Plumbers & Fitters Local Union No 110 Benefit Trust Fund

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

EIN: 546058147 ✦ Norfolk, VA ✦ Designated as a 501(c)(9)

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Overview

What is Plumbers & Fitters Local Union No 110 Benefit Trust Fund?

The Plumbers & Fitters Local Union No 110 Benefit Trust Fund is a nonprofit organization situated in Norfolk, Virginia. Its primary function is to offer a range of benefits to its participants, including health, dental, vision, temporary disability, and life insurance coverage. The trust fund is dedicated to supporting its members by providing these essential services, thereby enhancing their overall well-being.

Is Plumbers & Fitters Local Union No 110 Benefit Trust Fund legitimate?

Plumbers & Fitters Local Union No 110 Benefit Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers & Fitters Local Union No 110 Benefit Trust 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 Plumbers & Fitters Local Union No 110 Benefit Trust Fund?

The Plumbers & Fitters Local Union No 110 Benefit Trust Fund is committed to offering various benefits, such as health, dental, vision, temporary disability, and life insurance, to its participant members. The primary objective of this trust fund is to provide these essential benefits, aimed at enhancing the well-being and security of its members. The trust fund operates independently, with its location in Norfolk, VA, serving as a point of reference for its participants. While not a mission statement in the traditional sense, the provision of benefits is the fundamental purpose and activity of the Plumbers & Fitters Local Union No 110 Benefit Trust Fund.

Who is the CEO of Plumbers & Fitters Local Union No 110 Benefit Trust Fund?

Kris Begolly is the Chairman of Plumbers & Fitters Local Union No 110 Benefit Trust Fund.

What is the revenue of Plumbers & Fitters Local Union No 110 Benefit Trust Fund?

Plumbers & Fitters Local Union No 110 Benefit Trust Fund's revenue in 2022 was $6,266,212.

Who are the executives of Plumbers & Fitters Local Union No 110 Benefit Trust Fund and what are their salaries?

There are 20 employees at Plumbers & Fitters Local Union No 110 Benefit Trust Fund.


Here are 7 key members and their salaries:


Kris Begolly (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Royden Goodson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Mason (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mathias (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Matthews (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Pantele (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Salway (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Plumbers & Fitters Local Union No 110 Benefit Trust Fund?

Plumbers & Fitters Local Union No 110 Benefit Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Plumbers & Fitters Local Union No 110 Benefit Trust Fund

The Plumbers & Fitters Local Union No 110 Benefit Trust Fund is a dedicated entity that focuses on delivering various benefits to its participants. Its primary mission is to offer health, dental, vision, temporary disability, and life insurance benefits to the individuals it serves. This nonprofit organization aims to enhance the well-being and security of its participants by providing these essential benefits, ensuring they can maintain their health and financial stability.

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Impact




October, 2024

The Plumbers & Fitters Local Union No 110 Benefit Trust Fund significantly impacts the lives of its participants by providing essential health, dental, vision, temporary disability, and life insurance benefits. Located in Norfolk, VA, the trust fund serves as a vital resource for union members, ensuring they have access to necessary healthcare services and financial support during challenging times. By delivering these benefits, the fund enhances the overall well-being and security of its participants and their families, fostering a supportive community that values health and financial stability.




This information is meant to be a general summary of Plumbers & Fitters Local Union No 110 Benefit Trust 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
$6,266,212 (2022)
Expenses
$5,336,303 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$450,406
  • Program Service Revenue: $6,107,463
  • Gross Receipts: $8,132,683

Assets and Liabilities:

  • Total Assets: $14,579,626
  • Total Liabilities: $2,505,894
  • Net Assets: $12,073,732

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$5,579,513

EMPLOYEE CONTRIBUTIONS

Revenue

$527,950

Organization Details

Founding Year

1962

Principal Officer

Kris Begolly

Main Address

5305 VIRGINIA BEACH BLVD, NORFOLK, VA, 23502

NTEE Category

Code: Y40 - Mutual benefit

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