Suburban Teamsters Of Northern Illinois Welfare Fund

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

EIN: 366158494 ✦ West chicago, IL ✦ Designated as a 501(c)(9)

Overview

What is Suburban Teamsters Of Northern Illinois Welfare Fund?

The Suburban Teamsters of Northern Illinois Welfare Fund is a nonprofit organization dedicated to offering health and welfare benefits to eligible participants and their dependents. Through various programs, this fund ensures the well-being of its members by providing essential services and support. The description in the information array underscores their mission to "PROVIDE HEALTH BENEFITS," making their primary focus on improving the quality of life for those they serve.


Official website here: www.suburbanteamsters.com

Is Suburban Teamsters Of Northern Illinois Welfare Fund legitimate?

Suburban Teamsters Of Northern Illinois Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Suburban Teamsters Of Northern Illinois 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: $58,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $653,410

For more financial information, click here


Official website here: www.suburbanteamsters.com

What is the mission statement of Suburban Teamsters Of Northern Illinois Welfare Fund?

The Suburban Teamsters of Northern Illinois Welfare Fund is dedicated to delivering health and welfare benefits to eligible individuals and their dependents. Through various programs, they aim to enhance the wellbeing of participants by providing essential services. The organization's mission revolves around ensuring that those in need have access to vital health benefits. By offering a range of programs, the Suburban Teamsters of Northern Illinois Welfare Fund strives to better the lives of its beneficiaries, focusing on their overall health and wellbeing.


Official website here: www.suburbanteamsters.com

Who is the CEO of Suburban Teamsters Of Northern Illinois Welfare Fund?

Mark Kennedy is the Trustee of Suburban Teamsters Of Northern Illinois Welfare Fund.


Official website here: www.suburbanteamsters.com

What is the revenue of Suburban Teamsters Of Northern Illinois Welfare Fund?

Suburban Teamsters Of Northern Illinois Welfare Fund's revenue in 2022 was $69,417,587.


Official website here: www.suburbanteamsters.com

Who are the executives of Suburban Teamsters Of Northern Illinois Welfare Fund and what are their salaries?

The average compensation at Suburban Teamsters Of Northern Illinois Welfare Fund during 2022 was $5,316. There are 134 employees at Suburban Teamsters Of Northern Illinois Welfare Fund.

Here are 8 key members and their salaries:

    Dominic Romanazzi (Trustee)
  • Compensation: $0
  • Related: $197,119
  • Other: $57,379

    • Thomas Flynn (Trustee)
  • Compensation: $0
  • Related: $170,756
  • Other: $50,357

    • Jose Colin (Fund Manager)
  • Compensation: $0
  • Related: $174,438
  • Other: $39,756

    • Timothy Custer (Trustee)
  • Compensation: $0
  • Related: $147,217
  • Other: $63,016

    • Sue Selimos (Welfare Operations Manager)
  • Compensation: $0
  • Related: $133,065
  • Other: $39,756

    • Mark Kennedy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Brach (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ritch Dembinsky (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.suburbanteamsters.com

    Where can I find the form 990 for Suburban Teamsters Of Northern Illinois Welfare Fund?

    The Suburban Teamsters Of Northern Illinois Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.suburbanteamsters.com

    Learn more at the official website: www.suburbanteamsters.com

    Mission Statement of Suburban Teamsters Of Northern Illinois Welfare Fund

    The Suburban Teamsters of Northern Illinois Welfare Fund is a mission-driven organization that offers health and welfare benefits to eligible individuals and their dependents. In simpler terms, this nonprofit provides essential services to those in need, facilitating their access to vital resources for overall well-being.

    The Suburban Teamsters of Northern Illinois Welfare Fund's primary goal is to enhance the lives of participants by offering a range of programs tailored to their health and welfare needs. These programs are designed to ensure that eligible individuals and their families have access to necessary benefits, promoting their overall health and well-being. By providing these benefits, the Fund seeks to improve the quality of life for its members and help them lead more fulfilling lives.

    In detail, the Suburban Teamsters of Northern Illinois Welfare Fund focuses on delivering health and welfare benefits to those who meet the eligibility criteria. Through these programs, the Fund offers a safety net for participants, providing them with essential services when they need it most. By addressing the health and welfare needs of its members, the organization plays a crucial role in enriching their lives and contributing to their overall well-being.

    Impact

    This information is meant to be a general summary of Suburban Teamsters Of Northern Illinois 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 Suburban Teamsters Of Northern Illinois Welfare Fund is evident in the provision of essential health and welfare benefits to eligible participants and their dependents through various programs. This assistance plays a crucial role in ensuring the well-being and quality of life of a significant number of individuals in the West Chicago area. Through their activities, the Fund contributes to the overall health and stability of its members, thereby positively impacting the community as a whole.





    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: $-1,983,734
  • Program Service Revenue: $71,401,235
  • Gross Receipts: $139,299,861

    • Assets and Liabilities:
  • Total Assets: $136,620,365
  • Total Liabilities: $287,597
  • Net Assets: $136,332,768
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $64,734,082

    PARTICIPANT & RETIREE CONTRIBUTIO

    Revenue

    $4,498,828

    PRESCRIPTION REBATES

    Revenue

    $2,168,325

    Organization Details

    Founding Year

    1951

    Principal Officer

    Mark Kennedy

    Main Address

    1171 COMMERCE DR UNIT 1, WEST CHICAGO, IL, 60185

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Suburban Teamsters Of Northern Illinois 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.