Overview
What is Administrative District Council 1 Welfare Fund?
Administrative District Council 1 Welfare Fund, located in Elmhurst, Illinois, is a nonprofit organization dedicated to delivering health benefits to eligible individuals and their dependents. This fund, which is part of BAC Administrative District Council 1 of Illinois, offers essential medical coverage and death benefits under its mission. The organization's programs ensure access to crucial healthcare services, ultimately enhancing the well-being of the community it serves.
What are the reviews and ratings of this charity?
The Administrative District Council 1 Welfare Fund is not currently rated by Charity Navigator. This absence of a rating is not indicative of the organization's performance but rather reflects its non-eligibility for evaluation under Charity Navigator's criteria, primarily because it is not a 501(c)(3) registered nonprofit. Therefore, typical financial and accountability metrics used in these evaluations are not applicable.
The organization does not have available data on total revenue and expenses or salary of key persons, as it has not filed the necessary forms required for such disclosures. Historical ratings, which mainly focused on Accountability and Finance, also cannot be retroactively applied due to the lack of IRS registration under the qualifying category.
There are no user reviews available from GreatNonprofits for the Administrative District Council 1 Welfare Fund. Therefore, public sentiment specific to this organization cannot be assessed through this platform. Feedback from beneficiaries or stakeholders might provide more context but is currently unavailable.
This AI summary has been generated from information found on Charity Navigator.
Is Administrative District Council 1 Welfare Fund legitimate?
Administrative District Council 1 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Administrative District Council 1 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: $238,179
Professional Fundraising Fees: $0
Other Salaries and Wages: $850,655
For more financial information, click here
What is the mission statement of Administrative District Council 1 Welfare Fund?
The Administrative District Council 1 Welfare Fund, based in Illinois, is dedicated to extending health benefits to eligible individuals. Through its mission, the organization offers medical coverage and death benefits to participants and their dependents. The primary goal is to ensure access to essential health services for those who qualify. The benefits provided aim to enhance the overall well-being and quality of life of the recipients. The organization's commitment to providing health benefits not only fosters better health outcomes but also brings peace of mind to those it serves.
Who is the CEO of Administrative District Council 1 Welfare Fund?
Michael Volpentesta is the Trustee of Administrative District Council 1 Welfare Fund.
What is the revenue of Administrative District Council 1 Welfare Fund?
Administrative District Council 1 Welfare Fund's revenue in 2023 was $32,359,789.
Who are the executives of Administrative District Council 1 Welfare Fund and what are their salaries?
The average compensation at Administrative District Council 1 Welfare Fund during 2023 was $77,774. There are 14 employees at Administrative District Council 1 Welfare Fund.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $137,231
- Other: $99,430
- Compensation: $0
- Related: $137,506
- Other: $99,430
- Compensation: $130,092
- Related: $10,072
- Other: $97,161
- Compensation: $0
- Related: $120,821
- Other: $99,430
- Compensation: $0
- Related: $194,830
- Other: $107,342
- Compensation: $0
- Related: $239,108
- Other: $113,934
- Compensation: $182,139
- Related: $0
- Other: $53,948
Where can I find the form 990 for Administrative District Council 1 Welfare Fund?
Administrative District Council 1 Welfare Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Administrative District Council 1 Welfare Fund
The Administrative District Council 1 Welfare Fund, a nonprofit organization, is dedicated to extending health benefits to eligible individuals and their dependents. Based on the information provided, the mission of this fund can be summarized as follows:
The Administrative District Council 1 Welfare Fund, headquartered in Illinois, has set forth a significant objective to offer medical and death benefits to those who meet the eligibility requirements and their dependents. The scope of their work extends beyond just providing benefits. Their initiatives are geared towards enhancing the overall wellbeing and health of the people they serve.
This nonprofit organization places a strong emphasis on ensuring access to essential healthcare services for its beneficiaries. By offering medical benefits, the Administrative District Council 1 Welfare Fund plays a crucial role in promoting preventative care and managing chronic conditions, leading to improved health outcomes and overall quality of life. Furthermore, by providing death benefits, the organization offers a safety net for families during their time of need, alleviating financial burdens and allowing them to focus on grieving and healing.
In essence, the Administrative District Council 1 Welfare Fund serves as a vital resource for individuals and families who require support in accessing necessary healthcare services. Their commitment to providing health benefits not only ensures that those in need receive the care they require, but also fosters a healthier community overall.
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Impact
October, 2024
The Administrative District Council 1 Welfare Fund significantly enhances the well-being of its members and their families by providing essential health benefits. Located in Elmhurst, IL, the Fund’s programs are designed to address the medical needs of eligible participants and their dependents. By offering medical and death benefits, it ensures financial support during critical times, alleviating the burden of healthcare costs. This impact not only improves individual health outcomes but also fosters a sense of security and stability within the community, allowing participants to focus on their work and families without the constant worry of financial strain from medical expenses. Ultimately, the Welfare Fund serves as a vital resource, promoting mutual benefit and enhancing the quality of life for its members.
This information is meant to be a general summary of Administrative District Council 1 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 2023.
- Investment Income: $1,973,759
- Program Service Revenue: $30,352,961
- Gross Receipts: $36,953,977
Assets and Liabilities:
- Total Assets: $139,295,537
- Total Liabilities: $325,779
- Net Assets: $138,969,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTOR CONTRIBUTIONS
Revenue
$25,450,908
PRESCRIPTION DRUG REBATES
Revenue
$2,704,714
REIMB. OF SHARED EXPENSES FROM RE
Revenue
$997,297
RETIRED MEMBERS' CONTRIBUTIONS
Revenue
$705,675
STOP-LOSS INSURANCE PROCEEDS
Revenue
$128,864
Organization Details
Founding Year
1950
Phone
(630) 617-8600Principal Officer
Michael Volpentesta
Main Address
660 N INDUSTRIAL DRIVE 100, ELMHURST, IL, 60126
NTEE Category
Code: Y40 - Mutual benefit
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