Overview
What is Fox Valley Laborers Health & Welfare Fnd?
The Fox Valley Laborers Health & Welfare Fnd is a nonprofit organization based in Elgin, Illinois, specifically located at 2371 Bowes Road 500. Their primary mission is to extend essential medical, dental, vision, temporary disability, and death benefits to eligible members and their dependents. As of May 31, 2022, there were approximately 1,933 eligible participants enrolled in their program. The organization's workforce consists of 55 employees dedicated to executing their mission.
Is Fox Valley Laborers Health & Welfare Fnd legitimate?
Fox Valley Laborers Health & Welfare Fnd is a legitimate nonprofit organization registered as a 501(c)(9) entity. Fox Valley Laborers Health & Welfare Fnd 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: $590,016
For more financial information, click here
What is the mission statement of Fox Valley Laborers Health & Welfare Fnd?
The Fox Valley Laborers Health & Welfare Fund is committed to providing essential benefits to eligible members and their dependents. This includes medical, dental, vision, temporary disability, and death benefits. The organization aims to ensure the well-being of its members by offering these comprehensive benefits. With over 1,900 eligible participants as of May 31, 2022, the Fox Valley Laborers Health & Welfare Fund is dedicated to making a positive impact on people's lives through the provision of these vital services. By focusing on the health and welfare of its members, the organization fosters a sense of security and peace of mind for those it serves.
Who is the CEO of Fox Valley Laborers Health & Welfare Fnd?
Mark Castelvecchi is the Trustee of Fox Valley Laborers Health & Welfare Fnd.
What is the revenue of Fox Valley Laborers Health & Welfare Fnd?
Fox Valley Laborers Health & Welfare Fnd's revenue in 2022 was $44,983,923.
Who are the executives of Fox Valley Laborers Health & Welfare Fnd and what are their salaries?
The average compensation at Fox Valley Laborers Health & Welfare Fnd during 2022 was $10,728. There are 55 employees at Fox Valley Laborers Health & Welfare Fnd.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $135,736
- Other: $98,254
- Compensation: $0
- Related: $136,627
- Other: $98,254
- Compensation: $0
- Related: $167,836
- Other: $108,072
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $147,562
- Other: $101,534
- Compensation: $130,825
- Related: $0
- Other: $57,700
Where can I find the form 990 for Fox Valley Laborers Health & Welfare Fnd?
Fox Valley Laborers Health & Welfare Fnd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fox Valley Laborers Health & Welfare Fnd
Fox Valley Laborers Health & Welfare Fnd is a nonprofit organization dedicated to extending essential medical, dental, vision, temporary disability, and death benefits to eligible members and their dependents. Their primary goal is to ensure the wellbeing of their members by providing them with comprehensive health coverage.
At May 31, 2022, there were 1,933 eligible participants availing of the benefits offered by Fox Valley Laborers Health & Welfare Fnd. This figure underscores the organization's significant reach and impact within its community.
By offering these vital services, Fox Valley Laborers Health & Welfare Fnd works towards enhancing the quality of life of its members. In the face of medical emergencies, unexpected disabilities, or the loss of a loved one, the organization's benefits serve as a crucial safety net. The organization's commitment to the health and wellbeing of its members is unwavering, making it an essential resource within its community.
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Impact
October, 2024
Fox Valley Laborers Health & Welfare Foundation significantly enhances the well-being of its members and their families by providing essential medical, dental, and vision benefits, as well as temporary disability and death benefits. With a commitment to supporting eligible participants, the foundation serves a community of 1,933 members as of May 31, 2022, ensuring they have access to critical healthcare services that contribute to their overall health and stability. This initiative not only promotes individual wellness but also fosters a sense of security among laborers and their dependents, ultimately strengthening the community as a whole.
This information is meant to be a general summary of Fox Valley Laborers Health & Welfare Fnd. 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: $8,274,118
- Program Service Revenue: $36,304,590
- Gross Receipts: $57,154,274
Assets and Liabilities:
- Total Assets: $118,401,863
- Total Liabilities: $25,508,838
- Net Assets: $92,893,025
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$33,986,305
MEMBER CONTRIBUTIONS
Revenue
$2,179,804
MEDICARE D SUBSIDIES
Revenue
$138,481
Organization Details
Founding Year
1968
Phone
(847) 742-0900Principal Officer
Mark Castelvecchi
Main Address
2371 BOWES ROAD 500, ELGIN, IL, 601235523
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Fox Valley Laborers Health & Welfare Fnd and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.