Overview
What is Plumbers & Pipefitters Local Union 74 Welfare Fund?
Plumbers & Pipefitters Local Union 74 Welfare Fund is a nonprofit organization situated in Wilmington, Delaware. Its primary role is to provide health care, dental coverage, disability benefits, and prescription services to its participants or their beneficiaries. As of the end of the previous year, approximately 812 individuals were covered under this welfare fund. The trust's mission is dedicated to ensuring the well-being and support of its members.
Is Plumbers & Pipefitters Local Union 74 Welfare Fund legitimate?
Plumbers & Pipefitters Local Union 74 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers & Pipefitters Local Union 74 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:
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What is the mission statement of Plumbers & Pipefitters Local Union 74 Welfare Fund?
The Plumbers & Pipefitters Local Union 74 Welfare Fund is dedicated to providing various benefits to its participants. These benefits include healthcare, dental coverage, disability support, and prescription drug coverage. The primary objective of this fund is to ensure the well-being of its participants and their beneficiaries, providing them with essential healthcare services. As of the end of the plan year, approximately 812 individuals have been covered by these benefits.
Who is the CEO of Plumbers & Pipefitters Local Union 74 Welfare Fund?
Terrence Shannon is the Trustee of Plumbers & Pipefitters Local Union 74 Welfare Fund.
What is the revenue of Plumbers & Pipefitters Local Union 74 Welfare Fund?
Plumbers & Pipefitters Local Union 74 Welfare Fund's revenue in 2022 was $10,945,789.
Who are the executives of Plumbers & Pipefitters Local Union 74 Welfare Fund and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Plumbers & Pipefitters Local Union 74 Welfare Fund?
Plumbers & Pipefitters Local Union 74 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Plumbers & Pipefitters Local Union 74 Welfare Fund
Plumbers & Pipefitters Local Union 74 Welfare Fund is an entity that is dedicated to providing various benefits to its participants. At its core, the fund offers health care, dental coverage, disability support, and prescription assistance to its plan participants. This trust is designed with the primary purpose of catering to the health care needs of its participants or their beneficiaries. As of the end of the plan year, approximately 812 individuals have been covered under this program.
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Impact
October, 2024
The Plumbers & Pipefitters Local Union 74 Welfare Fund plays a crucial role in enhancing the well-being of its participants by providing essential health care, dental, disability, and prescription benefits. With approximately 812 individuals covered, the Fund ensures that participants and their beneficiaries have access to critical health services and support. This comprehensive program is dedicated to safeguarding the health of workers in the plumbing and pipefitting industries, fostering a healthier workforce and contributing to overall community wellness in Wilmington, DE. By offering these vital benefits, the Fund not only addresses immediate health care needs but also promotes financial security and peace of mind for its members.
This information is meant to be a general summary of Plumbers & Pipefitters Local Union 74 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: $163,305
- Program Service Revenue: $10,782,484
- Gross Receipts: $20,022,003
Assets and Liabilities:
- Total Assets: $19,962,353
- Total Liabilities: $219,822
- Net Assets: $19,742,531
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER/RECIPROCAL CONTRIBUT
Revenue
$9,612,031
EMPLOYEE CONTRIBUTIONS
Revenue
$1,162,676
EMPLOYER LATE PAYMENT ASSESSM
Revenue
$7,777
Organization Details
Founding Year
1990
Phone
(302) 762-2008Principal Officer
Terrence Shannon
Main Address
501 CARR RD SUITE 220, WILMINGTON, DE, 198092866
NTEE Category
Code: Y40 - Mutual benefit
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