Central Laborers' Welfare Fund

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

EIN: 376058345 ✦ Jacksonville, IL ✦ Designated as a 501(c)(9)

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Overview

What is Central Laborers' Welfare Fund?

Central Laborers' Welfare Fund is a nonprofit organization committed to offering health and welfare benefits to eligible members and their dependents. Their extensive coverage includes medical, death, disability, dental, and vision services. By providing these crucial benefits, they contribute significantly to the well-being and security of their members.


Official website here: www.central-laborers.com

What are the reviews and ratings of this charity?

The Central Laborers' Welfare Fund is currently not rated by Charity Navigator, as it does not meet the criteria being a 501(c)(3) nonprofit. Their absence from Charity Navigator's ratings does not imply a negative or positive stance; rather, it reflects their classification as a welfare fund rather than a traditional nonprofit.

Charity Navigator suggests that the organization is independent and not affiliated with larger nonprofit groups. However, detailed financial or leadership data, such as revenue, expenses, and salary information for key personnel, are unavailable. These elements, typically integral to Charity Navigator's ratings, are absent due to the organization's non-501(c)(3) status.

As there are no user reviews from GreatNonprofits, public perception and personal experiences with the Central Laborers' Welfare Fund remain undocumented, leaving a gap in qualitative assessment typically valuable to potential supporters and beneficiaries.


This AI summary has been generated from information found on Charity Navigator.

Is Central Laborers' Welfare Fund legitimate?

Central Laborers' Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Central Laborers' 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


Official website here: www.central-laborers.com

What is the mission statement of Central Laborers' Welfare Fund?

The Central Laborers' Welfare Fund is dedicated to offering health and welfare benefits to eligible members and their dependents. Their comprehensive coverage includes medical, death, disability, dental, and vision benefits. The fund's primary goal is to ensure the well-being of its members and their families by providing essential health services. Through these benefits, the Central Laborers' Welfare Fund aims to improve the overall health and quality of life for those it serves. Additionally, the organization's programs and offerings are designed to promote access to essential health care services, ensuring peace of mind for its members.


Official website here: www.central-laborers.com

Who is the CEO of Central Laborers' Welfare Fund?

Ken Day is the Trustee of Central Laborers' Welfare Fund.


Official website here: www.central-laborers.com

What is the revenue of Central Laborers' Welfare Fund?

Central Laborers' Welfare Fund's revenue in 2022 was $20,530,506.


Official website here: www.central-laborers.com

Who are the executives of Central Laborers' Welfare Fund and what are their salaries?

There are 13 employees at Central Laborers' Welfare Fund.


Here are 13 key members and their salaries:


Bob Mcdonald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Davenport (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Schaive (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Dunn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Mcelravy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Doyle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Huebner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Deedrich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Stimac (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Richter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Royer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Bruner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenton Day (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.central-laborers.com

Where can I find the form 990 for Central Laborers' Welfare Fund?

Central Laborers' Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.central-laborers.com

Learn more at the official website: www.central-laborers.com

Mission Statement of Central Laborers' Welfare Fund

Central Laborers' Welfare Fund is a mission-driven organization dedicated to extending essential health and welfare benefits to eligible members and their dependents. This nonprofit entity prioritizes medical coverage, death benefits, disability assistance, dental care, and vision insurance for its beneficiaries. In essence, Central Laborers' Welfare Fund serves as a guardian of health and wellbeing, ensuring that its members and their families are safeguarded against various uncertainties and financial burdens. By providing a comprehensive suite of benefits, this organization offers peace of mind and security, empowering its members to focus on their personal and professional growth.

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Impact




October, 2024

Central Laborers' Welfare Fund significantly enhances the well-being of its eligible members and their dependents by providing essential health and welfare benefits. This includes comprehensive coverage for medical care, death and disability support, as well as dental and vision services. By addressing these critical areas of health and family security, the fund helps alleviate financial burdens during challenging times, ensuring that members have access to the care they need.

In Jacksonville, IL, the impact of the fund is particularly pronounced as it fosters community resilience and supports the overall health of the workforce. This mutual benefit structure not only aids individual members but also strengthens the local economy by maintaining a healthier, more secure labor force. Through these initiatives, Central Laborers' Welfare Fund plays a vital role in promoting the welfare and stability of its community.




This information is meant to be a general summary of Central Laborers' 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
$20,530,506 (2022)
Expenses
$23,422,085 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $797,382
  • Program Service Revenue: $19,419,856
  • Gross Receipts: $26,698,653

Assets and Liabilities:

  • Total Assets: $36,858,201
  • Total Liabilities: $3,494,785
  • Net Assets: $33,363,416

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$18,302,971

PARTICIPANT CONTRIBUTIONS

Revenue

$1,116,885

Organization Details

Founding Year

1967

Principal Officer

Ken Day

Main Address

PO BOX 1267, JACKSONVILLE, IL, 62651

NTEE Category

Code: Y40 - Mutual benefit

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