Overview
What is Laborers Local 231 Health & Welfare Fund?
The Laborers Local 231 Health & Welfare Fund is a charitable organization situated in Pekin, Illinois. As a fraternal beneficiary society, its primary purpose is to extend health, dental, and life benefits to its member base. This nonprofit organization is dedicated to the well-being of its members, offering essential medical and financial assistance when needed.
Is Laborers Local 231 Health & Welfare Fund legitimate?
Laborers Local #231 Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Laborers Local #231 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: $203,291
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,000
For more financial information, click here
What is the mission statement of Laborers Local 231 Health & Welfare Fund?
The Laborers Local 231 Health & Welfare Fund serves as a fraternal beneficiary society, dedicated to offering health, dental, and life benefits to its members. Its primary objective is to ensure the well-being of its members by providing essential medical and financial security. The fund operates with a mission to safeguard the health and welfare of its members, thereby enhancing their overall quality of life. Although not explicitly stated, it can be inferred that the fund aims to provide a sense of security and stability to its members by addressing their health needs.
Who is the CEO of Laborers Local 231 Health & Welfare Fund?
Gary L Sciortino is the Trustee of Laborers Local #231 Health & Welfare Fund.
What is the revenue of Laborers Local 231 Health & Welfare Fund?
Laborers Local 231 Health & Welfare Fund's revenue in 2022 was $5,718,105.
Who are the executives of Laborers Local 231 Health & Welfare Fund and what are their salaries?
The average compensation at Laborers Local 231 Health & Welfare Fund during 2022 was $129,646. There are 2 employees at Laborers Local 231 Health & Welfare Fund.
Here are 10 key members and their salaries:
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- Compensation: $166,257
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- Other: $96,022
Where can I find the form 990 for Laborers Local 231 Health & Welfare Fund?
Laborers Local 231 Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Laborers Local 231 Health & Welfare Fund
The Laborers Local 231 Health & Welfare Fund, as a fraternal beneficiary society, is dedicated to providing essential health, dental, and life benefits to its members. This nonprofit organization's primary mission is to ensure the wellbeing of its members, offering them necessary medical and dental coverage, as well as life insurance protection. By doing so, it plays a significant role in enhancing the overall quality of life for its members and their families.
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Impact
October, 2024
The Laborers Local 231 Health & Welfare Fund plays a vital role in enhancing the well-being of its members by providing essential health, dental, and life benefits. Located in Pekin, IL, this fund addresses the critical needs of laborers by ensuring access to comprehensive healthcare services, which is crucial for maintaining both physical and mental health.
By offering these benefits, the fund helps its members manage healthcare costs, improve quality of life, and secure peace of mind. This support system not only contributes to the financial stability of individuals and families but also fosters a sense of community and solidarity among laborers. The Laborers Local 231 Health & Welfare Fund ultimately strengthens the overall welfare of its members, enabling them to thrive in their professional and personal lives.
This information is meant to be a general summary of Laborers Local 231 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 2022.
- Investment Income: $112,087
- Program Service Revenue: $5,392,369
- Gross Receipts: $14,036,826
Assets and Liabilities:
- Total Assets: $17,194,210
- Total Liabilities: $917,461
- Net Assets: $16,276,749
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$5,392,369
Organization Details
Founding Year
1960
Phone
(309) 347-7519Principal Officer
Gary L Sciortino
Main Address
PO BOX 374, PEKIN, IL, 61554
NTEE Category
Code: Y40 - Mutual benefit
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