Overview
What is Plumbers' & Pipefitters' Welfare Educational Fund?
The Plumbers' & Pipefitters' Welfare Educational Fund is a nonprofit organization dedicated to providing various health and welfare benefits to members of the Plumbers and Pipefitters Union Local 562. Based in Earth City, Missouri, the organization's mission is to support the well-being and education of its members. With a workforce of 724 employees, the Plumbers' & Pipefitters' Welfare Educational Fund offers an array of benefits, including disability coverage, dental, vision, and eyeglasses, life and accidental death insurance, vacation and holidays, severance pay, sub pay, prescription drugs, sickness and hospital coverage, building fund, health center, and apprentice training benefits. The organization's commitment to the welfare of its members exemplifies its goal to enhance their overall quality of life.
Is Plumbers' & Pipefitters' Welfare Educational Fund legitimate?
Plumbers' & Pipefitters' Welfare Educational Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers' & Pipefitters' Welfare Educational 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: $456,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,893,298
For more financial information, click here
What is the mission statement of Plumbers' & Pipefitters' Welfare Educational Fund?
The Plumbers' & Pipefitters' Welfare Educational Fund is dedicated to supplying health and related benefits to the members of the Plumbers and Pipefitters Union Local 562. The mission of this organization is to ensure the welfare and education of union members. The benefits offered encompass various aspects of wellbeing, such as disability coverage, dental and vision care, life and accidental death insurance, vacation and holiday pay, severance pay, and sub pay. Additionally, prescription drugs, sickness and hospital coverage, building fund contributions, health center access, and apprentice training benefits are provided to union members.
Who is the CEO of Plumbers' & Pipefitters' Welfare Educational Fund?
Mark J Collom is the Trustee of Plumbers' & Pipefitters' Welfare Educational Fund.
What is the revenue of Plumbers' & Pipefitters' Welfare Educational Fund?
Plumbers' & Pipefitters' Welfare Educational Fund's revenue in 2022 was $78,005,443.
Who are the executives of Plumbers' & Pipefitters' Welfare Educational Fund and what are their salaries?
The average compensation at Plumbers' & Pipefitters' Welfare Educational Fund during 2022 was $8,770. There are 724 employees at Plumbers' & Pipefitters' Welfare Educational Fund.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $5,520
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $5,520
- Related: $0
- Other: $0
- Compensation: $5,520
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $5,520
- Related: $0
- Other: $0
- Compensation: $5,520
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $127,357
- Related: $0
- Other: $26,910
- Compensation: $165,159
- Related: $0
- Other: $136,884
- Compensation: $120,087
- Related: $0
- Other: $25,602
- Compensation: $122,300
- Related: $0
- Other: $26,525
- Compensation: $128,751
- Related: $0
- Other: $26,770
- Compensation: $134,801
- Related: $0
- Other: $27,862
- Compensation: $143,611
- Related: $0
- Other: $28,195
Where can I find the form 990 for Plumbers' & Pipefitters' Welfare Educational Fund?
Plumbers' & Pipefitters' Welfare Educational Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Plumbers' & Pipefitters' Welfare Educational Fund
The Plumbers' & Pipefitters' Welfare Educational Fund is a nonprofit organization dedicated to offering health and welfare benefits to members of the Plumbers and Pipefitters Union Local 562. The mission of this fund is to provide comprehensive support and resources that cater to the wellbeing of its union members.
In layman's terms, this fund serves as a safety net for Plumbers and Pipefitters Union Local 562 members by ensuring they have access to essential benefits. These benefits encompass various aspects of their health and well-being, including disability coverage, dental and vision care, life and accidental death insurance, vacation and holiday pay, severance benefits, prescription drugs, sickness and hospitalization assistance, a building fund, health center access, and apprentice training programs.
The Plumbers' & Pipefitters' Welfare Educational Fund's commitment to the union members' wellbeing goes beyond basic health benefits. It also offers an educational aspect to help its members expand their skillset and knowledge, further improving their professional growth and financial security.
By providing a range of extensive benefits tailored to the needs of Plumbers and Pipefitters Union Local 562 members, the Plumbers' & Pipefitters' Welfare Educational Fund plays a crucial role in ensuring that these individuals and their families have access to the resources they need to thrive both personally and professionally.
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Impact
October, 2024
The Plumbers' & Pipefitters' Welfare Educational Fund significantly enhances the well-being of members of Plumbers and Pipefitters Local 562 by providing a comprehensive suite of health and welfare benefits. These benefits encompass crucial areas such as disability support, dental, vision care, life insurance, and accidental death coverage. Members also receive vacation, holiday, severance, and sub pay, alongside essential health services such as prescription drug coverage and hospitalization benefits.
The Fund plays a pivotal role in ensuring financial security for its members during times of need, helping to mitigate the economic impact of illness or injury. Additionally, it supports ongoing education through apprentice training programs, thus fostering skilled labor within the plumbing and pipefitting industries.
By addressing both immediate health needs and long-term professional development, the Fund significantly contributes to the stability and quality of life for its members and their families, reinforcing a sense of community and mutual support among union members in Earth City, MO. This comprehensive approach not only advances the health and welfare of individual members but also strengthens the workforce as a whole.
This information is meant to be a general summary of Plumbers' & Pipefitters' Welfare Educational 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: $4,352,579
- Program Service Revenue: $71,731,728
- Gross Receipts: $96,601,932
Assets and Liabilities:
- Total Assets: $175,996,074
- Total Liabilities: $45,366,062
- Net Assets: $130,630,012
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FRINGE CONTRIBUTION INCOME
Revenue
$71,731,728
Organization Details
Founding Year
1951
Phone
(314) 355-1000Principal Officer
Mark J Collom
Main Address
3640 CORPORATE TRAIL DRIVE, EARTH CITY, MO, 63045
NTEE Category
Code: Y40 - Mutual benefit
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