Overview
What is Line Construction Benefit Fund?
The Line Construction Benefit Fund is a nonprofit organization based in Lombard, Illinois, with a US address located at 821 Parkview Boulevard. Their mission revolves around providing health and welfare benefits to eligible members, making it a vital support system for those in need. With a team of 92 employees, the organization functions as a health and welfare fund, dedicated to ensuring the well-being of its members.
Official website here: www.lineco.org
Is Line Construction Benefit Fund legitimate?
Line Construction Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Line Construction Benefit 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: $553,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,351,777
For more financial information, click here
Official website here: www.lineco.org
What is the mission statement of Line Construction Benefit Fund?
The Line Construction Benefit Fund serves the crucial role of extending health and welfare benefits to eligible members. The mission of this organization is centered around providing essential support, ensuring the well-being of those who qualify. The fund's primary goal is to make a difference in the lives of its members by delivering comprehensive health and welfare benefits. Through its unwavering commitment to this cause, it strives to improve the quality of life for those who depend on its services. The organization's reach extends beyond immediate assistance, also offering resources and assistance for various health and wellness needs, as well as other essential support services.
Official website here: www.lineco.org
What is the revenue of Line Construction Benefit Fund?
Line Construction Benefit Fund's revenue in 2023 was $1,097,489,316.
Official website here: www.lineco.org
Who are the executives of Line Construction Benefit Fund and what are their salaries?
The average compensation at Line Construction Benefit Fund during 2023 was $73,462. There are 94 employees at Line Construction Benefit Fund.
Here are 26 key members and their salaries:
- Compensation: $0
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- Related: $207,415
- Other: $53,012
- Compensation: $0
- Related: $189,014
- Other: $45,316
- Compensation: $0
- Related: $178,191
- Other: $57,540
- Compensation: $0
- Related: $147,932
- Other: $54,709
- Compensation: $0
- Related: $126,407
- Other: $47,244
- Compensation: $0
- Related: $137,745
- Other: $30,263
- Compensation: $0
- Related: $177,267
- Other: $56,962
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- Other: $0
- Compensation: $0
- Related: $207,186
- Other: $51,908
- Compensation: $0
- Related: $138,147
- Other: $45,029
- Compensation: $447,231
- Related: $0
- Other: $106,379
- Compensation: $189,288
- Related: $0
- Other: $57,055
- Compensation: $160,885
- Related: $0
- Other: $51,502
- Compensation: $147,054
- Related: $0
- Other: $48,334
- Compensation: $147,002
- Related: $0
- Other: $48,324
- Compensation: $129,119
- Related: $0
- Other: $44,585
Official website here: www.lineco.org
Where can I find the form 990 for Line Construction Benefit Fund?
Line Construction Benefit Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lineco.org
Learn more at the official website: www.lineco.org
Mission Statement of Line Construction Benefit Fund
The Line Construction Benefit Fund, a health and welfare organization, is dedicated to extending essential benefits to its eligible members. With a mission focused on health and welfare, this fund strives to improve the wellbeing of those it serves. It offers various coverage and services designed to support the physical and emotional needs of its members.
In practice, the Line Construction Benefit Fund works to enhance the lives of its members by providing comprehensive health and welfare benefits. By offering these crucial services, it ensures that the individuals it assists can focus on their personal growth and wellbeing, instead of being weighed down by health concerns or financial stress. Through its unwavering commitment to care, the organization creates a safety net that allows its members to thrive.
In summary, the Line Construction Benefit Fund is a health and welfare organization that extends vital benefits to its eligible members. With a mission centered around health and wellbeing, it offers essential services that empower its members to lead fulfilled lives, free from the burden of health concerns and financial stress.
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Impact
October, 2024
The Line Construction Benefit Fund significantly impacts the health and welfare of eligible members by providing essential benefits designed to support their well-being. By offering comprehensive health and welfare benefits, the Fund alleviates financial burdens associated with medical expenses, ensuring that members can access necessary healthcare services. This support fosters a healthier workforce within the line construction industry, promoting safety and productivity. Overall, the Fund's efforts contribute to enhanced quality of life for its members and their families, reinforcing the importance of mutual benefit in the community.
This information is meant to be a general summary of Line Construction Benefit 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: $23,156,730
- Program Service Revenue: $1,072,437,705
- Gross Receipts: $1,253,139,478
Assets and Liabilities:
- Total Assets: $1,544,321,727
- Total Liabilities: $15,309,674
- Net Assets: $1,529,012,053
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$979,471,986
PRESCRIPTION REBATES
Revenue
$55,254,793
PARTICIPANT CONTRIBUTI
Revenue
$27,072,674
MEDICARE PART D SUBSID
Revenue
$10,638,252
Organization Details
Founding Year
1963
Principal Officer
Kevin Chesniak
Website
www.lineco.orgNTEE Category
Code: Y40 - Mutual benefit
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