Minnesota Teamsters Construction Division Fringe Benefit Funds

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

EIN: 237115412 ✦ Mendota heights, MN ✦ Designated as a 501(c)(9)

Overview

What is Minnesota Teamsters Construction Division Fringe Benefit Funds?

Minnesota Teamsters Construction Division Fringe Benefit Funds is a nonprofit organization located at 2520 Pilot Knob Road 325, Mendota Heights, MN, 55120. The primary focus of this organization is to provide essential benefits, including health care, dental, disability, life, and accidental death and dismemberment coverage, to eligible members and their dependents, as outlined in the summary plan description. With a team of approximately twenty employees, the Minnesota Teamsters Construction Division Fringe Benefit Funds aims to uphold its mission of delivering these vital benefits to its members.


Is Minnesota Teamsters Construction Division Fringe Benefit Funds legitimate?

Minnesota Teamsters Construction Division Fringe Benefit Funds is a legitimate nonprofit organization registered as a 501(c)(9) entity. Minnesota Teamsters Construction Division Fringe Benefit Funds 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


What is the mission statement of Minnesota Teamsters Construction Division Fringe Benefit Funds?
Who is the CEO of Minnesota Teamsters Construction Division Fringe Benefit Funds?
What is the revenue of Minnesota Teamsters Construction Division Fringe Benefit Funds?
Who are the executives of Minnesota Teamsters Construction Division Fringe Benefit Funds and what are their salaries?
Where can I find the form 990 for Minnesota Teamsters Construction Division Fringe Benefit Funds?

Mission Statement of Minnesota Teamsters Construction Division Fringe Benefit Funds

Minnesota Teamsters Construction Division Fringe Benefit Funds is a nonprofit organization dedicated to extending essential benefits to its eligible members. With a focus on health care, dental, disability, life, and accidental death and dismemberment coverage, this fund aims to ensure the well-being of its members and their dependents.

By providing these vital benefits, Minnesota Teamsters Construction Division Fringe Benefit Funds seeks to deliver peace of mind and security to those it serves. The organization's unwavering commitment to its mission is reflected in its detailed summary plan description, which outlines the specific blessings bestowed upon its participants.

The fund prides itself on the payment of health care, dental, disability, life, and accidental death and dismemberment benefits to the qualified individuals. This comprehensive coverage speaks to the organization's dedication to fostering the overall health and well-being of its members, providing them with the necessary resources to face life's challenges. Through its tireless efforts, Minnesota Teamsters Construction Division Fringe Benefit Funds has carved out a vital role in the lives of those it serves, offering invaluable protection and assistance when it matters most.

Impact

This information is meant to be a general summary of Minnesota Teamsters Construction Division Fringe Benefit Funds. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Minnesota Teamsters Construction Division Fringe Benefit Funds make a direct impact by providing essential health benefits such as healthcare, dental, disability, life, and accidental death and dismemberment benefits to eligible participants and their dependents. This support helps ensure that members have access to necessary healthcare services and financial protection in case of unforeseen circumstances. Their mission is to prioritize the well-being and security of their members through these vital benefits, demonstrating a commitment to mutual benefit and support within the construction industry.





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: $-178,739
  • Program Service Revenue: $18,748,908
  • Gross Receipts: $29,277,952

    • Assets and Liabilities:
  • Total Assets: $24,844,524
  • Total Liabilities: $18,334
  • Net Assets: $24,826,190
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $16,132,604

    STOP-LOSS CONTRIBUTIONS

    Revenue

    $1,847,827

    PRESCRIPTION DRUG REBATES

    Revenue

    $329,088

    SELF-PAY - EMPLOYEES

    Revenue

    $303,309

    SUBROGATION RECEIPTS

    Revenue

    $136,080

    Organization Details

    Founding Year

    1970

    Principal Officer

    Zachary Radzak

    Main Address

    2520 PILOT KNOB ROAD 325, MENDOTA HEIGHTS, MN, 55120

    NTEE Category

    Code: Y40 - Mutual benefit

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