Pipe Fitters' Welfare Fund Local 597

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

EIN: 362141703 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

Overview

What is Pipe Fitters' Welfare Fund Local 597?

Pipe Fitters' Welfare Fund Local 597 is a Chicago-based nonprofit organization dedicated to providing comprehensive health benefits to its eligible participants and their dependents. With a team of 158 employees, they offer a range of coverage, including healthcare, death and disability benefits, dental, vision, prescription drugs, and accidental death and dismemberment benefits. Their mission is to ensure the wellbeing of pipe fitters by addressing their healthcare needs and promoting overall health and wellness within the community.


Official website here: www.pf597.org

Is Pipe Fitters' Welfare Fund Local 597 legitimate?

Pipe Fitters' Welfare Fund Local 597 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pipe Fitters' Welfare Fund Local 597 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: $152,839
Professional Fundraising Fees: $0
Other Salaries and Wages: $787,276

For more financial information, click here


Official website here: www.pf597.org

What is the mission statement of Pipe Fitters' Welfare Fund Local 597?

The Pipe Fitters' Welfare Fund Local 597 is dedicated to providing health benefits for eligible participants and their dependents. This organization offers a range of health-related services, including healthcare coverage, death and disability benefits, dental, vision, prescription drug, and accidental death and dismemberment benefits. The mission of the Pipe Fitters' Welfare Fund Local 597 is to ensure that those in need have access to essential healthcare resources and support. By providing these benefits, the organization aims to improve the overall wellbeing and quality of life for the eligible members and their families.


Official website here: www.pf597.org

Who is the CEO of Pipe Fitters' Welfare Fund Local 597?

Christopher Hernandez is the Trustee of Pipe Fitters' Welfare Fund Local 597.


Official website here: www.pf597.org

What is the revenue of Pipe Fitters' Welfare Fund Local 597?

Pipe Fitters' Welfare Fund Local 597's revenue in 2022 was $167,682,021.


Official website here: www.pf597.org

Who are the executives of Pipe Fitters' Welfare Fund Local 597 and what are their salaries?

The average compensation at Pipe Fitters' Welfare Fund Local 597 during 2022 was $5,950. There are 158 employees at Pipe Fitters' Welfare Fund Local 597.

Here are 11 key members and their salaries:

    Christopher Hernandez (Trustee)
  • Compensation: $0
  • Related: $276,243
  • Other: $142,628

    • Dennis Hahney (Trustee)
  • Compensation: $0
  • Related: $235,497
  • Other: $132,953

    • Timothy Gillooley (Trustee (New))
  • Compensation: $0
  • Related: $216,687
  • Other: $129,863

    • Kevin Morrissey (Trustee (Past))
  • Compensation: $0
  • Related: $224,344
  • Other: $89,990

    • Monte Kimes (Trustee (New))
  • Compensation: $0
  • Related: $221,202
  • Other: $79,291

    • Nichole Linhardt (Administrator)
  • Compensation: $236,159
  • Related: $0
  • Other: $42,493

    • Michael Maloney (Trustee (Past))
  • Compensation: $97,317
  • Related: $15,216
  • Other: $42,344

    • Brian Helm (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Pittas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Mccauley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Rayburn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pf597.org

    Where can I find the form 990 for Pipe Fitters' Welfare Fund Local 597?

    The Pipe Fitters' Welfare Fund Local 597’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pf597.org

    Learn more at the official website: www.pf597.org

    Mission Statement of Pipe Fitters' Welfare Fund Local 597

    Pipe Fitters' Welfare Fund Local 597, a prominent organization, is dedicated to extending health benefits to its eligible participants and their dependents. The nonprofit's primary mission is to ensure the wellbeing of pipe fitters by providing comprehensive healthcare coverage, as well as death and disability benefits.

    In more detail, this welfare fund offers a wide range of health-related services to its members. These include access to medical, dental, and vision care, along with prescription drug coverage. Moreover, the organization extends its reach by providing accidental death and dismemberment benefits to those in need. By offering these extensive benefits, Pipe Fitters' Welfare Fund Local 597 aims to enhance the overall quality of life for its members and their families.

    The nonprofit's commitment to its members doesn't stop at providing basic healthcare services. It also takes pride in offering additional benefits that cater to various aspects of their lives. This holistic approach to supporting its members is a testament to Pipe Fitters' Welfare Fund Local 597's dedication to ensuring the wellbeing and peace of mind of its valued participants.

    Impact

    This information is meant to be a general summary of Pipe Fitters' Welfare Fund Local 597. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Pipe Fitters' Welfare Fund Local 597 has a significant impact on the lives of its members by providing crucial health benefits to eligible participants and their dependents. These benefits include health care, death and disability benefits, dental, vision, prescription drug, and accidental death and dismemberment benefits. By offering these essential services, the fund helps ensure that its members have access to necessary healthcare services and financial protection in case of emergencies. Overall, the fund plays a vital role in supporting the well-being and security of pipe fitters and their families in the Chicago area.





    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: $718,754
  • Program Service Revenue: $166,949,538
  • Gross Receipts: $487,801,646

    • Assets and Liabilities:
  • Total Assets: $293,603,988
  • Total Liabilities: $1,817,932
  • Net Assets: $291,786,056
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $132,960,337

    PRESCRIPTION DRUG REBATES AND SUB

    Revenue

    $19,228,300

    PARTICIPANT SELF PAYMENTS

    Revenue

    $14,199,917

    COBRA RELIEF

    Revenue

    $337,862

    LIQUIDATED DAMAGES

    Revenue

    $223,122

    Organization Details

    Founding Year

    1949

    Principal Officer

    Christopher Hernandez

    Main Address

    45 NORTH OGDEN AVENUE, CHICAGO, IL, 60607

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Pipe Fitters' Welfare Fund Local 597 and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.