National Automatic Sprinkler Industry 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: 530215881 ✦ Landover, MD ✦ Designated as a 501(c)(9)

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Overview

What is National Automatic Sprinkler Industry Welfare Fund?

The National Automatic Sprinkler Industry Welfare Fund is a nonprofit organization based in Landover, Maryland, with a workforce of 56 employees. They are dedicated to providing health and welfare benefits to eligible employees as outlined in a Collective Bargaining Agreement and Participation Agreements. This fund's mission focuses on enhancing the wellbeing of its employees by administering and managing these important benefits.


Official website here: www.nasifund.org

What are the reviews and ratings of this charity?

The National Automatic Sprinkler Industry Welfare Fund lacks a rating from Charity Navigator due to its status as a non-501(c)(3) organization, which disqualifies it from typical nonprofit evaluations. Charity Navigator cannot apply their standard methodologies, such as Accountability & Finance or Impact & Measurement, to assess this welfare fund. Furthermore, there is no available financial data for revenue, expenses, or key salaries owing to a lack of electronically-filed Form 990 data.

Despite the absence of a formal rating, the lack of a Charity Navigator evaluation does not necessarily reflect negatively on the organization. It simply indicates that the organization operates outside the criteria typically used for these reviews, primarily reserved for tax-exempt, deductible contribution-eligible entities. Without the 501(c)(3) designation, the organization remains independent, functioning on criteria separate from religious, educational, charitable, or scientific intents traditionally required for such reviews.

There are no user reviews on GreatNonprofits for the National Automatic Sprinkler Industry Welfare Fund. Thus, no personal experiences or specific insights into the organization's strengths or weaknesses from users can be reported.


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

Is National Automatic Sprinkler Industry Welfare Fund legitimate?

National Automatic Sprinkler Industry Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. National Automatic Sprinkler Industry 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: $371,331
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,998,405

For more financial information, click here


Official website here: www.nasifund.org

What is the mission statement of National Automatic Sprinkler Industry Welfare Fund?

The National Automatic Sprinkler Industry Welfare Fund is dedicated to providing health and welfare benefits to eligible employees. This commitment is upheld through collective bargaining agreements and participation agreements. By offering these benefits, the Fund prioritizes the well-being of its employees, ensuring they have access to essential services and resources. This mission aims to foster a healthy and content workforce, ultimately contributing to the overall success of the industry. The Fund's focus on employee welfare sets it apart, creating a supportive community where members can thrive both personally and professionally.


Official website here: www.nasifund.org

Who is the CEO of National Automatic Sprinkler Industry Welfare Fund?

John Eger is the Trustee, Chairman of National Automatic Sprinkler Industry Welfare Fund.


Official website here: www.nasifund.org

What is the revenue of National Automatic Sprinkler Industry Welfare Fund?

National Automatic Sprinkler Industry Welfare Fund's revenue in 2022 was $308,163,110.


Official website here: www.nasifund.org

Who are the executives of National Automatic Sprinkler Industry Welfare Fund and what are their salaries?

The average compensation at National Automatic Sprinkler Industry Welfare Fund during 2022 was $42,317. There are 56 employees at National Automatic Sprinkler Industry Welfare Fund.


Here are 17 key members and their salaries:


Brian Dunn (Trustee, Chairman)
  • Compensation: $0
  • Related: $183,346
  • Other: $105,647
Fred Barall (Trustee, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Corcoran (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Gibbons (Trustee)
  • Compensation: $0
  • Related: $197,094
  • Other: $126,411
Kevin Bellew (Trustee)
  • Compensation: $0
  • Related: $182,890
  • Other: $110,280
Robert J Cooper Jr (Trustee)
  • Compensation: $0
  • Related: $180,330
  • Other: $104,742
Brian E Fisher (Trustee)
  • Compensation: $0
  • Related: $179,331
  • Other: $104,443
Robert Vincent (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Ray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Savitz Alternate (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Ulmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Eger (Administrator)
  • Compensation: $92,355
  • Related: $192,295
  • Other: $103,051
Anna Bosmans (Assistant Administrator)
  • Compensation: $78,668
  • Related: $96,364
  • Other: $50,050
Nia Padmore (Claims Manager)
  • Compensation: $143,399
  • Related: $3,801
  • Other: $45,316
Robert Kaufman (It Manager)
  • Compensation: $56,909
  • Related: $89,291
  • Other: $45,167
Lori Middleton (Supplemental Pension Manag)
  • Compensation: $0
  • Related: $108,350
  • Other: $39,542
Neil White (Senior Programmer/Anaylst)
  • Compensation: $45,712
  • Related: $60,260
  • Other: $39,188


Official website here: www.nasifund.org

Where can I find the form 990 for National Automatic Sprinkler Industry Welfare Fund?

National Automatic Sprinkler Industry Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nasifund.org

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

Mission Statement of National Automatic Sprinkler Industry Welfare Fund

The National Automatic Sprinkler Industry Welfare Fund is a renowned organization dedicated to providing health and welfare benefits to eligible employees. It operates under the umbrella of a Collective Bargaining Agreement and Participation Agreements. In simple terms, this nonprofit is committed to enhancing the well-being of its beneficiaries through comprehensive health and welfare programs.

By offering these essential benefits, the National Automatic Sprinkler Industry Welfare Fund plays a pivotal role in ensuring the wellbeing of its workforce. Through its initiatives, the organization enables employees to focus on their professional growth without the burden of health concerns. The Fund's mission is a testament to its dedication towards the welfare of its employees, fostering a positive and productive work environment.

In essence, the National Automatic Sprinkler Industry Welfare Fund is a beacon of support for its employees. It provides a safety net, ensuring that they have access to vital health and welfare services. By alleviating the stresses associated with healthcare and other essential services, the Fund empowers its employees to excel in their careers and contribute to the success of their industry.

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Impact




October, 2024

The National Automatic Sprinkler Industry Welfare Fund significantly impacts the lives of eligible employees by providing essential health and welfare benefits. Through collective bargaining agreements and participation agreements, it ensures that workers in the sprinkler industry have access to necessary resources that promote their well-being and financial security. By facilitating health benefits, the fund contributes to the overall stability of employees and their families, fostering a healthier workforce and a more resilient community. This support not only enhances individual quality of life but also strengthens the industry by promoting worker satisfaction and retention.




This information is meant to be a general summary of National Automatic Sprinkler Industry 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
$308,163,110 (2022)
Expenses
$298,855,120 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$783,391
  • Program Service Revenue: $308,946,501
  • Gross Receipts: $828,665,906

Assets and Liabilities:

  • Total Assets: $717,614,743
  • Total Liabilities: $85,539,688
  • Net Assets: $632,075,055

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$291,809,208

PARTICIPANTS' CONTR.

Revenue

$16,789,535

LIQUIDATED DAMAGES

Revenue

$165,136

Organization Details

Founding Year

1957

Principal Officer

John Eger

Main Address

8000 CORPORATE DRIVE, LANDOVER, MD, 20785

NTEE Category

Code: Y40 - Mutual benefit

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