Laborers District Council Health & Welfare Trust Fund No2

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

EIN: 520228954 ✦ Columbia, MD ✦ Designated as a 501(c)(9)

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Overview

What is Laborers District Council Health & Welfare Trust Fund No2?

Laborers District Council Health & Welfare Trust Fund No2 is a nonprofit organization situated in Columbia, Maryland. Its primary mission is to provide essential healthcare, medical, and welfare benefits to its participants. This includes hospital services and various other forms of support, ensuring the well-being of those it serves. The organization's activities are dedicated to meeting the health and welfare needs of its participants, demonstrating a strong commitment to their overall well-being.

Is Laborers District Council Health & Welfare Trust Fund No2 legitimate?

Laborers District Council Health & Welfare Trust Fund No2 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Laborers District Council Health & Welfare Trust Fund No2 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 Laborers District Council Health & Welfare Trust Fund No2?

The Laborers District Council Health & Welfare Trust Fund No2 serves as a provider, dedicated to offering hospital, medical, and other welfare benefits to its participating individuals. Its mission is centered around ensuring the well-being of its members, providing them with essential healthcare and support services. The fund is committed to enhancing the health and overall quality of life for its participants. It strives to cater to their medical needs, offering a comprehensive range of benefits to help them navigate through various health challenges. The fund's activities are geared towards maintaining the health and well-being of its members, providing them with the necessary support during their time of need.

Who is the CEO of Laborers District Council Health & Welfare Trust Fund No2?

Ryan Boyer is the Chairman of Laborers District Council Health & Welfare Trust Fund No2.

What is the revenue of Laborers District Council Health & Welfare Trust Fund No2?

Laborers District Council Health & Welfare Trust Fund No2's revenue in 2022 was $8,279,213.

Who are the executives of Laborers District Council Health & Welfare Trust Fund No2 and what are their salaries?


Here are 11 key members and their salaries:


Miguel Carballo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Bonzella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Desmond (Trustee (For)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Dario Ferrufino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Hurley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Maloney (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Boyer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Lanning (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julio Palomo (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vaughn Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laborers District Council Health & Welfare Trust Fund No2?

Laborers District Council Health & Welfare Trust Fund No2's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Laborers District Council Health & Welfare Trust Fund No2

Laborers District Council Health & Welfare Trust Fund No2 is dedicated to providing hospital, medical, and various welfare benefits to its participants. This nonprofit organization's mission is to ensure the well-being of its participants by offering a comprehensive range of health and welfare benefits. By serving as a provider of these essential services, Laborers District Council Health & Welfare Trust Fund No2 aims to support and improve the health and livelihood of its participants. The organization's mission is centered around the idea of providing a safety net for those who need it, ensuring that they have access to the necessary medical and welfare services to lead healthy and fulfilling lives.

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Impact




October, 2024

Laborers District Council Health & Welfare Trust Fund No2 significantly impacts the community by providing essential hospital, medical, and other welfare benefits to participants. Located in Columbia, MD, the trust fund plays a crucial role in ensuring access to healthcare services for enrolled members, promoting overall health and well-being. By delivering these benefits, the fund alleviates financial burdens associated with medical care, allowing individuals and families to focus on recovery and wellness.

The trust fund's commitment to supporting its participants fosters a healthier workforce, reduces the risk of financial distress from medical expenses, and enhances the quality of life for many in the labor community. This relational approach to health and welfare not only uplifts individual members but also strengthens community ties, creating a mutual benefit that extends beyond personal health to include economic stability and collective resilience. Overall, the Laborers District Council Health & Welfare Trust Fund No2 is a vital resource that underscores the importance of accessible healthcare and support for laborers and their families.




This information is meant to be a general summary of Laborers District Council Health & Welfare Trust Fund No2. 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
$8,279,213 (2022)
Expenses
$7,626,884 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $126,058
  • Program Service Revenue: $8,153,155
  • Gross Receipts: $11,845,096

Assets and Liabilities:

  • Total Assets: $8,366,852
  • Total Liabilities: $682,437
  • Net Assets: $7,684,415

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$8,140,002

PARTICIPANT CONTRIBUTIONS

Revenue

$13,153

Organization Details

Founding Year

1955

Principal Officer

Ryan Boyer

Main Address

7130 COLUMBIA GATEWAY DRIVE STE A, COLUMBIA, MD, 21046

NTEE Category

Code: Y40 - Mutual benefit

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