Studio Mechanics Local 476 Health And Welfare Fund

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

EIN: 366602783 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Studio Mechanics Local 476 Health And Welfare Fund?

The Studio Mechanics Local 476 Health and Welfare Fund is a nonprofit organization that was founded during 1963 through collective bargaining agreements. Its primary mission is to offer health care benefits, as well as coverage for death and disability, to participants and their dependents. Established over six decades ago, this fund has been providing essential services to its members for generations.

Is Studio Mechanics Local 476 Health And Welfare Fund legitimate?

Studio Mechanics Local 476 Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Studio Mechanics Local 476 Health And 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Studio Mechanics Local 476 Health And Welfare Fund?

The Studio Mechanics Local 476 Health and Welfare Fund was established in 1963 as a result of collective bargaining agreements. Its primary mission is to provide health care, death, and disability benefits for participants and their covered dependents. The fund was created to ensure that those in the industry have access to essential health services and financial support during times of need. It is an organization dedicated to the well-being of its members, offering them peace of mind and security in the face of health-related challenges. Through its programs, the fund aims to enhance the quality of life for its members, enabling them to focus on their work and personal lives with confidence.

Who is the CEO of Studio Mechanics Local 476 Health And Welfare Fund?

Anthony Barracca is the Trustee of Studio Mechanics Local 476 Health And Welfare Fund.

What is the revenue of Studio Mechanics Local 476 Health And Welfare Fund?

Studio Mechanics Local 476 Health And Welfare Fund's revenue in 2022 was $16,084,950.

Who are the executives of Studio Mechanics Local 476 Health And Welfare Fund and what are their salaries?

There are 11 employees at Studio Mechanics Local 476 Health And Welfare Fund.


Here are 6 key members and their salaries:


Mark Hogan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Pat Forston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lederer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Oakes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Barracca (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Hudecek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Studio Mechanics Local 476 Health And Welfare Fund?

Studio Mechanics Local 476 Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Studio Mechanics Local 476 Health And Welfare Fund

The Studio Mechanics Local 476 Health and Welfare Fund, founded in 1963, is a nonprofit organization that came into existence through collective bargaining agreements. Its primary mission is to provide essential health care benefits and offer protection to participants and their dependents through death and disability coverage.

This fund was established to ensure that the hardworking members of Studio Mechanics Local 476 have access to comprehensive healthcare services. By pooling resources together, this organization has been able to secure benefits that might not have been available individually. The health and welfare fund's commitment to the well-being of its members goes beyond just health care, as it also extends to providing crucial death and disability benefits.

In essence, the Studio Mechanics Local 476 Health and Welfare Fund serves as a safety net for its participants. It offers a sense of security and peace of mind, knowing that they and their loved ones are covered in case of health-related issues or unforeseen circumstances. The fund's unwavering dedication to the health and welfare of its members has made it an indispensable resource within the organization.

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Impact




October, 2024

The Studio Mechanics Local 476 Health And Welfare Fund provides essential health care, death, and disability benefits for its participants and their dependents. Established in 1963 through collective bargaining agreements, it ensures that its members have access to critical health services and support during times of need. This fund plays a significant role in the well-being of studio workers, contributing to their financial security and peace of mind. By addressing health-related challenges and offering protection against loss of income due to disability or death, the fund enhances the overall quality of life for individuals in the film and television industry in the Chicago area.




This information is meant to be a general summary of Studio Mechanics Local 476 Health And 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.

Revenue
$16,084,950 (2022)
Expenses
$17,977,864 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $282,921
  • Program Service Revenue: $15,761,607
  • Gross Receipts: $16,084,950

Assets and Liabilities:

  • Total Assets: $8,898,031
  • Total Liabilities: $815,331
  • Net Assets: $8,082,700

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$14,613,112

EMPLOYEE CONTRIBUTIONS

Revenue

$1,148,495

Organization Details

Founding Year

1963

Principal Officer

Anthony Barracca

Main Address

6309 NORTH NORTHWEST HIGHWAY, CHICAGO, IL, 60631

NTEE Category

Code: Y40 - Mutual benefit

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