Overview
What is International Union Of Operating Engineers Local 324 Health & Welfare Fun?
International Union of Operating Engineers Local 324 Health & Welfare Fund is a nonprofit organization dedicated to offering medical benefits to eligible employees and their dependents. By collecting contributions from participating employers, this fund facilitates the payment of premiums and claims to insurance companies and contract benefit administrators. This initiative provides essential healthcare support to its members, ensuring they have access to necessary medical services.
Is International Union Of Operating Engineers Local 324 Health & Welfare Fun legitimate?
International Union Of Operating Engineers Local 324 Health & Welfare Fun is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Union Of Operating Engineers Local 324 Health & Welfare Fun 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 International Union Of Operating Engineers Local 324 Health & Welfare Fun?
The International Union of Operating Engineers Local 324 Health & Welfare Fund serves the purpose of offering medical benefits to eligible participants and their dependents. This is achieved through the collection of contributions from participating employers, which are then used to pay premiums and process claims to insurance companies and contract benefit administrators. The primary objective of this fund is to ensure that eligible individuals have access to essential medical coverage. The fund plays a crucial role in providing health security to its participants and their dependents.
Who is the CEO of International Union Of Operating Engineers Local 324 Health & Welfare Fun?
John Healy is the Secretary of International Union Of Operating Engineers Local 324 Health & Welfare Fun.
What is the revenue of International Union Of Operating Engineers Local 324 Health & Welfare Fun?
International Union Of Operating Engineers Local 324 Health & Welfare Fun's revenue in 2022 was $7,862,058.
Who are the executives of International Union Of Operating Engineers Local 324 Health & Welfare Fun and what are their salaries?
There 2 volunteers at International Union Of Operating Engineers Local 324 Health & Welfare Fun.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $141,255
- Other: $74,358
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $134,844
- Other: $74,358
- Compensation: $0
- Related: $118,625
- Other: $74,358
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $102,115
- Other: $70,032
Where can I find the form 990 for International Union Of Operating Engineers Local 324 Health & Welfare Fun?
International Union Of Operating Engineers Local 324 Health & Welfare Fun's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of International Union Of Operating Engineers Local 324 Health & Welfare Fun
The International Union of Operating Engineers Local 324 Health & Welfare Fund is a mission-driven organization dedicated to providing medical benefits to eligible participants and their dependents. This nonprofit collects contributions from participating employers and then forwards the premiums and claims to insurance companies and contract benefit administrators. By doing so, it ensures that eligible individuals have access to essential medical coverage. This vital service provided by the fund is instrumental in safeguarding the health and well-being of its participants and their families.
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 International Union of Operating Engineers Local 324 Health & Welfare Fund plays a vital role in supporting the health and well-being of its participants and their families. By providing medical benefits, it ensures that eligible participants have access to necessary healthcare services, which can significantly impact their quality of life. The fund operates by collecting contributions from participating employers, which are then used to pay for premiums and claims processed through insurance companies and benefit administrators.
This structured approach to healthcare financing not only alleviates the financial burden associated with medical expenses for individuals and their dependents but also promotes a healthier workforce. By enabling access to medical care, the fund helps participants manage their health needs effectively, fostering a sense of stability and security within the community of operating engineers.
Ultimately, the International Union of Operating Engineers Local 324 Health & Welfare Fund exemplifies a commitment to mutual benefit, ensuring that workers and their families receive the support they need during times of medical need.
This information is meant to be a general summary of International Union Of Operating Engineers Local 324 Health & Welfare Fun. 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: $181,037
- Program Service Revenue: $7,630,127
- Gross Receipts: $11,975,659
Assets and Liabilities:
- Total Assets: $8,895,897
- Total Liabilities: $3,915,789
- Net Assets: $4,980,108
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.
EMPLOYER CONTRIBUTIONS
Revenue
$7,630,127
Organization Details
Founding Year
1984
Phone
(248) 641-4915Principal Officer
John Healy
Main Address
700 TOWER DRIVE STE 300 330, TROY, MI, 48098
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of International Union Of Operating Engineers Local 324 Health & Welfare Fun 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.