Overview
What is Local 734 Welfare Fund?
The Local 734 Welfare Fund is a Chicago, Illinois-based nonprofit organization that offers support to eligible individuals and their dependents through a range of benefits. Their primary mission is to safeguard the health and well-being of their members, providing comprehensive coverage for medical, dental, vision, and disability-related needs. This includes protection in the event of unforeseen incidents like death, ensuring that beneficiaries can maintain their quality of life despite such hardships. The Fund's services extend beyond financial aid, offering a supportive network for all eligible participants.
Official website here: www.bakerydrivers-local734.com
Is Local 734 Welfare Fund legitimate?
Local 734 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 734 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: $28,827
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,622
For more financial information, click here
Official website here: www.bakerydrivers-local734.com
What is the mission statement of Local 734 Welfare Fund?
The Local 734 Welfare Fund, in its mission, focuses on providing health benefits to eligible participants and their dependents. This includes coverage for medical needs, dental care, vision services, as well as death and disability benefits. The primary objective of this fund is to ensure the well-being of its participants, providing them with essential healthcare support. The Local 734 Welfare Fund serves as a crucial resource, offering a safety net for its members in times of medical need.
Official website here: www.bakerydrivers-local734.com
Who is the CEO of Local 734 Welfare Fund?
Scott Kunz is the Former Trustee of Local 734 Welfare Fund.
Official website here: www.bakerydrivers-local734.com
What is the revenue of Local 734 Welfare Fund?
Local 734 Welfare Fund's revenue in 2022 was $8,774,765.
Official website here: www.bakerydrivers-local734.com
Who are the executives of Local 734 Welfare Fund and what are their salaries?
The average compensation at Local 734 Welfare Fund during 2022 was $20,431. There are 8 employees at Local 734 Welfare Fund.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $98,313
- Other: $24,960
- Compensation: $0
- Related: $101,951
- Other: $24,960
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $87,921
- Other: $24,960
- Compensation: $22,000
- Related: $1,500
- Other: $11,040
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $5,600
- Other: $0
- Compensation: $0
- Related: $17,908
- Other: $1,920
- Compensation: $112,500
- Related: $0
- Other: $25,440
Official website here: www.bakerydrivers-local734.com
Where can I find the form 990 for Local 734 Welfare Fund?
Local 734 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bakerydrivers-local734.com
Learn more at the official website: www.bakerydrivers-local734.com
Mission Statement of Local 734 Welfare Fund
The Local 734 Welfare Fund, in its mission, focuses on providing essential health benefits to eligible participants and their dependents. This nonprofit organization offers a range of services, including healthcare, dental care, vision support, and provisions for death and disability. By extending these benefits, the Local 734 Welfare Fund aims to contribute positively to the well-being of its participants, ensuring they have access to the necessary medical services they require.
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Impact
October, 2024
The Local 734 Welfare Fund significantly impacts the health and well-being of participants and their families in Chicago, IL, by providing comprehensive health care, dental, and vision benefits. Its focus on supporting eligible individuals through death and disability benefits ensures that members have financial security during challenging times. By addressing essential health needs, the Fund plays a crucial role in enhancing the quality of life for its participants, allowing them to focus on their work and families without the added stress of healthcare uncertainties. This mutual benefit fosters a strong sense of community and support among participants, contributing to their overall stability and resilience.
This information is meant to be a general summary of Local 734 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 2022.
- Investment Income: $9,673
- Program Service Revenue: $8,716,465
- Gross Receipts: $16,052,104
Assets and Liabilities:
- Total Assets: $15,365,096
- Total Liabilities: $651,004
- Net Assets: $14,714,092
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$8,295,126
PARTICIPANT CONTRIBUTIONS
Revenue
$421,339
Organization Details
Founding Year
1954
Phone
(773) 594-2810Principal Officer
Scott Kunz
Main Address
6643 NORTH NORTHWEST HIGHWAY, CHICAGO, IL, 60631
NTEE Category
Code: Y40 - Mutual benefit
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