Overview
What is Operating Engineers Local 112 Health & Welfare Trust?
Operating Engineers Local 112 Health & Welfare Trust is a nonprofit organization located at 2716 S Rangeline Road, Anderson, IN 46017. With a team of eight dedicated individuals, its primary mission is to provide a wide range of health and welfare benefits to eligible members and their dependents. These benefits include medical, dental, pharmacy, vision, life, and short-term disability coverage. Notably, while most benefits are self-funded, the life benefit is fully insured. The trust's purpose is to ensure the well-being and support of its members and their families.
Is Operating Engineers Local 112 Health & Welfare Trust legitimate?
Operating Engineers Local 112 Health & Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers Local 112 Health & Welfare Trust 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
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What is the mission statement of Operating Engineers Local 112 Health & Welfare Trust?
The Operating Engineers Local 112 Health & Welfare Trust's primary objective is to extend health and welfare benefits to eligible members and their dependents. They accomplish this by providing a range of essential services, including medical, dental, pharmacy, vision, life, and short-term disability benefits. These benefits are self-funded for the majority of services, with life insurance being the exception. The trust aims to enhance the well-being and health of its members and their families by offering these comprehensive benefits.
Who is the CEO of Operating Engineers Local 112 Health & Welfare Trust?
Randall Hughes is the Union Trustee of Operating Engineers Local 112 Health & Welfare Trust.
What is the revenue of Operating Engineers Local 112 Health & Welfare Trust?
Operating Engineers Local 112 Health & Welfare Trust's revenue in 2022 was $8,029,607.
Who are the executives of Operating Engineers Local 112 Health & Welfare Trust and what are their salaries?
There are 8 employees at Operating Engineers Local 112 Health & Welfare Trust.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Operating Engineers Local 112 Health & Welfare Trust?
Operating Engineers Local 112 Health & Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Operating Engineers Local 112 Health & Welfare Trust
Operating Engineers Local 112 Health & Welfare Trust is committed to providing health and welfare benefits for eligible members and their dependents. This nonprofit organization ensures that eligible participants and their families have access to a range of benefits, including medical, dental, pharmacy, vision, life, and short-term disability coverage. Notably, the life insurance benefit is fully insured, while the other benefits are self-funded. The trust's mission is to safeguard the well-being of its members and their families, offering them essential healthcare services and financial support during challenging times. By providing these benefits, Operating Engineers Local 112 Health & Welfare Trust contributes to the overall wellbeing and peace of mind of its beneficiaries.
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Impact
October, 2024
Operating Engineers Local 112 Health & Welfare Trust has a significant impact on the lives of its eligible members and their dependents by providing essential health and welfare benefits. The Trust offers a comprehensive range of services, including medical, dental, pharmacy, vision, life, and short-term disability benefits. These services are designed to ensure that members have access to the care they need, promoting both physical and mental well-being.
By offering these benefits on a self-funded basis, the Trust is able to maintain a level of control and flexibility that can adapt to the specific needs of its members. The fully insured life benefits provide an additional layer of security, ensuring that families are protected in the event of unforeseen circumstances.
Located in Anderson, Indiana, the Trust plays a vital role in supporting the health and welfare of the community it serves, empowering members to focus on their work and livelihoods, knowing that they and their families have access to necessary healthcare services. This commitment to mutual benefit not only improves individual lives but also fosters a stronger and healthier community overall.
This information is meant to be a general summary of Operating Engineers Local 112 Health & Welfare Trust. 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: $517,174
- Program Service Revenue: $7,508,691
- Gross Receipts: $36,373,983
Assets and Liabilities:
- Total Assets: $54,388,899
- Total Liabilities: $25,000
- Net Assets: $54,363,899
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$7,508,691
Organization Details
Founding Year
2007
Phone
(765) 643-5112Principal Officer
Randall Hughes
Main Address
2716 S RANGELINE RD, ANDERSON, IN, 46017
NTEE Category
Code: Y43 - Mutual benefit
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