Overview
What is Pipe Fitters Local No 533 Health & Welfare Plan?
The Pipe Fitters Local No 533 Health & Welfare Plan is a nonprofit organization based in Troy, Michigan, specifically located at 5600 NEW KING DR. This entity's primary mission is to extend health, life, and death & dismemberment benefits to union members and their dependents. As of the taxable year's end, there were 1,855 participants enrolled in the plan. The organization's purpose is to ensure the well-being and protection of its union members and their families.
What are the reviews and ratings of this charity?
The Pipe Fitters Local No 533 Health & Welfare Plan currently holds no rating on Charity Navigator. Ratings typically require beacon scores based on Accountability & Finance and Impact & Measurement; however, this organization cannot be evaluated by these metrics as it is not a 501(c)(3) IRS registered nonprofit. The lack of a rating does not reflect an inherent positive or negative judgment about the nonprofit's operations.
This nonprofit is classified as independent but not a 501(c)(3), meaning it does not qualify for tax-exempt status, nor can it receive tax-deductible contributions under IRS stipulations. While detailed financial data such as revenue, expenses, and salaries for key persons are unavailable, the organization is noted in the IRS's Business Master File, confirming its legitimate operational status.
Due to its 501(c)(3) status absence, Charity Navigator cannot assess the nonprofit's impact, leadership, or community involvement. Historically, other scores mainly revolved around accountability and finance, but specific data for this organization lacks, inhibiting more in-depth analysis or comparison to similar entities. No user reviews are available on GreatNonprofits, offering no additional public insights into the nonprofit's community impact or organizational efficacy.
This AI summary has been generated from information found on Charity Navigator.
Is Pipe Fitters Local No 533 Health & Welfare Plan legitimate?
Pipe Fitters Local No 533 Health & Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pipe Fitters Local No 533 Health & Welfare Plan 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 Pipe Fitters Local No 533 Health & Welfare Plan?
The Pipe Fitters Local No 533 Health & Welfare Plan is committed to providing essential benefits to union members and their dependents. Their primary mission is to offer health, life, and death & dismemberment coverage. With over 1,855 participants as of the end of the taxable year, the organization ensures the wellbeing of a significant number of individuals. Through the provision of these benefits, they contribute to the peace of mind and overall well-being of the union community.
Who is the CEO of Pipe Fitters Local No 533 Health & Welfare Plan?
Luke Moylan is the Trustee, Secretary of Pipe Fitters Local No 533 Health & Welfare Plan.
What is the revenue of Pipe Fitters Local No 533 Health & Welfare Plan?
Pipe Fitters Local No 533 Health & Welfare Plan's revenue in 2023 was $25,386,151.
Who are the executives of Pipe Fitters Local No 533 Health & Welfare Plan and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $148,951
- Other: $91,576
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $156,575
- Other: $94,249
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pipe Fitters Local No 533 Health & Welfare Plan?
Pipe Fitters Local No 533 Health & Welfare Plan's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Pipe Fitters Local No 533 Health & Welfare Plan
Pipe Fitters Local No 533 Health & Welfare Plan, a vital organization, is dedicated to extending health, life, and death & dismemberment benefits to the union members and their dependents. The mission of this plan is geared towards ensuring the wellbeing of its members and their families, providing them with a sense of security and peace of mind.
In simple terms, Pipe Fitters Local No 533 Health & Welfare Plan serves as a protective shield, offering essential benefits to its union members. With a roster of 1,855 covered participants, the organization's reach is extensive and far-reaching. The plan's commitment to its members goes beyond just providing basic healthcare; it also extends to life and death benefits, as well as dismemberment coverage. This comprehensive approach to health and welfare ensures that the members and their dependents are taken care of, both during times of good health and in times of need.
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Impact
October, 2024
The Pipe Fitters Local No 533 Health & Welfare Plan plays a crucial role in supporting the well-being of union members and their families by providing essential health, life, and death and dismemberment benefits. With 1,855 participants covered, the plan ensures that members have access to necessary healthcare services and financial protection in the event of life-altering circumstances.
By offering these benefits, the plan not only enhances the quality of life for union members but also fosters a sense of security and stability within the community. This security allows members to focus on their work without the constant worry of health-related expenses or the impact of unforeseen events. Overall, the plan significantly contributes to the physical, emotional, and financial well-being of its participants and their dependents.
This information is meant to be a general summary of Pipe Fitters Local No 533 Health & Welfare Plan. 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 2023.
- Investment Income: $911,033
- Program Service Revenue: $24,470,282
- Gross Receipts: $39,017,895
Assets and Liabilities:
- Total Assets: $48,554,971
- Total Liabilities: $264,176
- Net Assets: $48,290,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTTRIBUTIONS
Revenue
$22,130,592
EMPLOYEE CONTRIBUTIONS
Revenue
$2,339,690
Organization Details
Founding Year
1954
Phone
(816) 756-3313Principal Officer
Luke Moylan
Main Address
5600 NEW KING DR, TROY, MI, 48098
NTEE Category
Code: Y40 - Mutual benefit
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