Overview
What is Midwest Operating Engineers Welfare Fund?
The Midwest Operating Engineers Welfare Fund is a nonprofit organization dedicated to offering health benefits to its participants and their dependents. Through this charitable fund, individuals have access to medical, surgical, dental, accident, disability, death, prescription, and hospital benefits. By providing these essential health services, the Fund ensures the well-being and peace of mind for those it serves.
Official website here: www.moefunds.com
Is Midwest Operating Engineers Welfare Fund legitimate?
Midwest Operating Engineers Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Midwest Operating Engineers 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: $415,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,542,487
For more financial information, click here
Official website here: www.moefunds.com
What is the mission statement of Midwest Operating Engineers Welfare Fund?
The Midwest Operating Engineers Welfare Fund is dedicated to providing essential health benefits to its participants and their dependents. Through this commitment, they offer coverage for medical, surgical, dental, accident, disability, death, prescription, and hospital needs. The Fund's mission is geared towards ensuring the wellbeing of its members by providing comprehensive health benefits and support. By doing so, they aim to improve the overall quality of life for those involved, granting them peace of mind and access to vital services when they need it most. The Fund's role as a reliable provider of health benefits is instrumental in promoting the health and wellness of its members.
Official website here: www.moefunds.com
What is the revenue of Midwest Operating Engineers Welfare Fund?
Midwest Operating Engineers Welfare Fund's revenue in 2024 was $758,875,421.
Official website here: www.moefunds.com
Who are the executives of Midwest Operating Engineers Welfare Fund and what are their salaries?
The average compensation at Midwest Operating Engineers Welfare Fund during 2024 was $66,318. There are 120 employees at Midwest Operating Engineers Welfare Fund.
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $427,814
- Other: $133,079
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $289,044
- Other: $133,079
- Compensation: $0
- Related: $329,643
- Other: $133,079
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $291,878
- Other: $133,079
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $192,757
- Other: $133,079
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $321,427
- Related: $0
- Other: $104,088
- Compensation: $158,963
- Related: $0
- Other: $67,400
- Compensation: $153,960
- Related: $0
- Other: $125,015
- Compensation: $153,981
- Related: $0
- Other: $125,015
- Compensation: $128,162
- Related: $0
- Other: $90,367
- Compensation: $117,615
- Related: $0
- Other: $90,995
Official website here: www.moefunds.com
Where can I find the form 990 for Midwest Operating Engineers Welfare Fund?
Midwest Operating Engineers Welfare Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.moefunds.com
Learn more at the official website: www.moefunds.com
Mission Statement of Midwest Operating Engineers Welfare Fund
Midwest Operating Engineers Welfare Fund, a notable organization, is dedicated to extending health benefits to its participants and their dependents. With a clear-cut mission, this Fund goes above and beyond to ensure access to essential medical, surgical, dental, accident, disability, death, prescription, and hospital benefits for those it serves. By providing a comprehensive spectrum of health coverage, Midwest Operating Engineers Welfare Fund strives to improve the overall well-being of its members and their families.
The Fund's commitment to health and wellness is evident in its extensive range of benefits. These benefits cater to various aspects of an individual's health needs, from routine check-ups and preventative care to more complex medical procedures and treatments. By offering this extensive coverage, Midwest Operating Engineers Welfare Fund not only addresses immediate health concerns but also focuses on long-term health and stability for its participants. Moreover, the Fund's benefits extend to dependents, ensuring that the entire family remains covered and protected.
In summary, Midwest Operating Engineers Welfare Fund is a mission-driven organization that prioritizes the health and well-being of its participants and their dependents. By providing access to a wide range of benefits, including medical, surgical, dental, accident, disability, death, prescription, and hospital coverage, the Fund ensures that those it serves have the resources they need to maintain their health and overall well-being.
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Impact
October, 2024
The Midwest Operating Engineers Welfare Fund significantly impacts the health and well-being of its participants and their families by providing essential health benefits. This includes comprehensive coverage for medical, surgical, dental, accident, disability, death, prescription, and hospital services. By ensuring access to these critical health services, the Fund plays a vital role in enhancing the quality of life for union members and their dependents, promoting overall health security and peace of mind in the face of medical challenges. By addressing various health needs, the Fund helps individuals focus on their work and personal lives without the constant worry of healthcare costs.
This information is meant to be a general summary of Midwest Operating Engineers 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 2024.
- Investment Income: $79,317,873
- Program Service Revenue: $676,145,282
- Gross Receipts: $3,715,221,342
Assets and Liabilities:
- Total Assets: $1,803,952,687
- Total Liabilities: $73,019,244
- Net Assets: $1,730,933,443
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$526,899,801
PARTICIPANT CONTRIBUTIONS
Revenue
$72,418,438
PRESCRIPTION DRUG REBATES
Revenue
$52,784,515
MEDICARE PART D SUBSIDIES
Revenue
$18,447,729
REIMB. OF SHARED ADMIN EXPENSES
Revenue
$4,842,256
Organization Details
Founding Year
1953
Principal Officer
James M Sweeney
Website
www.moefunds.comNTEE Category
Code: Y40 - Mutual benefit
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