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UNITED PLANT & PRODUCTION WORKERS L175 WELFARE FUND
ROSLYN HEIGHTS, NY · EIN 134321969 · Form 990 · FY2024 · NTEE Y43 · Mutual & Membership Benefit · Large ($10M-$50M)
revenue
$19.4M
expenses
$12.8M
net assets
$65.9M
employees
7
program ratio
100%
mission · from form 990

MULTI -EMPLOYER WELFARE FUND CREATED TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS AND THEIR DEPENDANTS

profile · synthesized from sources

Multi-employer welfare fund established to provide health and welfare benefits to union workers and their dependents. Operates in New York and serves participants through a trust structure associated with labor union membership. The organization's primary purpose is administering benefits rather than direct service delivery or public programming.

named programs · 1 · from sources

What they call their work

Health and Welfare Benefits Program
Provides medical, dental, and wellness benefits to union workers and their dependents under a multi-employer trust structure
activities · 1 group

What they do

  • Union and Association Benefit Funds 1 activity
    • Provides health and welfare benefits to union members and dependents
      Operates as a multi-employer welfare fund providing health and welfare benefits to participants, including medical, dental, and vision coverage, as well as related services for union members and their dependents.
financials · form 990 · fy2024
revenue
Total revenue$19.42M
Contributions & grants$15.83M82%
Program service revenue$00%
Investment income$3.59M18%
Other revenue$0
expenses
Total expenses$12.79M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$485K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$66.33M
Cash$4.74M
Investments$57.59M
Liabilities$458K
Net assets$65.87M
Liquid reserves58.5 mo
6 years on record · 2019–2024 · YoY revenue +18.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
ANTHONY FRANCO FUNDS ADMIN 25 $408K
CHARLES PRIOLO TRUSTEE 0 $238K
COSTANTINO SEMINATORE TRUSTEE 0 $222K
board members · 3
  • JAMES KILKENNY — EMPLOYER TRU
  • JOSEPH MARANDO — EMPLOYER TRU
  • JOSEPH SANTO — EMPLOYER TRU
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.