Contractors Laborers Teamsters& Engineers Health & Welfare Plan

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

EIN: 470469477 ✦ Omaha, NE ✦ Designated as a 501(c)(9)

Overview

What is Contractors Laborers Teamsters& Engineers Health & Welfare Plan?

The Contractors Laborers Teamsters & Engineers Health & Welfare Plan is a nonprofit organization based in Omaha, Nebraska, with an address at 10334 Ellison Circle, ZIP code 68134. Their primary mission involves providing health and welfare benefits to eligible participants and dependents within the Nebraska construction industry. Established as a collectively bargained, multi-employer plan, they offer essential medical, dental, short-term disability benefits, and prescriptions. With a team of 14 employees, they ensure the well-being of those in the construction sector.


Is Contractors Laborers Teamsters& Engineers Health & Welfare Plan legitimate?

Contractors Laborers Teamsters& Engineers Health & Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Contractors Laborers Teamsters& Engineers Health & Welfare Plan 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: $130,920

For more financial information, click here


What is the mission statement of Contractors Laborers Teamsters& Engineers Health & Welfare Plan?
Who is the CEO of Contractors Laborers Teamsters& Engineers Health & Welfare Plan?
What is the revenue of Contractors Laborers Teamsters& Engineers Health & Welfare Plan?
Who are the executives of Contractors Laborers Teamsters& Engineers Health & Welfare Plan and what are their salaries?
Where can I find the form 990 for Contractors Laborers Teamsters& Engineers Health & Welfare Plan?

Mission Statement of Contractors Laborers Teamsters& Engineers Health & Welfare Plan

Contractors Laborers Teamsters & Engineers Health & Welfare Plan is a collectively bargained, multi-employer organization committed to providing essential health and welfare benefits to eligible participants and their dependents within the Nebraska construction industry. Established with the mission to ensure accessible medical, dental, short-term disability benefits, and prescription coverage, the Plan plays a vital role in safeguarding the wellbeing of its members.

In the dynamic landscape of the Nebraska construction industry, the Health & Welfare Plan stands as a steadfast supporter of its workforce. By offering comprehensive benefits, it fosters a healthier and more productive workforce, ultimately benefiting the industry as a whole. The Plan's far-reaching influence extends beyond individual employee concerns, as it also contributes to the overall health and stability of the construction sector.

Through its collective bargaining power, the Contractors Laborers Teamsters & Engineers Health & Welfare Plan secures competitive benefit packages for its participants. This not only provides financial relief to its members, but also instills a sense of security and peace of mind. By addressing the health needs of its workforce, the Plan paves the way for a healthier, more flourishing industry.

Impact

This information is meant to be a general summary of Contractors Laborers Teamsters& Engineers Health & Welfare Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Contractors Laborers Teamsters & Engineers Health & Welfare Plan has a significant impact on the Nebraska construction industry by providing essential health and welfare benefits to qualified participants and their dependents. The plan ensures that individuals in this sector have access to medical, dental, short-term disability benefits, and prescriptions, thus supporting their overall well-being and enabling them to focus on their work without the added stress of healthcare costs. This collectively bargained, multiemployer plan plays a crucial role in supporting the health and livelihood of those working in the construction industry in Nebraska.





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: $2,493,237
  • Program Service Revenue: $10,090,520
  • Gross Receipts: $17,030,798

    • Assets and Liabilities:
  • Total Assets: $9,824,496
  • Total Liabilities: $7,216,603
  • Net Assets: $2,607,893
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $9,965,400

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $125,120

    Organization Details

    Founding Year

    1963

    Principal Officer

    Tim Mccormick

    Main Address

    10334 ELLISON CIRCLE, OMAHA, NE, 68134

    NTEE Category

    Code: Y40 - Mutual benefit

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