Roofers Local 241 Insurance Fund

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

EIN: 510244401 ✦ Albany, NY ✦ Designated as a 501(c)(9)

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Overview

What is Roofers Local 241 Insurance Fund?

The Roofers Local 241 Insurance Fund is a charitable organization, offering a range of benefits to its members and their dependents. These benefits include financial assistance in cases of death, disability, hospitalization, medical and surgical needs, as well as vacation support. Additionally, the fund provides healthcare assistance beyond standard insurance coverage. This support aims to improve the overall well-being and financial security of its participants.

Is Roofers Local 241 Insurance Fund legitimate?

Roofers Local 241 Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Roofers Local 241 Insurance 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 Roofers Local 241 Insurance Fund?

The Roofers Local 241 Insurance Fund serves to offer various benefits, including death, disability, hospitalization, medical and surgical aid, vacation support, and health care assistance, to its participants and their dependents. Its mission is centered around providing these essential services to ensure the well-being and financial security of its members during challenging times. The fund aims to support its participants through their toughest moments, offering a safety net of benefits to help them navigate life's uncertainties.

Who is the CEO of Roofers Local 241 Insurance Fund?

Michael Rossi is the Trustee of Roofers Local 241 Insurance Fund.

What is the revenue of Roofers Local 241 Insurance Fund?

Roofers Local 241 Insurance Fund's revenue in 2022 was $2,802,036.

Who are the executives of Roofers Local 241 Insurance Fund and what are their salaries?

There are 6 employees at Roofers Local 241 Insurance Fund.


Here are 6 key members and their salaries:


Michael Rossi (Trustee)
  • Compensation: $0
  • Related: $77,076
  • Other: $0
Anthony Pazmino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Sawyer (Trustee)
  • Compensation: $13,589
  • Related: $2,703
  • Other: $0
Marcus Harris (Trustee)
  • Compensation: $2,051
  • Related: $1,618
  • Other: $0
Bob Farrell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Helfrich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Roofers Local 241 Insurance Fund?

Roofers Local 241 Insurance Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Roofers Local 241 Insurance Fund

The Roofers Local 241 Insurance Fund is a devoted organization that offers a range of benefits to its participants and their dependants. Its primary mission is to provide essential services such as death, disability, hospitalization, medical and surgical coverage, vacation assistance, and health care aid. This nonprofit fund is committed to ensuring the well-being of its members by providing them with the necessary support during challenging times. By offering these benefits, the Roofers Local 241 Insurance Fund aims to alleviate some of the financial burdens associated with unexpected hardships, thereby providing a safety net for its participants and their families.

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Impact




October, 2024

The Roofers Local 241 Insurance Fund significantly impacts the lives of its participants and their dependents by providing a comprehensive range of benefits. These include death and disability assistance, hospitalization coverage, and medical and surgical benefits, ensuring that members have access to essential health care services when needed. Additionally, the fund supports participants with vacation benefits and health care assistance, promoting overall well-being and financial security. By fostering these vital resources in Albany, NY, the fund enhances the quality of life for roofers and their families, demonstrating a strong commitment to mutual benefit and community support.




This information is meant to be a general summary of Roofers Local 241 Insurance 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
$2,802,036 (2022)
Expenses
$2,544,885 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,670
  • Program Service Revenue: $2,769,366
  • Gross Receipts: $3,398,670

Assets and Liabilities:

  • Total Assets: $2,559,867
  • Total Liabilities: $0
  • Net Assets: $2,559,867

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,717,235

PARTICIPANT CONTRIBUTI

Revenue

$52,131

Organization Details

Founding Year

1967

Principal Officer

Michael Rossi

Main Address

890 THIRD STREET, ALBANY, NY, 12206

NTEE Category

Code: Y40 - Mutual benefit

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