Local 434 Health & Welfare Fund Workers And Service Techs

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391856935 ✦ Mosinee, WI ✦ Designated as a 501(c)(9)

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Overview

What is Local 434 Health & Welfare Fund Workers And Service Techs?

Local 434 Health & Welfare Fund is a nonprofit organization based in Mosinee, Wisconsin. With a workforce of 21 employees, they offer comprehensive health coverage for both active and retired members. Their mission encompasses providing medical, surgical, hospital, dental, and disability benefits. These essential services ensure the well-being and financial security of the individuals they serve.

What are the reviews and ratings of this charity?

The Local 434 Health & Welfare Fund Workers And Service Techs is not currently rated by Charity Navigator, primarily due to its classification as a non-501(c)(3) organization. Charity Navigator's evaluations require specific beacons related to Accountability & Finance and Impact & Measurement, which are not applicable here. The absence of a rating doesn't reflect negatively on the organization; it simply means there's no available assessment.

Since it isn't registered under 501(c)(3) status, traditional evaluations via electronically-filed Form 990s, often used to assess financial health and accountability, cannot be applied. This also limits the availability of key data such as total revenue, expenses, and salaries.

For members of the public seeking more information about this organization, it's important to note that the lack of structured reviews or user feedback from platforms like GreatNonprofits suggests a need for direct inquiries for comprehensive insights.


This AI summary has been generated from information found on Charity Navigator.

Is Local 434 Health & Welfare Fund Workers And Service Techs legitimate?

Local 434 Health & Welfare Fund Workers And Service Techs is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 434 Health & Welfare Fund Workers And Service Techs 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 Local 434 Health & Welfare Fund Workers And Service Techs?

Local 434 Health & Welfare Fund is dedicated to extending medical, surgical, hospital, dental, and disability coverage to both active and retired members. Through this comprehensive coverage, the organization ensures the well-being of its members by addressing their various health needs. The mission of Local 434 Health & Welfare Fund is focused on the provision of essential health services, providing peace of mind and security to its members. The organization's commitment to the overall health and well-being of its members is unwavering, making it an essential resource for workers and service techs in need. The fund's coverage extends beyond just medical care, offering protection and support for its members throughout their lives.

Who is the CEO of Local 434 Health & Welfare Fund Workers And Service Techs?

Mitch Runge is the Labor Truste of Local 434 Health & Welfare Fund Workers And Service Techs.

What is the revenue of Local 434 Health & Welfare Fund Workers And Service Techs?

Local 434 Health & Welfare Fund Workers And Service Techs's revenue in 2022 was $17,650,716.

Who are the executives of Local 434 Health & Welfare Fund Workers And Service Techs and what are their salaries?

There are 21 employees at Local 434 Health & Welfare Fund Workers And Service Techs.


Here are 8 key members and their salaries:


Russell Boos (Labor Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Dahms (Management T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Erickson (Labor Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Gaecke (Sec/Tres- Mg)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Ignatowski (Management T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Potapenko (Labor Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Runge (Chair - Labo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Schummer (Management T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local 434 Health & Welfare Fund Workers And Service Techs?

Local 434 Health & Welfare Fund Workers And Service Techs's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local 434 Health & Welfare Fund Workers And Service Techs

Local 434 Health & Welfare Fund, a notable organization, is dedicated to extending medical, surgical, hospital, dental, and disability coverage to its active and retired members. By ensuring access to comprehensive healthcare services, the Fund aims to secure the well-being of its community. The mission of Local 434 Health & Welfare Fund is multifaceted, as it encompasses not only the provision of essential medical benefits, but also the support of its members during their active and retired years.

Through its extensive coverage plans, the organization addresses the diverse healthcare needs of its members. By providing medical and surgical benefits, Local 434 Health & Welfare Fund ensures that its members have access to necessary treatments and procedures. Additionally, the organization's hospital coverage guarantees financial assistance for inpatient care, offering peace of mind during times of illness or injury. Moreover, dental coverage is an integral part of the Fund's offerings, promoting oral health and overall wellness. Lastly, disability coverage safeguards members against the financial burdens of unexpected injuries or illnesses, enabling them to focus on recovery.

In summary, Local 434 Health & Welfare Fund is a vital organization that offers medical, surgical, hospital, dental, and disability coverage to its active and retired members. By prioritizing the health and well-being of its community, the Fund plays a crucial role in securing the peace of mind and financial stability of its members.

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Impact




October, 2024

Local 434 Health & Welfare Fund Workers and Service Techs significantly enhances the well-being of its members by offering essential medical, surgical, hospital, dental, and disability coverage. By providing these vital health benefits, the fund alleviates the financial burdens associated with healthcare, allowing both active and retired members to access necessary medical services without the fear of overwhelming costs.

The organization plays a crucial role in fostering a healthier workforce, contributing to better job performance and overall quality of life for its members in Mosinee, WI. Access to comprehensive health coverage promotes preventive care, ensuring that medical issues are addressed early, which can lead to improved long-term health outcomes. Additionally, by safeguarding against the financial risks associated with illness or injury, Local 434 helps members achieve greater peace of mind.

Overall, the fund is instrumental in supporting the health and security of workers and service technicians, reinforcing the importance of mutual benefit within the community.




This information is meant to be a general summary of Local 434 Health & Welfare Fund Workers And Service Techs. 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.

Revenue
$17,650,716 (2022)
Expenses
$16,114,852 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $797,000
  • Program Service Revenue: $16,853,716
  • Gross Receipts: $28,624,017

Assets and Liabilities:

  • Total Assets: $32,404,041
  • Total Liabilities: $118,473
  • Net Assets: $32,285,568

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$15,625,006

PARTICIPANT CONTRIBUTIONS

Revenue

$1,228,710

Organization Details

Founding Year

1996

Principal Officer

Mitch Runge

Main Address

912 NORTH VIEW DRIVE, MOSINEE, WI, 54455

NTEE Category

Code: Y40 - Mutual benefit

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