Overview
What is Sheet Metal Workers Local 218 Health & Welfare Fund?
The Sheet Metal Workers Local 218 Health & Welfare Fund is a nonprofit organization dedicated to offering health and death benefits to eligible employees. This fund, established for individuals working in the sheet metal industry, ensures coverage for hospital, surgical, major medical, dental, and short-term disability needs. The organization's mission expands beyond routine benefits, as it pledges to provide health and death benefits should the organization cease operations or dispose of more than a quarter of its net assets. These benefits are made available to all qualified members at year's end.
Is Sheet Metal Workers Local 218 Health & Welfare Fund legitimate?
Sheet Metal Workers Local 218 Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Sheet Metal Workers Local 218 Health & 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 Sheet Metal Workers Local 218 Health & Welfare Fund?
The Sheet Metal Workers Local 218 Health & Welfare Fund is committed to providing health and death benefits to its eligible members. In the event of the organization's discontinuation or significant asset reduction, these benefits include coverage for hospital stays, surgeries, major medical care, dental services, and short-term disability. The fund's mission is to ensure these benefits remain available to covered employees, safeguarding their well-being and financial security. The fund's goal is to maintain its operations and continue offering these essential benefits even in uncertain circumstances.
Who is the CEO of Sheet Metal Workers Local 218 Health & Welfare Fund?
Ed Robison is the Trustee of Sheet Metal Workers Local 218 Health & Welfare Fund.
What is the revenue of Sheet Metal Workers Local 218 Health & Welfare Fund?
Sheet Metal Workers Local 218 Health & Welfare Fund's revenue in 2022 was $5,082,353.
Who are the executives of Sheet Metal Workers Local 218 Health & Welfare Fund and what are their salaries?
There are 10 employees at Sheet Metal Workers Local 218 Health & Welfare Fund.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $111,875
- Other: $83,957
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $113,349
- Other: $84,486
- 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 Sheet Metal Workers Local 218 Health & Welfare Fund?
Sheet Metal Workers Local 218 Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheet Metal Workers Local 218 Health & Welfare Fund
Sheet Metal Workers Local 218 Health & Welfare Fund is a organization dedicated to providing vital health and death benefits to its eligible members. Its mission is twofold: firstly, it offers comprehensive coverage for various medical needs, including hospital visits, surgeries, major medical care, dental services, and short-term disability. Secondly, in the event that the organization ceases operations or disposes of more than a quarter of its net assets, the Fund ensures the continuation of these benefits for its covered employees. This commitment to securing health and death benefits, even in uncertain circumstances, underscores the Fund's dedication to the well-being of its members.
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Impact
October, 2024
The Sheet Metal Workers Local 218 Health & Welfare Fund significantly impacts the well-being of its members by offering crucial health and death benefits. This support includes comprehensive medical coverage such as hospital, surgical, major medical, dental care, and short-term disability benefits for eligible employees who meet the necessary qualifying period.
In times of financial uncertainty or operational changes, the Fund ensures that members are safeguarded against the loss of services by providing essential health and death benefits. This protection plays a vital role in enhancing the quality of life for workers and their families, contributing to a stable and secure workforce in the Springfield, IL area. By prioritizing the health and security of its members, the Fund fosters a supportive community that enables individuals to focus on their work without the added stress of healthcare concerns.
This information is meant to be a general summary of Sheet Metal Workers Local 218 Health & 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: $105,046
- Program Service Revenue: $4,977,307
- Gross Receipts: $10,234,664
Assets and Liabilities:
- Total Assets: $4,609,349
- Total Liabilities: $3,215,110
- Net Assets: $1,394,239
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$4,578,523
EMPLOYEE CONTRIBUTIONS
Revenue
$398,784
Organization Details
Founding Year
1969
Phone
(217) 529-0161Principal Officer
Ed Robison
Main Address
2855 VIA VERDE, SPRINGFIELD, IL, 62703
NTEE Category
Code: J40 - Employment
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