United Teamster Fund

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

EIN: 135549593 ✦ Brooklyn, NY ✦ Designated as a 501(c)(9)

Overview

What is United Teamster Fund?

The United Teamster Fund is a nonprofit organization, located at 2137 Utica Avenue in Brooklyn, New York (NY) 11234. With a team of 18 dedicated individuals, its primary mission is to extend health and welfare benefits to eligible union members and their dependents. The fundamental purpose of this organization is to ensure the well-being of its members, providing them with crucial support.


Is United Teamster Fund legitimate?

United Teamster Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. United Teamster 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: $198,507
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,407,711

For more financial information, click here


What is the mission statement of United Teamster Fund?
Who is the CEO of United Teamster Fund?
What is the revenue of United Teamster Fund?
Who are the executives of United Teamster Fund and what are their salaries?
Where can I find the form 990 for United Teamster Fund?

Mission Statement of United Teamster Fund

The United Teamster Fund is a nonprofit organization dedicated to extending health and welfare benefits to eligible union members and their dependents. Established with a clear-cut mission, this entity prides itself on providing essential services that cater to the well-being of union members and their families.

In simple terms, the United Teamster Fund serves as a safety net for union members, ensuring they have access to a range of benefits designed to support their overall health and well-being. This includes, but is not limited to, health, dental, and prescription drug coverage, disability insurance, and other essential services. In doing so, the organization plays a pivotal role in fostering peace of mind and promoting stability for those it serves.

By offering these comprehensive benefits, the United Teamster Fund enables union members to focus on their professional growth and personal lives, rather than being preoccupied with concerns related to their health or that of their loved ones. This, in turn, contributes to a stronger and more productive workforce, ultimately benefiting the unions and the industries they represent. With the well-being of union members at the forefront, the United Teamster Fund stands as a vital partner in fostering success, both for individuals and the organizations they are part of.

Impact

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




Thursday, August 15, 2024

United Teamster Fund's impact is significant in providing health and welfare benefits to eligible union members and their dependents in Brooklyn, NY. Through its mission of offering these essential benefits, the fund contributes to the well-being and financial security of union members and their families. This support ensures access to vital healthcare services and resources, ultimately improving the overall quality of life for those it serves. The fund's dedication to providing mutual benefits underscores its commitment to enhancing the lives of union members and their loved ones in a tangible and valuable way.





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 2023.

  • Investment Income: $150,510
  • Program Service Revenue: $42,442,730
  • Gross Receipts: $44,133,995

    • Assets and Liabilities:
  • Total Assets: $16,396,196
  • Total Liabilities: $7,472,357
  • Net Assets: $8,923,839
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $42,312,639

    COBRA CONTRIBUTIONS

    Revenue

    $130,091

    Organization Details

    Founding Year

    1949

    Principal Officer

    Daniel Kane Jr

    Main Address

    2137 UTICA AVENUE, BROOKLYN, NY, 11234

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of United Teamster 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.