Carpenters And Joiners Welfare Fund

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

EIN: 416024791 ✦ Bloomington, MN ✦ Designated as a 501(c)(9)

Overview

What is Carpenters And Joiners Welfare Fund?

Carpenters and Joiners Welfare Fund is a self-funded nonprofit organization based in Bloomington, Minnesota, with an address at 3001 Metro Drive 500. They currently cater to approximately 15,119 union members and their dependents. The primary mission of this organization is to provide health and welfare benefits, as outlined in a collective bargaining agreement. Essentially, Carpenters and Joiners Welfare Fund ensures the wellbeing of its union members by offering comprehensive coverage and benefits.


Is Carpenters And Joiners Welfare Fund legitimate?

Carpenters And Joiners Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Carpenters And Joiners 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 not tax deductible.

Here 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 Carpenters And Joiners Welfare Fund?
Who is the CEO of Carpenters And Joiners Welfare Fund?
What is the revenue of Carpenters And Joiners Welfare Fund?
Who are the executives of Carpenters And Joiners Welfare Fund and what are their salaries?
Where can I find the form 990 for Carpenters And Joiners Welfare Fund?

Mission Statement of Carpenters And Joiners Welfare Fund

The Carpenters and Joiners Welfare Fund is a self-funded organization dedicated to providing health and welfare benefits to approximately 15,119 union members and their dependents. In accordance with a collective bargaining agreement, this nonprofit takes on the responsibility of ensuring the wellbeing of its members by offering comprehensive benefits.

The Carpenters and Joiners Welfare Fund's mission comes to life through the provision of essential benefits for its union members. This includes, but is not limited to, covering their health needs and ensuring their overall well-being. By doing so, the organization plays a pivotal role in enhancing the quality of life for its members and their families. As a testament to its commitment, it has been successful in serving the needs of thousands of individuals.

Through its collective bargaining agreement, the Carpenters and Joiners Welfare Fund prioritizes the health and wellbeing of its union members, providing them with a safety net that offers peace of mind. With this commitment, it stands as a beacon of support, enabling its members to focus on their professional pursuits while having the confidence that their health and welfare are being taken care of.

Impact

This information is meant to be a general summary of Carpenters And Joiners Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Carpenters And Joiners Welfare Fund has a direct impact on the lives and well-being of approximately 15,119 union members and their dependents by providing self-funded health and welfare benefits. Through its efforts, this organization ensures that these individuals have access to crucial healthcare services as outlined in the collective bargaining agreement. The Fund plays a vital role in improving the quality of life for its members and their families by supporting their healthcare needs, thereby contributing to their overall health and well-being.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $22,655,769
  • Program Service Revenue: $239,206,987
  • Gross Receipts: $428,579,474

    • Assets and Liabilities:
  • Total Assets: $304,862,000
  • Total Liabilities: $13,188,442
  • Net Assets: $291,673,558
  • Programs

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

    CONTRIBUTIONS

    Revenue

    $239,206,987

    Organization Details

    Founding Year

    1960

    Principal Officer

    Patrick Nilsen

    Main Address

    3001 METRO DRIVE 500, BLOOMINGTON, MN, 55425

    NTEE Category

    Code: Y40 - Mutual benefit

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