Operating Engineers Local 428 Health & Welfare Trust Fund

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

EIN: 866025730 ✦ Phoenix, AZ ✦ Designated as a 501(c)(9)

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Overview

What is Operating Engineers Local 428 Health & Welfare Trust Fund?

Operating Engineers Local 428 Health & Welfare Trust Fund is a nonprofit organization based in Phoenix, Arizona, with the address 2550 W Union Hills Dr Ste 290. Its primary mission is to offer medical benefits and pay for insurance premiums for eligible union members and their dependents. The Trust Fund's core activity revolves around ensuring the well-being of its members by providing essential healthcare coverage.

Is Operating Engineers Local 428 Health & Welfare Trust Fund legitimate?

Operating Engineers Local 428 Health & Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers Local 428 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 Operating Engineers Local 428 Health & Welfare Trust Fund?

The Operating Engineers Local 428 Health & Welfare Trust Fund is dedicated to delivering medical and insurance benefits to its eligible members. Through this mission, they ensure that their members have access to essential healthcare services and financial protection. The fund prioritizes the well-being of its members bycovering medical expenses and insurance premiums for them and their dependents. By focusing on health and welfare, the Trust Fund aims to enhance the quality of life for its members and provide them with peace of mind.

Who is the CEO of Operating Engineers Local 428 Health & Welfare Trust Fund?

Board Of Trustees is the Principal Officer of Operating Engineers Local 428 Health & Welfare Trust Fund.

What is the revenue of Operating Engineers Local 428 Health & Welfare Trust Fund?

Operating Engineers Local 428 Health & Welfare Trust Fund's revenue in 2022 was $19,751,569.

Who are the executives of Operating Engineers Local 428 Health & Welfare Trust Fund and what are their salaries?


Here are 6 key members and their salaries:


David Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Lee (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Davies (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Stevens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Wright (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Operating Engineers Local 428 Health & Welfare Trust Fund?

Operating Engineers Local 428 Health & Welfare Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Operating Engineers Local 428 Health & Welfare Trust Fund

Operating Engineers Local 428 Health & Welfare Trust Fund is a dedicated organization that prioritizes the well-being of its members by offering essential medical and insurance benefits. Established with a clear mission, this trust fund aims to secure the health and financial stability of its members and their dependents.

In practice, Operating Engineers Local 428 Health & Welfare Trust Fund pays for the medical expenses and insurance premiums of eligible individuals. This commitment to health and wellness is a vital aspect of the Fund's purpose, enabling members to focus on their careers and personal lives without the added burden of medical concerns. By providing comprehensive coverage, the Fund fosters peace of mind and promotes overall well-being for its members.

In summary, Operating Engineers Local 428 Health & Welfare Trust Fund is an invaluable resource for its members. Through its mission to provide medical and insurance benefits, it ensures that those it serves have access to the care they need, ultimately contributing to their overall health and financial security.

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Impact




October, 2024

The Operating Engineers Local 428 Health & Welfare Trust Fund provides essential medical and insurance benefits to its members and their dependents, significantly impacting their quality of life. By covering medical expenses and insurance premiums, the Trust Fund helps ensure that members have access to necessary healthcare services, promoting physical well-being and financial stability. Located in Phoenix, AZ, the Fund's mission is centered around the mutual benefit of its members, fostering a supportive community that prioritizes health and security. This support not only alleviates the burdens of medical costs but also enhances overall job satisfaction and peace of mind for members in the operating engineers sector.




This information is meant to be a general summary of Operating Engineers Local 428 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.

Revenue
$19,751,569 (2022)
Expenses
$17,093,689 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,426,267
  • Program Service Revenue: $18,324,378
  • Gross Receipts: $46,512,287

Assets and Liabilities:

  • Total Assets: $37,883,672
  • Total Liabilities: $9,091,025
  • Net Assets: $28,792,647

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Programs

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

Employer Contributions

Revenue

$18,226,943

Participant Contributions

Revenue

$97,435

Organization Details

Founding Year

1959

Principal Officer

Board Of Trustees

Main Address

2550 W Union Hills Dr Ste 290, Phoenix, AZ, 85027

NTEE Category

Code: Y40 - Mutual benefit

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