Overview
What is Railroad Maintenance & Industrial Health & Welfare Fund?
The Railroad Maintenance & Industrial Health & Welfare Fund is a nonprofit organization, based in Springfield, Illinois, with a workforce of six employees. Their primary focus is providing health and welfare benefits to participants. This health and welfare plan is designed to support the well-being of the team members associated with the organization.
What are the reviews and ratings of this charity?
The Railroad Maintenance & Industrial Health & Welfare Fund is not currently rated by Charity Navigator. This absence of a rating is due to their evaluation criteria being applicable mainly to IRS registered 501(c)(3) nonprofits, which the fund is not. Charity Navigator’s lack of a rating should not be interpreted as either favorable or unfavorable.
Charity Navigator primarily uses beacons such as Accountability & Finance or Impact & Measurement to rate organizations, but due to the Railroad Maintenance & Industrial Health & Welfare Fund's non-501(c)(3) status, these criteria do not apply. Moreover, financial data and key personnel salary details are unavailable, which further limits the scope of information about the fund.
The fund operates independently without any noted affiliations, and although their historical data might exist, it is currently not part of Charity Navigator’s criteria due to the organization's type. No user reviews from GreatNonprofits are available to supplement this analysis.
This AI summary has been generated from information found on Charity Navigator.
Is Railroad Maintenance & Industrial Health & Welfare Fund legitimate?
Railroad Maintenance & Industrial Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Railroad Maintenance & Industrial Health & 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: $244,597
Professional Fundraising Fees: $0
Other Salaries and Wages: $248,342
For more financial information, click here
What is the mission statement of Railroad Maintenance & Industrial Health & Welfare Fund?
The Railroad Maintenance & Industrial Health & Welfare Fund aims to deliver health and welfare benefits to its participants. This mission is carried out through a comprehensive health and welfare plan. By providing access to essential health and wellbeing services, the Fund strives to enhance the quality of life for those it serves. The focus is on ensuring that participants receive the necessary support to maintain their overall well-being. The Fund's commitment extends beyond basic health care, as it also addresses various welfare needs to foster a holistic approach to the wellbeing of its members.
What is the revenue of Railroad Maintenance & Industrial Health & Welfare Fund?
Railroad Maintenance & Industrial Health & Welfare Fund's revenue in 2024 was $26,439,608.
Who are the executives of Railroad Maintenance & Industrial Health & Welfare Fund and what are their salaries?
The average compensation at Railroad Maintenance & Industrial Health & Welfare Fund during 2024 was $82,156. There are 6 employees at Railroad Maintenance & Industrial Health & Welfare Fund.
Here are 9 key members and their salaries:
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- Compensation: $151,585
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- Other: $87,406
Where can I find the form 990 for Railroad Maintenance & Industrial Health & Welfare Fund?
Railroad Maintenance & Industrial Health & Welfare Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Railroad Maintenance & Industrial Health & Welfare Fund
The Railroad Maintenance & Industrial Health & Welfare Fund is a mission-driven organization dedicated to providing health and welfare benefits to its participants. Established with a clear objective, this Fund prioritizes the well-being of those it serves. In simple terms, it exists to ensure that its members have access to essential health and welfare services.
Beyond the provision of basic benefits, the Railroad Maintenance & Industrial Health & Welfare Fund goes the extra mile to make a difference in the lives of its participants. By offering health and welfare benefits, it addresses the physical, emotional, and financial needs of its members. The Fund's commitment to its mission ensures that those it serves can focus on their well-being, rather than worrying about their health or welfare.
In practice, the Railroad Maintenance & Industrial Health & Welfare Fund takes a comprehensive approach to delivering its services. By providing health and welfare benefits, it offers a safety net for its members, enabling them to maintain their overall health and well-being. The organization's unwavering dedication to its mission makes it an essential resource for those in need.
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Impact
October, 2024
The Railroad Maintenance & Industrial Health & Welfare Fund plays a significant role in enhancing the well-being of its participants by providing essential health and welfare benefits. With a focus on ensuring access to healthcare services, the Fund mitigates financial burdens associated with medical expenses, promoting a healthier workforce within the railroad and industrial sectors.
Located in Springfield, IL, the Fund's mission centers around delivering comprehensive health and welfare benefits that support participants in navigating their healthcare needs. This commitment not only improves individual health outcomes but also contributes to overall workplace productivity and safety, fostering a more resilient labor community.
By addressing the health needs of its members, the Fund strengthens mutual benefit within the industry, encouraging a supportive environment where workers can focus on their roles without the stress of healthcare-related financial issues. Ultimately, the Railroad Maintenance & Industrial Health & Welfare Fund's impact extends beyond individual participants, influencing the health and stability of the broader community associated with railroad maintenance and industrial activities.
This information is meant to be a general summary of Railroad Maintenance & Industrial Health & 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: $1,387,685
- Program Service Revenue: $24,832,593
- Gross Receipts: $26,439,608
Assets and Liabilities:
- Total Assets: $35,337,410
- Total Liabilities: $1,806,332
- Net Assets: $33,531,078
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$24,656,888
EMPLOYEE CONTRIBUTIONS
Revenue
$175,705
Organization Details
Founding Year
1977
Principal Officer
Dora Crenshaw
NTEE Category
Code: Y40 - Mutual benefit
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