Overview
What is Plumbers & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund?
The Plumbers & Pipefitters Locals 502 and 633 Health & Welfare Trust Fund is a charitable organization that focuses on offering health benefits to its eligible members and their dependents. Based on the provided information, this nonprofit entity provides comprehensive coverage, including healthcare services, death and disability benefits, dental care, vision coverage, prescription drug plans, and accidental death and dismemberment protection. The mission of the Trust Fund is to ensure the wellbeing of its participants by providing them with essential health services and financial assistance during difficult times.
Is Plumbers & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund legitimate?
Plumbers & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plumbers & Pipefitters Locals 502 & 633 Health & Welfare 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 & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund?
The Plumbers and Pipefitters Locals 502 and 633 Health and Welfare Trust Fund serves to offer health benefits to eligible participants and their dependents. Through this fund, individuals can access various forms of coverage, including health care, death and disability benefits, dental, vision, prescription drugs, and accidental death and dismemberment benefits. The primary objective of the Trust Fund is to ensure the wellbeing of its members by providing comprehensive health benefits and essential coverage for unexpected events. The Trust Fund's mission is to promote health and financial security for its participants, enhancing their overall quality of life.
What is the revenue of Plumbers & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund?
Plumbers & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund's revenue in 2023 was $37,891,284.
Who are the executives of Plumbers & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund and what are their salaries?
There are 54 employees at Plumbers & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $125,477
- Other: $86,058
- Compensation: $0
- Related: $120,157
- Other: $82,189
- Compensation: $0
- Related: $109,946
- Other: $80,849
- Compensation: $0
- Related: $111,235
- Other: $80,849
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Plumbers & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund?
Plumbers & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Plumbers & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund
The Plumbers and Pipefitters Locals 502 & 633 Health and Welfare Trust Fund is a nonprofit organization dedicated to extending health benefits to eligible individuals. By establishing a health benefit fund, this entity ensures that participants and their dependents gain access to crucial healthcare services, coverage for death and disability, dental, vision, prescription drugs, and accidental death and dismemberment benefits. In essence, the Trust Fund serves as a vital resource for providing comprehensive health solutions to those within its purview.
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Impact
October, 2024
The Plumbers & Pipefitters Locals 502 & 633 Health & Welfare Trust Fund plays a significant role in enhancing the well-being of its members and their families by providing a comprehensive range of health benefits. Eligible participants can access critical healthcare services, ensuring they receive necessary medical attention for various health issues.
In addition to standard healthcare coverage, the Trust Fund offers death and disability benefits, which provide financial support during challenging times, offering peace of mind for members and their loved ones. Dental and vision benefits further enhance overall health care, addressing essential needs beyond primary medical coverage.
The prescription drug coverage ensures that participants can afford necessary medications, reducing financial burdens associated with chronic conditions or unexpected health issues. Additionally, the accidental death and dismemberment benefits add an extra layer of security, ensuring members are protected against unforeseen accidents.
By providing these essential health benefits, the Trust Fund helps to foster a sense of community and support among members, ensuring they can focus on their work and personal lives without the stress of overwhelming healthcare costs. The overall impact is a healthier, more secure membership, reflecting a commitment to mutual benefit and collective well-being in the Troy, MI area.
This information is meant to be a general summary of Plumbers & Pipefitters Locals 502 & 633 Health & Welfare 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $302,831
- Program Service Revenue: $37,563,850
- Gross Receipts: $38,322,729
Assets and Liabilities:
- Total Assets: $49,422,396
- Total Liabilities: $415,326
- Net Assets: $49,007,070
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$33,338,436
PARTICIPANT CONTRIBUTIONS
Revenue
$4,225,414
Organization Details
Founding Year
1966
Principal Officer
Scott Lewis
NTEE Category
Code: Y40 - Mutual benefit
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