


This AI summary has been generated from information found on Charity Navigator.

Is Division 1181 Atu - New York Welfare Fund legitimate?

Division 1181 Atu - New York Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Division 1181 Atu - New York 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: $386,529
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,670,452

For more financial information, click here


Official website here: www.atu1181.org/nwfund.asp

What is the mission statement of Division 1181 Atu - New York Welfare Fund?

The Division 1181 Atu New York Welfare Fund is dedicated to providing health and welfare benefits to eligible participants and their dependents. The organization's primary focus is to ensure the well-being of its members by offering essential benefits such as life, accident, disability, hospitalization, major medical, dental, prescription drug, and optical coverage. These benefits aim to improve the overall health and quality of life for the fund's participants. Approximately 9,267 individuals are eligible to receive these benefits, which are designed to offer peace of mind and security during times of need.


Official website here: www.atu1181.org/nwfund.asp

Who is the CEO of Division 1181 Atu - New York Welfare Fund?

Michael Cordiello is the Union Trustee - Chairman of Division 1181 Atu - New York Welfare Fund.


Official website here: www.atu1181.org/nwfund.asp

What is the revenue of Division 1181 Atu - New York Welfare Fund?

Division 1181 Atu - New York Welfare Fund's revenue in 2022 was $124,286,953.


Official website here: www.atu1181.org/nwfund.asp

Who are the executives of Division 1181 Atu - New York Welfare Fund and what are their salaries?

The average compensation at Division 1181 Atu - New York Welfare Fund during 2022 was $68,566. There are 30 employees at Division 1181 Atu - New York Welfare Fund.


Here are 11 key members and their salaries:


Michael Cordiello (Union Trustee - Chairman)
  • Compensation: $0
  • Related: $235,623
  • Other: $10,066
Neil Strahl (Employer Trustee-Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean-Claude Calixte (Union Trustee)
  • Compensation: $0
  • Related: $194,559
  • Other: $20,543
James P Hedge (Alt. Union Trustee Eff, 7/22)
  • Compensation: $17,097
  • Related: $0
  • Other: $0
Neil Mancuso (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Muirhead (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Brettschneider (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tomas Fret Jr (Union Trustee)
  • Compensation: $0
  • Related: $218,585
  • Other: $20,543
Anthony Cordiello (Union Trustee Eff, 7/22)
  • Compensation: $0
  • Related: $143,329
  • Other: $10,477
Robert D'Ulisse (Fund Director)
  • Compensation: $205,458
  • Related: $0
  • Other: $20,543
Vincent Zito (Controller)
  • Compensation: $163,974
  • Related: $0
  • Other: $20,543


Official website here: www.atu1181.org/nwfund.asp

Where can I find the form 990 for Division 1181 Atu - New York Welfare Fund?

Division 1181 Atu - New York Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.atu1181.org/nwfund.asp

Learn more at the official website: www.atu1181.org/nwfund.asp

Mission Statement of Division 1181 Atu - New York Welfare Fund

Division 1181 Atu-New York Welfare Fund is a nonprofit organization dedicated to providing health and welfare benefits to its eligible participants and their dependents. The primary mission of this charitable entity is to ensure the well-being of its members by offering a comprehensive range of benefits. These include protection against life-threatening conditions through life and accident insurance, financial assistance during periods of disability, and coverage for hospitalization and major medical expenses. Additionally, the fund extends its benefits to dental care, prescription drugs, and optical services, ensuring that its participants have access to essential healthcare services. Approximately 9,267 individuals were enrolled in the fund, receiving the essential benefits that help them maintain their overall health and well-being.

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Impact




October, 2024

Division 1181 Atu - New York Welfare Fund significantly enhances the well-being of its participants by providing a comprehensive range of health and welfare benefits. Serving approximately 9,267 eligible individuals, the fund's offerings include life, accident, disability, hospitalization, major medical, dental, prescription drug, and optical benefits. This broad spectrum of support not only improves access to essential medical services but also provides financial security for individuals and their dependents during times of need. The fund plays a crucial role in safeguarding the health and welfare of its community, ultimately contributing to a healthier and more secure population in Valley Stream, NY.




This information is meant to be a general summary of Division 1181 Atu - New York 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
$124,286,953 (2022)
Expenses
$103,803,320 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,469,360
  • Program Service Revenue: $120,695,337
  • Gross Receipts: $124,286,953

Assets and Liabilities:

  • Total Assets: $94,779,317
  • Total Liabilities: $2,310,270
  • Net Assets: $92,469,047

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$109,302,776

EMPLOYEE CONTRIBUTIONS

Revenue

$11,344,423

COBRA

Revenue

$48,138

Organization Details

Founding Year

1983

Principal Officer

Michael Cordiello

Main Address

20 NORTH CENTRAL AVENUE, VALLEY STREAM, NY, 11580

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