Overview
What is Plumbers & Pipefitters Local 172 Welfare Fund?
Plumbers & Pipefitters Local 172 Welfare Fund is a nonprofit organization dedicated to offering various health-related benefits to eligible participants. This includes medical, vision, dental, and prescription drug coverage, as well as disability benefits. The fund extends its support further by providing life, accidental death and dismemberment, and loss of sight insurance for its eligible members. The primary mission of this organization is to enhance the health and well-being of its participants.
Is Plumbers & Pipefitters Local 172 Welfare Fund legitimate?
Plumbers & Pipefitters Local 172 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers & Pipefitters Local 172 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 Plumbers & Pipefitters Local 172 Welfare Fund?
The Plumbers & Pipefitters Local 172 Welfare Fund's mission is centered around providing essential health benefits to eligible participants. This encompasses medical, vision, dental, and prescription drug coverage, as well as insurance for life, accidental death, dismemberment, and loss of sight. The objective of this fund is to ensure the well-being of its participants by offering these comprehensive health benefits.
What is the revenue of Plumbers & Pipefitters Local 172 Welfare Fund?
Plumbers & Pipefitters Local 172 Welfare Fund's revenue in 2024 was $11,196,285.
Who are the executives of Plumbers & Pipefitters Local 172 Welfare Fund and what are their salaries?
There are 14 employees at Plumbers & Pipefitters Local 172 Welfare Fund.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $59,880
- Other: $35,297
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $3,625
- Other: $0
- Compensation: $0
- Related: $54,638
- Other: $36,201
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $99,988
- Other: $70,124
Where can I find the form 990 for Plumbers & Pipefitters Local 172 Welfare Fund?
Plumbers & Pipefitters Local 172 Welfare Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Plumbers & Pipefitters Local 172 Welfare Fund
Plumbers & Pipefitters Local 172 Welfare Fund is dedicated to extending essential health benefits to its eligible participants. This nonprofit organization's primary mission involves offering comprehensive medical, vision, dental, and prescription drug coverage. Furthermore, it extends life, accidental death and dismemberment, and loss of sight insurance to its eligible participants. By providing these benefits, Plumbers & Pipefitters Local 172 Welfare Fund aims to ensure the well-being and security of its participants, contributing to their overall health and peace of mind.
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Impact
October, 2024
Plumbers & Pipefitters Local 172 Welfare Fund plays a crucial role in supporting the health and well-being of its eligible participants by providing a comprehensive range of benefits. These benefits include essential medical, vision, dental, and prescription drug coverage, which are vital for maintaining the health of individuals and their families.
Additionally, the fund offers disability benefits, ensuring financial support for those unable to work due to health issues. It further provides life insurance, accidental death and dismemberment insurance, and coverage for loss of sight, helping participants and their families navigate unforeseen circumstances.
Overall, the Welfare Fund significantly contributes to the financial security and quality of life for its members in Oak Brook, Illinois, fostering a sense of community and mutual benefit among those it serves.
This information is meant to be a general summary of Plumbers & Pipefitters Local 172 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: $457,857
- Program Service Revenue: $10,668,512
- Gross Receipts: $14,630,888
Assets and Liabilities:
- Total Assets: $16,620,734
- Total Liabilities: $52,201
- Net Assets: $16,568,533
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$8,869,056
PARTICIPANT CONTRIBUTIONS
Revenue
$1,150,656
PRESCRIPTION DRUG SUBSIDIES AND R
Revenue
$648,800
Organization Details
Founding Year
1959
Principal Officer
Dave Niezgodski
NTEE Category
Code: Y40 - Mutual benefit
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