Michigan Conference Of Teamsters Welfare Fund

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

EIN: 381328578 ✦ Detroit, MI ✦ Designated as a 501(c)(9)

Overview

What is Michigan Conference Of Teamsters Welfare Fund?

The Michigan Conference of Teamsters Welfare Fund is a Detroit-based nonprofit organization dedicated to offering medical, prescription drugs, dental, vision, behavioral health, disability, and death benefits for eligible participants and their dependents. With a team of 104 employees, the Fund prioritizes delivering excellent administrative services and a comprehensive health and welfare benefits package to teamster members and their families. The organization aims to provide the best group health plan option by employing professional networks and accommodating the educational and operational requirements of union representatives and employers.


Official website here: www.mctwf.org

Is Michigan Conference Of Teamsters Welfare Fund legitimate?

Michigan Conference Of Teamsters Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Michigan Conference Of Teamsters 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: $481,648
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,543,703

For more financial information, click here


Official website here: www.mctwf.org

What is the mission statement of Michigan Conference Of Teamsters Welfare Fund?

The Michigan Conference of Teamsters Welfare Fund aims to offer eligible participants and their dependents the highest quality administrative services and a comprehensive range of affordable health and welfare benefits. These benefits include medical, prescription drugs, dental, vision, behavioral health, disability, and death coverage. The fund prioritizes utilizing professional networks to ensure participants have the greatest possible access to healthcare services. Additionally, the fund strives to meet the educational and operational requirements of teamster union representatives and employers. Overall, Michigan Conference of Teamsters Welfare Fund is committed to providing an exceptional group health plan option to meet the needs of teamster members and their families.


Official website here: www.mctwf.org

Who is the CEO of Michigan Conference Of Teamsters Welfare Fund?

Kyle Stallman is the Co-Chair, Trustee of Michigan Conference Of Teamsters Welfare Fund.


Official website here: www.mctwf.org

What is the revenue of Michigan Conference Of Teamsters Welfare Fund?

Michigan Conference Of Teamsters Welfare Fund's revenue in 2022 was $385,297,101.


Official website here: www.mctwf.org

Who are the executives of Michigan Conference Of Teamsters Welfare Fund and what are their salaries?

The average compensation at Michigan Conference Of Teamsters Welfare Fund during 2022 was $67,551. There are 104 employees at Michigan Conference Of Teamsters Welfare Fund.

Here are 14 key members and their salaries:

    Kyle Stallman (Executive Director)
  • Compensation: $315,787
  • Related: $0
  • Other: $60,410

    • William Deighton (Director Of It And Service)
  • Compensation: $203,225
  • Related: $0
  • Other: $57,105

    • Patricia Lavigne (Sr. Director Of Benefit Admin)
  • Compensation: $189,819
  • Related: $0
  • Other: $45,104

    • Bryan Carney (Director Of Financial Services)
  • Compensation: $174,483
  • Related: $0
  • Other: $56,015

    • Sandra Bowman-Claus (Senior Director For Plan Operations)
  • Compensation: $152,076
  • Related: $0
  • Other: $49,556

    • Vishal Sharma (Computer Systems Analyst)
  • Compensation: $143,122
  • Related: $0
  • Other: $54,873

    • Raymond J Buratto (Co-Chair, Trustee)
  • Compensation: $13,463
  • Related: $0
  • Other: $26,313

    • Earl D Ishbia (Trustee)
  • Compensation: $12,000
  • Related: $0
  • Other: $26,313

    • Robert W Jones (Trustee)
  • Compensation: $12,000
  • Related: $0
  • Other: $26,313

    • Gregory W Nowak (Co-Chair, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellis Wood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Ziembovic (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Zick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mctwf.org

    Where can I find the form 990 for Michigan Conference Of Teamsters Welfare Fund?

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


    Official website here: www.mctwf.org

    Learn more at the official website: www.mctwf.org

    Mission Statement of Michigan Conference Of Teamsters Welfare Fund

    The Michigan Conference of Teamsters Welfare Fund (MCTWF) is dedicated to delivering top-notch administrative services and a comprehensive range of cost-effective health and welfare benefits to eligible participants and their dependents. Through a network of professional providers, MCTWF strives to ensure the highest accessibility for these benefits, accommodating the educational and operational requirements of teamster union representatives and employers who offer MCTWF coverage. In essence, the Michigan Conference of Teamsters Welfare Fund aims to offer the most superior group health plan among all available options, catering to the diverse health and welfare needs of teamster members and their families. By prioritizing quality and accessibility, MCTWF is committed to enhancing the wellbeing of its beneficiaries and fostering a strong sense of security and support.

    Impact

    This information is meant to be a general summary of Michigan Conference Of Teamsters 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 Michigan Conference Of Teamsters Welfare Fund's impact is significant in providing essential health and welfare benefits to eligible participants and their dependents. By offering services such as medical, prescription drugs, dental, vision, behavioral health, disability, and death benefits, the fund plays a crucial role in ensuring the well-being and security of teamster members and their families. Through the utilization of provider networks that maintain high professional standards and offer broad access to participants, the fund aims to deliver cost-effective and comprehensive health care options. Overall, the Michigan Conference Of Teamsters Welfare Fund strives to be the top choice among available group health plans and insurers in meeting the health and welfare benefit needs of teamster members, demonstrating a commitment to mutual benefit and quality service provision.





    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: $76,912,693
  • Program Service Revenue: $308,382,667
  • Gross Receipts: $793,935,357

    • Assets and Liabilities:
  • Total Assets: $640,344,549
  • Total Liabilities: $12,457,503
  • Net Assets: $627,887,046
  • Programs

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

    Employer Contributions

    Revenue

    $304,136,027

    Retiree Contributions

    Revenue

    $3,233,396

    Cobra Contributions

    Revenue

    $1,013,244

    Organization Details

    Founding Year

    1949

    Principal Officer

    Kyle Stallman

    Main Address

    2700 Trumbull Avenue, Detroit, MI, 482161269

    NTEE Category

    Code: Y40 - Mutual benefit

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