Overview
What is Local 808 Ibt Health & Welfare Fund?
The Local 808 Ibt Health & Welfare Fund is a charitable organization based in Long Island City, NY. It manages the assets of a multiemployer welfare benefit plan, receiving contributions from a collective bargaining agreement. This fund caters to the health and welfare needs of members from the Building Maintenance, Service, and Railroad Workers Local Union 808 I.b. Of T., as well as their dependents and beneficiaries. The fund offers various benefits such as medical, dental, optical, and other essential services to its participants.
Official website here: www.teamsterslocal808.org/welfare.htm
Is Local 808 Ibt Health & Welfare Fund legitimate?
Local 808 Ibt Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 808 Ibt Health & 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: $5,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,421
For more financial information, click here
Official website here: www.teamsterslocal808.org/welfare.htm
What is the mission statement of Local 808 Ibt Health & Welfare Fund?
The Local 808 Ibt Health & Welfare Fund functions as a custodian of assets for a multiemployer welfare benefit plan. This plan, established through a collective bargaining agreement, caters to members of the Building Maintenance, Service, and Railroad Workers Local Union 808 I.b. and their eligible dependents and beneficiaries. The fund is dedicated to offering medical, dental, optical, and other essential welfare benefits to its participants. The primary objective is to ensure the wellbeing of the union members and their families by managing the collected contributions effectively and providing them with essential healthcare benefits.
Official website here: www.teamsterslocal808.org/welfare.htm
Who is the CEO of Local 808 Ibt Health & Welfare Fund?
Fitz-Verity C Silvera is the Union Trustee of Local 808 Ibt Health & Welfare Fund.
Official website here: www.teamsterslocal808.org/welfare.htm
What is the revenue of Local 808 Ibt Health & Welfare Fund?
Local 808 Ibt Health & Welfare Fund's revenue in 2022 was $11,894,957.
Official website here: www.teamsterslocal808.org/welfare.htm
Who are the executives of Local 808 Ibt Health & Welfare Fund and what are their salaries?
The average compensation at Local 808 Ibt Health & Welfare Fund during 2022 was $33,480. There are 4 employees at Local 808 Ibt Health & Welfare Fund.
Here are 2 key members and their salaries:
- Fitz-Verity C Silvera (Union Trustee)
- Paul Demasi (Employer Trustee)
Official website here: www.teamsterslocal808.org/welfare.htm
Where can I find the form 990 for Local 808 Ibt Health & Welfare Fund?
The Local 808 Ibt Health & Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.teamsterslocal808.org/welfare.htm
Learn more at the official website: www.teamsterslocal808.org/welfare.htm
Mission Statement of Local 808 Ibt Health & Welfare Fund
The Local 808 Ibt Health & Welfare Fund is a multiemployer welfare benefit plan that receives contributions in accordance with a collective bargaining agreement. The organization holds and manages the assets of this plan, aimed at providing essential benefits to members of Building Maintenance, Service, and Railroad Workers Local Union 808 I.b. and their eligible dependents and beneficiaries.
This nonprofit entity is dedicated to enhancing the wellbeing of its members through various welfare benefits. The benefits encompass medical, dental, and optical coverage, which are crucial components of maintaining good health and overall well-being. In doing so, the Local 808 Ibt Health & Welfare Fund strives to ensure its members have access to essential healthcare services, promoting a healthier and more productive workforce.
Additionally, the fund plays a vital role in providing essential welfare benefits to the members of Local 808 I.b. union. By managing the assets of this multiemployer welfare benefit plan, it ensures that these benefits are available and accessible to a diverse group of individuals. The organization's mission is to protect and improve the health and wellbeing of its members, ultimately contributing to their overall quality of life and economic stability.
Impact
This information is meant to be a general summary of Local 808 Ibt Health & Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Local 808 Ibt Health & Welfare Fund provides crucial medical, dental, optical, and other welfare benefits to members of the Building Maintenance, Service, and Railroad Workers Local Union 808 I.b. Of T. in Long Island City, NY. By receiving contributions through a collective bargaining agreement and managing the assets of a multiemployer welfare benefit plan, the fund plays a significant role in supporting the health and well-being of its plan participants and their eligible dependents. This impact is evident in the tangible assistance and essential services that the fund provides, directly contributing to the overall welfare of its members.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$11,723,272
RETIREE CONTRIBUTIONS
Revenue
$14,443
Organization Details
Founding Year
1968
Phone
(718) 389-1900
Principal Officer
Fitz-Verity C Silvera
Main Address
5-28 51ST AVENUE, LONG ISLAND CITY, NY, 11101
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Local 808 Ibt Health & Welfare 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.