Sup Welfare Plan Inc

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

EIN: 941243666 ✦ San francisco, CA ✦ Designated as a 501(c)(9)

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Overview

What is Sup Welfare Plan Inc?

Sup Welfare Plan Inc is a nonprofit organization situated in San Francisco, California. Their primary focus is to extend health and welfare benefits to eligible participants, as outlined in collective bargaining agreements. Their mission is to provide these essential benefits, ensuring the well-being of the covered individuals. The organization's activities are centered around this mission, serving the community in San Francisco.

Is Sup Welfare Plan Inc legitimate?

Sup Welfare Plan Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sup Welfare Plan Inc 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: $390,904

For more financial information, click here

What is the mission statement of Sup Welfare Plan Inc?

Sup Welfare Plan Inc's mission is centered around offering health and welfare benefits to eligible participants. This mission is carried out under the collective bargaining agreements, with the primary goal of providing these essential benefits to the covered individuals. The organization is committed to upholding its mission and ensuring the well-being of the participants it serves.

What is the revenue of Sup Welfare Plan Inc?

Sup Welfare Plan Inc's revenue in 2023 was $10,081,595.

Who are the executives of Sup Welfare Plan Inc and what are their salaries?

The average compensation at Sup Welfare Plan Inc during 2023 was $78,181. There are 5 employees at Sup Welfare Plan Inc.

Here are 6 key members and their salaries:


Dave Connolly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Percival (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Henning (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Labonte (Trustee - (Through 03/15/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Defanti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
See Schedule O For Compensation (Paid By Related Organizations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sup Welfare Plan Inc?

Sup Welfare Plan Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Sup Welfare Plan Inc

Sup Welfare Plan, a nonprofit organization, is committed to fulfilling its mission of providing health and welfare benefits to eligible participants covered under collective bargaining agreements. This mission is centered around extending essential support services to individuals who fall under these agreements, thereby enhancing their overall well-being. By offering these benefits, Sup Welfare Plan aims to contribute positively to the lives of its participants, ensuring they have access to necessary resources for their health and welfare.

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Impact




October, 2024

Sup Welfare Plan Inc significantly impacts the San Francisco community by providing essential health and welfare benefits to eligible participants under collective bargaining agreements. By ensuring that these individuals have access to necessary health resources, the organization enhances their overall well-being and supports financial stability. This provision of benefits plays a crucial role in improving quality of life for participants, fostering a healthier workforce, and contributing to the local economy. Through its mission, Sup Welfare Plan Inc reinforces the importance of mutual benefit and collaboration within the community, highlighting the value of supporting individuals in need.




This information is meant to be a general summary of Sup Welfare Plan Inc. 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
$10,081,595 (2023)
Expenses
$7,683,462 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $683,861
  • Program Service Revenue: $9,433,060
  • Gross Receipts: $39,822,933

Assets and Liabilities:

  • Total Assets: $27,621,810
  • Total Liabilities: $4,494,073
  • Net Assets: $23,127,737

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$9,428,450

PARTICIPANT CONTRIBUTIONS

Revenue

$4,610

Organization Details

Founding Year

1966

Principal Officer

Dave Connolly

NTEE Category

Code: Y40 - Mutual benefit

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