International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund

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

EIN: 136701607 ✦ New york, NY ✦ Designated as a 501(c)(9)

Overview

What is International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund?

The International Brotherhood of Teamsters Local 237 Retirees Benefit Fund is a nonprofit organization based in New York City, specifically located at 216 WEST 14th ST, NY 10011. This organization provides a range of welfare benefits to eligible members and their dependents, covered under collectively bargained labor contracts negotiated by City Employees Local Union 237 I.B.T. The benefits include prescription drug coverage, dental, optical, hearing aid, death, legal services, supplemental medical, retirement planning, pension counseling, and education. In essence, the Fund aims to enhance the well-being of its members by offering various essential services and resources.


Official website here: www.local237.org

Is International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund legitimate?

International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Brotherhood Of Teamsters Local 237 Retirees Benefit 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,098,733

For more financial information, click here


Official website here: www.local237.org

What is the mission statement of International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund?

The International Brotherhood of Teamsters Local 237 Retirees Benefit Fund is dedicated to extending various welfare benefits to eligible members and their dependents. These benefits, collectively bargained through labor contracts negotiated by City Employees Local Union 237 I.B.T., encompass prescription drug coverage, dental care, optical services, hearing aid assistance, death benefits, legal services, supplemental medical plans, retirement planning, pension counseling, and education. By offering this comprehensive range of benefits, the Fund aims to support the wellbeing and financial security of its members and their families.


Official website here: www.local237.org

Who is the CEO of International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund?

Gregory Floyd is the Trustee of International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund.


Official website here: www.local237.org

What is the revenue of International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund?

International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund's revenue in 2022 was $29,819,103.


Official website here: www.local237.org

Who are the executives of International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund and what are their salaries?

Here are 7 key members and their salaries:

    Gregory Floyd (Trustee)
  • Compensation: $0
  • Related: $250,694
  • Other: $18,153

    • Donald Arnold (Trustee)
  • Compensation: $0
  • Related: $243,190
  • Other: $17,560

    • Jeanette Tavares (Trustee)
  • Compensation: $0
  • Related: $184,366
  • Other: $36,271

    • Derek Jackson (Trustee)
  • Compensation: $0
  • Related: $190,378
  • Other: $20,821

    • Dwayne Montgomery (Trustee)
  • Compensation: $0
  • Related: $185,746
  • Other: $21,914

    • Julie Kobi (Co-Director)
  • Compensation: $158,400
  • Related: $0
  • Other: $40,348

    • Ruben Torres (Trustee)
  • Compensation: $0
  • Related: $178,805
  • Other: $12,335


  • Official website here: www.local237.org

    Where can I find the form 990 for International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund?

    The International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.local237.org

    Learn more at the official website: www.local237.org

    Mission Statement of International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund

    The International Brotherhood of Teamsters Local 237 Retirees Benefit Fund is a charitable organization dedicated to providing welfare benefits to eligible members and their dependents. This mission stems from the labor contracts collectively bargained by City Employees Local Union 237 I.B.T.

    The Fund offers a multitude of benefits designed to ensure the wellbeing of its members and their families. These benefits include prescription drug coverage, dental and optical care, hearing aid assistance, death benefits, legal services, supplementary medical plans, retirement planning resources, and pension counseling and education. By providing these essential services, the International Brotherhood of Teamsters Local 237 Retirees Benefit Fund aims to enhance the lives of eligible members and their dependents.

    The Fund's commitment to its members extends beyond basic healthcare and financial planning. It also offers a retirement planning program, equipping members with the knowledge and tools they need to prepare for their golden years with confidence. Additionally, the Fund provides pension counseling and education, empowering members to make informed decisions about their retirement benefits.

    In summary, the International Brotherhood of Teamsters Local 237 Retirees Benefit Fund is a compassionate organization that provides various welfare benefits to eligible members and their dependents covered under collectively bargained labor contracts. Through its extensive range of services, the Fund is dedicated to improving the lives of its members and ensuring their financial and emotional wellbeing.

    Impact

    This information is meant to be a general summary of International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The International Brotherhood Of Teamsters Local 237 Retirees Benefit Fund has a significant impact on the lives of eligible members and their dependents by providing various welfare benefits, such as prescription drug coverage, dental care, optical services, hearing aids, legal assistance, supplemental medical benefits, retirement planning, pension counseling, and education benefits. These services help improve the overall well-being and quality of life for retirees and their families who are covered under collectively bargained labor contracts negotiated by City Employees Local Union 237 I.B.T. in New York. The fund plays a vital role in supporting these individuals during their retirement years, ensuring they have access to essential services and support.





    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: $4,367,300
  • Program Service Revenue: $25,364,395
  • Gross Receipts: $91,171,366

    • Assets and Liabilities:
  • Total Assets: $68,304,779
  • Total Liabilities: $3,367,764
  • Net Assets: $64,937,015
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $21,246,826

    MEDICARE REFUNDS

    Revenue

    $4,068,593

    COBRA CONTRIBUTIONS

    Revenue

    $48,976

    Organization Details

    Founding Year

    1975

    Principal Officer

    Gregory Floyd

    Main Address

    216 WEST 14TH ST, NEW YORK, NY, 10011

    NTEE Category

    Code: J40 - Employment

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