Teamsters Joint Council 32-Employers Health And Welfare Fund

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

EIN: 410855601 ✦ Bloomington, MN ✦ Designated as a 501(c)(9)

Overview

What is Teamsters Joint Council 32-Employers Health And Welfare Fund?

The Teamsters Joint Council 32-Employers Health and Welfare Fund is a nonprofit organization based in Bloomington, Minnesota. It offers various health and welfare benefits to participants whose employers make contributions based on their collective bargaining agreement. The benefits include medical coverage, prescription drugs, dental care, vision services, short-term disability, and death and accidental death and dismemberment insurance. The organization provides these benefits to participants in accordance with their employment terms.


Is Teamsters Joint Council 32-Employers Health And Welfare Fund legitimate?

Teamsters Joint Council 32-Employers Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Joint Council 32-Employers 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: $0

For more financial information, click here


What is the mission statement of Teamsters Joint Council 32-Employers Health And Welfare Fund?
Who is the CEO of Teamsters Joint Council 32-Employers Health And Welfare Fund?
What is the revenue of Teamsters Joint Council 32-Employers Health And Welfare Fund?
Who are the executives of Teamsters Joint Council 32-Employers Health And Welfare Fund and what are their salaries?
Where can I find the form 990 for Teamsters Joint Council 32-Employers Health And Welfare Fund?

Mission Statement of Teamsters Joint Council 32-Employers Health And Welfare Fund

The Teamsters Joint Council 32-Employers Health and Welfare Fund is a vital organization that offers medical, dental, vision, prescription, short-term disability, death, and accidental death and dismemberment benefits to eligible participants. This fund is unique as it functions based on the collective bargaining agreements between employers and the Teamsters Joint Council 32.

In simpler terms, the Teamsters Joint Council 32-Employers Health and Welfare Fund serves as a crucial lifeline for individuals whose employers contribute to the plan according to their negotiated agreements. The Fund's primary objective is to ensure the wellbeing of these individuals by providing comprehensive health and welfare benefits.

By contributing to this fund, employers not only secure the health and peace of mind for their workforce but also demonstrate their commitment towards their employees' welfare. The benefits offered by the Teamsters Joint Council 32-Employers Health and Welfare Fund play a pivotal role in promoting overall health and well-being among the workforce, enabling them to focus on their professional growth and personal lives.

Impact

This information is meant to be a general summary of Teamsters Joint Council 32-Employers 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

The impact of the Teamsters Joint Council 32-Employers Health And Welfare Fund lies in providing crucial medical, prescription drug, dental, vision, short-term disability, and death and dismemberment benefits to participants through contributions made by their employers as per collective bargaining agreements. This ensures that eligible individuals have access to essential healthcare services and financial protections in times of need. The fund's presence in Bloomington, Minnesota, contributes to the well-being and security of those covered by the plan, highlighting its significance in supporting the mutual benefit of participants and their employers.





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: $764,189
  • Program Service Revenue: $69,302,302
  • Gross Receipts: $110,896,684

    • Assets and Liabilities:
  • Total Assets: $66,667,205
  • Total Liabilities: $4,361,283
  • Net Assets: $62,305,922
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $66,449,072

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $2,853,230

    Organization Details

    Founding Year

    1980

    Principal Officer

    Larry Yoswa

    Main Address

    3001 METRO DR STE 500, BLOOMINGTON, MN, 55425

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Teamsters Joint Council 32-Employers Health And 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.