Overview
What is Sheet Metal Workers Local 7Zone 3 Welfare Fund?
Sheet Metal Workers Local 7Zone 3 Welfare Fund is a nonprofit organization situated in Troy, Michigan. With a team of nine individuals, their primary mission is to manage and administer health care benefits for approximately 365 participants. This is executed under a multi-employer collectively bargained plan, ensuring the well-being of those associated with the sheet metal industry in their region. The fund's activities are centered around providing essential health care benefits, contributing to the overall wellness of its participants.
Is Sheet Metal Workers Local 7Zone 3 Welfare Fund legitimate?
Sheet Metal Workers Local #7Zone #3 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sheet Metal Workers Local #7Zone #3 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 Sheet Metal Workers Local 7Zone 3 Welfare Fund?
The Sheet Metal Workers Local 7Zone 3 Welfare Fund's mission is centrally focused on offering health care benefits to its participants. This is accomplished through a multi-employer collectively bargained plan. The organization's primary objective is to administer and manage these health care benefits, serving approximately 365 individuals. The Welfare Fund's activities are geared towards ensuring the well-being of its members by providing them with necessary health care benefits.
Who is the CEO of Sheet Metal Workers Local 7Zone 3 Welfare Fund?
Chris Mcfarland is the Trustee of Sheet Metal Workers Local #7Zone #3 Welfare Fund.
What is the revenue of Sheet Metal Workers Local 7Zone 3 Welfare Fund?
Sheet Metal Workers Local 7Zone 3 Welfare Fund's revenue in 2022 was $3,092,759.
Who are the executives of Sheet Metal Workers Local 7Zone 3 Welfare Fund and what are their salaries?
There are 9 employees at Sheet Metal Workers Local 7Zone 3 Welfare Fund.
Here are 10 key members and their salaries:
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- Related: $28,229
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Where can I find the form 990 for Sheet Metal Workers Local 7Zone 3 Welfare Fund?
Sheet Metal Workers Local 7Zone 3 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Workers Local 7Zone 3 Welfare Fund
Sheet Metal Workers Local 7Zone 3 Welfare Fund is an organization dedicated to providing health care benefits to its members. This is accomplished through a multi-employer collectively bargained plan, a mission that is central to its operations and expenditures. The fund serves approximately 365 participants, and its primary focus is on administering and delivering these health care benefits. The Welfare Fund's activities are geared towards ensuring the well-being of its members, providing them with essential health care coverage.
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Impact
October, 2024
The Sheet Metal Workers Local 7 Zone 3 Welfare Fund plays a crucial role in delivering essential health care benefits to its participants. By operating under a multi-employer collectively bargained plan, it ensures that approximately 365 individuals have access to quality health care services. This support significantly impacts the well-being of its members and their families, providing peace of mind during health-related challenges.
Based in Troy, MI, the Fund effectively administers expenses related to the provision of these benefits, emphasizing the importance of mutual support and collective bargaining in securing health coverage. The Welfare Fund's mission not only fulfills immediate health care needs but also strengthens the overall community by promoting the welfare of its members.
This information is meant to be a general summary of Sheet Metal Workers Local 7Zone 3 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: $16,387
- Program Service Revenue: $3,166,949
- Gross Receipts: $3,092,759
Assets and Liabilities:
- Total Assets: $1,867,349
- Total Liabilities: $672,402
- Net Assets: $1,194,947
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer contributions
Revenue
$2,466,694
Employee contributions
Revenue
$700,255
Organization Details
Founding Year
1955
Phone
(248) 813-9800Principal Officer
Chris Mcfarland
Main Address
700 Tower Drive, Troy, MI, 480982808
NTEE Category
Code: Y40 - Mutual benefit
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