Overview
What is Hawaii Insulators Health And Welfare Plan?
The Hawaii Insulators Health and Welfare Plan is a nonprofit organization, headquartered in Honolulu, Hawaii. Its primary mission is to offer health and welfare benefits to eligible participants and their dependents. This is achieved by covering insurance premiums and processing self-insured claims, with an allocated budget of $1,344,194 for medical benefits and vision claims. The plan serves as a multi-employer initiative, catering to participants from various employers who have signed collective bargaining agreements.
Is Hawaii Insulators Health And Welfare Plan legitimate?
Hawaii Insulators Health And Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hawaii Insulators Health And Welfare Plan 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.
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What is the mission statement of Hawaii Insulators Health And Welfare Plan?
The Hawaii Insulators Health and Welfare Plan's mission is centered around providing health and welfare benefits to eligible participants who are employed by companies that have signed collective bargaining agreements. This organization operates as a multi-employer plan, aiming to offer medical benefits to eligible participants and their dependents. This is accomplished by covering the insurance premiums and processing self-insured claims. The medical benefits account for approximately $1,299,583, while self-insured vision claims amount to $4,511. In essence, the plan's primary objective is to ensure the well-being of its participants by providing them with essential healthcare benefits.
Who is the CEO of Hawaii Insulators Health And Welfare Plan?
Douglas Fulp Ronald Lab is the Labor Trustee of Hawaii Insulators Health And Welfare Plan.
What is the revenue of Hawaii Insulators Health And Welfare Plan?
Hawaii Insulators Health And Welfare Plan's revenue in 2022 was $1,312,230.
Who are the executives of Hawaii Insulators Health And Welfare Plan and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Hawaii Insulators Health And Welfare Plan?
Hawaii Insulators Health And Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hawaii Insulators Health And Welfare Plan
Hawaii Insulators Health and Welfare Plan is committed to providing health and welfare benefits to eligible participants who are employed by companies that have signed the collective bargaining agreement. Acting as a multi-employer plan, its mission is to ensure the well-being of these individuals by covering their medical expenses and handling self-insured claims. The plan invests in paying insurance premiums and managing self-insured vision claims, totaling $1,299,583 and $4,511 respectively, in order to provide comprehensive medical benefits to the participants and their dependents. In essence, Hawaii Insulators Health and Welfare Plan serves as a safety net for eligible workers, ensuring they have access to necessary healthcare services and support.
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Impact
October, 2024
The Hawaii Insulators Health And Welfare Plan significantly impacts the well-being of eligible participants by providing essential health and welfare benefits. It facilitates access to medical coverage for individuals and their dependents associated with employers who are part of the collective bargaining agreement. By paying insurance premiums and managing self-insured claims, the plan ensures that beneficiaries receive necessary medical care, with expenditures totaling $1,299,583 for medical benefits and $4,511 for self-insured vision claims. This support not only promotes health and financial security for participants but also creates a more stable workforce within the industry. Overall, the plan plays a crucial role in enhancing the quality of life for its members in Honolulu, HI, by prioritizing their health needs and providing mutual benefit through collective efforts.
This information is meant to be a general summary of Hawaii Insulators Health And Welfare Plan. 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: $147,591
- Program Service Revenue: $1,164,639
- Gross Receipts: $11,350,736
Assets and Liabilities:
- Total Assets: $5,675,672
- Total Liabilities: $906
- Net Assets: $5,674,766
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,127,718
EMPLOYEE CONTRIBUTIONS
Revenue
$36,861
LIQUIDATED DAMAGES
Revenue
$60
Organization Details
Founding Year
1968
Phone
(808) 441-8600Principal Officer
Douglas Fulp Ronald Lab
Main Address
1440 KAPIOLANI BLVD 800, HONOLULU, HI, 96814
NTEE Category
Code: Y40 - Mutual benefit
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