Pipe Fitters Local 120 Insurance Fund

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

EIN: 340747441 ✦ Cleveland, OH ✦ Designated as a 501(c)(9)

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 not tax deductible.

Here 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?
Who is the CEO of Pipe Fitters Local 120 Insurance Fund?
What is the revenue of Pipe Fitters Local 120 Insurance Fund?
Who are the executives of Pipe Fitters Local 120 Insurance Fund and what are their salaries?
Where can I find the form 990 for Pipe Fitters Local 120 Insurance Fund?

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.

Impact

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.




Thursday, August 15, 2024

Pipe Fitters Local 120 Insurance Fund's impact is significant in providing health and welfare benefits to its members. This organization plays a crucial role in ensuring that individuals represented by Pipe Fitters Local Union No. 120, primarily in Northeastern Ohio, have access to essential health benefits such as medical, hospital, surgical, vision, and dental coverage. Additionally, the fund offers life insurance coverage, short-term disability benefits, and death benefits to qualifying members and their dependents. By offering these vital benefits, Pipe Fitters Local 120 Insurance Fund positively impacts the well-being and livelihood of its members, contributing to their overall quality of life and financial security.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

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
  • 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

    Principal Officer

    Donald Ols

    Main Address

    6305 HALLE DRIVE, CLEVELAND, OH, 44125

    NTEE Category

    Code: Y40 - Mutual benefit

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