Local 282 Welfare Trust Fund

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

EIN: 116244552 ✦ Lake success, NY ✦ Designated as a 501(c)(9)

Overview

What is Local 282 Welfare Trust Fund?

The Local 282 Welfare Trust Fund is a nonprofit organization based in Lake Success, New York, with a workforce of 43 employees. Their primary mission is to extend health, welfare, and various other benefits to their plan participants. By providing these essential services, the Trust Fund aims to support and enhance the well-being of those connected to the organization.


Official website here: www.teamsterslocal282.com

Is Local 282 Welfare Trust Fund legitimate?

Local 282 Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 282 Welfare Trust 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: $331,397
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,502,195

For more financial information, click here


Official website here: www.teamsterslocal282.com

What is the mission statement of Local 282 Welfare Trust Fund?

The Local 282 Welfare Trust Fund is committed to extending health, welfare, and additional benefits to participants enrolled in its plan. Its primary objective is to enhance the wellbeing and quality of life for those it serves. By providing these benefits, the Fund aims to offer a safety net of support and assistance, ensuring a more secure future for its beneficiaries. The organization's activities are centered around improving the overall health and wellness of participants, as well as addressing their welfare needs. Through its wide range of benefits, the Local 282 Welfare Trust Fund strives to create a positive impact on the lives of those it serves.


Official website here: www.teamsterslocal282.com

Who is the CEO of Local 282 Welfare Trust Fund?

Thomas Gesualdi is the In House Counsel of Local 282 Welfare Trust Fund.


Official website here: www.teamsterslocal282.com

What is the revenue of Local 282 Welfare Trust Fund?

Local 282 Welfare Trust Fund's revenue in 2022 was $84,366,474.


Official website here: www.teamsterslocal282.com

Who are the executives of Local 282 Welfare Trust Fund and what are their salaries?

The average compensation at Local 282 Welfare Trust Fund during 2022 was $65,897. There are 43 employees at Local 282 Welfare Trust Fund.

Here are 15 key members and their salaries:

    Bruce Levine (In House Counsel)
  • Compensation: $291,544
  • Related: $0
  • Other: $85,324

    • Mario Bulding (Fund Manager)
  • Compensation: $260,773
  • Related: $0
  • Other: $103,249

    • Thomas Zultko (Instructor)
  • Compensation: $143,345
  • Related: $0
  • Other: $60,797

    • Timothy Lye (It Manager)
  • Compensation: $129,259
  • Related: $0
  • Other: $56,815

    • Frank Finkel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Ferrara (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Herbst (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Corbett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Bisignano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Gesualdi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Bourgal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael O'Toole (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darin Jeffers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert G Wessels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rocco Tomassetti Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.teamsterslocal282.com

    Where can I find the form 990 for Local 282 Welfare Trust Fund?

    The Local 282 Welfare Trust Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.teamsterslocal282.com

    Learn more at the official website: www.teamsterslocal282.com

    Mission Statement of Local 282 Welfare Trust Fund

    The Local 282 Welfare Trust Fund is a committed organization, dedicated to extending health, welfare, and additional benefits to its plan participants. In essence, it strives to ensure the wellbeing of those who are part of its program.

    By providing health, welfare, and other essential benefits, the Local 282 Welfare Trust Fund sets out to enhance the quality of life for its participants. This mission statement encapsulates the organization's primary goal, which is to support and uplift the individuals it serves.

    Operating under the umbrella of this mission, the Local 282 Welfare Trust Fund works tirelessly to deliver on its promises. Through the various benefits it offers, the organization aims to create a safety net for its participants, providing them with the resources they need to thrive.

    In summary, the Local 282 Welfare Trust Fund is a compassionate and dedicated nonprofit, focused on the wellbeing of its plan participants. By offering health, welfare, and other vital benefits, it strives to improve the lives of those it serves and strengthen the communities it reaches.

    Impact

    This information is meant to be a general summary of Local 282 Welfare Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Local 282 Welfare Trust Fund's impact is evident in its provision of health, welfare, and other benefits to plan participants. By offering these essential benefits, the organization supports the well-being and livelihoods of its members, ensuring they have access to necessary resources for their health and financial security. This impact can be measured through improved health outcomes, financial stability, and overall quality of life for the plan participants who benefit from the services and support provided by the Local 282 Welfare Trust Fund.





    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: $521,885
  • Program Service Revenue: $79,752,774
  • Gross Receipts: $176,997,908

    • Assets and Liabilities:
  • Total Assets: $170,623,482
  • Total Liabilities: $22,905,370
  • Net Assets: $147,718,112
  • Programs

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

    COBRA CONTRIBUTIONS

    Revenue

    $274,844

    Employer contributions

    Revenue

    $79,477,930

    Organization Details

    Founding Year

    1950

    Principal Officer

    Thomas Gesualdi

    Main Address

    2500 MARCUS AVENUE, LAKE SUCCESS, NY, 11042

    NTEE Category

    Code: Y40 - Mutual benefit

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