New York State Teamsters Council Health & Hospital Fund

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

EIN: 150551885 ✦ Syracuse, NY ✦ Designated as a 501(c)(5)

Overview

What is New York State Teamsters Council Health & Hospital Fund?

The New York State Teamsters Council Health & Hospital Fund is a nonprofit organization based in Syracuse, New York, located at 151 Northern Concourse, ZIP code 13221. With a workforce of 42 employees, the organization offers health and welfare benefits to eligible active participants, including their spouses and dependents. The comprehensive coverage includes hospital, medical, surgical, dental, vision, legal, disability, prescription drug coverage, and death benefits for members of Teamster locals in the New York State Teamsters Council.


Official website here: www.nytfund.org

Is New York State Teamsters Council Health & Hospital Fund legitimate?

New York State Teamsters Council Health & Hospital Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. New York State Teamsters Council Health & Hospital 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: $1,227,066

For more financial information, click here


Official website here: www.nytfund.org

What is the mission statement of New York State Teamsters Council Health & Hospital Fund?

The New York State Teamsters Council Health & Hospital Fund offers health and welfare benefits to eligible active participants, extending coverage to their spouses and dependents. The plan prioritizes providing essential medical, surgical, dental, vision, legal, disability, prescription drug coverage, and death benefits to members of Teamster locals in New York State. The primary goal is to ensure these individuals have access to comprehensive healthcare services, safeguarding their wellbeing and that of their families.


Official website here: www.nytfund.org

Who is the CEO of New York State Teamsters Council Health & Hospital Fund?

Kenneth R Stilwell is the Employer Trustee Co-Chairm of New York State Teamsters Council Health & Hospital Fund.


Official website here: www.nytfund.org

What is the revenue of New York State Teamsters Council Health & Hospital Fund?

New York State Teamsters Council Health & Hospital Fund's revenue in 2022 was $247,434,949.


Official website here: www.nytfund.org

Who are the executives of New York State Teamsters Council Health & Hospital Fund and what are their salaries?

The average compensation at New York State Teamsters Council Health & Hospital Fund during 2022 was $29,216. There are 42 employees at New York State Teamsters Council Health & Hospital Fund.

Here are 9 key members and their salaries:

    Kenneth Stilwell (Executive Administrator)
  • Compensation: $108,049
  • Related: $115,563
  • Other: $61,933

    • Michael S Scalzo Sr (Employer Trustee Co-Chairm)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel W Schmidt (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian K Hammond (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John A Bulgaro (Union Trustee Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark D May (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel Pilger (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George F Harrigan (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark A Gladfelter (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nytfund.org

    Where can I find the form 990 for New York State Teamsters Council Health & Hospital Fund?

    The New York State Teamsters Council Health & Hospital Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nytfund.org

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

    Mission Statement of New York State Teamsters Council Health & Hospital Fund

    New York State Teamsters Council Health & Hospital Fund is a nonprofit organization that extends health and welfare benefits to eligible active participants and their families. The mission of this fund is geared towards ensuring the well-being of Teamster local members, providing them with extensive coverage that includes hospital, medical, surgical, dental, vision, legal, disability, prescription drug coverage, and death benefits. In simple terms, this fund serves to enhance the quality of life for Teamster locals in New York State by offering them comprehensive health and welfare services.

    The New York State Teamsters Council Health & Hospital Fund is committed to improving the overall health and well-being of its members. It achieves this objective by offering a vast range of benefits designed to cater to the diverse healthcare needs of participating members and their dependents. By doing so, the fund enables its members to access essential healthcare services, promoting better health outcomes and improved overall well-being.

    Moreover, the fund's extensive coverage extends to various aspects of health and personal needs. It provides dental and vision care, ensuring members receive optimal oral health and clear vision. Legal coverage is also included to help members navigate the complexities of the legal system, while disability coverage provides financial support during periods of incapacitation. In addition, the fund offers prescription drug coverage to ensure members have access to essential medications, and provides death benefits as an added layer of financial security for their loved ones.

    Impact

    This information is meant to be a general summary of New York State Teamsters Council Health & Hospital Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The New York State Teamsters Council Health & Hospital Fund positively impacts the lives of eligible active participants, their spouses, and dependents by providing comprehensive health and welfare benefits. These benefits include hospital, medical, surgical, dental, vision, legal, disability, prescription drug coverage, and death benefits. By offering these essential services, the organization ensures that Teamster locals of the New York State Teamsters Council have access to necessary healthcare and support services.





    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: $34,110,293
  • Program Service Revenue: $212,259,081
  • Gross Receipts: $1,117,615,664

    • Assets and Liabilities:
  • Total Assets: $744,063,100
  • Total Liabilities: $98,997,638
  • Net Assets: $645,065,462
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $211,500,981

    COBRA & RETIREE CONTRIBUTIONS

    Revenue

    $758,100

    Organization Details

    Founding Year

    1952

    Principal Officer

    Kenneth R Stilwell

    Main Address

    151 NORTHERN CONCOURSE, SYRACUSE, NY, 13221

    NTEE Category

    Code: Y40 - Mutual benefit

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