Bargaining Association Steelworkers Local 14614 Health & Welfare Fund

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

EIN: 556064846 ✦ Lexington, KY ✦ Designated as a 501(c)(9)

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Overview

What is Bargaining Association Steelworkers Local 14614 Health & Welfare Fund?

The Bargaining Association Steelworkers Local 14614 Health & Welfare Fund is a nonprofit organization, specifically located at 230 Lexington Green Circle Ste 400, Lexington, Kentucky 40503. Its main mission is to provide essential health, disability, and life insurance benefits to eligible participants. This organization is dedicated to improving the well-being of its members by offering comprehensive health and welfare benefits, thereby contributing to their overall quality of life.

Is Bargaining Association Steelworkers Local 14614 Health & Welfare Fund legitimate?

Bargaining Association Steelworkers Local 14614 Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bargaining Association Steelworkers Local 14614 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 Bargaining Association Steelworkers Local 14614 Health & Welfare Fund?

The Bargaining Association Steelworkers Local 14614 Health & Welfare Fund is dedicated to providing health and welfare benefits to eligible participants. This mission is carried out by offering various insurance benefits, including health, disability, and life insurance, to those who meet the fund's eligibility criteria. The primary goal is to enhance the well-being of these individuals by providing them with essential healthcare services and support. The fund may also offer additional resources or assistance to ensure eligible participants can access these benefits effectively.

Who is the CEO of Bargaining Association Steelworkers Local 14614 Health & Welfare Fund?

William G Faulkes is the Trustee of Bargaining Association Steelworkers Local 14614 Health & Welfare Fund.

What is the revenue of Bargaining Association Steelworkers Local 14614 Health & Welfare Fund?

Bargaining Association Steelworkers Local 14614 Health & Welfare Fund's revenue in 2022 was $6,879,190.

Who are the executives of Bargaining Association Steelworkers Local 14614 Health & Welfare Fund and what are their salaries?


Here are 6 key members and their salaries:


Ron Brady (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Farley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William G Faulkes (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall T Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Smailes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James A Spade (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bargaining Association Steelworkers Local 14614 Health & Welfare Fund?

Bargaining Association Steelworkers Local 14614 Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bargaining Association Steelworkers Local 14614 Health & Welfare Fund

Bargaining Association Steelworkers Local 14614 Health & Welfare Fund is committed to providing health and welfare benefits to eligible participants. Their mission, in essence, is to ensure the well-being of their members by offering a range of essential benefits. This includes health insurance, disability coverage, and life insurance, all designed to safeguard the financial and physical well-being of the eligible participants. The Fund's primary objective is to improve the quality of life for its members by providing them with the necessary resources to manage health-related challenges and financial uncertainties. By offering these benefits, the Fund aims to foster a sense of security and support within its community.

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Impact




October, 2024

Bargaining Association Steelworkers Local 14614 Health & Welfare Fund significantly enhances the well-being of eligible participants by providing essential health and welfare benefits. This organization focuses on delivering health, disability, and life insurance coverage, thereby ensuring that members have access to vital support during times of need. In Lexington, KY, it plays a crucial role in promoting the health security of participants, facilitating access to necessary medical care, financial assistance during periods of disability, and peace of mind through life insurance. Overall, its impact is profound, as it helps create a safety net that supports the physical and financial health of the community it serves.




This information is meant to be a general summary of Bargaining Association Steelworkers Local 14614 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
$6,879,190 (2022)
Expenses
$7,041,918 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $94,291
  • Program Service Revenue: $6,784,899
  • Gross Receipts: $6,879,190

Assets and Liabilities:

  • Total Assets: $3,968,891
  • Total Liabilities: $37,519
  • Net Assets: $3,931,372

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$6,519,135

EMPLOYEE SELF PAYS

Revenue

$265,764

Organization Details

Principal Officer

William G Faulkes

Main Address

230 LEXINGTON GREEN CIRCLE STE 400, LEXINGTON, KY, 40503

NTEE Category

Code: Y40 - Mutual benefit

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