Madelaine-Local 1222 Welfare Fund

Organization Overview

Madelaine-Local 1222 Welfare Fund is located in Long Beach, NY. The organization was established in 1992. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 03/2022, Madelaine-Local 1222 Welfare Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madelaine-Local 1222 Welfare Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 03/2022, Madelaine-Local 1222 Welfare Fund generated $551.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $425.7k during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING MEDICAL BENEFITS TO MEMBERS AND THEIR FAMILIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

DOCTORS VISITS, DIAGNOSIS AND TESTING, HOSPITAL STAYS, SURGERY, ANESTHESIA, PRESCRIPTIONS, VISION CARE, DENTAL AND EMERGENCY ROOM CARE.


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Board, Officers & Key Employees

Name (title)Compensation
Isabel Moretti
Administrator
$51,360
James Gangale
Union Trustee
$0
Norman Gold
Employer Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$551,085
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $551,085

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