Overview
What is Iron Workers Local 8 Welfare Fund?
The Iron Workers Local 8 Welfare Fund is a charitable organization based in Milwaukee, Wisconsin (WI, 53214). With a workforce of 30 employees, its mission is to extend essential benefits to eligible members. The benefits package includes protection against accidents, comprehensive healthcare, dental coverage, vision care, loss of time compensation, prescription drug assistance, and even death benefits. These perks extend to the participants' spouses and dependents as well.
Is Iron Workers Local 8 Welfare Fund legitimate?
Iron Workers Local 8 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iron Workers Local 8 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 Iron Workers Local 8 Welfare Fund?
The Iron Workers Local 8 Welfare Fund is dedicated to providing essential benefits to eligible participants. Its mission is to ensure the health and well-being of these individuals by offering accident, health, dental, vision, loss of time, prescription drug, and death benefits. These benefits extend to eligible spouses and dependents as well. The Fund serves as a safety net, safeguarding the financial security of its members during times of need. By providing these comprehensive benefits, the Iron Workers Local 8 Welfare Fund aims to alleviate the stress and worry that often accompany health-related issues and work-related injuries. Through its commitment to coverage, the Fund fosters peace of mind and empowers its members to focus on their personal and professional growth.
Who is the CEO of Iron Workers Local 8 Welfare Fund?
Charlie Falkner is the Secretary/Treasurer of Iron Workers Local 8 Welfare Fund.
What is the revenue of Iron Workers Local 8 Welfare Fund?
Iron Workers Local 8 Welfare Fund's revenue in 2022 was $20,356,185.
Who are the executives of Iron Workers Local 8 Welfare Fund and what are their salaries?
There are 30 employees and 6 volunteers at Iron Workers Local 8 Welfare Fund.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $109,117
- Other: $98,939
- Compensation: $0
- Related: $98,218
- Other: $90,543
- Compensation: $0
- Related: $96,667
- Other: $89,086
- 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
Where can I find the form 990 for Iron Workers Local 8 Welfare Fund?
Iron Workers Local 8 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Iron Workers Local 8 Welfare Fund
Iron Workers Local 8 Welfare Fund is a missions-driven organization dedicated to extending crucial benefits to eligible participants and their dependents. The primary objective of this welfare fund is to ensure accident, health, dental, vision, loss of time, prescription drug, and death coverage for those who qualify.
In simple terms, the Iron Workers Local 8 Welfare Fund serves as a safety net for its members by providing essential benefits, safeguarding them against unforeseen medical expenses or unforeseen circumstances. This coverage not only extends to the participants themselves but also to their spouses and dependents, offering a sense of security and peace of mind.
This welfare fund's mission is to alleviate the financial burden of medical costs and offer protection during times of need. By providing a comprehensive range of benefits, Iron Workers Local 8 Welfare Fund empowers its members to focus on their well-being and that of their loved ones, rather than worrying about financial constraints. In doing so, it fortifies the community of iron workers, allowing them to build a safe and secure future together.
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Impact
October, 2024
The Iron Workers Local 8 Welfare Fund has a significant impact on its eligible members and their families by providing essential benefits that promote health, well-being, and financial security. By offering a comprehensive range of services, including accident, health, dental, vision, loss of time, prescription drug, and death benefits, the Fund ensures that members, their spouses, and dependents have access to necessary healthcare and support during challenging times.
This organization plays a critical role in enhancing the quality of life for its participants by mitigating the financial burdens associated with medical expenses and unforeseen accidents. The focus on mutual benefit fosters a sense of community and solidarity among members, ultimately strengthening the workforce in the Milwaukee area and supporting the stability of families reliant on these vital benefits. Through its mission, the Iron Workers Local 8 Welfare Fund contributes significantly to the overall health and financial resilience of those it serves.
This information is meant to be a general summary of Iron Workers Local 8 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: $5,090,613
- Program Service Revenue: $15,265,572
- Gross Receipts: $30,790,460
Assets and Liabilities:
- Total Assets: $49,277,727
- Total Liabilities: $1,356,683
- Net Assets: $47,921,044
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS' CONTRIB. NET
Revenue
$12,051,392
SELF-PAYMENT CONTRIB.
Revenue
$3,214,180
Organization Details
Founding Year
1952
Phone
(800) 272-4248Principal Officer
Charlie Falkner
Main Address
12034 WEST ADLER LANE, MILWAUKEE, WI, 53214
NTEE Category
Code: Y40 - Mutual benefit
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