Teamsters Miscellaneous Security Fund

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

EIN: 956060502 ✦ Pasadena, CA ✦ Designated as a 501(c)(9)

Overview

What is Teamsters Miscellaneous Security Fund?

The Teamsters Miscellaneous Security Fund is a nonprofit organization based in Pasadena, California, with the address 225 South Lake Avenue 1200. Their primary mission is to provide eligible participants and their dependents with medical, death, mental health, and welfare benefits, as outlined in collective bargaining agreements. The Fund is dedicated to ensuring the well-being of those it serves through the offerings of essential benefits.


Is Teamsters Miscellaneous Security Fund legitimate?

Teamsters Miscellaneous Security Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Miscellaneous Security 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: $0

For more financial information, click here


What is the mission statement of Teamsters Miscellaneous Security Fund?
Who is the CEO of Teamsters Miscellaneous Security Fund?
What is the revenue of Teamsters Miscellaneous Security Fund?
Who are the executives of Teamsters Miscellaneous Security Fund and what are their salaries?
Where can I find the form 990 for Teamsters Miscellaneous Security Fund?

Mission Statement of Teamsters Miscellaneous Security Fund

Teamsters Miscellaneous Security Fund, a nonprofit organization, is dedicated to providing eligible participants and their dependents with essential medical, death, mental health, and welfare benefits as outlined in collective bargaining agreements. Through its mission, the Fund extends vital support, ensuring access to crucial services that safeguard the wellbeing of its members and their families.

The Fund's purpose lies in the fulfillment of commitments made between employers and labor unions. By offering comprehensive benefits, the organization fosters improved health and peace of mind for the eligible population. The medical benefits cover various aspects of healthcare, ensuring that participants have access to necessary treatments and preventative care. Moreover, the provision of mental health benefits adds another layer of support, addressing the emotional and psychological needs of the members. Additionally, death and welfare benefits offer financial security during challenging times, providing a safety net for those in need.

Teamsters Miscellaneous Security Fund plays a pivotal role in upholding the promises made through collective bargaining agreements. By delivering on these commitments, the organization strengthens the bonds between employers, labor unions, and the workforce. The provision of these benefits not only enhances the quality of life for members but also fosters a more productive and engaged workforce. Ultimately, the Fund's mission contributes to fostering a more equitable and supportive society, where the needs of its members are prioritized and addressed.

Impact

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




Thursday, August 15, 2024

The Teamsters Miscellaneous Security Fund impacts the lives of eligible participants and their dependents by providing essential medical, death, mental health, and welfare benefits in accordance with collective bargaining agreements. This assistance ensures that individuals have access to necessary healthcare services and support, contributing to their overall well-being and security. Through its mission, the Teamsters Miscellaneous Security Fund plays a vital role in safeguarding the health and welfare of those it serves, fostering a sense of 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: $2,350,567
  • Program Service Revenue: $235,667,321
  • Gross Receipts: $225,099,881

    • Assets and Liabilities:
  • Total Assets: $246,728,651
  • Total Liabilities: $18,706,890
  • Net Assets: $228,021,761
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $229,532,873

    PARTICIPANT SELF-PAYMENTS

    Revenue

    $6,134,448

    Organization Details

    Principal Officer

    Felix Serna

    Main Address

    225 SOUTH LAKE AVENUE 1200, PASADENA, CA, 91101

    NTEE Category

    Code: Y40 - Mutual benefit

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