Teamsters Industrial Employees Welfare Fund

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

EIN: 226058341 ✦ Union city, NJ ✦ Designated as a 501(c)(9)

Overview

What is Teamsters Industrial Employees Welfare Fund?

The Teamsters Industrial Employees Welfare Fund is a nonprofit organization headquartered at 707 Summit Avenue, Union City, New Jersey, 07087. Their primary mission is to extend health benefits to eligible participants. By providing these essential services, they aim to improve and maintain the wellbeing of the individuals they serve.


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Is Teamsters Industrial Employees Welfare Fund legitimate?

Teamsters Industrial Employees Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Industrial Employees Welfare 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: $0

For more financial information, click here


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What is the mission statement of Teamsters Industrial Employees Welfare Fund?

The Teamsters Industrial Employees Welfare Fund is dedicated to delivering health benefits to eligible participants. By focusing on health care, this organization aims to enhance the wellbeing of those it serves. Through its mission, the fund prioritizes providing essential health services to its members. It strives to ensure that participants have access to comprehensive health care benefits that cater to their needs. Additionally, the organization may offer preventative programs and resources to promote the overall health and well-being of its members. By providing health benefits, the Teamsters Industrial Employees Welfare Fund plays a crucial role in safeguarding the health and financial security of those it serves.


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Who is the CEO of Teamsters Industrial Employees Welfare Fund?

Robert Blumenfeld is the Union Trustee of Teamsters Industrial Employees Welfare Fund.


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What is the revenue of Teamsters Industrial Employees Welfare Fund?

Teamsters Industrial Employees Welfare Fund's revenue in 2022 was $20,075,645.


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Who are the executives of Teamsters Industrial Employees Welfare Fund and what are their salaries?

Here are 8 key members and their salaries:

    Edwin H Stier (Union Trustee)
  • Compensation: $2,075
  • Related: $0
  • Other: $0

    • Joseph Dipalma (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles T Connors (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harold Welsh (Union Trustee Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Rodriguez (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Goldberg (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Campbell (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Blumenfeld (Fund Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.560benefitfunds.com

    Where can I find the form 990 for Teamsters Industrial Employees Welfare Fund?

    The Teamsters Industrial Employees Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here


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    Learn more at the official website: www.560benefitfunds.com

    Mission Statement of Teamsters Industrial Employees Welfare Fund

    Teamsters Industrial Employees Welfare Fund, also known as TI EWF, is a mission-driven organization dedicated to extending health benefits to eligible participants. Established with a clear purpose, the Fund focuses on improving the wellbeing of those it serves. By providing essential health benefits, TI EWF aims to ensure that participants can lead healthier and more productive lives.

    The organization's core mission is centered around extending a helping hand to those in need. Through its comprehensive offerings, TI EWF offers a safety net to eligible individuals, providing them with access to vital health resources. By offering health benefits, the Fund not only addresses immediate health concerns but also works towards preventing potential health issues. In essence, Teamsters Industrial Employees Welfare Fund functions as a vital partner in the pursuit of better health and overall wellbeing for its participants.

    Impact

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




    Thursday, August 15, 2024

    The impact of Teamsters Industrial Employees Welfare Fund is evident in its provision of health benefits to eligible participants. Through its operations, the fund contributes to the well-being and quality of life of individuals by ensuring access to essential healthcare services. The fund's mission to provide health benefits underscores its commitment to supporting the health and welfare of its members, thereby making a positive impact on their lives.





    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: $249,515
  • Program Service Revenue: $19,047,739
  • Gross Receipts: $52,423,912

    • Assets and Liabilities:
  • Total Assets: $44,542,546
  • Total Liabilities: $3,219,308
  • Net Assets: $41,323,238
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $18,939,972

    COBRA

    Revenue

    $107,767

    Organization Details

    Founding Year

    1948

    Principal Officer

    Robert Blumenfeld

    Main Address

    707 SUMMIT AVENUE, UNION CITY, NJ, 07087

    NTEE Category

    Code: Y40 - Mutual benefit

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