Overview
What is Plumbers & Pipefitters Local 162 Health & Insurance Fund?
Plumbers & Pipefitters Local 162 Health & Insurance Fund is a nonprofit organization situated in Dayton, Ohio. Its primary mission is to offer self-funded health insurance benefits to eligible participants, including members, retirees, and their dependents, who are part of Plumbers and Pipefitters' Local 162. The organization aims to provide comprehensive health and prescription drug benefits to its covered members, retirees, and their dependents. With a modest workforce of 11 individuals, Plumbers & Pipefitters Local 162 Health & Insurance Fund is dedicated to ensuring the health and well-being of its members and their families.
Is Plumbers & Pipefitters Local 162 Health & Insurance Fund legitimate?
Plumbers & Pipefitters Local 162 Health & Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers & Pipefitters Local 162 Health & Insurance 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:
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What is the mission statement of Plumbers & Pipefitters Local 162 Health & Insurance Fund?
The Plumbers & Pipefitters Local 162 Health & Insurance Fund is committed to providing health and prescription drug benefits. This mission is extended to covered members, retirees, and their dependents. In essence, the fund offers self-funded health insurance benefits to eligible participants, including dependents and retirees of Plumbers and Pipefitters' Local 162.
What is the revenue of Plumbers & Pipefitters Local 162 Health & Insurance Fund?
Plumbers & Pipefitters Local 162 Health & Insurance Fund's revenue in 2024 was $12,419,994.
Who are the executives of Plumbers & Pipefitters Local 162 Health & Insurance Fund and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Plumbers & Pipefitters Local 162 Health & Insurance Fund?
Plumbers & Pipefitters Local 162 Health & Insurance Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Plumbers & Pipefitters Local 162 Health & Insurance Fund
Plumbers & Pipefitters Local 162 Health & Insurance Fund is committed to delivering health and prescription drug benefits to its covered members, retirees, and their dependents. This nonprofit organization operates with the primary objective of providing self-funded health insurance benefits to eligible participants, their dependents, and retirees associated with Plumbers and Pipefitters' Local 162. The mission of this fund is centered around ensuring the well-being of its members, providing them with essential healthcare coverage and prescription drug benefits, thereby contributing to their overall health and wellness.
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Impact
October, 2024
Plumbers & Pipefitters Local 162 Health & Insurance Fund plays a crucial role in enhancing the well-being of its community by providing essential health and prescription drug benefits to its covered members, retirees, and their dependents. By offering self-funded health insurance benefits to eligible participants, the Fund ensures that its members have access to necessary medical services and medications, which is vital for maintaining their overall health and productivity.
Operating out of Dayton, Ohio, the Fund fosters a safety net for those in the plumbing and pipefitting trades, addressing the unique health needs that may arise in these physically demanding professions. Its mission directly impacts the lives of participants by alleviating financial burdens associated with healthcare, allowing members to focus on their work and family without the constant worry of medical expenses.
This initiative not only supports individual health but also contributes to the collective strength of the workforce, promoting a healthier, more resilient community. The Fund exemplifies a commitment to mutual benefit, ensuring that those who dedicate their careers to these vital trades receive the coverage they deserve, thus enhancing quality of life and job satisfaction for many families in the region.
This information is meant to be a general summary of Plumbers & Pipefitters Local 162 Health & Insurance 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $296,775
- Program Service Revenue: $12,121,043
- Gross Receipts: $12,419,994
Assets and Liabilities:
- Total Assets: $7,536,248
- Total Liabilities: $0
- Net Assets: $7,536,248
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$11,864,819
EMPLOYEE CONTRIBUTIONS
Revenue
$256,224
Organization Details
Founding Year
1961
Principal Officer
Mel Cox
NTEE Category
Code: Y40 - Mutual benefit
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