Washington Teamsters Welfare Trust

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

EIN: 916034673 ✦ Seattle, WA ✦ Designated as a 501(c)(9)

Overview

What is Washington Teamsters Welfare Trust?

The Washington Teamsters Welfare Trust is a nonprofit organization located in Seattle, Washington, with the address 2323 Eastlake Ave E, ZIP code 98102. Its primary mission is to extend health and welfare benefits to eligible participants, which comprise of actively employed individuals from participating employers. By offering these essential benefits, the Trust aims to enhance the well-being of its members and support their overall health.


Is Washington Teamsters Welfare Trust legitimate?

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

Mission Statement of Washington Teamsters Welfare Trust

The Washington Teamsters Welfare Trust is a dedicated organization that extends health and welfare benefits to eligible participants. These beneficiaries are primarily active employees of participating employers. The Trust's primary objective is to ensure the wellbeing of its members by providing essential health and welfare benefits.

By offering these vital services, the Washington Teamsters Welfare Trust aims to enhance the lives of its members, allowing them to focus on their work and personal lives without the added stress of health concerns. The Trust's unwavering commitment to its participants is evident in its mission to provide comprehensive benefits that cater to their diverse needs.

Furthermore, the Trust plays a crucial role in supporting the wellbeing of active employees by offering them access to essential healthcare services and various welfare programs. By doing so, the organization enables its members to maintain their health and overall well-being, ensuring they can continue to contribute to their workplaces and the broader community.

Impact

This information is meant to be a general summary of Washington 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

The Washington Teamsters Welfare Trust plays a crucial role in providing health and welfare benefits to eligible participants, primarily active employees of participating employers. By offering these essential benefits, the Trust positively impacts the well-being and quality of life of its members, ensuring they have access to necessary healthcare services and support. This support helps to enhance the overall livelihoods of individuals and their families, contributing to a healthier and more secure workforce in the state of Washington.





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: $5,175,788
  • Program Service Revenue: $352,188,688
  • Gross Receipts: $512,790,110

    • Assets and Liabilities:
  • Total Assets: $326,699,682
  • Total Liabilities: $108,523,389
  • Net Assets: $218,176,293
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $351,035,753

    COBRA CONTRIBUTIONS

    Revenue

    $1,152,935

    Organization Details

    Founding Year

    1958

    Principal Officer

    Rick Hicks

    Main Address

    2323 EASTLAKE AVE E, SEATTLE, WA, 98102

    NTEE Category

    Code: Y40 - Mutual benefit

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