United Mine Workers Of America Combined Benefit Fund

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

EIN: 521805433 ✦ Washington, DC ✦ Designated as a 501(c)(9)

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Overview

What is United Mine Workers Of America Combined Benefit Fund?

The United Mine Workers of America Combined Benefit Fund is a trust serving as a multiemployer welfare plan, headquartered in Washington, D.C. This nonprofit organization focuses on delivering high-quality medical, vision, and death benefits to eligible beneficiaries efficiently and effectively, as required by contracts and statutes. The mission of the Fund aims to ensure the best possible benefits are provided to those in need. With a team of seven dedicated employees, the Fund strives to meet its mandated responsibilities.


Official website here: www.umwafunds.org

Is United Mine Workers Of America Combined Benefit Fund legitimate?

United Mine Workers Of America Combined Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. United Mine Workers Of America Combined Benefit 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: $421,714
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.umwafunds.org

What is the mission statement of United Mine Workers Of America Combined Benefit Fund?

The United Mine Workers of America Combined Benefit Fund is committed to delivering high-quality, contractually and statutorily mandated benefits to eligible beneficiaries in the most efficient and effective manner possible. As a trust for a multiemployer welfare plan, it provides essential medical, vision, and death benefits to those who meet the eligibility criteria. The organization's primary goal is to ensure the smooth and effective administration of these benefits to enhance the wellbeing and security of its members. By focusing on efficiency and effectiveness, the United Mine Workers of America Combined Benefit Fund aims to maintain the trust and confidence of its beneficiaries while upholding its mission to provide vital benefits in a responsible and reliable manner.


Official website here: www.umwafunds.org

Who is the CEO of United Mine Workers Of America Combined Benefit Fund?

Micheal W Buckner is the Trustee, Co-Chair of United Mine Workers Of America Combined Benefit Fund.


Official website here: www.umwafunds.org

What is the revenue of United Mine Workers Of America Combined Benefit Fund?

United Mine Workers Of America Combined Benefit Fund's revenue in 2022 was $51,957,970.


Official website here: www.umwafunds.org

Who are the executives of United Mine Workers Of America Combined Benefit Fund and what are their salaries?

The average compensation at United Mine Workers Of America Combined Benefit Fund during 2022 was $60,245. There are 7 employees at United Mine Workers Of America Combined Benefit Fund.


Here are 9 key members and their salaries:


Michael O Mckown (Trustee, Co-Chair)
  • Compensation: $0
  • Related: $270,000
  • Other: $0
Paul Piccolini (Trustee)
  • Compensation: $46,154
  • Related: $46,154
  • Other: $21,277
Carl E Van Horn (Trustee)
  • Compensation: $70,000
  • Related: $0
  • Other: $24,664
Gail R Wilensky (Trustee)
  • Compensation: $70,000
  • Related: $0
  • Other: $23,816
William P Hobgood (Trustee)
  • Compensation: $70,000
  • Related: $0
  • Other: $23,550
Micheal W Buckner (Trustee)
  • Compensation: $25,000
  • Related: $49,000
  • Other: $14,229
Lorraine Lewis (Executive Director)
  • Compensation: $47,680
  • Related: $0
  • Other: $5,631
Michael H Holland (Trustee,Co-Chair(Thru 4/15/22))
  • Compensation: $40,000
  • Related: $0
  • Other: $12,234
Samuel Rodriguez (Dir, Finance)
  • Compensation: $29,749
  • Related: $0
  • Other: $7,486


Official website here: www.umwafunds.org

Where can I find the form 990 for United Mine Workers Of America Combined Benefit Fund?

United Mine Workers Of America Combined Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.umwafunds.org

Learn more at the official website: www.umwafunds.org

Mission Statement of United Mine Workers Of America Combined Benefit Fund

The United Mine Workers of America Combined Benefit Fund is a trust that ensures the delivery of mandated medical, vision, and death benefits to eligible beneficiaries in an efficient and effective manner. Established to uphold contractual and statutory obligations, this organization prioritizes the delivery of high-quality benefits to those who depend on them. By focusing on efficiency and effectiveness, the United Mine Workers of America Combined Benefit Fund strives to minimize costs and maximize the value of the benefits provided.

In carrying out its mission, the United Mine Workers of America Combined Benefit Fund serves as a vital safety net for beneficiaries, ensuring they have access to essential healthcare services when they need them most. The organization's commitment to delivering benefits in a timely and responsible manner helps to alleviate the financial burden and stress that can accompany healthcare costs. Moreover, by providing a range of benefits, the United Mine Workers of America Combined Benefit Fund enables beneficiaries to maintain their overall well-being and focus on their personal and professional lives.

The United Mine Workers of America Combined Benefit Fund's unwavering dedication to its mission is a testament to its importance within the community it serves. By prioritizing the needs of its beneficiaries and delivering benefits in a reliable and effective manner, the organization fosters trust and confidence in its ability to make a difference in people's lives. Through its tireless efforts, the United Mine Workers of America Combined Benefit Fund continues to be a beacon of support for those who rely on its essential services.

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Impact




October, 2024

The United Mine Workers of America Combined Benefit Fund plays a crucial role in ensuring that eligible beneficiaries receive their entitled medical, vision, and death benefits in an efficient and effective manner. Acting as a trust for a multiemployer welfare plan, the Fund is dedicated to the high-quality delivery of these benefits as mandated by contracts and statutes. Its impact is most prominently felt by those it serves, offering a safety net for miners and their families during critical times, thereby enhancing their overall well-being and financial security. The Fund's commitment to maximizing benefits while maintaining operational efficiency underscores its importance in supporting the community it serves.




This information is meant to be a general summary of United Mine Workers Of America Combined Benefit 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
$51,957,970 (2022)
Expenses
$54,167,056 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $471,470
  • Program Service Revenue: $51,486,500
  • Gross Receipts: $75,503,963

Assets and Liabilities:

  • Total Assets: $99,192,072
  • Total Liabilities: $78,272,853
  • Net Assets: $20,919,219

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Programs

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

LEGISLATED TRANSFER AML

Revenue

$23,984,773

MEDICARE REIMBURSEMENT

Revenue

$20,119,916

EMPLOYER PREMIUMS

Revenue

$7,368,067

COBRA PREMIUMS

Revenue

$13,744

Organization Details

Founding Year

1993

Principal Officer

Micheal W Buckner

Main Address

2121 K STREET NW STE 350, WASHINGTON, DC, 200371879

NTEE Category

Code: Y40 - Mutual benefit

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