Overview
What is Northern Illinois And Iowa Laborers' Health & Welfare Trust?
Northern Illinois And Iowa Laborers' Health & Welfare Trust is a nonprofit organization situated in Rock Island, Illinois. Its primary mission is to offer health and welfare benefits to eligible employees who are represented by unions such as Local No. 309 and No. 544. Furthermore, the trust extends its benefits to other employees whose contributions have been or are paid into the trust by contractors. The spouses and dependents of these qualifying employees are also eligible for these benefits, ensuring comprehensive coverage for the entire family. This trust aims to enhance the well-being and health of its members, serving as a vital resource for eligible workers in the region.
Is Northern Illinois And Iowa Laborers' Health & Welfare Trust legitimate?
Northern Illinois And Iowa Laborers' Health & Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Northern Illinois And Iowa Laborers' Health & Welfare Trust 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: $127,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,388
For more financial information, click here
What is the mission statement of Northern Illinois And Iowa Laborers' Health & Welfare Trust?
The Northern Illinois And Iowa Laborers' Health & Welfare Trust is committed to providing health and welfare benefits for eligible employees, represented by certain unions, as well as other employees whose contributions have been accepted by the plan. This trust also extends its benefits to the spouses and dependent family members of qualifying employees. The primary objective of this trust is to ensure the well-being of its beneficiaries by offering comprehensive health and welfare benefits. It serves to support the health and livelihood of its members, ensuring they have access to essential healthcare services.
Who is the CEO of Northern Illinois And Iowa Laborers' Health & Welfare Trust?
Bradly Long is the Trustee of Northern Illinois And Iowa Laborers' Health & Welfare Trust.
What is the revenue of Northern Illinois And Iowa Laborers' Health & Welfare Trust?
Northern Illinois And Iowa Laborers' Health & Welfare Trust's revenue in 2022 was $9,391,019.
Who are the executives of Northern Illinois And Iowa Laborers' Health & Welfare Trust and what are their salaries?
The average compensation at Northern Illinois And Iowa Laborers' Health & Welfare Trust during 2022 was $34,749. There are 5 employees at Northern Illinois And Iowa Laborers' Health & Welfare Trust.
Here are 8 key members and their salaries:
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- Compensation: $95,000
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- Other: $32,358
Where can I find the form 990 for Northern Illinois And Iowa Laborers' Health & Welfare Trust?
Northern Illinois And Iowa Laborers' Health & Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northern Illinois And Iowa Laborers' Health & Welfare Trust
The Northern Illinois and Iowa Laborers' Health & Welfare Trust is a organization dedicated to offering health and welfare benefits to eligible employees represented by certain unions, as well as to other employees whose contributions have been accepted by the plan. This entity extends its benefits not only to the qualifying employees but also to their spouses and other dependents. The Trust's primary objective is to provide a comprehensive range of health and welfare benefits, ensuring the well-being of its beneficiaries.
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Impact
October, 2024
Northern Illinois and Iowa Laborers' Health & Welfare Trust plays a crucial role in enhancing the quality of life for eligible employees represented by unions, specifically those affiliated with Local No. 309 and No. 544. By providing comprehensive health and welfare benefits, the Trust ensures that workers have access to essential medical care, which can significantly alleviate financial burdens associated with health issues.
The impact extends beyond the employees themselves; spouses and dependents of qualifying employees also receive critical health benefits, fostering a healthier family environment. This support contributes to overall community well-being and economic stability, allowing workers to focus on their jobs without the anxiety of potential health-related financial crises.
Moreover, the Trust's activities promote a sense of security and loyalty among union members, reinforcing the value of collective bargaining and encouraging participation in union activities. By ensuring that employees' health needs are met, the Trust strengthens workforce morale and productivity, which can positively influence the surrounding economy.
Overall, the Northern Illinois and Iowa Laborers' Health & Welfare Trust is integral to safeguarding health and welfare for union workers and their families, ultimately enhancing the livelihoods and communities of those it serves.
This information is meant to be a general summary of Northern Illinois And Iowa Laborers' Health & Welfare Trust. 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: $1,798,640
- Program Service Revenue: $6,025,303
- Gross Receipts: $18,335,134
Assets and Liabilities:
- Total Assets: $37,322,144
- Total Liabilities: $7,950,432
- Net Assets: $29,371,712
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$5,611,960
SELF PAY CONTRIBUTIONS
Revenue
$413,343
Organization Details
Founding Year
1967
Phone
(309) 786-3361Principal Officer
Bradly Long
Main Address
2837 7TH AVENUE, ROCK ISLAND, IL, 61201
NTEE Category
Code: Y40 - Mutual benefit
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