United Mine Workers Of America Prefunded Benefit Plan

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

EIN: 261508254 ✦ Washington, DC ✦ Designated as a 501(c)(9)

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Overview

What is United Mine Workers Of America Prefunded Benefit Plan?

The United Mine Workers Of America Prefunded Benefit Plan serves as a trust for a multi-employer welfare plan, providing both medical and vision benefits to eligible beneficiaries. This nonprofit's mission is to deliver these benefits in the most efficient and effective manner possible, ensuring high quality for retirees under a collective bargaining agreement. Based in Washington D.C., the plan operates with a focus on delivering contractually mandated benefits to its beneficiaries effectively and efficiently.


Official website here: www.umwafunds.org

Is United Mine Workers Of America Prefunded Benefit Plan legitimate?

United Mine Workers Of America Prefunded Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. United Mine Workers Of America Prefunded Benefit Plan 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


Official website here: www.umwafunds.org

What is the mission statement of United Mine Workers Of America Prefunded Benefit Plan?

The United Mine Workers of America Prefunded Benefit Plan is committed to delivering contractually mandated benefits to eligible beneficiaries in the most efficient and effective manner possible. This mission is particularly focused on retirees under a collective bargaining agreement. Serving as a trust for a multi-employer welfare plan, it provides medical and vision benefits, ensuring high-quality service to those it serves.


Official website here: www.umwafunds.org

Who is the CEO of United Mine Workers Of America Prefunded Benefit Plan?

Micheal W Buckner is the Executive Director of United Mine Workers Of America Prefunded Benefit Plan.


Official website here: www.umwafunds.org

What is the revenue of United Mine Workers Of America Prefunded Benefit Plan?

United Mine Workers Of America Prefunded Benefit Plan's revenue in 2022 was $2,364,605.


Official website here: www.umwafunds.org

Who are the executives of United Mine Workers Of America Prefunded Benefit Plan and what are their salaries?


Here are 6 key members and their salaries:


Lorraine Lewis (Executive Director)
  • Compensation: $0
  • Related: $392,836
  • Other: $47,617
Samuel Rodriguez (Director Of Finance)
  • Compensation: $0
  • Related: $241,722
  • Other: $40,378
Micheal W Buckner (Trustee, Chair)
  • Compensation: $0
  • Related: $124,000
  • Other: $31,879
Paul Piccolini (Trustee)
  • Compensation: $0
  • Related: $100,000
  • Other: $29,875
Michael O Mckown (Trustee)
  • Compensation: $0
  • Related: $120,000
  • Other: $0
Michael H Holland (Trustee, Chair (Thru 04/15/22))
  • Compensation: $0
  • Related: $28,846
  • Other: $27,740


Official website here: www.umwafunds.org

Where can I find the form 990 for United Mine Workers Of America Prefunded Benefit Plan?

United Mine Workers Of America Prefunded Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.umwafunds.org

Learn more at the official website: www.umwafunds.org

Mission Statement of United Mine Workers Of America Prefunded Benefit Plan

The United Mine Workers of America Prefunded Benefit Plan is dedicated to delivering high-quality, contractually mandated benefits to eligible beneficiaries in the most efficient and effective manner possible. This mission is particularly significant for retirees under a collective bargaining agreement. The organization serves as a trust for a multi-employer welfare plan, providing medical and vision benefits. By focusing on efficiency and effectiveness, the United Mine Workers of America Prefunded Benefit Plan ensures that beneficiaries receive the benefits they are entitled to in a timely and reliable manner. The plan's mission is crucial in providing security and support to a community of individuals who have worked in the mining industry.

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Impact




October, 2024

The United Mine Workers of America Prefunded Benefit Plan plays a vital role in delivering essential medical and vision benefits to eligible beneficiaries, particularly retirees under collective bargaining agreements. By serving as a trust for a multiemployer welfare plan, it ensures that these benefits are provided in a high-quality, efficient, and effective manner. This structure not only enhances the overall well-being of retirees but also fosters stability and security within the mining community by fulfilling contractually mandated obligations. The plan is instrumental in upholding the standards of care and support that beneficiaries have earned through their service, thus contributing significantly to their quality of life.




This information is meant to be a general summary of United Mine Workers Of America Prefunded Benefit Plan. 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
$2,364,605 (2022)
Expenses
$8,505,465 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $310,421
  • Program Service Revenue: $2,054,184
  • Gross Receipts: $21,518,307

Assets and Liabilities:

  • Total Assets: $138,237,565
  • Total Liabilities: $422,026
  • Net Assets: $137,815,539

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Programs

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

MEDICARE REIMBURSEMENTS

Revenue

$2,054,184

Organization Details

Founding Year

2008

Principal Officer

Micheal W Buckner

Main Address

2121 K STREET NW Suite 350, WASHINGTON, DC, 200371879

NTEE Category

Code: Y44 - Mutual benefit

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