Warehouse Employees Local No 570 Trust Fund

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

EIN: 526048847 ✦ Baltimore, MD ✦ Designated as a 501(c)(9)

Overview

What is Warehouse Employees Local No 570 Trust Fund?

Warehouse Employees Local No 570 Trust Fund is a nonprofit organization situated in Baltimore, Maryland, specifically at 1005 North Point Blvd 726. The primary objective of this entity is to offer health and dental benefits for covered employees. Employers are mandated to contribute to the fund based on the terms of the collective bargaining agreement. The Trust Fund exists to cater to the health and dental needs of its members.


Is Warehouse Employees Local No 570 Trust Fund legitimate?

Warehouse Employees Local No 570 Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Warehouse Employees Local No 570 Trust 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: $217,755

For more financial information, click here


What is the mission statement of Warehouse Employees Local No 570 Trust Fund?
Who is the CEO of Warehouse Employees Local No 570 Trust Fund?
What is the revenue of Warehouse Employees Local No 570 Trust Fund?
Who are the executives of Warehouse Employees Local No 570 Trust Fund and what are their salaries?
Where can I find the form 990 for Warehouse Employees Local No 570 Trust Fund?

Mission Statement of Warehouse Employees Local No 570 Trust Fund

Warehouse Employees Local No 570 Trust Fund, a not-for-profit organization, is dedicated to extending health and dental benefits to its members. This trust fund serves as a crucial safety net for covered employees whose employers are contractually obligated to contribute to the fund through collective bargaining agreements. By doing so, the Trust Fund ensures that these employees have access to essential health and dental coverage.

In essence, the Trust Fund acts as a vital intermediary between employers and their employees, providing a comprehensive benefits package that enhances the overall wellbeing of the workforce. The organization's mission is rooted in its commitment to ensuring that eligible employees receive the health and dental care they need, enabling them to maintain good health and focus on their professional pursuits.

The Trust Fund operates under the terms of the collective bargaining agreements, guaranteeing that the employers make their required contributions. This dedication to providing crucial benefits for covered employees reaffirms the Trust Fund's role as a dependable partner for both employers and their workforce.

Impact

This information is meant to be a general summary of Warehouse Employees Local No 570 Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Warehouse Employees Local No 570 Trust Fund's impact is significant in providing crucial health and dental benefits to its members. By offering these essential benefits, the trust fund plays a vital role in ensuring the well-being and overall health of covered employees. This support is particularly important as it enables workers to access necessary healthcare services, maintain good oral health, and ultimately lead better and more secure lives. The trust fund's focus on providing mutual benefits to its members underscores its commitment to supporting the welfare of the workforce in Baltimore, MD.





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: $2,013,248
  • Program Service Revenue: $17,311,877
  • Gross Receipts: $24,543,571

    • Assets and Liabilities:
  • Total Assets: $32,295,634
  • Total Liabilities: $120,287
  • Net Assets: $32,175,347
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $17,135,298

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $176,579

    Organization Details

    Founding Year

    1983

    Principal Officer

    Sean Cedenio

    Main Address

    1005 NORTH POINT BLVD 726, BALTIMORE, MD, 21224

    NTEE Category

    Code: Y20 - Mutual benefit

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