Overview
What is Bac Of Michigan Health And Welfare Fund?
The Bac Of Michigan Health and Welfare Fund is a nonprofit organization located at 700 Tower Drive Suite 215, Troy, MI, 48098. Established with a mission to provide health, medical, dental, and vision benefits to eligible participants and their dependents or beneficiaries, the fund covers various aspects of care and support. It offers benefits for medical, surgical, and hospital care, as well as coverage during sickness, accidents, disability, death, or unemployment. Additionally, the fund provides dental, optical, and prescription drug care, ensuring comprehensive health coverage for its members. The organization, with a team of seven employees, is committed to deferring reasonable costs of administration to ensure the smooth operation of its services.
Official website here: www.dvtt.org
Is Bac Of Michigan Health And Welfare Fund legitimate?
Bac Of Michigan Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bac Of Michigan Health And 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: $398,170
For more financial information, click here
Official website here: www.dvtt.org
What is the mission statement of Bac Of Michigan Health And Welfare Fund?
The Bac Of Michigan Health and Welfare Fund is established with the primary objective of providing eligible employees, their dependents, and beneficiaries with medical, surgical, and hospital care, as well as benefits in cases of sickness, accident, disability, death, or unemployment. The Fund also offers dental, optical, and prescription drug care, in addition to covering reasonable costs of administration. Its mission is geared towards ensuring that those who are part of the fund have access to essential health care services and financial support during various life events.
Official website here: www.dvtt.org
Who is the CEO of Bac Of Michigan Health And Welfare Fund?
Paul Dunford is the Chairman of Bac Of Michigan Health And Welfare Fund.
Official website here: www.dvtt.org
What is the revenue of Bac Of Michigan Health And Welfare Fund?
Bac Of Michigan Health And Welfare Fund's revenue in 2022 was $16,424,172.
Official website here: www.dvtt.org
Who are the executives of Bac Of Michigan Health And Welfare Fund and what are their salaries?
The average compensation at Bac Of Michigan Health And Welfare Fund during 2022 was $56,881. There are 7 employees at Bac Of Michigan Health And Welfare Fund.
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $105,250
- Other: $53,240
- Compensation: $0
- Related: $99,102
- Other: $49,295
- Compensation: $0
- Related: $95,311
- Other: $48,016
- Compensation: $0
- Related: $95,217
- Other: $47,151
- Compensation: $0
- Related: $95,217
- Other: $47,151
- Compensation: $0
- Related: $95,217
- Other: $47,151
- Compensation: $0
- Related: $95,311
- Other: $45,632
- Compensation: $0
- Related: $95,258
- Other: $45,623
- Compensation: $0
- Related: $112,298
- Other: $24,766
- 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
- 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.dvtt.org
Where can I find the form 990 for Bac Of Michigan Health And Welfare Fund?
Bac Of Michigan Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dvtt.org
Learn more at the official website: www.dvtt.org
Mission Statement of Bac Of Michigan Health And Welfare Fund
Bac Of Michigan Health and Welfare Fund is a charitable organization dedicated to supplying eligible employees, their dependents, and beneficiaries with essential medical, surgical, and hospital care. The fund also ensures benefits during periods of sickness, accidents, disability, death, or unemployment. Furthermore, it offers dental, optical, and prescription drug care to enhance overall well-being. The mission of Bac Of Michigan Health and Welfare Fund involves managing reasonable administrative costs to effectively provide these benefits and care services.
In more detail, Bac Of Michigan Health and Welfare Fund serves as a crucial safety net for its members, offering them access to comprehensive healthcare services. By providing medical, surgical, and hospital care, the fund ensures that its beneficiaries receive necessary treatments when they need it most. Moreover, the provision of benefits in the event of sickness, accidents, disability, death, or unemployment, adds an additional layer of protection for the individuals covered under the fund. This financial security gives them peace of mind and the ability to focus on their recovery or other pressing concerns.
Besides these core offerings, the fund also caters to dental, optical, and prescription drug care needs. These additional benefits contribute significantly to the overall health and well-being of the individuals served by the fund. By managing the reasonable costs of administration, Bac Of Michigan Health and Welfare Fund remains committed to offering these extensive benefits packages to its eligible employees and their dependents or beneficiaries.
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Impact
October, 2024
Bac Of Michigan Health And Welfare Fund plays a crucial role in enhancing the health and well-being of eligible employees and their families. By providing access to comprehensive medical, surgical, and hospital care, the Fund ensures that attendees can address their health needs without the burden of excessive financial strain. This support is vital in circumstances involving illness, accidents, disability, or death.
In addition to medical care, the Fund extends benefits for dental, optical, and prescription drug needs, covering a wide spectrum of healthcare requirements. By offering these essential services, it not only promotes better health outcomes but also fosters a sense of security among individuals and their dependents in times of uncertainty.
The Fund's commitment to defraying reasonable administrative costs allows for efficient management of its resources, ensuring that benefits reach those who need them most. Overall, Bac Of Michigan Health And Welfare Fund significantly impacts the community by supporting the health, stability, and peace of mind of its participants during critical life events.
This information is meant to be a general summary of Bac Of Michigan Health And 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: $128,093
- Program Service Revenue: $15,942,560
- Gross Receipts: $20,618,149
Assets and Liabilities:
- Total Assets: $17,164,198
- Total Liabilities: $6,815,622
- Net Assets: $10,348,576
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$14,433,777
PARTICIPANT SELF-PAYMENTS
Revenue
$1,508,783
Organization Details
Founding Year
1974
Phone
(248) 828-6000Principal Officer
Paul Dunford
Main Address
700 TOWER DRIVE SUITE 215, TROY, MI, 48098
Website
www.dvtt.orgNTEE Category
Code: Y40 - Mutual benefit
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