Teamsters Retiree Trust

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

EIN: 686097704 ✦ Stockton, CA ✦ Designated as a 501(c)(9)

Overview

What is Teamsters Retiree Trust?

Teamsters Retiree Trust is a nonprofit organization situated in Stockton, California. Their primary mission is to extend health and welfare benefits to retired employees and their dependents. By offering these essential services, they aim to ensure the well-being of retirees, providing them with peace of mind and financial security in their post-employment years. With a single employee committed to this cause, Teamsters Retiree Trust continues to make a significant impact on the lives of its beneficiaries.


Is Teamsters Retiree Trust legitimate?

Teamsters Retiree Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Retiree Trust 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 Retiree Trust?
Who is the CEO of Teamsters Retiree Trust?
What is the revenue of Teamsters Retiree Trust?
Who are the executives of Teamsters Retiree Trust and what are their salaries?
Where can I find the form 990 for Teamsters Retiree Trust?

Mission Statement of Teamsters Retiree Trust

The Teamsters Retiree Trust is a dedicated organization committed to delivering health and welfare benefits to retired employees and their dependents. Established with a clear mission, this trust works tirelessly to ensure the wellbeing of those who have spent their careers in employment covered under the Trust.

In the third person perspective, the Teamsters Retiree Trust takes pride in its role as a provider of essential benefits to those deserving of rest and relaxation in their post-employment years. This mission is carried out through a range of offerings, all aimed at enhancing the quality of life for its beneficiaries. The organization's dedication can be seen in its provision of comprehensive health and welfare services that cater to the needs of retired employees and their dependents.

By focusing on the delivery of crucial benefits, the Teamsters Retiree Trust plays an integral role in providing peace of mind and security to its members. With a steadfast commitment to its cause, the Trust continues to make a significant difference in the lives of retired employees and their families, ensuring that they can enjoy their golden years with the confidence that comes from knowing their essential needs are being met.

Impact

This information is meant to be a general summary of Teamsters Retiree Trust. 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 Teamsters Retiree Trust is felt through the provision of essential health and welfare benefits for retired employees and their dependents. By ensuring access to these benefits, the Trust plays a vital role in supporting the well-being and quality of life of retired individuals who have dedicated their careers to their work. This support helps retirees maintain their health and financial stability during their retirement years, contributing to overall community welfare.





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: $286,905
  • Program Service Revenue: $35,620,965
  • Gross Receipts: $40,887,421

    • Assets and Liabilities:
  • Total Assets: $18,179,816
  • Total Liabilities: $4,136,494
  • Net Assets: $14,043,322
  • Programs

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

    RESERVE SUBSIDY

    Revenue

    $15,554,333

    ACTIVE SUBSIDY

    Revenue

    $9,711,530

    RETIREE & EMPLOYER CONTRIBUTIONS

    Revenue

    $8,851,557

    DRUG REBATE

    Revenue

    $889,827

    STOP-LOSS REIMBURSEMENT

    Revenue

    $490,275

    Organization Details

    Founding Year

    1993

    Principal Officer

    Dave Hawley

    Main Address

    PO BOX 2300, STOCKTON, CA, 95201

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Teamsters Retiree Trust 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.