Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund

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

EIN: 540556299 ✦ Richmond, VA ✦ Designated as a 501(c)(9)

Overview

What is Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund?

Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund is a nonprofit organization committed to administering and providing health and welfare benefits to participants and their eligible dependents, as outlined in collective bargaining and participation agreements. The fund aims to cover the reasonable expenses related to the operation and administration of the organization, ensuring the provision of benefits as determined by its trustees.


Official website here: www.tjc83funds.org

Is Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund legitimate?

Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Joint Council No 83 Of Virginia Health & 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: $148,589
Professional Fundraising Fees: $0
Other Salaries and Wages: $763,549

For more financial information, click here


Official website here: www.tjc83funds.org

What is the mission statement of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund?

The Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund is dedicated to providing health and welfare benefits to its participants and their beneficiaries, as determined by the fund's trustees. The organization aims to cover reasonable expenses related to the operation and administration of the fund. In essence, its mission is to administer and offer health and welfare benefits to eligible individuals covered by applicable collective bargaining and participation agreements. The fund strives to ensure the well-being of those it serves by managing and providing essential benefits.


Official website here: www.tjc83funds.org

Who is the CEO of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund?

James Smith is the Employer Trustee of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund.


Official website here: www.tjc83funds.org

What is the revenue of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund?

Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund's revenue in 2022 was $94,246,401.


Official website here: www.tjc83funds.org

Who are the executives of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund and what are their salaries?

Here are 8 key members and their salaries:

    James Wright (Union Trustee)
  • Compensation: $0
  • Related: $133,650
  • Other: $56,506

    • James R Smith (Union Trustee)
  • Compensation: $0
  • Related: $116,496
  • Other: $55,576

    • Mike Davis (Exec Director)
  • Compensation: $74,250
  • Related: $0
  • Other: $20,797

    • Robin Donovick (Former Exec Director)
  • Compensation: $45,065
  • Related: $0
  • Other: $8,478

    • W Robert Davidson (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William A Nations (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Farrish (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Bowers (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tjc83funds.org

    Where can I find the form 990 for Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund?

    The Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tjc83funds.org

    Learn more at the official website: www.tjc83funds.org

    Mission Statement of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund

    Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund is a nonprofit organization dedicated to providing health and welfare benefits to its participants and their beneficiaries. The Trustees of this fund determine the specific benefits to be offered. In addition to offering these essential benefits, the Fund also provides the necessary resources for covering the reasonable expenses associated with the fund's operation and administration.

    In simple terms, the Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund serves as a vital safety net for its members. By administering and managing a comprehensive health and welfare benefits program, the organization ensures that those covered under applicable collective bargaining and participation agreements have access to essential services and support when they need it most. The Fund's mission goes beyond just offering benefits; it also focuses on providing the necessary means to effectively manage and operate the program, ensuring the sustainability and longevity of the benefits for its participants and their dependents.

    Impact

    This information is meant to be a general summary of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund's impact lies in providing essential health and welfare benefits to participants and their beneficiaries, as determined by the trustees. By administering these benefits and providing the means to cover reasonable expenses for the operation and administration of the fund, the organization plays a vital role in supporting the well-being and security of those covered by applicable collective bargaining and participation agreements. Through its mission to offer these benefits, the fund contributes to enhancing the quality of life and ensuring access to necessary healthcare services for its participants and their eligible dependents.





    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: $1,644,514
  • Program Service Revenue: $88,869,882
  • Gross Receipts: $94,429,560

    • Assets and Liabilities:
  • Total Assets: $132,628,855
  • Total Liabilities: $1,154,010
  • Net Assets: $131,474,845
  • Programs

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

    PARTICIPANT EMPLOYER CONTRIBUTION

    Revenue

    $87,216,960

    VOLUNTARY EMPLOYEE CONTRIBUTION

    Revenue

    $1,652,922

    Organization Details

    Founding Year

    1952

    Principal Officer

    James Smith

    Main Address

    8814 FARGO ROAD 200, RICHMOND, VA, 232294673

    NTEE Category

    Code: Y40 - Mutual benefit

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