Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits

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

EIN: 016196051 ✦ Washington, DC ✦ Designated as a 501(c)(9)

Overview

What is Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits?

Trustees of International Brotherhood Teamsters Voluntary Employee Benefits is a nonprofit organization based in Washington, D.C., with the address 25 Louisiana Avenue NW, serving as a platform for organizing and funding various health insurance, welfare, and educational programs. These programs are specifically designed for the benefit of members of the International Brotherhood of Teamsters and their families. The organization's mission is to coordinate and finance numerous initiatives dedicated to improving the well-being and education of Teamsters and their loved ones.


Official website here: www.teamster.org

Is Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits legitimate?

Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.teamster.org

What is the mission statement of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits?

The Trustees of International Brotherhood Teamsters Voluntary Employee Benefits serves as a facilitator for the organization and financing of various health insurance, welfare, and educational programs. Its primary mission is to support the International Brotherhood of Teamsters members and their families by coordinating and funding these essential programs. The benefits provided include health insurance, welfare services, and educational opportunities, contributing significantly to the wellbeing and development of the members and their families.


Official website here: www.teamster.org

Who is the CEO of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits?

Fred Zuckerman is the Principal Officer of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits.


Official website here: www.teamster.org

What is the revenue of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits?

Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits's revenue in 2022 was $53,151,680.


Official website here: www.teamster.org

Who are the executives of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits and what are their salaries?

Here are 9 key members and their salaries:

    Sean O'Brien (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $314,998
  • Other: $79,318

    • Fred E Zuckerman (Trustee)
  • Compensation: $0
  • Related: $260,088
  • Other: $59,773

    • William Hamilton (Trustee)
  • Compensation: $0
  • Related: $162,977
  • Other: $49,591

    • Charles A Jones (Trustee)
  • Compensation: $0
  • Related: $129,088
  • Other: $43,414

    • Thomas Conelias P (Trustee)
  • Compensation: $0
  • Related: $82,096
  • Other: $12,232

    • Ken Hall P (Trustee)
  • Compensation: $0
  • Related: $57,855
  • Other: $15,735

    • John F Murphy P (Chairman)
  • Compensation: $0
  • Related: $50,083
  • Other: $13,634

    • Lindsay Dougherty (Trustee)
  • Compensation: $0
  • Related: $31,008
  • Other: $22,900

    • Denis Taylor P (Trustee)
  • Compensation: $0
  • Related: $38,990
  • Other: $12,064


  • Official website here: www.teamster.org

    Where can I find the form 990 for Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits?

    The Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.teamster.org

    Learn more at the official website: www.teamster.org

    Mission Statement of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits

    Trustees of International Brotherhood Teamsters Voluntary Employee Benefits, a nonprofit organization, serves as a vital hub for coordinating and financing various health insurance, welfare, and educational programs for the members of the International Brotherhood of Teamsters and their families. The mission of this organization is multifaceted, aimed at improving the wellbeing and quality of life for those affiliated with the International Brotherhood of Teamsters.

    By acting as a centralized entity, Trustees of International Brotherhood Teamsters Voluntary Employee Benefits pools resources to create and sustain numerous programs that cater to the diverse needs of its beneficiaries. These initiatives span the realm of health insurance and welfare, ensuring that members and their families have access to essential services and support. The organization's commitment to education further underscores its mission to enhance the lives of its beneficiaries, providing opportunities for personal and professional growth.

    Through the collective efforts of the Trustees, International Brotherhood of Teamsters members and their families can access a wide range of benefits tailored to their unique circumstances. These programs not only address immediate needs, such as healthcare coverage, but also focus on long-term wellbeing, including educational opportunities that empower individuals to build a stronger future. In essence, Trustees of International Brotherhood Teamsters Voluntary Employee Benefits functions as a crucial lifeline, strengthening the fabric of the International Brotherhood of Teamsters community by prioritizing the health, welfare, and educational pursuits of its members.

    Impact

    This information is meant to be a general summary of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits is significant as it serves as a vehicle for the coordination and funding of numerous health insurance, welfare, and educational programs for the benefit of members of the International Brotherhood of Teamsters and their families. Through its activities, it plays a crucial role in providing support and resources to enhance the well-being and quality of life for its members, contributing to their overall health and welfare. This organization's efforts ultimately help to strengthen the mutual benefit and support network within the International Brotherhood of Teamsters community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,074
  • Program Service Revenue: $53,117,273
  • Gross Receipts: $53,154,381

    • Assets and Liabilities:
  • Total Assets: $25,472,315
  • Total Liabilities: $1,432,716
  • Net Assets: $24,039,599
  • Programs

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

    PARTICIPANT CONTRIBUTION

    Revenue

    $22,985,357

    PRESCRIPTION DRUG REBATES

    Revenue

    $10,620,970

    MEDICARE REINSURANCE REVENUE

    Revenue

    $10,140,091

    COVERAGE GAP DISCOUNT PROGRAM

    Revenue

    $7,406,772

    FEES FOR SUPPORT SERVICES

    Revenue

    $1,964,083

    Organization Details

    Founding Year

    2002

    Principal Officer

    Fred Zuckerman

    Main Address

    25 LOUISIANA AVENUE NW, WASHINGTON, DC, 20001

    NTEE Category

    Code: Y40 - Mutual benefit

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