Local 191 Health Service And Insurance Plan

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

EIN: 060689974 ✦ Bridgeport, CT ✦ Designated as a 501(c)(9)

Overview

What is Local 191 Health Service And Insurance Plan?

Local 191 Health Service and Insurance Plan is a nonprofit organization based in Bridgeport, Connecticut, with a US address at 1139 Fairfield Avenue, 06605. The organization provides medical and life insurance benefits to approximately 2,330 members and their dependents. Their mission is to offer self-insured health benefits to members covered under a collective bargaining agreement negotiated by Teamsters Local 191 Union. With a small team of three employees, the plan aims to secure the health and wellbeing of its members by administering various insurance benefits.


Is Local 191 Health Service And Insurance Plan legitimate?

Local 191 Health Service And Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 191 Health Service And Insurance 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $10,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,373

For more financial information, click here


What is the mission statement of Local 191 Health Service And Insurance Plan?
Who is the CEO of Local 191 Health Service And Insurance Plan?
What is the revenue of Local 191 Health Service And Insurance Plan?
Who are the executives of Local 191 Health Service And Insurance Plan and what are their salaries?
Where can I find the form 990 for Local 191 Health Service And Insurance Plan?

Mission Statement of Local 191 Health Service And Insurance Plan

Local 191 Health Service and Insurance Plan is a self-insured health benefit plan that provides comprehensive coverage to its 2,330 members and their dependents. Established under a collective bargaining agreement negotiated by the Teamsters Local 191 Union, this organization is dedicated to ensuring the health and well-being of its members. In simple terms, Local 191 Health Service and Insurance Plan offers insured and self-insured medical and insurance benefits to its union members.

The mission of Local 191 Health Service and Insurance Plan is to deliver quality health benefits to its members. By pooling resources and risks, this organization is able to offer its members a wide range of medical and insurance benefits that they might not be able to access otherwise. These benefits include medical coverage for various health conditions, as well as death and life insurance for added peace of mind. The organization's commitment to its members is evident in its provision of essential health services, allowing them to focus on their well-being and personal growth.

Local 191 Health Service and Insurance Plan takes pride in its role as a trusted partner to its members. By offering self-insured benefits, the organization is able to maintain greater control over the design and delivery of its health plans, ensuring that they meet the unique needs of its members. With a focus on providing accessible and affordable healthcare, Local 191 Health Service and Insurance Plan continues to make a positive impact on the lives of its members and their families.

Impact

This information is meant to be a general summary of Local 191 Health Service And Insurance Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Local 191 Health Service And Insurance Plan's impact can be seen in the provision of insured and self-insured medical, death, and life insurance benefits to 2,330 members and their dependents in Bridgeport, CT. Through a collective bargaining agreement negotiated by the Teamsters Local 191 union, this plan plays a crucial role in providing self-insured health benefits to its members. The plan's impact extends to ensuring the health and well-being of its members and their families, offering a sense of security and support in times of medical need.





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: $5,864,717
  • Program Service Revenue: $27,131,848
  • Gross Receipts: $39,770,801

    • Assets and Liabilities:
  • Total Assets: $103,408,150
  • Total Liabilities: $3,416,379
  • Net Assets: $99,991,771
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $26,715,702

    SPECIAL RETIREE CONTRIBUTION

    Revenue

    $273,645

    COBRA CONTRIBUTIONS

    Revenue

    $70,593

    AFFILIATED RENTAL INCOME

    Revenue

    $53,483

    PAYROLL AUDIT CONTRIBUTIONS

    Revenue

    $18,425

    Organization Details

    Founding Year

    1954

    Principal Officer

    Robert Digirolamo

    Main Address

    1139 FAIRFIELD AVENUE, BRIDGEPORT, CT, 06605

    NTEE Category

    Code: Y40 - Mutual benefit

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