Minnesota Laborers Health And Welfare Fund

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

EIN: 416187750 ✦ Mendota heights, MN ✦ Designated as a 501(c)(9)

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Overview

What is Minnesota Laborers Health And Welfare Fund?

The Minnesota Laborers Health and Welfare Fund is a nonprofit organization based in Mendota Heights, MN. This fund offers health, dental, and death benefits to eligible dependents, beneficiaries, and participants. By providing these essential services, it aims to ensure the well-being of those associated with the organization. The mission of the Minnesota Laborers Health and Welfare Fund is to improve the health and welfare of its members through comprehensive benefits, making a positive impact on the lives of the individuals it serves.


Official website here: www.minnesotalaborers.org

What are the reviews and ratings of this charity?

The Minnesota Laborers Health And Welfare Fund currently does not have a rating on Charity Navigator. This absence is primarily due to the organization not being registered as a 501(c)(3) nonprofit, which is necessary for evaluation on the platform. Therefore, no positive or negative implications can be derived from the lack of a rating.

Without a Charity Navigator rating, insights into financials, leadership, cultural impact, and other metrics remain unavailable. The absence of revenue, expense, and key personnel salary data makes a comprehensive assessment challenging. These limitations suggest a need for more publicly available information for stakeholders to evaluate its effectiveness and operations.

There are no user reviews available from GreatNonprofits for the Minnesota Laborers Health And Welfare Fund. Thus, specific community feedback on their programs, impact, or operational efficiency cannot be provided at this time.


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

Is Minnesota Laborers Health And Welfare Fund legitimate?

Minnesota Laborers Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Minnesota Laborers Health And 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


Official website here: www.minnesotalaborers.org

What is the mission statement of Minnesota Laborers Health And Welfare Fund?

The Minnesota Laborers Health and Welfare Fund is committed to delivering health, dental, and death benefits to eligible individuals. Through this plan, participants can access essential coverage designed to enhance their overall well-being. The organization's primary goal is to ensure the health and welfare of its members, providing them with peace of mind and valuable support. By focusing on comprehensive benefits, the Minnesota Laborers Health and Welfare Fund strives to promote the well-being and quality of life for its beneficiaries.


Official website here: www.minnesotalaborers.org

Who is the CEO of Minnesota Laborers Health And Welfare Fund?

Joel Smith is the Trustee-Union of Minnesota Laborers Health And Welfare Fund.


Official website here: www.minnesotalaborers.org

What is the revenue of Minnesota Laborers Health And Welfare Fund?

Minnesota Laborers Health And Welfare Fund's revenue in 2022 was $171,607,729.


Official website here: www.minnesotalaborers.org

Who are the executives of Minnesota Laborers Health And Welfare Fund and what are their salaries?

There are 87 employees at Minnesota Laborers Health And Welfare Fund.


Here are 18 key members and their salaries:


Joseph Fowler (Trustee-Union)
  • Compensation: $0
  • Related: $184,337
  • Other: $107,613
Sheldon Steele (Trustee-Union)
  • Compensation: $0
  • Related: $98,752
  • Other: $68,573
Derek Pederson (Trustee-Union)
  • Compensation: $0
  • Related: $100,559
  • Other: $70,103
Joel Smith (Trustee-Union (Chairman))
  • Compensation: $0
  • Related: $186,858
  • Other: $108,941
Shawn Braford (Trustee-Union)
  • Compensation: $0
  • Related: $130,923
  • Other: $81,837
John Nesse (Trustee-Employer-Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Miller (Trustee-Employer-Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Shoemaker (Trustee-Employer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Grazzini (Trustee-Employer (Secretary))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Roush (Trustee-Employer-Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Person (Trustee-Employer-Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Brady (Trustee-Union)
  • Compensation: $0
  • Related: $175,507
  • Other: $103,639
Keith Petersen (Trustee-Union)
  • Compensation: $0
  • Related: $150,835
  • Other: $92,539
Brian Hook (Trustee-Employer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Henrickson (Trustee-Employer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Brink (Trustee-Employer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Sandberg (Trustee-Employer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Carter (Trustee-Employer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.minnesotalaborers.org

Where can I find the form 990 for Minnesota Laborers Health And Welfare Fund?

Minnesota Laborers Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.minnesotalaborers.org

Learn more at the official website: www.minnesotalaborers.org

Mission Statement of Minnesota Laborers Health And Welfare Fund

The Minnesota Laborers Health and Welfare Fund is a renowned organization dedicated to providing essential health, dental, and death benefits to eligible dependents, beneficiaries, and participants. Established with a mission to support the wellbeing of its members, the Fund goes above and beyond the basics, ensuring comprehensive coverage for those in need.

Located in Mendota Heights, Minnesota, this nonprofit entity takes pride in its commitment to promoting good health and securing a safety net for its beneficiaries. Through the provision of these vital services, the Minnesota Laborers Health and Welfare Fund serves as a vital resource for countless individuals, enabling them to face life's challenges with confidence and peace of mind.

By offering a range of health and welfare benefits, this nonprofit organization is making a significant difference in the lives of its members. It is not just a matter of providing coverage, but also about being there when it matters most - in times of illness, injury, or grief. The Minnesota Laborers Health and Welfare Fund's unwavering dedication to the wellbeing of its members ensures that they receive the care and support they need, empowering them to focus on their recovery and overall well-being.

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Impact




October, 2024

The Minnesota Laborers Health and Welfare Fund plays a crucial role in supporting the health and well-being of eligible participants and their families. By providing comprehensive health, dental, and death benefits, the fund ensures that members have access to essential medical care and financial support during critical times. This assistance not only promotes the physical health of individuals but also contributes to the overall financial stability of families facing unforeseen circumstances. The fund’s commitment to these benefits fosters a sense of security and community among participants, empowering them to lead healthier lives. Additionally, by focusing on mutual benefit, the fund strengthens the bonds within the workforce, enhancing collaboration and productivity in the labor community.




This information is meant to be a general summary of Minnesota Laborers Health And 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.

Revenue
$171,607,729 (2022)
Expenses
$159,944,023 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,425,565
  • Program Service Revenue: $161,175,095
  • Gross Receipts: $233,498,469

Assets and Liabilities:

  • Total Assets: $721,335,627
  • Total Liabilities: $3,340,852
  • Net Assets: $717,994,775

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$146,550,165

PARTICIPANT CONTRIBUTIONS

Revenue

$11,226,713

PRESCRIPTION REBATES

Revenue

$2,759,992

MEDICARE PART D SUBSIDY

Revenue

$516,166

LIQUIDATED DAMAGES

Revenue

$122,059

Organization Details

Founding Year

1968

Principal Officer

Joel Smith

Main Address

2520 PILOT KNOB ROAD 325, MENDOTA HEIGHTS, MN, 55120

NTEE Category

Code: Y40 - Mutual benefit

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