Overview
What is Plumbers Local 98 Insurance Fund?
Plumbers Local 98 Insurance Fund is a Michigan-based multiemployer benefit fund, serving as an essential resource for members of Plumbers Local 98 and their beneficiaries and dependents. This Taft-Hartley Fund covers a range of benefits, including hospital and medical care, prescription medication, dental services, life insurance, vision and hearing coverage, and disability assistance. By providing these benefits in accordance with the collective bargaining agreement, the Plumbers Local 98 Insurance Fund ensures the well-being of its members and their families. With a workforce of approximately 50 individuals, the Fund remains committed to offering comprehensive support and peace of mind to those in the plumbing industry.
Is Plumbers Local 98 Insurance Fund legitimate?
Plumbers Local 98 Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers Local 98 Insurance 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 Plumbers Local 98 Insurance Fund?
The Plumbers Local 98 Insurance Fund functions as a Taft-Hartley multi-employer fund, offering a range of benefits to members of Plumbers Local 98 and their dependents, as outlined in the collective bargaining agreement. These benefits encompass hospital, medical, prescription, dental, life, vision, hearing, disability, and additional supplemental coverage. The primary objective of the Insurance Fund is to ensure the wellbeing of its members by providing essential benefits that cater to their healthcare needs. By managing these benefits, the Fund enables its members to focus on their work and personal lives, providing them with peace of mind and financial security.
Who is the CEO of Plumbers Local 98 Insurance Fund?
Jon Deroo is the Secretary of Plumbers Local 98 Insurance Fund.
What is the revenue of Plumbers Local 98 Insurance Fund?
Plumbers Local 98 Insurance Fund's revenue in 2022 was $14,696,130.
Who are the executives of Plumbers Local 98 Insurance Fund and what are their salaries?
There are 49 employees and 6 volunteers at Plumbers Local 98 Insurance Fund.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $102,007
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $7,268
- Other: $0
- Compensation: $0
- Related: $101,007
- Other: $0
Where can I find the form 990 for Plumbers Local 98 Insurance Fund?
Plumbers Local 98 Insurance Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Plumbers Local 98 Insurance Fund
Plumbers Local 98 Insurance Fund, a Taft-Hartley multi-employer fund, plays a crucial role in enhancing the wellbeing of Plumbers Local 98 members and their families. This organization offers a comprehensive range of benefits, including hospital, medical, prescription, dental, life, vision, hearing, disability, and other supplemental coverage. These benefits are extended to the members of Plumbers Local 98, their beneficiaries, and dependents, in accordance with the collective bargaining agreement. The primary mission of Plumbers Local 98 Insurance Fund is to ensure that the workforce in the plumbing industry has access to essential healthcare services, safeguarding their financial and health security. By providing these benefits, the fund enables members to focus on their work, improve their quality of life, and maintain their overall wellbeing. In essence, Plumbers Local 98 Insurance Fund acts as a safety net, offering peace of mind and stability to the plumbing community.
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Impact
October, 2024
Plumbers Local 98 Insurance Fund significantly enhances the well-being of its members and their families by providing a comprehensive range of essential benefits. It offers hospital, medical, and prescription coverage alongside dental, life, vision, hearing, and disability benefits. This multi-employer fund operates under the Taft-Hartley framework, ensuring that members of Plumbers Local 98, as well as their dependents and beneficiaries, receive vital healthcare and financial support.
Through its structured benefits program, the Fund plays a crucial role in safeguarding the health and livelihood of its members, allowing them to focus on their work without the constant worry of financial instability due to health-related issues. It reinforces the collective bargaining agreement, ensuring fair access to healthcare, which ultimately fosters a supportive and secure working environment. The impact of the Plumbers Local 98 Insurance Fund goes beyond mere coverage; it promotes peace of mind for members and their families during times of need, contributing to a stronger, healthier community.
This information is meant to be a general summary of Plumbers Local 98 Insurance 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: -$263,538
- Program Service Revenue: $14,890,016
- Gross Receipts: $20,591,962
Assets and Liabilities:
- Total Assets: $21,054,368
- Total Liabilities: $151,807
- Net Assets: $20,902,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$12,729,640
SELF PAYMENT CONTRIBUTIONS
Revenue
$2,160,376
Organization Details
Founding Year
1982
Phone
(248) 813-9800Principal Officer
Jon Deroo
Main Address
700 TOWER DRIVE, TROY, MI, 480982808
NTEE Category
Code: Y40 - Mutual benefit
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