Overview
What is Operating Engineers' Local 324 Health Care Plan?
Operating Engineers' Local 324 Health Care Plan is a nonprofit organization based in Troy, Michigan, with approximately 259 employees. Its primary mission involves collecting monies as per collective bargaining agreements, which are subsequently distributed for the payment of covered health care, death, and disability benefits to an approximate 10,700 plan participants. By doing so, the organization plays a crucial role in ensuring the well-being of its members by providing essential health care, death, and disability benefits.
Official website here: www.oe324.org/about/
Is Operating Engineers' Local 324 Health Care Plan legitimate?
Operating Engineers' Local 324 Health Care Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers' Local 324 Health Care Plan 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: $409,649
For more financial information, click here
Official website here: www.oe324.org/about/
What is the mission statement of Operating Engineers' Local 324 Health Care Plan?
The Operating Engineers' Local 324 Health Care Plan serves approximately 10,700 participants by collecting funds according to collective bargaining agreements. These resources are then distributed to cover essential health care, death, and disability benefits for the plan members. The primary objective of the Health Care Plan is to ensure the financial security and well-being of its participants by managing and dispersing the collected funds for approved benefits. By adhering to the terms of the plan, the Health Care Plan strives to maintain a comprehensive and reliable coverage system for the beneficiaries.
Official website here: www.oe324.org/about/
Who is the CEO of Operating Engineers' Local 324 Health Care Plan?
Scott Hart is the Secretary of Operating Engineers' Local 324 Health Care Plan.
Official website here: www.oe324.org/about/
What is the revenue of Operating Engineers' Local 324 Health Care Plan?
Operating Engineers' Local 324 Health Care Plan's revenue in 2022 was $138,853,618.
Official website here: www.oe324.org/about/
Who are the executives of Operating Engineers' Local 324 Health Care Plan and what are their salaries?
The average compensation at Operating Engineers' Local 324 Health Care Plan during 2022 was $1,582. There are 259 employees and 5 volunteers at Operating Engineers' Local 324 Health Care Plan.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $141,255
- Other: $74,358
- Compensation: $0
- Related: $134,844
- Other: $74,358
- Compensation: $0
- Related: $118,625
- Other: $74,358
- Compensation: $0
- Related: $97,135
- Other: $69,636
- Compensation: $0
- Related: $98,831
- Other: $69,636
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.oe324.org/about/
Where can I find the form 990 for Operating Engineers' Local 324 Health Care Plan?
Operating Engineers' Local 324 Health Care Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oe324.org/about/
Learn more at the official website: www.oe324.org/about/
Mission Statement of Operating Engineers' Local 324 Health Care Plan
Operating Engineers' Local 324 Health Care Plan is a mission-driven organization that plays a vital role in collecting monies as per the collective bargaining agreements. This nonprofit entity is dedicated to distributing the collected funds for the payment of covered health care, death, and disability benefits to approximately 10,700 plan participants.
The Operating Engineers' Local 324 Health Care Plan serves as a safety net for its members, ensuring they receive essential health coverage, financial support in times of tragedy, and security for their future. By adhering to the terms of the plan, this organization provides invaluable services to its beneficiaries, enabling them to focus on their well-being rather than financial concerns.
This nonprofit organization's primary goal is to provide comprehensive coverage and benefits to its participants, ensuring they have access to essential health care services and financial assistance when they need it most. Through its unwavering commitment to its mission, Operating Engineers' Local 324 Health Care Plan empowers its members to live healthier, more secure lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Operating Engineers' Local 324 Health Care Plan plays a significant role in supporting the health and well-being of its participants. By collecting funds through collective bargaining agreements, it ensures that approximately 10,700 participants receive essential health care, death, and disability benefits. This financial structure provides a safety net for workers, helping them manage medical expenses and plan for unforeseen circumstances related to health challenges or loss of income due to disability.
The impact of this program extends beyond individual participants; it fosters a sense of security and community within the industry, allowing workers to focus on their jobs without the constant worry of healthcare costs. By addressing health-related financial burdens, the plan contributes to a healthier workforce and enhances the overall quality of life for its members and their families.
This information is meant to be a general summary of Operating Engineers' Local 324 Health Care Plan. 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: $1,063,587
- Program Service Revenue: $137,790,031
- Gross Receipts: $156,926,510
Assets and Liabilities:
- Total Assets: $115,540,084
- Total Liabilities: $80,662,266
- Net Assets: $34,877,818
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PAYMENT FROM EMPLOYERS
Revenue
$116,932,396
SELF PAYMENTS FROM MEMBERS
Revenue
$20,857,635
Organization Details
Founding Year
1975
Phone
(810) 650-9685Principal Officer
Scott Hart
Main Address
5600 NEW KING DRIVE 330, TROY, MI, 48098
Website
www.oe324.org/about/NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Operating Engineers' Local 324 Health Care Plan and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.