Insulators Local 45 Health Care Plan

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

EIN: 522001419 ✦ Troy, MI ✦ Designated as a 501(c)(9)

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Overview

What is Insulators Local 45 Health Care Plan?

Insulators Local 45 Health Care Plan is a collective bargaining Taft-Hartley fund, headquartered at 700 Tower Drive Suite 300, Troy, MI 48098. This nonprofit organization provides health benefits for eligible members of Insulators Local 45, with a workforce of 38 individuals. The plan's mission is to offer essential health benefits, ensuring the well-being of its eligible members.

Is Insulators Local 45 Health Care Plan legitimate?

Insulators Local 45 Health Care Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Insulators Local 45 Health Care 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 Insulators Local 45 Health Care Plan?

The Insulators Local 45 Health Care Plan, as a collectively bargained Taft-Hartley fund, is committed to providing health benefits for eligible members of Insulators Local 45. Its primary mission involves extending these health benefits, ensuring access to essential medical services for the qualified individuals within this union. This plan serves as a crucial support system, enhancing the overall health and well-being of its members. It is important to note that the Insulators Local 45 Health Care Plan operates under the umbrella of collective bargaining agreements, providing a structured and beneficial healthcare solution for its eligible members.

Who is the CEO of Insulators Local 45 Health Care Plan?

Khris Shively is the Chairman of Insulators Local 45 Health Care Plan.

What is the revenue of Insulators Local 45 Health Care Plan?

Insulators Local 45 Health Care Plan's revenue in 2022 was $5,612,141.

Who are the executives of Insulators Local 45 Health Care Plan and what are their salaries?

There are 38 employees and 6 volunteers at Insulators Local 45 Health Care Plan.


Here are 6 key members and their salaries:


Khris Shively (Chairman)
  • Compensation: $0
  • Related: $89,792
  • Other: $65,884
Gregory Frost (Union Truste)
  • Compensation: $0
  • Related: $74,412
  • Other: $59,392
Paul Willis (Union Truste)
  • Compensation: $1,200
  • Related: $2,149
  • Other: $1,810
Robert Bernius (Management T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Luczkowski (Management T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Meredith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Insulators Local 45 Health Care Plan?

Insulators Local 45 Health Care Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Insulators Local 45 Health Care Plan

Insulators Local 45 Health Care Plan, a collectively bargained Taft-Hartley fund, is dedicated to providing health benefits for eligible members of Insulators Local 45. The mission of this organization is centered around ensuring the well-being of its members by offering comprehensive health benefits. This nonprofit entity operates under the agreement between the union and the employers, thus providing a safety net for the union workers' health needs. By offering these benefits, Insulators Local 45 Health Care Plan plays a vital role in promoting the overall health and well-being of its members.

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Impact




October, 2024

The Insulators Local 45 Health Care Plan significantly impacts the health and well-being of its eligible members by providing vital health benefits. This collectively bargained Taft-Hartley fund ensures that members have access to essential medical services, which is crucial for maintaining both their physical and financial health.

By offering comprehensive health benefits, the plan helps alleviate the burden of medical expenses, allowing members to focus on their work and personal lives without the stress of unaffordable healthcare costs. This support not only enhances the quality of life for members and their families but also fosters a more stable workforce within the insulation industry in Troy, MI.

In essence, the Insulators Local 45 Health Care Plan plays a crucial role in promoting mutual benefit among its members, reinforcing community ties, and ensuring that those who contribute to the labor force are protected in times of need.




This information is meant to be a general summary of Insulators Local 45 Health Care 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.

Revenue
$5,612,141 (2022)
Expenses
$4,288,008 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $167,614
  • Program Service Revenue: $5,423,952
  • Gross Receipts: $6,914,342

Assets and Liabilities:

  • Total Assets: $11,358,648
  • Total Liabilities: $3,815,927
  • Net Assets: $7,542,721

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$5,396,150

SELF PAYMENTS

Revenue

$27,802

Organization Details

Founding Year

1996

Principal Officer

Khris Shively

Main Address

700 TOWER DRIVE SUITE 300, TROY, MI, 480982808

NTEE Category

Code: Y40 - Mutual benefit

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