Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund

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

EIN: 596150964 ✦ Pembroke pines, FL ✦ Designated as a 501(c)(9)

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Overview

What is Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund?

Air Conditioning Refrigtng Htg & Piping Ind Health & Welfare Fund is a multi-employer organization established through a collective bargaining agreement. Based in Pembroke Pines, Florida, the fund provides essential benefits, including healthcare, prescriptions, dental, life, and disability coverage, to employees working under the agreement, predominantly in the air conditioning, refrigeration, heating, and piping industry. The fund's mission is to ensure the well-being of its participants by offering comprehensive benefits and securing their financial and health security.


Official website here: www.725benefits.org/

Is Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund legitimate?

Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Air Conditioning Refrgtng Htg & Piping Ind 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


Official website here: www.725benefits.org/

What is the mission statement of Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund?

This multi-employer health and welfare fund, established through a collective bargaining agreement, is dedicated to providing comprehensive benefits to its participants. The fund offers healthcare coverage, prescription drug plans, dental insurance, life insurance, and disability benefits. Its primary focus is on serving employees working within the air conditioning, refrigeration, heating, and piping industry. By offering these essential benefits, the fund aims to support the well-being and financial security of its members.


Official website here: www.725benefits.org/

Who is the CEO of Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund?

Eduardo Llosent is the Co-Chair of Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund.


Official website here: www.725benefits.org/

What is the revenue of Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund?

Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund's revenue in 2022 was $14,027,621.


Official website here: www.725benefits.org/

Who are the executives of Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund and what are their salaries?

There 9 volunteers at Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund.


Here are 9 key members and their salaries:


Eduardo Llosent (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth E Scott Jr (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Borja (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Castro (Trustee)
  • Compensation: $1,465
  • Related: $0
  • Other: $0
Julie Dietrich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Figueras (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Flavell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Heslekrants (Trustee)
  • Compensation: $2,026
  • Related: $0
  • Other: $0
Larry Means (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.725benefits.org/

Where can I find the form 990 for Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund?

Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.725benefits.org/

Learn more at the official website: www.725benefits.org/

Mission Statement of Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund

Air Conditioning Refrgtng Htg & Piping Ind Health & Welfare Fund, also known as the Union Fund, is a multi-employer organization established through a collective bargaining agreement. This beneficial entity is dedicated to extending healthcare, prescription, dental, life, and disability coverage to its participating workforce. The majority of the employees under this agreement are employed within the air conditioning, refrigeration, heating, and piping industry in Florida.

The Union Fund's primary aim is to ensure the well-being and security of its members by offering comprehensive benefits. Through the fund, participants have access to essential healthcare services, including doctor visits, hospitalizations, and prescription medications. The dental coverage provides preventative and restorative services to maintain overall oral health. Moreover, the life and disability benefits offer financial security to employees and their families in times of need, providing peace of mind and alleviating financial stress.

The Union Fund's mission is to create a safety net for its members, enabling them to focus on their work and their families without worrying about their healthcare and financial security. By pooling resources and leveraging the collective bargaining power of the industry, the Union Fund is able to negotiate competitive benefit plans, ensuring that its members receive the best possible coverage. The Fund's commitment to the welfare of its participants underscores its importance as a vital support system within the air conditioning, refrigeration, heating, and piping industry in Florida.

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Impact




October, 2024

The Air Conditioning Refrigerating Heating & Piping Industry Health & Welfare Fund significantly impacts the well-being of employees in the air conditioning, refrigeration, heating, and piping sectors in Florida. By providing essential healthcare, prescription, dental, life, and disability benefits, the fund ensures that workers have access to vital services that promote their health and financial security.

Through its multiemployer plan established by collective bargaining agreements, the fund addresses the unique needs of its participants, offering peace of mind in terms of medical care and financial protections. This support not only enhances the quality of life for employees and their families but also contributes to workforce stability and productivity within the industry. Overall, the fund plays a crucial role in safeguarding the health and welfare of those who keep Florida's air conditioning and heating systems functional, thereby maintaining comfort and safety in the community.




This information is meant to be a general summary of Air Conditioning Refrgtng Htg & Piping Ind 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
$14,027,621 (2022)
Expenses
$15,453,414 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $380,579
  • Program Service Revenue: $13,647,042
  • Gross Receipts: $23,533,895

Assets and Liabilities:

  • Total Assets: $22,233,694
  • Total Liabilities: $16,772,385
  • Net Assets: $5,461,309

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$13,523,195

SELF-PAY

Revenue

$123,847

Organization Details

Founding Year

1958

Principal Officer

Eduardo Llosent

Main Address

15800 PINES BOULEVARD 201, PEMBROKE PINES, FL, 33027

NTEE Category

Code: Y40 - Mutual benefit

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