Overview
What is Northern Nevada Laborers Health And Welfare Trust Fund?
The Northern Nevada Laborers Health and Welfare Trust Fund is a nonprofit organization dedicated to providing health and welfare benefits to its eligible participants. This includes coverage for medical services, prescription drugs, disability, dental, and vision care. The trust fund also takes care of medical stop loss and life and AD&D insurance premiums, supporting around 1,172 individuals, excluding their dependents. Its primary goal is to enhance the well-being of its participants by offering comprehensive healthcare benefits.
Is Northern Nevada Laborers Health And Welfare Trust Fund legitimate?
Northern Nevada Laborers Health And Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Northern Nevada Laborers Health And 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 Northern Nevada Laborers Health And Welfare Trust Fund?
The Northern Nevada Laborers Health and Welfare Trust Fund's primary objective is to extend health and welfare benefits to its eligible participants. This encompasses various types of coverage, including medical, prescription drugs, disability, dental, and vision benefits. Additionally, the fund pays for medical stop loss and life and AD&D insurance premiums for approximately 1,172 eligible participants, excluding their dependents. In essence, the Trust Fund's mission is to enhance the health and well-being of its participants by providing comprehensive benefits.
Who is the CEO of Northern Nevada Laborers Health And Welfare Trust Fund?
Craig Madole is the Chairman of Northern Nevada Laborers Health And Welfare Trust Fund.
What is the revenue of Northern Nevada Laborers Health And Welfare Trust Fund?
Northern Nevada Laborers Health And Welfare Trust Fund's revenue in 2022 was $11,607,307.
Who are the executives of Northern Nevada Laborers Health And Welfare Trust Fund and what are their salaries?
There 7 volunteers at Northern Nevada Laborers Health And Welfare Trust Fund.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $129,904
- Other: $44,054
- Compensation: $0
- Related: $210,000
- Other: $25,863
- Compensation: $0
- Related: $79,818
- Other: $20,753
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $86,838
- Other: $22,578
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Northern Nevada Laborers Health And Welfare Trust Fund?
Northern Nevada Laborers Health And Welfare Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northern Nevada Laborers Health And Welfare Trust Fund
The Northern Nevada Laborers Health and Welfare Trust Fund is committed to delivering health and welfare benefits to its eligible participants. This nonprofit organization provides a range of essential services, including medical coverage, prescription drugs, disability support, dental care, and vision services. Furthermore, it covers medical stop loss, ensuring financial security for its members in case of unforeseen medical expenses. Additionally, the Trust Fund takes care of life and accidental death and dismemberment (AD&D) insurance premiums for approximately 1,172 eligible participants, excluding their dependents. In essence, the Northern Nevada Laborers Health and Welfare Trust Fund is dedicated to enhancing the health and well-being of its participants by offering comprehensive and inclusive benefits.
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Impact
October, 2024
The Northern Nevada Laborers Health and Welfare Trust Fund significantly impacts the lives of its participants by providing essential health and welfare benefits to approximately 1,172 eligible individuals. By offering a comprehensive range of services, including medical care, prescription drugs, disability coverage, dental, and vision benefits, the Trust Fund ensures that members can access critical healthcare resources.
Additionally, it supports medical stop-loss coverage and pays premiums for life and accidental death & dismemberment insurance, enhancing the financial security of participants and their families. This array of benefits not only contributes to the overall well-being of the participants but also fosters a sense of community and mutual support among laborers in Northern Nevada. The Trust Fund plays a vital role in helping members maintain their health and quality of life, ultimately enhancing their ability to work and support their families.
This information is meant to be a general summary of Northern Nevada Laborers Health And 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 2022.
- Investment Income: $559,709
- Program Service Revenue: $11,047,598
- Gross Receipts: $24,769,502
Assets and Liabilities:
- Total Assets: $18,055,634
- Total Liabilities: $97,758
- Net Assets: $17,957,876
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$10,475,872
Retiree Contributions
Revenue
$499,223
Participant Contributions
Revenue
$45,459
Liquidated Damages
Revenue
$13,311
Interest on Delinquent Contributi
Revenue
$4,317
Organization Details
Founding Year
1958
Phone
(775) 826-7200Principal Officer
Craig Madole
Main Address
445 Apple Street 109, Reno, NV, 89502
NTEE Category
Code: Y40 - Mutual benefit
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