Board Of Trustees-Teamsters' Industry Welfare Fund

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

EIN: 256035969 ✦ Mcmurray, PA ✦ Designated as a 501(c)(9)

Overview

What is Board Of Trustees-Teamsters' Industry Welfare Fund?

The Board of Trustees-Teamsters' Industry Welfare Fund is a nonprofit organization based in Pennsylvania. Its primary focus is on offering health and welfare benefits to its members and their dependents. The benefits package includes medical, dental, accident, disability, prescription drug, and death coverage. The Fund contracts with an insurance provider for hospital, medical, and surgical benefits while utilizing trust assets for additional benefits like dental, vision, short-term disability, and prescription drug coverage. The Fund does not provide post-retirement benefits.


Is Board Of Trustees-Teamsters' Industry Welfare Fund legitimate?

Board Of Trustees-Teamsters' Industry Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Board Of Trustees-Teamsters' Industry 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


What is the mission statement of Board Of Trustees-Teamsters' Industry Welfare Fund?
Who is the CEO of Board Of Trustees-Teamsters' Industry Welfare Fund?
What is the revenue of Board Of Trustees-Teamsters' Industry Welfare Fund?
Who are the executives of Board Of Trustees-Teamsters' Industry Welfare Fund and what are their salaries?
Where can I find the form 990 for Board Of Trustees-Teamsters' Industry Welfare Fund?

Mission Statement of Board Of Trustees-Teamsters' Industry Welfare Fund

The Board of Trustees-Teamsters' Industry Welfare Fund is a nonprofit organization committed to delivering health and welfare benefits to its members and their dependents. This encompasses a range of benefits, including medical, dental, accident, disability, prescription drug, and death benefits.

To fulfill its mission, the Fund contracts with an insurance provider for the coverage of hospital, medical, and surgical benefits. In addition to insurance coverage, the Fund also utilizes its trust assets to provide benefits for eligible participants and their dependents. These benefits include dental, vision, short-term disability, prescription drug, and death benefits, as outlined in the Benefit Plan Booklet of the Fund. It is important to note that post-retirement benefits are not provided under the Fund.

By offering these comprehensive benefits, the Board of Trustees-Teamsters' Industry Welfare Fund aims to support its members and their families in maintaining their overall wellbeing. The organization is dedicated to ensuring that those it serves have access to the necessary resources for their health and welfare, providing peace of mind and security in the face of various life challenges.

Impact

This information is meant to be a general summary of Board Of Trustees-Teamsters' Industry Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Board Of Trustees-Teamsters' Industry Welfare Fund has a significant impact on its members and their dependents by providing crucial health and welfare benefits. These benefits include medical, dental, accident, disability, prescription drug, and death benefits. By contracting with an insurance provider for hospital, medical, and surgical coverage and utilizing trust assets for additional benefits like dental, vision, short-term disability, and prescription drugs, the Fund ensures that eligible participants have access to necessary healthcare services. This support helps ensure the well-being and financial security of its members and their families, underscoring the Fund's commitment to providing essential assistance within its community.





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: $1,153,229
  • Program Service Revenue: $11,258,204
  • Gross Receipts: $18,573,545

    • Assets and Liabilities:
  • Total Assets: $53,977,835
  • Total Liabilities: $9,275,499
  • Net Assets: $44,702,336
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $11,184,118

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $74,086

    Organization Details

    Founding Year

    1955

    Principal Officer

    Angela Petersen

    Main Address

    3025 WASHINGTON ROAD 304, MCMURRAY, PA, 153173246

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Board Of Trustees-Teamsters' Industry 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.