Overview
What is Automobile Mechanics' Local No 701 Union And Industry Welfare?
Automobile Mechanics' Local No 701 Union And Industry Welfare is a nonprofit organization located in Burr Ridge, Illinois, with a workforce of twenty individuals. Their primary mission is to extend essential benefits, including medical, dental, vision, life, and disability coverage, to eligible participants and their dependents. This union and industry welfare aims to improve the overall wellbeing and security of its members.
Is Automobile Mechanics' Local No 701 Union And Industry Welfare legitimate?
Automobile Mechanics' Local No 701 Union And Industry Welfare is a legitimate nonprofit organization registered as a 501(c)(9) entity. Automobile Mechanics' Local No 701 Union And Industry Welfare 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: $561,512
Professional Fundraising Fees: $0
Other Salaries and Wages: $737,931
For more financial information, click here
What is the mission statement of Automobile Mechanics' Local No 701 Union And Industry Welfare?
This union welfare organization, known as Automobile Mechanics' Local No 701, is dedicated to providing essential benefits to eligible participants and their beneficiaries. Their primary mission encompasses offering medical, dental, vision, life, and disability coverage. These benefits aim to ensure the wellbeing and financial security of those connected to the automobile mechanics industry. By providing these vital services, the organization strives to enhance the lives of its members and their dependents, bringing peace of mind and stability during times of need.
Who is the CEO of Automobile Mechanics' Local No 701 Union And Industry Welfare?
Jenny Earth-Gillund is the Trustee of Automobile Mechanics' Local No 701 Union And Industry Welfare.
What is the revenue of Automobile Mechanics' Local No 701 Union And Industry Welfare?
Automobile Mechanics' Local No 701 Union And Industry Welfare's revenue in 2022 was $101,290,564.
Who are the executives of Automobile Mechanics' Local No 701 Union And Industry Welfare and what are their salaries?
The average compensation at Automobile Mechanics' Local No 701 Union And Industry Welfare during 2022 was $64,972. There are 20 employees at Automobile Mechanics' Local No 701 Union And Industry Welfare.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $103,120
- Other: $30,699
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $167,952
- Other: $65,152
- Compensation: $281,220
- Related: $0
- Other: $57,765
- Compensation: $175,349
- Related: $0
- Other: $47,178
- Compensation: $118,112
- Related: $0
- Other: $41,454
Where can I find the form 990 for Automobile Mechanics' Local No 701 Union And Industry Welfare?
Automobile Mechanics' Local No 701 Union And Industry Welfare's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Automobile Mechanics' Local No 701 Union And Industry Welfare
Automobile Mechanics' Local No 701 Union And Industry Welfare, a notable organization, is dedicated to extending essential benefits to eligible participants and their beneficiaries. In simpler terms, this union welfare aims to improve the quality of life for its members by offering medical, dental, vision, life, and disability coverage.
By focusing on these critical areas of health and wellbeing, Automobile Mechanics' Local No 701 Union And Industry Welfare ensures that its members have access to vital resources that can significantly impact their overall health and financial security. The organization's commitment to providing these benefits is unwavering, making it an essential support system for the eligible participants and their families.
In essence, Automobile Mechanics' Local No 701 Union And Industry Welfare functions as a safety net, providing peace of mind to its members during challenging times. Through its comprehensive benefits package, the organization empowers individuals to focus on their wellbeing, without the added burden of worrying about their medical, dental, or vision expenses.
This commitment to enhancing the lives of its members is a testament to the organization's mission and its unwavering dedication to making a difference. Automobile Mechanics' Local No 701 Union And Industry Welfare remains an integral part of the community, ensuring that its members have access to the resources they need to thrive.
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Impact
October, 2024
The Automobile Mechanics' Local No 701 Union And Industry Welfare significantly impacts its members and their families by offering essential benefits such as medical, dental, vision, life, and disability coverage. This support enhances the overall quality of life for eligible participants, alleviating financial burdens associated with healthcare and unforeseen circumstances. By ensuring access to comprehensive benefits, the union fosters a sense of security among its members, allowing them to focus on their work and personal lives without the added stress of potential medical costs. The provision of these benefits also strengthens community ties and improves job satisfaction, contributing to a more stable and productive workforce in the automotive industry. Additionally, families of members benefit from this safety net, creating a ripple effect that enhances well-being in the broader community. Overall, the union’s focus on mutual benefit fosters a supportive environment that prioritizes the health and stability of its members and their beneficiaries.
This information is meant to be a general summary of Automobile Mechanics' Local No 701 Union And Industry Welfare. 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: -$3,619,768
- Program Service Revenue: $104,784,449
- Gross Receipts: $337,551,894
Assets and Liabilities:
- Total Assets: $233,354,268
- Total Liabilities: $13,316,844
- Net Assets: $220,037,424
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$99,415,474
PARTICIPANT CONTRIBUTI
Revenue
$2,618,195
PRESCRIPTIONS REBATES
Revenue
$1,346,627
REIMBURSED SHARED EXPE
Revenue
$837,334
COBRA SUBSIDY
Revenue
$350,129
Organization Details
Founding Year
1956
Phone
(708) 482-0110Principal Officer
Jenny Earth-Gillund
Main Address
361 S FRONTAGE ROAD, BURR RIDGE, IL, 605276393
NTEE Category
Code: Y40 - Mutual benefit
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