Operating Engineers Local No 965 Health Benefit Fund

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

EIN: 366121856 ✦ Springfield, IL ✦ Designated as a 501(c)(9)

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Overview

What is Operating Engineers Local No 965 Health Benefit Fund?

Operating Engineers Local No 965 Health Benefit Fund is a nonprofit organization based in Springfield, Illinois, with the address 3520 East Cook Street, ZIP code 62703. Their primary mission is to offer health and temporary disability benefits to eligible members who have made the necessary contributions. The Fund's activities focus on providing essential health services and temporary disability coverage for qualified participants. These benefits are crucial for the well-being of the members and help them manage any unexpected health issues. With a clear commitment to supporting its members, the Operating Engineers Local No 965 Health Benefit Fund continues to make a difference in people's lives.

Is Operating Engineers Local No 965 Health Benefit Fund legitimate?

Operating Engineers Local No 965 Health Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers Local No 965 Health 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Operating Engineers Local No 965 Health Benefit Fund?

The Operating Engineers Local No 965 Health Benefit Fund is committed to providing essential health and temporary disability benefits to eligible participants. The organization ensures that those who have made the necessary contributions have access to these vital services. By prioritizing the wellbeing of its members, the Health Benefit Fund goes above and beyond to make a positive impact on their lives. Through its mission, it offers a safety net, providing peace of mind and financial security during times of need. The Fund's primary goal is to ensure that eligible members have access to crucial health services when they require it most. By focusing on the essentials, the Operating Engineers Local No 965 Health Benefit Fund strives to improve the overall quality of life for its participants.

Who is the CEO of Operating Engineers Local No 965 Health Benefit Fund?

Bret Scaggs is the Chairman of Operating Engineers Local No 965 Health Benefit Fund.

What is the revenue of Operating Engineers Local No 965 Health Benefit Fund?

Operating Engineers Local No 965 Health Benefit Fund's revenue in 2022 was $14,849,389.

Who are the executives of Operating Engineers Local No 965 Health Benefit Fund and what are their salaries?


Here are 6 key members and their salaries:


Bret Scaggs (Chairman)
  • Compensation: $0
  • Related: $150,449
  • Other: $81,379
Robert Bruner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mcquay (Trustee)
  • Compensation: $0
  • Related: $145,987
  • Other: $85,302
Jason Rhoades (Trustee)
  • Compensation: $0
  • Related: $131,156
  • Other: $78,505
Truman Flatt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Halverson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Operating Engineers Local No 965 Health Benefit Fund?

Operating Engineers Local No 965 Health Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Operating Engineers Local No 965 Health Benefit Fund

Operating Engineers Local No 965 Health Benefit Fund is a mission-driven organization that aims to extend health and temporary disability benefits to eligible participants. The Fund prioritizes the well-being of its members by making essential health coverage accessible. With a commitment to providing crucial support, Operating Engineers Local No 965 Health Benefit Fund ensures that qualified individuals receive the care they need. By making required contributions, members secure their access to these vital benefits. The Fund's unwavering dedication to its members' well-being is reflected in its mission to offer health and temporary disability benefits to those who meet the eligibility criteria.

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Impact




October, 2024

The Operating Engineers Local No 965 Health Benefit Fund significantly impacts the well-being of its qualified participants by offering essential health and temporary disability benefits. By providing these crucial services, the Fund helps alleviate the financial burden associated with medical expenses and loss of income due to temporary disabilities. This support not only promotes the health and financial stability of eligible members but also contributes to a more secure and resilient workforce in the community of Springfield, IL. Overall, the Fund plays a vital role in enhancing the quality of life for its participants by ensuring access to necessary healthcare and income protection during challenging times.




This information is meant to be a general summary of Operating Engineers Local No 965 Health 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.

Revenue
$14,849,389 (2022)
Expenses
$14,016,252 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,186,570
  • Program Service Revenue: $13,662,819
  • Gross Receipts: $22,130,044

Assets and Liabilities:

  • Total Assets: $22,061,999
  • Total Liabilities: $118,963
  • Net Assets: $21,943,036

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$11,215,683

PARTICIPANT CONTRIBUTION

Revenue

$1,825,537

PRESCRIPTION CLAIM REBATES

Revenue

$604,359

OTHER

Revenue

$17,240

Organization Details

Founding Year

1963

Principal Officer

Bret Scaggs

Main Address

3520 EAST COOK STREET, SPRINGFIELD, IL, 62703

NTEE Category

Code: Y40 - Mutual benefit

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