International Union Of Operating Engineers Local 132 Health & Welfare Fd

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

EIN: 550455491 ✦ Huntington, WV ✦ Designated as a 501(c)(9)

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Overview

What is International Union Of Operating Engineers Local 132 Health & Welfare Fd?

The International Union of Operating Engineers Local 132 Health and Welfare Fund is a trust that offers health insurance benefits to the union members and retirees in the specified area. This nonprofit organization, through successful negotiations between labor unions and management, ensures that it caters to the health needs of its union community.

What are the reviews and ratings of this charity?

The International Union Of Operating Engineers Local 132 Health & Welfare Fd is currently not rated on Charity Navigator. This lack of a rating is primarily because the organization does not have either the Accountability & Finance or Impact & Measurement beacons required for evaluation. The absence of a rating should not be interpreted as either positive or negative but rather that the organization has not been assessed due to its non-501(c)(3) status.

Charity Navigator notes that the organization is an independent entity and not a 501(c)(3) nonprofit, which means it is not tax-exempt or eligible to receive tax-deductible contributions. Consequently, detailed financial data such as total revenue, expenses, and key personnel salaries are not available, limiting public insight into its financial efficiency and operational practices.

The organization is also not evaluated on Culture & Community, Leadership & Adaptability, or Impact & Measurement metrics as these pertain only to 501(c)(3) registered nonprofits, thus limiting evaluation from a wider organizational effectiveness perspective. No user reviews from GreatNonprofits are available to provide additional insights into its operations and community impact.


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

Is International Union Of Operating Engineers Local 132 Health & Welfare Fd legitimate?

International Union Of Operating Engineers Local 132 Health & Welfare Fd is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Union Of Operating Engineers Local 132 Health & Welfare Fd 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: $177,276

For more financial information, click here

What is the mission statement of International Union Of Operating Engineers Local 132 Health & Welfare Fd?

The International Union of Operating Engineers Local 132 Health and Welfare Fund serves as a health benefits provider for union members and retirees. Through collective negotiations between the union and management, this trust has been able to cater to the health needs of its members effectively. The mission of the fund revolves around delivering health insurance advantages to its union population. By doing so, it ensures the wellbeing of its members and enhances their quality of life. The fund's primary focus is on providing essential health benefits, aiming to maintain the health and wellness of its members and retirees. Negotiations between the union and management have played a significant role in ensuring that the fund stays responsive to the evolving needs of its membership.

Who is the CEO of International Union Of Operating Engineers Local 132 Health & Welfare Fd?

Jerry Moore is the Trustee of International Union Of Operating Engineers Local 132 Health & Welfare Fd.

What is the revenue of International Union Of Operating Engineers Local 132 Health & Welfare Fd?

International Union Of Operating Engineers Local 132 Health & Welfare Fd's revenue in 2023 was $29,886,966.

Who are the executives of International Union Of Operating Engineers Local 132 Health & Welfare Fd and what are their salaries?

The average compensation at International Union Of Operating Engineers Local 132 Health & Welfare Fd during 2023 was $4,029. There are 44 employees at International Union Of Operating Engineers Local 132 Health & Welfare Fd.


Here are 4 key members and their salaries:


Charles Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
D W Daniel Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Farley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Huffman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for International Union Of Operating Engineers Local 132 Health & Welfare Fd?

International Union Of Operating Engineers Local 132 Health & Welfare Fd's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of International Union Of Operating Engineers Local 132 Health & Welfare Fd

The International Union of Operating Engineers Local 132 Health & Welfare Fund is a dedicated trust that offers health insurance benefits to the union members and retirees in the area. Established through negotiations between the union and management, this fund is committed to addressing the healthcare needs of its members effectively.

This fund functions as a health and welfare benefit trust, which signifies its primary focus on the well-being of its union members. By providing health insurance coverage, the International Union of Operating Engineers Local 132 Health & Welfare Fund aims to ensure that its members have access to essential medical services and resources. The negotiations between the union and management have played a crucial role in enabling the fund to cater to the needs of its members, ultimately enhancing their overall quality of life.

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Impact




October, 2024

The International Union of Operating Engineers Local 132 Health & Welfare Fund significantly impacts the lives of union members and retirees by providing essential health insurance benefits. Through effective negotiations between the union and management, the fund has tailored its offerings to address the specific needs of its members. This support not only enhances the financial security of individuals and their families but also promotes overall health and well-being within the community. By ensuring access to quality healthcare, the fund plays a vital role in safeguarding the health interests of those who contribute to the local workforce, ultimately fostering a more resilient and productive labor environment in Huntington, WV.




This information is meant to be a general summary of International Union Of Operating Engineers Local 132 Health & Welfare Fd. 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
$29,886,966 (2023)
Expenses
$38,876,110 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,945,113
  • Program Service Revenue: $27,823,169
  • Gross Receipts: $62,797,451

Assets and Liabilities:

  • Total Assets: $130,592,369
  • Total Liabilities: $1,405,570
  • Net Assets: $129,186,799

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Programs

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

Employer Payments

Revenue

$26,189,855

Member Payments

Revenue

$1,633,314

Organization Details

Founding Year

1961

Principal Officer

Jerry Moore

Main Address

636 Fourth Avenue, Huntington, WV, 25701

NTEE Category

Code: Y40 - Mutual benefit

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