Overview
What is Asbestos Workers L 24 Medical Fund?
Asbestos Workers L 24 Medical Fund is a nonprofit organization situated in Columbia, Maryland. Its primary mission is to support its participants and their dependents by offering various health-related benefits, including health, accident, disability, vision, dental, and death coverage. This is the sole program service provided by the organization, with all revenues and expenses being allocated towards this purpose. The fund aims to provide comprehensive healthcare support to individuals who have been affected by asbestos-related work.
Is Asbestos Workers L 24 Medical Fund legitimate?
Asbestos Workers L 24 Medical Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Asbestos Workers L 24 Medical 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
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What is the mission statement of Asbestos Workers L 24 Medical Fund?
The Asbestos Workers L 24 Medical Fund is established with the mission to provide essential health, accident, disability, vision, dental, and death benefits to its participants and their dependents. This is the primary objective and the only program service of the organization. All revenues and expenses are allocated towards achieving this purpose. The fund aims to ensure the well-being and financial security of its participants in various health and insurance-related aspects.
Who is the CEO of Asbestos Workers L 24 Medical Fund?
Brian Cavey is the Employer Trustee of Asbestos Workers L 24 Medical Fund.
What is the revenue of Asbestos Workers L 24 Medical Fund?
Asbestos Workers L 24 Medical Fund's revenue in 2022 was $8,731,379.
Who are the executives of Asbestos Workers L 24 Medical Fund and what are their salaries?
Here are 7 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $80,044
- Other: $53,064
- Compensation: $0
- Related: $1,885
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Asbestos Workers L 24 Medical Fund?
Asbestos Workers L 24 Medical Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Asbestos Workers L 24 Medical Fund
Asbestos Workers L 24 Medical Fund is dedicated to providing comprehensive health, accident, disability, vision, dental, and death benefits to its participants and their dependents. This nonprofit organization's primary objective and program service revolve around ensuring the well-being of its members, offering a wide range of protective benefits. All the funds and expenditures of the Asbestos Workers L 24 Medical Fund are channeled towards achieving this exempt purpose, making it their central focus and mission.
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Impact
October, 2024
The Asbestos Workers L 24 Medical Fund significantly impacts the lives of its participants and their dependents by providing essential health benefits, including accident, disability, vision, dental, and death benefits. This comprehensive support system plays a critical role in ensuring that individuals exposed to asbestos and their families have access to necessary healthcare and financial assistance during challenging times. By focusing solely on these vital services, the Fund helps alleviate the burdens associated with medical expenses and unforeseen disabilities, fostering a sense of security among its members. Additionally, the Fund's commitment to mutual benefit underscores its dedication to enhancing the overall well-being of its community in Columbia, MD.
This information is meant to be a general summary of Asbestos Workers L 24 Medical 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 2022.
- Investment Income: $233,314
- Program Service Revenue: $8,496,835
- Gross Receipts: $10,925,778
Assets and Liabilities:
- Total Assets: $14,745,188
- Total Liabilities: $1,751,285
- Net Assets: $12,993,903
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$8,225,897
PARTICIPANT CONTRIBUTIONS
Revenue
$270,938
Organization Details
Founding Year
2004
Phone
(410) 872-9500Principal Officer
Brian Cavey
Main Address
7130 COLUMBIA GATEWAY DR NO A, COLUMBIA, MD, 21046
NTEE Category
Code: Y43 - Mutual benefit
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