Welfare Fund Of Local - 293

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

EIN: 346535474 ✦ Independence, OH ✦ Designated as a 501(c)(9)

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Overview

What is Welfare Fund Of Local - 293?

Welfare Fund of Local - 293 is a nonprofit organization situated in Independence, Ohio. Its primary mission is to offer comprehensive health and welfare benefits to eligible employees of contributing employers. These benefits encompass sickness, accidents, medical, dental, prescription, vision, and even death coverage. The organization operates with a focus on providing support to its members, ensuring they have access to necessary healthcare services during challenging times. With a limited employee count of one, Welfare Fund of Local - 293 plays a significant role in safeguarding the well-being of its contributing employers' workforce.

Is Welfare Fund Of Local - 293 legitimate?

Welfare Fund Of Local - 293 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Welfare Fund Of Local - 293 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: $10,000

For more financial information, click here

What is the mission statement of Welfare Fund Of Local - 293?

Welfare Fund Of Local - 293 is committed to providing health and welfare benefits to eligible employees of contributing employers. This includes coverage for sickness, accidents, medical needs, dental care, prescription drugs, vision care, and even death benefits. The organization's mission is to ensure the well-being of its members by offering these comprehensive benefits, aiming to support them during various health-related situations.

Who is the CEO of Welfare Fund Of Local - 293?

Michael H Zemla is the Union Trustee of Welfare Fund Of Local - 293.

What is the revenue of Welfare Fund Of Local - 293?

Welfare Fund Of Local - 293's revenue in 2022 was $5,583,644.

Who are the executives of Welfare Fund Of Local - 293 and what are their salaries?

The average compensation at Welfare Fund Of Local - 293 during 2022 was $10,000. There is 1 employee at Welfare Fund Of Local - 293.


Here are 7 key members and their salaries:


Bruce Osborne Jr (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Tyrrell (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael H Zemla (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Benvenuto (Employer-Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Len Ganley (Employer-Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Schroeder (Employer-Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Steigel (Employer-Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Welfare Fund Of Local - 293?

Welfare Fund Of Local - 293's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Welfare Fund Of Local - 293

Welfare Fund Of Local - 293 is an organization committed to providing comprehensive health and welfare benefits to eligible employees of contributing employers. Their mission is to extend coverage for a wide range of medical needs, including sickness, accidents, medical treatments, dental care, prescription medications, vision care, and even death benefits. By offering these benefits, Welfare Fund Of Local - 293 plays a crucial role in ensuring the well-being of its members, providing them with the necessary support during challenging health situations. The organization's mission is carried out by providing these benefits to eligible employees, thereby contributing to their overall health and peace of mind.

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Impact




October, 2024

The Welfare Fund of Local - 293 significantly enhances the quality of life for its eligible members by providing essential health and welfare benefits. This includes coverage for medical, dental, vision, and prescription needs, as well as support in the case of sickness, accidents, and even death. By offering these benefits, the fund ensures that employees of contributing employers have access to critical healthcare services, thereby promoting their overall well-being and financial security.

The impact is particularly evident in the peace of mind it affords members and their families, knowing that they have a safety net in times of health crises or emergencies. This support not only aids individuals in navigating medical expenses but also fosters a more productive workforce, as employees can focus on their jobs without the constant worry of healthcare costs. Furthermore, the availability of such comprehensive benefits contributes to greater overall community health, making it a crucial resource in the city of Independence, OH.




This information is meant to be a general summary of Welfare Fund Of Local - 293. 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
$5,583,644 (2022)
Expenses
$4,767,724 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $79,106
  • Program Service Revenue: $5,504,538
  • Gross Receipts: $10,354,428

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$5,451,390

INDIVIDUAL CONTRIBUTIONS

Revenue

$53,148

Organization Details

Founding Year

1951

Principal Officer

Michael H Zemla

Main Address

5505 VALLEY BELT ROAD UNIT D, INDEPENDENCE, OH, 441311447

NTEE Category

Code: Y40 - Mutual benefit

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