Sheet Metal Workers Local 73 Welfare Fund

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

EIN: 362145881 ✦ Hillside, IL ✦ Designated as a 501(c)(9)

Overview

What is Sheet Metal Workers Local 73 Welfare Fund?

The Sheet Metal Workers Local 73 Welfare Fund is a non-profit organization based in Hillside, IL, dedicated to offering health benefits to its members. This charitable entity provides essential health, dental, and life coverage to eligible participants and their beneficiaries. By focusing on these vital services, the Sheet Metal Workers Local 73 Welfare Fund plays a significant role in securing the well-being of its members.


Official website here: www.sm73funds.org

Is Sheet Metal Workers Local 73 Welfare Fund legitimate?

Sheet Metal Workers Local 73 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sheet Metal Workers Local 73 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $279,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,003,290

For more financial information, click here


Official website here: www.sm73funds.org

What is the mission statement of Sheet Metal Workers Local 73 Welfare Fund?

The Sheet Metal Workers Local 73 Welfare Fund is a non-profit organization dedicated to extending health benefits to its members. Through its initiatives, the organization ensures the availability of comprehensive health, dental, and life coverage for eligible participants and their beneficiaries. The Sheet Metal Workers Local 73 Welfare Fund's primary goal is to promote the well-being and health of its members. The organization focuses on delivering essential health services to secure a better quality of life for those it serves. By providing these benefits, the Sheet Metal Workers Local 73 Welfare Fund contributes to the overall well-being and peace of mind of its members.


Official website here: www.sm73funds.org

Who is the CEO of Sheet Metal Workers Local 73 Welfare Fund?

Raymond Suggs is the Trustee of Sheet Metal Workers Local 73 Welfare Fund.


Official website here: www.sm73funds.org

What is the revenue of Sheet Metal Workers Local 73 Welfare Fund?

Sheet Metal Workers Local 73 Welfare Fund's revenue in 2022 was $58,026,443.


Official website here: www.sm73funds.org

Who are the executives of Sheet Metal Workers Local 73 Welfare Fund and what are their salaries?

The average compensation at Sheet Metal Workers Local 73 Welfare Fund during 2022 was $11,558. There are 111 employees at Sheet Metal Workers Local 73 Welfare Fund.

Here are 10 key members and their salaries:

    Raymond Suggs (Trustee)
  • Compensation: $0
  • Related: $229,491
  • Other: $134,616

    • Dan Ahern (Trustee)
  • Compensation: $0
  • Related: $197,989
  • Other: $122,881

    • Mike Vittorio (Trustee)
  • Compensation: $0
  • Related: $193,018
  • Other: $121,917

    • Patrick Ludvigsen (Administrator)
  • Compensation: $178,921
  • Related: $0
  • Other: $88,361

    • Donna Parzynski (Director Of Operations)
  • Compensation: $123,489
  • Related: $0
  • Other: $39,856

    • Diana Maslanka (Welfare Department Manager)
  • Compensation: $106,694
  • Related: $0
  • Other: $35,994

    • James Feinberg (Assistant Administrator)
  • Compensation: $101,736
  • Related: $0
  • Other: $35,949

    • James S Billard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Beukema (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Adolfs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sm73funds.org

    Where can I find the form 990 for Sheet Metal Workers Local 73 Welfare Fund?

    The Sheet Metal Workers Local 73 Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sm73funds.org

    Learn more at the official website: www.sm73funds.org

    Mission Statement of Sheet Metal Workers Local 73 Welfare Fund

    The Sheet Metal Workers Local 73 Welfare Fund is a dedicated non-profit organization that extends essential health benefits to its eligible members. With a clear mission to support the wellbeing of its community, the Fund offers a range of programs designed to enhance the quality of life for its participants. At the heart of these initiatives are health, dental, and life benefits, which are vital for ensuring the overall well-being of the members.

    Based in Hillside, IL, the Sheet Metal Workers Local 73 Welfare Fund is committed to prioritizing the health and wellness of its members. By providing these essential benefits, the organization plays a crucial role in promoting a healthy and productive workforce. The programs offered by the Fund are carefully designed to meet the diverse needs of its members, ensuring that comprehensive coverage is accessible to all.

    The Sheet Metal Workers Local 73 Welfare Fund stands as a beacon of hope for those in need of crucial health benefits. Its unwavering dedication to the welfare of its members is a testament to its mission and values. By extending these benefits, the organization is able to contribute to the overall health and wellbeing of its community, empowering its members to lead fulfilling lives.

    Impact

    This information is meant to be a general summary of Sheet Metal Workers Local 73 Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Sheet Metal Workers Local 73 Welfare Fund has a significant impact on its members by providing essential health benefits such as medical, dental, and life insurance coverage. Through its programs, the organization ensures that eligible participants and beneficiaries have access to quality healthcare services, helping to promote the well-being and stability of its members and their families. By offering these crucial benefits, the Sheet Metal Workers Local 73 Welfare Fund plays a vital role in supporting the health and financial security of its members, contributing to their overall quality of life.





    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: $2,639,156
  • Program Service Revenue: $55,086,060
  • Gross Receipts: $143,864,241

    • Assets and Liabilities:
  • Total Assets: $98,200,346
  • Total Liabilities: $2,079,928
  • Net Assets: $96,120,418
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $47,555,726

    RETIREE CONTRIBUTIONS

    Revenue

    $4,861,774

    MEDICARE PT. D REBATES

    Revenue

    $1,038,527

    REIMBURSED ADMINISTRAT

    Revenue

    $976,376

    COBRA CONTRIBUTIONS AN

    Revenue

    $653,657

    Organization Details

    Founding Year

    1950

    Principal Officer

    Raymond Suggs

    Main Address

    4530 W ROOSEVELT ROAD, HILLSIDE, IL, 60162

    NTEE Category

    Code: Y40 - Mutual benefit

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