Overview
What is Pipe Fitters Local 120 Insurance Fund?
The Pipe Fitters Local 120 Insurance Fund is a nonprofit organization located primarily in northeastern Ohio, with its headquarters at 6305 Halle Drive, Cleveland, Ohio 44125. This organization operates as a defined benefit health and welfare plan, dedicated to providing essential benefits to members represented by Pipe Fitters Local Union No. 120. The scope of their services includes offering health benefits such as medical, hospital, surgical, vision, and dental coverage to eligible individuals and their dependents. Furthermore, the plan provides life insurance coverage, short-term disability benefits, and death benefits for those who qualify.
Is Pipe Fitters Local 120 Insurance Fund legitimate?
Pipe Fitters Local 120 Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pipe Fitters Local 120 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Pipe Fitters Local 120 Insurance Fund?
The Pipe Fitters Local 120 Insurance Fund is dedicated to providing health and welfare benefits to its members. This organization functions as a defined benefit health and welfare plan, extending coverage to individuals affiliated with Pipe Fitters Local Union No. 120. The plan encompasses a range of benefits including medical, hospital, surgical, vision, and dental services. Additionally, it offers life insurance, short-term disability benefits, and death benefits to eligible members. The mission of the fund is to ensure the wellbeing of its members by providing comprehensive coverage and essential benefits.
Who is the CEO of Pipe Fitters Local 120 Insurance Fund?
Donald Ols is the Fund Mgr & Fin Secy-Treas of Pipe Fitters Local 120 Insurance Fund.
What is the revenue of Pipe Fitters Local 120 Insurance Fund?
Pipe Fitters Local 120 Insurance Fund's revenue in 2022 was $18,545,143.
Who are the executives of Pipe Fitters Local 120 Insurance Fund and what are their salaries?
There 8 volunteers at Pipe Fitters Local 120 Insurance Fund.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $152,808
- Other: $90,756
- Compensation: $0
- Related: $87,934
- Other: $52,666
- Compensation: $0
- Related: $9,225
- Other: $0
- Compensation: $0
- Related: $6,808
- Other: $0
- Compensation: $0
- Related: $2,217
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pipe Fitters Local 120 Insurance Fund?
Pipe Fitters Local 120 Insurance Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pipe Fitters Local 120 Insurance Fund
Pipe Fitters Local 120 Insurance Fund is a health and welfare plan dedicated to extending essential benefits to members of Pipe Fitters Local Union No. 120, primarily based in the northeastern part of Ohio. The organization's mission is geared towards providing comprehensive health coverage, ensuring members and their dependents have access to a range of vital benefits.
In detail, Pipe Fitters Local 120 Insurance Fund is a defined benefit health and welfare plan that offers various benefits to those who meet the qualifications. The plan's extensive coverage includes medical, hospital, surgical, vision, and dental care, addressing the diverse health needs of its members. Furthermore, the organization extends crucial life insurance, short-term disability benefits, and death benefits, enhancing the overall well-being and security of those it serves.
By assembling a comprehensive suite of benefits, Pipe Fitters Local 120 Insurance Fund makes a significant difference in the lives of its members. The organization's commitment to health and well-being empowers individuals to focus on their personal and professional growth, secure in the knowledge that they and their loved ones are well-protected.
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Impact
October, 2024
The Pipe Fitters Local 120 Insurance Fund significantly impacts its members by providing essential health and welfare benefits. Located primarily in Cleveland, Ohio, it serves individuals represented by Pipe Fitters Local Union No. 120 in Northeastern Ohio. The organization offers a defined benefit health and welfare plan that includes comprehensive medical, hospital, surgical, vision, and dental coverage for eligible members and their dependents.
Additionally, the fund provides life insurance coverage, short-term disability benefits, and death benefits, ensuring that members have financial security during challenging times. This support not only enhances the well-being of members but also promotes stability within their families and the community. By prioritizing health and welfare, the Pipe Fitters Local 120 Insurance Fund plays a vital role in safeguarding the livelihoods and overall quality of life of those it serves.
This information is meant to be a general summary of Pipe Fitters Local 120 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 2022.
- Investment Income: $179,166
- Program Service Revenue: $18,365,977
- Gross Receipts: $36,236,645
Assets and Liabilities:
- Total Assets: $27,032,013
- Total Liabilities: $4,008,837
- Net Assets: $23,023,176
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$17,692,842
DRUG PLAN SUBSIDIES
Revenue
$474,916
REFUND OF BENEFITS
Revenue
$20,527
Organization Details
Founding Year
1953
Phone
(216) 447-4480Principal Officer
Donald Ols
Main Address
6305 HALLE DRIVE, CLEVELAND, OH, 44125
NTEE Category
Code: Y40 - Mutual benefit
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