Overview
What is Iaff Local 587 Health Insurance Trust Fund?
Iaff Local 587 Health Insurance Trust Fund is a nonprofit organization based in Miami, Florida, with a team of five employees. Their primary mission is to provide health, dental, and welfare benefits to eligible members. The trust fund's activities include incurring claims to ensure the accessibility of these essential services. The nonprofit's core purpose is to enhance the wellbeing of its members by offering medical, dental, and additional welfare benefits.
Official website here: www.jmegias@healthtrustmaff.org
What are the reviews and ratings of this charity?
The Iaff Local 587 Health Insurance Trust Fund is currently not rated by Charity Navigator due to its classification outside the typical 501(c)(3) nonprofit status. Charity Navigator relies on Form 990 data and evaluates organizations using various beacons, including Accountability & Finance and Impact & Measurement. Since this organization is not a 501(c)(3), it falls outside their standard evaluation criteria.
The lack of a rating does not imply any specific judgment about the organization’s operations or effectiveness. It simply indicates that the agency has yet to be assessed under Charity Navigator's criteria. For nonprofits that do not file electronically or lack sufficient historical data, rating evaluations are not conducted.
No user reviews are available on GreatNonprofits, leaving limited public feedback to analyze perceptions of the organization. The absence of both detailed financial data and public reviews means stakeholders looking for more information may need to look at alternative sources or direct inquiries about the organization’s impact and operations.
This AI summary has been generated from information found on Charity Navigator.
Is Iaff Local 587 Health Insurance Trust Fund legitimate?
Iaff Local 587 Health Insurance Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iaff Local 587 Health Insurance 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: $177,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.jmegias@healthtrustmaff.org
What is the mission statement of Iaff Local 587 Health Insurance Trust Fund?
The Iaff Local 587 Health Insurance Trust Fund is dedicated to extending medical, dental, and various welfare benefits to eligible members. The core objective of this trust fund is to ensure the wellbeing of its members by granting them access to essential health and dental services. Incurred claims are used to finance these benefits and cater to the healthcare requirements of the eligible members. This organization prioritizes the health and welfare of its members, striving to provide them with comprehensive coverage and peace of mind.
Official website here: www.jmegias@healthtrustmaff.org
Who is the CEO of Iaff Local 587 Health Insurance Trust Fund?
Jorge Megias is the Administrato of Iaff Local 587 Health Insurance Trust Fund.
Official website here: www.jmegias@healthtrustmaff.org
What is the revenue of Iaff Local 587 Health Insurance Trust Fund?
Iaff Local 587 Health Insurance Trust Fund's revenue in 2023 was $26,318,781.
Official website here: www.jmegias@healthtrustmaff.org
Who are the executives of Iaff Local 587 Health Insurance Trust Fund and what are their salaries?
The average compensation at Iaff Local 587 Health Insurance Trust Fund during 2023 was $35,522. There are 5 employees at Iaff Local 587 Health Insurance Trust Fund.
Here are 12 key members and their salaries:
- Compensation: $47,853
- Related: $0
- Other: $0
- Compensation: $40,726
- Related: $0
- Other: $0
- Compensation: $32,704
- Related: $0
- Other: $0
- Compensation: $29,526
- Related: $0
- Other: $0
- Compensation: $26,801
- 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
Official website here: www.jmegias@healthtrustmaff.org
Where can I find the form 990 for Iaff Local 587 Health Insurance Trust Fund?
Iaff Local 587 Health Insurance Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jmegias@healthtrustmaff.org
Learn more at the official website: www.jmegias@healthtrustmaff.org
Mission Statement of Iaff Local 587 Health Insurance Trust Fund
Iaff Local 587 Health Insurance Trust Fund is a mission-driven organization dedicated to extending medical, dental, and other welfare benefits to eligible members. Established with the purpose of providing essential health services, the Trust Fund focuses on enhancing the wellbeing of those it serves.
In their pursuit to deliver comprehensive healthcare solutions, Iaff Local 587 Health Insurance Trust Fund processes claims to ensure eligible members gain access to a broad range of benefits. These benefits not only cater to medical and dental needs but also encompass other welfare services. The Trust Fund's commitment to health and wellness is exemplified through its diligent efforts to provide these vital benefits to those in need.
By offering medical, dental, and welfare benefits, Iaff Local 587 Health Insurance Trust Fund plays a pivotal role in improving the overall health and quality of life for its members. The organization's unwavering dedication to its mission allows it to make a significant difference in the lives of countless individuals, providing them with essential healthcare services and peace of mind.
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Impact
October, 2024
The Iaff Local 587 Health Insurance Trust Fund significantly impacts its members by providing essential medical, dental, and other welfare benefits. This support is crucial for eligible individuals, ensuring access to healthcare services that promote overall well-being. By offering these benefits, the Trust Fund plays a vital role in helping members manage medical expenses and maintain their health. Furthermore, the focus on mutual benefit fosters a sense of community among members, enhancing their quality of life and financial stability in the face of healthcare challenges. The Trust Fund's mission is centered around ensuring that members receive due support, ultimately contributing to a healthier and more resilient workforce.
This information is meant to be a general summary of Iaff Local 587 Health Insurance 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: $566,401
- Program Service Revenue: $25,751,503
- Gross Receipts: $28,126,018
Assets and Liabilities:
- Total Assets: $22,783,919
- Total Liabilities: $184,384,457
- Net Assets: -$161,600,538
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$21,243,714
EMPLOYEE CONTRIBUTIONS
Revenue
$2,235,998
RETIREES CONTRIBUTION
Revenue
$2,169,915
RETIREE DRUG SUBSIDY (RDS)
Revenue
$99,368
COBRA CONTRIBUTIONS
Revenue
$2,508
Organization Details
Founding Year
2018
Phone
(305) 425-1938Principal Officer
Jorge Megias
Main Address
2980 NW SOUTH RIVER DRIVE, MIAMI, FL, 33125
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Iaff Local 587 Health Insurance Trust Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.