Local 443 Health Svce & Ins Plan

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

EIN: 060690083 ✦ New haven, CT ✦ Designated as a 501(c)(9)

Overview

What is Local 443 Health Svce & Ins Plan?

Local 443 Health Svce & Ins Plan is a nonprofit organization based in New Haven, Connecticut. With a small team of five employees, they provide self-insured health benefits to approximately 2,067 members and their dependents. The organization's primary mission is to administer medical and death & life insurance benefits for individuals covered under a collective bargaining agreement negotiated by the Teamster Local 443 Union.


Is Local 443 Health Svce & Ins Plan legitimate?

Local 443 Health Svce & Ins Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 443 Health Svce & Ins 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: $16,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $268,960

For more financial information, click here


What is the mission statement of Local 443 Health Svce & Ins Plan?
Who is the CEO of Local 443 Health Svce & Ins Plan?
What is the revenue of Local 443 Health Svce & Ins Plan?
Who are the executives of Local 443 Health Svce & Ins Plan and what are their salaries?
Where can I find the form 990 for Local 443 Health Svce & Ins Plan?

Mission Statement of Local 443 Health Svce & Ins Plan

Local 443 Health Svce & Ins Plan, a self-insured health benefit plan, is dedicated to providing comprehensive medical and insurance benefits to its 2,067 members and their dependents, all of whom are covered under a collective bargaining agreement negotiated by Teamster Local 443 Union. This nonprofit organization takes pride in securing the health and wellbeing of its members by offering a range of insurance services tailored to their needs.

In simple terms, Local 443 Health Svce & Ins Plan serves as a safety net for its members, ensuring they have access to essential medical and insurance benefits. Through its self-insured model, the organization is able to offer personalized and cost-effective solutions, providing peace of mind to those it serves. The benefits package includes both insured and self-insured medical coverage, as well as death and life insurance, enabling members to manage their health and financial security with confidence.

Impact

This information is meant to be a general summary of Local 443 Health Svce & Ins Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Local 443 Health Service & Insurance Plan, as a self-insured health benefit plan, has a significant impact on the well-being and financial security of its 2,067 members and their dependents. By providing insured and self-insured medical, death, and life insurance benefits, this organization plays a crucial role in ensuring access to healthcare services for its members in New Haven, CT. Through its mission to provide self-insured health benefits to members covered under a collective bargaining agreement negotiated by the Teamster Local 443 union, the Local 443 Health Service & Insurance Plan directly contributes to the health and welfare of its beneficiaries.





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: $6,258,794
  • Program Service Revenue: $19,764,697
  • Gross Receipts: $38,486,468

    • Assets and Liabilities:
  • Total Assets: $68,065,861
  • Total Liabilities: $3,430,410
  • Net Assets: $64,635,451
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $19,419,707

    SPECIAL RETIREE CONTRIBUTIONS

    Revenue

    $260,294

    COBRA CONTRIBUTIONS

    Revenue

    $69,167

    PAYROLL AUDIT CONTRIUBTION

    Revenue

    $15,529

    Organization Details

    Founding Year

    1954

    Principal Officer

    Salvatore J Abate

    Main Address

    P O BOX 1710, NEW HAVEN, CT, 06507

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Local 443 Health Svce & Ins Plan and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.