Overview
What is Welfare Fund Of Engineers Local Union 513?
Welfare Fund of Engineers Local Union 513 is a nonprofit organization situated in Bridgeton, Missouri, specifically at 3449 Hollenberg Drive. Their primary mission is to offer essential benefits such as medical, dental, vision, accident, and death coverage to the members of Local 513 of the Operating Engineers Union. This union-affiliated fund ensures the wellbeing of its participants by addressing multiple aspects of their health and wellness.
Is Welfare Fund Of Engineers Local Union 513 legitimate?
Welfare Fund Of Engineers Local Union 513 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Welfare Fund Of Engineers Local Union 513 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:
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What is the mission statement of Welfare Fund Of Engineers Local Union 513?
The Welfare Fund of Engineers Local Union 513 offers essential benefits to its participants. These benefits include medical coverage, dental care, vision insurance, accident protection, and death benefits. The primary goal of the fund is to provide these benefits, ensuring the wellbeing of those associated with Local 513 of the Operating Engineers Union. By offering these comprehensive benefits, the fund aims to enhance the quality of life and peace of mind for its members.
What is the revenue of Welfare Fund Of Engineers Local Union 513?
Welfare Fund Of Engineers Local Union 513's revenue in 2024 was $71,311,395.
Who are the executives of Welfare Fund Of Engineers Local Union 513 and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Welfare Fund Of Engineers Local Union 513?
Welfare Fund Of Engineers Local Union 513's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Welfare Fund Of Engineers Local Union 513
Welfare Fund of Engineers Local Union 513 is a nonprofit organization that offers essential benefits to members of Local 513 Operating Engineers Union. In simple terms, this fund is dedicated to providing medical, dental, vision, accident, and death benefits to its participants.
The mission of Welfare Fund of Engineers Local Union 513 is to ensure the well-being of its union members by offering comprehensive benefits packages. These benefits not only cover the essentials like medical and dental care but also extend to vision needs and accident and death protection. By doing so, the fund aims to alleviate the financial burden of healthcare expenses for its members.
Beyond the provision of these benefits, Welfare Fund of Engineers Local Union 513 plays a crucial role in enhancing the overall quality of life for its union members. The organization's commitment to the health and well-being of its members enables them to focus on their work and personal lives without the added stress of financial concerns related to healthcare. This not only benefits the individuals but also contributes to the strength and stability of the Local 513 Operating Engineers Union as a whole.
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Impact
October, 2024
The Welfare Fund of Engineers Local Union 513 significantly enhances the well-being of its participants by offering a comprehensive range of benefits, including medical, dental, vision, accident, and death benefits. This support plays a crucial role in safeguarding the health and financial security of union members and their families. By ensuring access to essential healthcare services, the fund contributes to improved overall health outcomes, allowing participants to focus on their work without the burden of medical costs.
The provision of these benefits helps to create a supportive community among the members of Local 513, fostering a sense of solidarity and mutual assistance. This network benefits not just individual members but strengthens the union as a whole, promoting a culture of care and support. Moreover, the fund’s focus on accident and death benefits provides critical financial protection during challenging times, ensuring that families are not left vulnerable.
In summary, the Welfare Fund of Engineers Local Union 513 plays an essential role in enhancing the quality of life for its members, reinforcing their health security, financial stability, and sense of community.
This information is meant to be a general summary of Welfare Fund Of Engineers Local Union 513. 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 2024.
- Investment Income: $2,936,151
- Program Service Revenue: $68,446,003
- Gross Receipts: $93,668,999
Assets and Liabilities:
- Total Assets: $114,642,323
- Total Liabilities: $352,852
- Net Assets: $114,289,471
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAN CONTRIBUTIONS
Revenue
$58,419,345
PHARMACY REBATES
Revenue
$8,886,165
FEDERAL SUBSIDY INCOME
Revenue
$1,036,474
ALCOHOL/DRUG SCREENING CONTRIBUTI
Revenue
$91,036
MISCELLANEOUS INCOME
Revenue
$12,983
Organization Details
Founding Year
1966
Principal Officer
Brian Graff
NTEE Category
Code: Y40 - Mutual benefit
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