Tri-State Joint Fund

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

EIN: 060850110 ✦ Cheshire, CT ✦ Designated as a 501(c)(9)

Overview

What is Tri-State Joint Fund?

The Tri-State Joint Fund is a self-insured health and welfare benefits provider, headquartered at 609 WEST JOHNSON AVENUE 2nd FL, Cheshire, CT, 06410. With a small team of 11 employees, this nonprofit organization operates under a trust agreement to dispense health benefits to the Tri-State Teamsters Health Services & Insurance Plan members, including coverage for hospital stays, surgeries, prescription medications, home healthcare, and death benefits. In total, over 11,500 members and their dependents receive these benefits.


Is Tri-State Joint Fund legitimate?

Tri-State Joint Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Tri-State Joint Fund 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: $167,855
Professional Fundraising Fees: $0
Other Salaries and Wages: $670,209

For more financial information, click here


What is the mission statement of Tri-State Joint Fund?
Who is the CEO of Tri-State Joint Fund?
What is the revenue of Tri-State Joint Fund?
Who are the executives of Tri-State Joint Fund and what are their salaries?

The average compensation at Tri-State Joint Fund during 2022 was $76,188. There are 11 employees at Tri-State Joint Fund.

Here are 31 key members and their salaries:


Where can I find the form 990 for Tri-State Joint Fund?

Mission Statement of Tri-State Joint Fund

The Tri-State Joint Fund, a self-insured health and welfare benefits provider, is dedicated to serving the health needs of over 11,500 members and their dependents. Covered under collective bargaining agreements negotiated by Teamster locals, these members receive comprehensive benefits that include hospital, surgical, prescription drug, home health care, and death benefits. The organization's primary mission is to make benefit payments to these members under the Tri-State Teamsters Health Services & Insurance Plan. Operating under a trust agreement, the Tri-State Joint Fund plays a crucial role in ensuring the financial security and well-being of its members, providing them with essential health coverage that supports their overall health and quality of life.

Impact

This information is meant to be a general summary of Tri-State Joint Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Tri-State Joint Fund's impact is focused on providing self-insured health and welfare benefits to its members covered under collective bargaining agreements negotiated by Teamster locals. The fund operates under a trust agreement with a mission to make benefit payments to members of the Tri-State Teamsters Health Services & Insurance Plan, covering hospital, surgical, prescription drug, home health care, and death benefits for 11,546 members and their dependents. Through its activities, the Tri-State Joint Fund plays a crucial role in ensuring access to essential healthcare services and financial support for its members and their families.





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: $427,479
  • Program Service Revenue: $121,373,559
  • Gross Receipts: $132,850,875

    • Assets and Liabilities:
  • Total Assets: $32,402,096
  • Total Liabilities: $12,283,855
  • Net Assets: $20,118,241
  • Programs

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

    CONTRIBUTIONS - HEALTH FUNDS

    Revenue

    $121,372,489

    RENTAL INCOME - AFFILIATE

    Revenue

    $1,070

    Organization Details

    Founding Year

    1968

    Principal Officer

    Dennis Mcguire

    Main Address

    609 WEST JOHNSON AVENUE 2ND FL, CHESHIRE, CT, 06410

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Tri-State Joint Fund 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.