Western Teamsters Welfare Trust

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

EIN: 916033601 ✦ Pasadena, CA ✦ Designated as a 501(c)(9)

Overview

What is Western Teamsters Welfare Trust?

Western Teamsters Welfare Trust is a nonprofit organization based in Pasadena, California, specifically located at 225 S Lake Ave, Suite 1200. Their primary mission is to extend health and welfare benefits to eligible participants, which encompasses both active and casual employees of participating employers and eligible retirees. By providing these crucial services, the Trust aims to enhance the well-being and quality of life for those it serves.


Is Western Teamsters Welfare Trust legitimate?

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

Mission Statement of Western Teamsters Welfare Trust

The Western Teamsters Welfare Trust is a nonprofit organization dedicated to extending health and welfare benefits to eligible participants. This encompasses not only active and casual employees of participating employers but also eligible retirees. The Trust's primary goal is to ensure the well-being of those it serves, offering them essential benefits to enhance their overall quality of life.

Through its mission, the Western Teamsters Welfare Trust steps in to provide a safety net for those who require support. It is an essential lifeline for individuals who may face challenges in accessing critical health and welfare services. The Trust's commitment to its participants is unwavering, extending a helping hand to those who need it most.

By offering health and welfare benefits, the Western Teamsters Welfare Trust plays a pivotal role in promoting the well-being of its participants. It empowers them to focus on their personal growth, knowing that they have access to the resources they need to maintain their health and well-being. With this support, the Trust enables its participants to confront life's challenges with confidence, knowing that they are not alone in their journey.

Impact

This information is meant to be a general summary of Western Teamsters Welfare Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Western Teamsters Welfare Trust has a significant impact by providing health and welfare benefits to eligible participants, including active and casual employees of participating employers and eligible retirees. This support helps ensure that individuals have access to essential healthcare services and financial protection, contributing to their overall well-being and quality of life. By offering these benefits, the Trust plays a crucial role in promoting the health and stability of its members, fostering a sense of security and mutual benefit within the community.





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: $5,076,265
  • Program Service Revenue: $152,341,782
  • Gross Receipts: $240,484,002

    • Assets and Liabilities:
  • Total Assets: $178,197,091
  • Total Liabilities: $36,298,487
  • Net Assets: $141,898,604
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $141,668,129

    RETIREE CONTRIBUTIONS

    Revenue

    $10,428,610

    COBRA

    Revenue

    $245,043

    Organization Details

    Founding Year

    1962

    Principal Officer

    Bob Paffenroth

    Main Address

    225 S LAKE AVE STE 1200, PASADENA, CA, 91101

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Western Teamsters Welfare 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.