Overview
What is Excavating & Building Matl Drivers Union Local 436 Welfare Fund?
Excavating & Building Material Drivers Union Local 436 Welfare Fund is a nonprofit organization based in Cleveland, Ohio. With just three employees, this organization provides major medical, life, prescription, and other benefits to eligible union members and their families. The benefits offered are outlined in their Summary Plan Description and are in accordance with the collective bargaining agreements negotiated with participating employers. The primary mission of this welfare fund is to support union members and their families, offering vital medical and related benefits.
Is Excavating & Building Matl Drivers Union Local 436 Welfare Fund legitimate?
Excavating & Building Matl Drivers Union Local 436 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Excavating & Building Matl Drivers Union Local 436 Welfare 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
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What is the mission statement of Excavating & Building Matl Drivers Union Local 436 Welfare Fund?
The Excavating & Building Material Drivers Union Local 436 Welfare Fund is dedicated to providing major medical, life, prescription, and other benefits to eligible union members and their families. The organization fulfills this mission by offering medical and related benefits as outlined in its summary plan description and adhering to collective bargaining agreements negotiated with participating employers. This welfare fund aims to support the well-being of union members and their families by offering comprehensive health and financial benefits.
What is the revenue of Excavating & Building Matl Drivers Union Local 436 Welfare Fund?
Excavating & Building Matl Drivers Union Local 436 Welfare Fund's revenue in 2024 was $33,488.
Who are the executives of Excavating & Building Matl Drivers Union Local 436 Welfare Fund and what are their salaries?
The average compensation at Excavating & Building Matl Drivers Union Local 436 Welfare Fund during 2024 was $69,846.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Excavating & Building Matl Drivers Union Local 436 Welfare Fund?
Excavating & Building Matl Drivers Union Local 436 Welfare Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Excavating & Building Matl Drivers Union Local 436 Welfare Fund
The Excavating & Building Materials Drivers Union Local 436 Welfare Fund is dedicated to providing substantial medical, life, prescription, and various other benefits to eligible union members and their families. This nonprofit organization fulfills its mission by offering benefits in accordance with its summary plan description and collective bargaining agreements negotiated with participating employers. By offering these benefits, the Excavating & Building Materials Drivers Union Local 436 Welfare Fund plays a crucial role in supporting union members and their families, ensuring they have access to essential healthcare services when they need them.
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Impact
October, 2024
The Excavating & Building Matl Drivers Union Local 436 Welfare Fund plays a crucial role in supporting the health and well-being of eligible union members and their families. By providing access to major medical, life, and prescription benefits, the Fund ensures that members receive essential healthcare services that might otherwise be unaffordable. This support alleviates the financial burden of medical expenses, allowing individuals to focus on their work and families without the stress of healthcare costs.
Furthermore, the organization's benefits are aligned with collective bargaining agreements negotiated with participating employers, reinforcing the partnership between workers and employers. This collaboration fosters a sense of community and mutual support within the union, enhancing job satisfaction and economic stability for members.
In a city like Cleveland, where many families face economic challenges, the Welfare Fund's offerings are indispensable. They not only promote physical health through medical coverage but also contribute to mental wellness by providing a safety net for members during difficult times. The impact of the Fund can be seen in the improved quality of life for union members, underscoring its importance in the labor landscape.
This information is meant to be a general summary of Excavating & Building Matl Drivers Union Local 436 Welfare 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: $58
- Program Service Revenue: $32,824
- Gross Receipts: $33,488
Assets and Liabilities:
- Total Assets: $1,640,793
- Total Liabilities: $250,252
- Net Assets: $1,390,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$32,824
Organization Details
Founding Year
1952
Principal Officer
Michael Wilcher
NTEE Category
Code: Y40 - Mutual benefit
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