Overview
What is Cleveland Bakers And Teamsters Health And Welfare Fund?
The Cleveland Bakers and Teamsters Health and Welfare Fund is a nonprofit organization based in Valley View, Ohio, with an address at 9665 Rockside Road C, ZIP code 44125. With a team of 13 employees, their primary mission is to effectively manage and administer a multi-employer health and welfare plan for the benefit of participating employees and their dependents. They carry out essential functions to ensure the smooth operation of the plan, providing vital services to those enrolled.
Official website here: www.cbtfunds.com/
Is Cleveland Bakers And Teamsters Health And Welfare Fund legitimate?
Cleveland Bakers And Teamsters Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cleveland Bakers And Teamsters Health And 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: $654,319
For more financial information, click here
Official website here: www.cbtfunds.com/
What is the mission statement of Cleveland Bakers And Teamsters Health And Welfare Fund?
The Cleveland Bakers and Teamsters Health and Welfare Fund carries out the essential duties of managing a multi-employer health and welfare plan. This role is undertaken on behalf of the participating employees and their dependents. The primary objective of the fund is to ensure the smooth administration of this plan to cater to the health and well-being needs of its members. The fund is committed to executing its functions meticulously and effectively in order to provide optimal benefits to those enrolled in the plan. By focusing on the administrative aspects of the health and welfare plan, the fund plays a crucial role in securing access to essential health services for its participants.
Official website here: www.cbtfunds.com/
Who is the CEO of Cleveland Bakers And Teamsters Health And Welfare Fund?
Carl Pecoraro is the Chairman of Cleveland Bakers And Teamsters Health And Welfare Fund.
Official website here: www.cbtfunds.com/
What is the revenue of Cleveland Bakers And Teamsters Health And Welfare Fund?
Cleveland Bakers And Teamsters Health And Welfare Fund's revenue in 2022 was $72,549,949.
Official website here: www.cbtfunds.com/
Who are the executives of Cleveland Bakers And Teamsters Health And Welfare Fund and what are their salaries?
The average compensation at Cleveland Bakers And Teamsters Health And Welfare Fund during 2022 was $50,332. There are 13 employees and 18 volunteers at Cleveland Bakers And Teamsters Health And Welfare Fund.
Here are 20 key members and their salaries:
- Abby Pecoraro (Health And Welfare Manager)
- Carl Pecoraro (Chairman) [Trustee/Director]
- Edward Thomas (Co-Chairman) [Trustee/Director]
- Ed Weintraub (Secretary) [Trustee/Director]
- Holly Dibin (Trustee)
- Dan Gentile (Trustee)
- Thomas Heinen (Trustee)
- Ray Huber (Trustee)
- Robert A Johnson Jr (Trustee (Until 06/22))
- Paul Labuda (Trustee)
- Stan Labuda (Trustee)
- Phil Lukic (Trustee)
- Brian Pyclik (Trustee)
- Mark Sponseller (Trustee)
- Michael Stanek (Trustee)
- Tito Wilson (Trustee)
- Dan Chavez (Alternate Trustee)
- Jim Franklin (Alternate Trustee)
- Cory Renn (Alternate Trustee)
- Tony Slee (Alternate Trustee)
Official website here: www.cbtfunds.com/
Where can I find the form 990 for Cleveland Bakers And Teamsters Health And Welfare Fund?
The Cleveland Bakers And Teamsters Health And Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cbtfunds.com/
Learn more at the official website: www.cbtfunds.com/
Mission Statement of Cleveland Bakers And Teamsters Health And Welfare Fund
Cleveland Bakers and Teamsters Health and Welfare Fund is a nonprofit organization dedicated to managing a multi-employer health and welfare plan. In simpler terms, they oversee the provision of health and related benefits to employees and their dependents from various participating employers. This fund plays a vital role in ensuring that eligible individuals have access to essential healthcare services.
The primary mission of Cleveland Bakers and Teamsters Health and Welfare Fund is to administer the multi-employer health and welfare plan on behalf of its participants and their dependents. By taking on this responsibility, the organization enables participating employers to offer comprehensive health benefits to their workforce, thus promoting a healthier and more productive workforce. The fund's activities include managing the plan's finances, negotiating contracts with healthcare providers, and implementing policies and procedures to ensure the plan's smooth operation.
In essence, Cleveland Bakers and Teamsters Health and Welfare Fund acts as a bridge between employers and their employees, ensuring that healthcare benefits are available and accessible to those who need them. By performing these functions, the organization helps to alleviate the burden on employers while providing valuable health and welfare benefits to their workforce. This, in turn, contributes to a stronger and more stable workforce, ultimately benefiting both the employers and the employees.
Impact
This information is meant to be a general summary of Cleveland Bakers And Teamsters Health And Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Cleveland Bakers And Teamsters Health And Welfare Fund's impact lies in its ability to administer a multi-employer health and welfare plan for the benefit of participants and their dependents. By ensuring access to affordable healthcare and other welfare benefits, the fund plays a crucial role in supporting the well-being of individuals working in the baking and transportation industries in the Cleveland area. Through its mission-driven activities, the fund contributes to the overall health and financial security of its participants, ultimately enhancing the quality of life for its members and their families.
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
$62,369,801
Participants Contributions
Revenue
$5,158,421
Retiree Contributions
Revenue
$1,824,370
Formulary Rebates
Revenue
$1,417,520
Cobra Premiums Received
Revenue
$76,622
Organization Details
Founding Year
1952
Phone
(216) 781-6858
Principal Officer
Carl Pecoraro
Main Address
9665 Rockside Road C, Valley View, OH, 44125
Website
www.cbtfunds.com/
NTEE Category
Code: Y40 - Mutual benefit
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