Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees

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

EIN: 526044512 ✦ Baltimore, MD ✦ Designated as a 501(c)(9)

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Overview

What is Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees?

Plumbers and Steamfitters Local 486 Medical Fund Board of Trustees is a nonprofit organization dedicated to providing medical benefits to eligible participants working for contributing employers. acting as a self-insurer, they offer accident, medical, and hospitalization coverage to their members. The Board's mission is to ensure access to essential medical services for its members, securing their wellbeing and peace of mind.

What are the reviews and ratings of this charity?

The Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees is not currently rated by Charity Navigator. This absence of a rating doesn't imply a positive or negative stance; it only reflects the organization's specific classification and available data constraints. Charity Navigator's methodology primarily evaluates 501(c)(3) nonprofits, and since this organization is not registered as such, it falls outside the typical evaluation framework.

Without a rating, it's challenging to provide standard insights into the organization's Accountability and Finance or other operational dimensions. Historical data that might inform today's frameworks are not provided, and there is no accessible information regarding key financial metrics, such as Total Revenue, Expenses, or Salary of Key Persons.

Moreover, as the organization is classified as independent and not associated with larger groupings, it does not benefit from any secondary affiliations' evaluations. Overall transparency into their operations and impact is limited due to the unavailability of user reviews or further methodological insights.


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

Is Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees legitimate?

Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees 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: $32,723
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees?

The Plumbers and Steamfitters Local 486 Medical Fund Board of Trustees is dedicated to delivering medical benefits to eligible participants. By ensuring self-insured accident, medical, and hospitalization coverage for members who work for contributing employers, the board is able to provide essential health services. The ultimate goal is to prioritize the well-being of its members through the provision of these vital medical benefits. The board is committed to maintaining this coverage in order to protect the health and financial security of those it serves. By offering these benefits, the Plumbers and Steamfitters Local 486 Medical Fund Board of Trustees plays a significant role in promoting the overall well-being and peace of mind for its members.

Who is the CEO of Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees?

Pasquale Petrovia is the Trustee of Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees.

What is the revenue of Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees?

Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees's revenue in 2022 was $25,172,836.

Who are the executives of Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees and what are their salaries?

The average compensation at Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees during 2022 was $1,423. There are 23 employees at Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees.


Here are 8 key members and their salaries:


Pasquale Petrovia (Trustee)
  • Compensation: $0
  • Related: $111,327
  • Other: $77,613
Eric Eckstein (Trustee)
  • Compensation: $9,477
  • Related: $0
  • Other: $0
Kenneth Kahl (Trustee)
  • Compensation: $6,865
  • Related: $1,040
  • Other: $0
Anthony George (Trustee)
  • Compensation: $7,918
  • Related: $0
  • Other: $0
Charles Daniel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Cordell (Trustee)
  • Compensation: $7,918
  • Related: $0
  • Other: $0
Lauren Elek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Horton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees?

Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees

Plumbers and Steamfitters Local 486 Medical Fund Board of Trustees is a dedicated organization that focuses on extending medical benefits to eligible participants within the community. By working with contributing employers, this entity ensures that a comprehensive range of accident, medical, and hospitalization benefits are made available on a self-insured basis. This approach allows the Plumbers and Steamfitters Local 486 Medical Fund Board of Trustees to effectively provide essential medical coverage to its members.

In essence, the Plumbers and Steamfitters Local 486 Medical Fund Board of Trustees serves as a vital safety net for individuals employed in the contributing sector. The organization's primary mission is to provide self-insured medical benefits, encompassing accident, medical, and hospitalization coverage, to those who meet the eligibility criteria. By doing so, the Plumbers and Steamfitters Local 486 Medical Fund Board of Trustees plays an indispensable role in safeguarding the health and wellbeing of its members.

The self-insured nature of the medical benefits offered by the Plumbers and Steamfitters Local 486 Medical Fund Board of Trustees allows for greater flexibility and control in managing healthcare costs and services. With a commitment to ensuring the wellbeing of its members, this organization diligently works to secure vital medical coverage for those who need it most.

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Impact




October, 2024

Plumbers and Steamfitters Local 486 Medical Fund Board of Trustees plays a crucial role in providing essential medical benefits to its members. By ensuring that eligible participants working for contributing employers receive comprehensive accident, medical, and hospitalization benefits on a self-insured basis, the organization helps to safeguard the health and well-being of its members in Baltimore, MD.

This support not only eases the financial burden associated with medical expenses but also ensures that members can focus on their work without the added stress of healthcare uncertainties. The board's commitment to stabilizing the medical benefits system fosters a sense of security within the community, ultimately enhancing job satisfaction and workforce stability in the plumbing and steamfitting industry.




This information is meant to be a general summary of Plumbers And Steamfitters Local 486 Medical Fund Board Of Trustees. 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
$25,172,836 (2022)
Expenses
$22,515,357 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $774,667
  • Program Service Revenue: $24,393,415
  • Gross Receipts: $32,429,372

Assets and Liabilities:

  • Total Assets: $38,584,842
  • Total Liabilities: $540,802
  • Net Assets: $38,044,040

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$22,902,149

EMPLOYEE SELF PAYMENTS

Revenue

$1,491,266

Organization Details

Founding Year

1996

Principal Officer

Pasquale Petrovia

Main Address

9411 PHILADELPHIA ROAD S, BALTIMORE, MD, 21237

NTEE Category

Code: Y40 - Mutual benefit

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