Operating Engineers Local No 37 Health & Welfare Fund

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

EIN: 526039006 ✦ Baltimore, MD ✦ Designated as a 501(c)(9)

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Overview

What is Operating Engineers Local No 37 Health & Welfare Fund?

Operating Engineers Local No 37 Health & Welfare Fund is a nonprofit organization based in Baltimore, Maryland. Their primary mission is to provide health and related benefits to participants and beneficiaries. With a team of 47 employees, they are dedicated to ensuring the well-being of those within their community. The organization's activities encompass the provision of comprehensive health benefits to enhance the overall quality of life for its members.

What are the reviews and ratings of this charity?

The Operating Engineers Local No 37 Health & Welfare Fund is not currently rated by Charity Navigator. This is due to its status as an organization that does not fall under the 501(c)(3) designation, which is a prerequisite for evaluation under Charity Navigator's methodologies such as Accountability & Finance, and Impact & Measurement. Thus, the absence of a rating does not reflect any negative or positive judgment about the organization.

This organization is independently managed and not eligible for certain evaluative criteria, including Leadership & Adaptability, Culture & Community, or Impact & Measurement. Charity Navigator focuses its work on nonprofits registered as 501(c)(3), which explains the lack of financial data, such as revenue, expenses, or salary information for key personnel, for this fund.

Given its structure, the Operating Engineers Local No 37 Health & Welfare Fund operates outside the scope of standard charitable evaluation systems. Without user reviews from GreatNonprofits or other insights into its operations and programs, potential donors and stakeholders must rely on other forms of validation to assess the organization's effectiveness and impact.


This AI summary has been generated from information found on Charity Navigator.

Is Operating Engineers Local No 37 Health & Welfare Fund legitimate?

Operating Engineers Local No 37 Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers Local No 37 Health & 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Operating Engineers Local No 37 Health & Welfare Fund?

The Operating Engineers Local No 37 Health & Welfare Fund is dedicated to providing health and related benefits to its participants and beneficiaries. In essence, the fund's mission is to ensure the well-being of those it serves. The organization strives to offer comprehensive coverage and support, aiming to enhance the overall health and quality of life for its members. By providing access to essential healthcare services, the fund empowers people to focus on their personal and professional pursuits, with peace of mind knowing that their wellbeing is taken care of. Through its various offerings, the fund fosters a sense of community and security, enabling individuals to thrive in their daily lives.

Who is the CEO of Operating Engineers Local No 37 Health & Welfare Fund?

Robert Holsey is the Chairman of Operating Engineers Local No 37 Health & Welfare Fund.

What is the revenue of Operating Engineers Local No 37 Health & Welfare Fund?

Operating Engineers Local No 37 Health & Welfare Fund's revenue in 2022 was $15,303,781.

Who are the executives of Operating Engineers Local No 37 Health & Welfare Fund and what are their salaries?

There are 47 employees at Operating Engineers Local No 37 Health & Welfare Fund.


Here are 5 key members and their salaries:


Robert A Holsey (Chairman)
  • Compensation: $0
  • Related: $129,202
  • Other: $60,566
Pierce J Flanigan Iv (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Mcgee Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark F Mcquay (Trustee)
  • Compensation: $0
  • Related: $109,710
  • Other: $60,759
Steve Dietrich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Operating Engineers Local No 37 Health & Welfare Fund?

Operating Engineers Local No 37 Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Operating Engineers Local No 37 Health & Welfare Fund

Operating Engineers Local No 37 Health & Welfare Fund is dedicated to extending health and related benefits to its participants and beneficiaries. The mission of this organization is threefold: first, it aims to ensure the wellbeing of individuals under its purview; second, it offers a range of health-related services, and lastly, it is committed to delivering on its promises to those it serves.

In essence, Operating Engineers Local No 37 Health & Welfare Fund functions as a safety net, providing essential health and welfare benefits to its participants. By doing so, it not only enhances their overall wellbeing but also offers them peace of mind, knowing that they are protected in times of need. Moreover, the organization extends these benefits to their beneficiaries, underscoring its commitment to supporting the broader community.

The organization's activities are centered around delivering comprehensive health and related benefits to its constituents. By focusing on this aspect, it enables them to lead healthier, more productive lives. Operating Engineers Local No 37 Health & Welfare Fund's unwavering dedication to its mission ensures that it remains a vital resource for its participants and their families.

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Impact




October, 2024

The Operating Engineers Local No 37 Health & Welfare Fund significantly impacts the well-being of its participants and beneficiaries by providing essential health and related benefits. Based in Baltimore, MD, the fund is dedicated to ensuring access to healthcare services that improve the quality of life for its members. By offering a range of healthcare benefits, the fund supports the physical and mental health needs of individuals and families within the operating engineers community. This not only addresses immediate health concerns but also contributes to long-term wellness and stability, fostering a healthier workforce and enhancing overall community resilience.




This information is meant to be a general summary of Operating Engineers Local No 37 Health & 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.

Revenue
$15,303,781 (2022)
Expenses
$17,398,666 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $761,351
  • Program Service Revenue: $14,542,430
  • Gross Receipts: $22,771,295

Assets and Liabilities:

  • Total Assets: $30,792,929
  • Total Liabilities: $303,635
  • Net Assets: $30,489,294

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$13,684,672

MEMBER CONTRIBUTIONS

Revenue

$857,758

Organization Details

Founding Year

1956

Principal Officer

Robert Holsey

Main Address

3615 NORTH POINT BOULEVARD NO C, BALTIMORE, MD, 21222

NTEE Category

Code: Y40 - Mutual benefit

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