H&GL Welfare Fund

501(c)

DBA: LOCAL 172 OF NEW JERSEY WELFARE FUND

Other · NEWARK, NJ · EIN 22-1481564

Overview Money In Money Out People Connected Orgs Positions Interview Endorsements

About

The purpose of the plan is to provide health and other benefits to eligible participants and their dependents.

DBA Local 172 of New Jersey Welfare Fund

Donations are NOT tax-deductible

Financial Snapshot

FY ending 2024-03-31

Revenue

$240.9M

Expenses

$230.6M

Assets

$350.2M

Liabilities

$54.9M

Financial history

$240.9M$120.5M$0

1718192021222324

RevenueExpenses

Latest FY2024: $240.9M · Avg: $198.2M

H&GL WELFARE FUND

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Address

700 Raymond BLVD

Newark, NJ, 07105-290

Governance

Voting board members10

Independent members10

Conflict-of-interest policyYes

Whistleblower policyYes

Doc-retention policyYes

Audit committeeYes

990 reviewed by boardYes

Compensation practices

Severance paymentsNo

Equity-based compNo

Supplemental retirement planNo

Compensation committeeYes

Board approved compYes

Public records

ProPublica Nonprofit Explorer ↗

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