Local No 4 Seiu Health And Welfare Fund

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

EIN: 362418276 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Local No 4 Seiu Health And Welfare Fund?

The Local No 4 SEIU Health and Welfare Fund is a Chicago-based nonprofit dedicated to offering health benefits to eligible participants. Their services encompass healthcare coverage, prescription drugs, accident and disability benefits, as well as life insurance. The organization is committed to improving the health and well-being of the community they serve.

What are the reviews and ratings of this charity?

The Local No 4 Seiu Health And Welfare Fund does not currently have a rating on Charity Navigator. This is partly due to its status as a non-501(c)(3) organization, which precludes it from being evaluated by Charity Navigator's typical methodologies that apply to tax-exempt, contribution-eligible nonprofits. The absence of a rating should not be seen as either an endorsement or criticism but rather a result of the organization's structural and registration attributes.

Because it is outside the typical scope of a 501(c)(3) nonprofit, certain data such as revenue, expenses, and salaries of key persons are not available. This limits the ability to assess the organization's operational transparency and financial health through traditional means. Charity Navigator's evaluation criteria reflect the challenges in acquiring comprehensive data for organizations not fitting the 501(c)(3) model.

Additionally, no user reviews for the Local No 4 Seiu Health And Welfare Fund were found on GreatNonprofits, which limits insights into individual experiences and stakeholder perceptions. With the lack of ratings and reviews, there remains an informational gap regarding the organization's impact and community contribution.


This AI summary has been generated from information found on Charity Navigator.

Is Local No 4 Seiu Health And Welfare Fund legitimate?

Local No 4 Seiu Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local No 4 Seiu Health And 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: $47,456
Professional Fundraising Fees: $0
Other Salaries and Wages: $585,246

For more financial information, click here

What is the mission statement of Local No 4 Seiu Health And Welfare Fund?

The Local No 4 SEIU Health and Welfare Fund is a committed organization that extends health benefits to eligible participants. They offer various types of coverage including healthcare services, prescription drugs, accident and disability insurance, and life insurance. The primary goal of the fund is to ensure the well-being of those it serves. Through these benefits, participants can access essential medical care and financial security in times of need. The organization's mission is focused on improving the health and overall well-being of its participants.

Who is the CEO of Local No 4 Seiu Health And Welfare Fund?

Paige Kelly is the Trustee of Local No 4 Seiu Health And Welfare Fund.

What is the revenue of Local No 4 Seiu Health And Welfare Fund?

Local No 4 Seiu Health And Welfare Fund's revenue in 2022 was $19,781,466.

Who are the executives of Local No 4 Seiu Health And Welfare Fund and what are their salaries?

The average compensation at Local No 4 Seiu Health And Welfare Fund during 2022 was $10,545. There are 60 employees at Local No 4 Seiu Health And Welfare Fund.


Here are 7 key members and their salaries:


Gregory Kelley (Trustee)
  • Compensation: $0
  • Related: $192,377
  • Other: $60,520
Myra Glassman (Trustee)
  • Compensation: $0
  • Related: $135,863
  • Other: $50,704
Paige Kelly (Trustee)
  • Compensation: $0
  • Related: $100,229
  • Other: $40,070
Marshall Mauer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Turofsky (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ephraim Vilenski (Trustee-New)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elnalyn Costa (Administrator)
  • Compensation: $145,926
  • Related: $0
  • Other: $34,611
Where can I find the form 990 for Local No 4 Seiu Health And Welfare Fund?

Local No 4 Seiu Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local No 4 Seiu Health And Welfare Fund

The Local No 4 SEIU Health and Welfare Fund is a committed organization dedicated to delivering essential health benefits to eligible participants. In simple terms, this Chicago-based fund focuses on ensuring access to healthcare, prescription medications, accident and disability insurance, and life insurance for its members.

The mission of the Local No 4 SEIU Health and Welfare Fund revolves around enhancing the wellbeing of its participants. Through its comprehensive range of benefits, the organization works towards addressing various health-related needs. From arranging healthcare services and prescription drugs to offering accident and disability benefits and life insurance, the Local No 4 SEIU Health and Welfare Fund plays a pivotal role in safeguarding the health and financial security of its members.

By providing these vital benefits, the Local No 4 SEIU Health and Welfare Fund empowers its participants to focus on their wellbeing, rather than worrying about the financial implications of healthcare costs. The organization's commitment to improving the lives of its members is reflected in its diverse offerings and dedication to ensuring access to essential services. With a strong focus on healthcare, the Local No 4 SEIU Health and Welfare Fund is a vital resource for those who depend on its services.

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Impact




October, 2024

Local No 4 SEIU Health and Welfare Fund significantly impacts the community by offering vital health benefits to eligible participants. Based in Chicago, IL, it provides comprehensive healthcare coverage, ensuring access to medical services and prescription drugs that are essential for maintaining health and well-being. The Fund also offers accident and disability benefits, which provide financial security during unforeseen events, as well as life insurance, safeguarding the families of its participants.

By covering these essential services, the Fund alleviates the financial burden associated with healthcare costs, allowing individuals and families to focus on their health rather than worrying about expenses. This support fosters a healthier workforce and contributes to overall community well-being, reinforcing the importance of accessible healthcare and financial security within the local population.




This information is meant to be a general summary of Local No 4 Seiu Health And 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.

Revenue
$19,781,466 (2022)
Expenses
$17,554,118 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $204,103
  • Program Service Revenue: $19,577,363
  • Gross Receipts: $20,901,047

Assets and Liabilities:

  • Total Assets: $10,889,298
  • Total Liabilities: $118,780
  • Net Assets: $10,770,518

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$17,151,465

PARTICIPANT CONTRIBUTIONS

Revenue

$1,791,925

PRESCRIPTION DRUG REBATES

Revenue

$404,133

LIQ DAMAGES, INTEREST, AND FEES

Revenue

$160,455

CLAIM REFUNDS AND FEES

Revenue

$69,385

Organization Details

Founding Year

1959

Principal Officer

Paige Kelly

Main Address

2229 SOUTH HALSTED STREET 122, CHICAGO, IL, 60608

NTEE Category

Code: Y40 - Mutual benefit

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