New York City Electricians Health And Welfare Fund

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

EIN: 237406716 ✦ Fresh meadows, NY ✦ Designated as a 501(c)(9)

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Overview

What is New York City Electricians Health And Welfare Fund?

The New York City Electricians Health and Welfare Fund is a nonprofit organization situated in Fresh Meadows, New York. With a small team of just two employees, its primary mission is to offer health and other benefits to its covered participants. This funding body is dedicated to ensuring the well-being and support of its participants, providing them with essential medical and related benefits.


Official website here: www.nycedwf.com

Is New York City Electricians Health And Welfare Fund legitimate?

New York City Electricians Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. New York City Electricians Health And 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: $5,215
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,187

For more financial information, click here


Official website here: www.nycedwf.com

What is the mission statement of New York City Electricians Health And Welfare Fund?

The New York City Electricians Health and Welfare Fund's mission is centered around providing health and various other benefits to its covered participants. This organization is committed to ensuring the well-being of its members by offering a comprehensive range of benefits. Their primary goal is to support the health needs of their participants, demonstrating a dedication to their overall well-being. The Fund's activities are tailored towards providing these essential benefits.


Official website here: www.nycedwf.com

What is the revenue of New York City Electricians Health And Welfare Fund?

New York City Electricians Health And Welfare Fund's revenue in 2023 was $2,315,876.


Official website here: www.nycedwf.com

Who are the executives of New York City Electricians Health And Welfare Fund and what are their salaries?

The average compensation at New York City Electricians Health And Welfare Fund during 2023 was $80,402. There is 1 employee at New York City Electricians Health And Welfare Fund.

Here are 10 key members and their salaries:


Richard Cassidy (Fund Administrator)
  • Compensation: $0
  • Related: $123,250
  • Other: $0
Sean Fitzpatrick (Trustee)
  • Compensation: $745
  • Related: $0
  • Other: $0
Michael Allen (Trustee)
  • Compensation: $745
  • Related: $0
  • Other: $0
Umberto Divanna (Trustee)
  • Compensation: $596
  • Related: $0
  • Other: $0
Walter Kiedrowski (Trustee)
  • Compensation: $596
  • Related: $0
  • Other: $0
Thomas Cozzo (Trustee)
  • Compensation: $596
  • Related: $0
  • Other: $0
Stephen Bevilacqua (Trustee)
  • Compensation: $596
  • Related: $0
  • Other: $0
Clyde Campbell (Trustee)
  • Compensation: $596
  • Related: $0
  • Other: $0
James Mccann (Trustee)
  • Compensation: $447
  • Related: $0
  • Other: $0
Bill Lecomples (Trustee)
  • Compensation: $298
  • Related: $0
  • Other: $0


Official website here: www.nycedwf.com

Where can I find the form 990 for New York City Electricians Health And Welfare Fund?

New York City Electricians Health And Welfare Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nycedwf.com

Learn more at the official website: www.nycedwf.com

Mission Statement of New York City Electricians Health And Welfare Fund

The New York City Electricians Health and Welfare Fund is dedicated to extending health benefits and other related advantages to its covered participants. Its primary objective is to ensure the well-being of these individuals, providing them with essential medical and non-medical support. The fund actively works towards meeting the health needs of its participants, thereby enhancing their overall quality of life.

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Impact




October, 2024

The New York City Electricians Health And Welfare Fund significantly impacts the well-being of its covered participants by providing essential health and other benefits. This support is crucial for electricians and their families, ensuring they have access to necessary healthcare services that promote physical and mental well-being. By alleviating financial burdens associated with medical expenses, the fund enhances the quality of life for its members, fostering a healthier and more secure community. Additionally, these benefits contribute to workforce stability, as participants can focus on their work without the distraction of healthcare worries, ultimately benefiting the industry and the economy. Through its mission, the fund plays a vital role in promoting mutual support among its members, reinforcing a sense of solidarity within the community.




This information is meant to be a general summary of New York City Electricians Health And 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
$2,315,876 (2023)
Expenses
$2,185,307 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $301,870
  • Program Service Revenue: $1,949,633
  • Gross Receipts: $2,479,067

Assets and Liabilities:

  • Total Assets: $10,111,899
  • Total Liabilities: $94,599
  • Net Assets: $10,017,300

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Programs

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

COBRA CONTRIBUTIONS

Revenue

$403

EMPLOYER CONTRIBUTIONS

Revenue

$1,949,230

Organization Details

Founding Year

1984

Principal Officer

Sean Fitzpatrick

NTEE Category

Code: Y40 - Mutual benefit

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