Overview
What is Teamsters Health & Welfare Trust Fund?
The Teamsters Health & Welfare Trust Fund is a charitable organization based in Honolulu, Hawaii, with a significant presence at 560 N NIMITZ HWY 209. Its primary mission is to extend health and welfare benefits to eligible participants, their dependents, and retirees. The Trust Fund achieves this goal by making regular insurance premium payments to various carriers, totaling approximately $40 million annually for medical and dental coverage, chiropractic care, Medicare premium reimbursements, life insurance, and vision insurance. The organization's dedication revolves around providing comprehensive health and welfare benefits to those in need.
Is Teamsters Health & Welfare Trust Fund legitimate?
Teamsters Health & Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Health & Welfare Trust 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 Health & Welfare Trust Fund?
The Teamsters Health & Welfare Trust Fund is dedicated to extending health and welfare benefits to eligible individuals, including their dependents and retirees. Through regular insurance premium payments to various carriers, the organization supports the provision of medical, dental, chiropratic care, Medicare premium reimbursements, life insurance, and vision coverage. By doing so, it ensures that the beneficiaries have access to essential health services, enabling them to maintain their well-being.
Who is the CEO of Teamsters Health & Welfare Trust Fund?
Kevin Holu Jenny Lemaot is the Union Trustee of Teamsters Health & Welfare Trust Fund.
What is the revenue of Teamsters Health & Welfare Trust Fund?
Teamsters Health & Welfare Trust Fund's revenue in 2022 was $49,365,368.
Who are the executives of Teamsters Health & Welfare Trust Fund and what are their salaries?
- Kevin Holu (Union Trustee)
- Joelle Hussey (Union Trustee)
- Jonathan Reed (Union Trustee (Alt))
- Chris Ueoka (Union Trustee (Alt))
- Robert Yu (Employer Trustee)
- Jenny Lemaota (Employer Trustee)
- Eileen Mori-Mishina (Employer Trustee (Alt))
Where can I find the form 990 for Teamsters Health & Welfare Trust Fund?
The Teamsters Health & Welfare Trust Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Teamsters Health & Welfare Trust Fund
Teamsters Health & Welfare Trust Fund is a dedicated organization that extends health and welfare benefits to eligible participants, their dependents, and retirees. Established with a clear-cut mission, the Trust Fund prioritizes the well-being of those who qualify by making monthly insurance premium payments to insurance carriers. These payments cover an extensive range of services, including medical, dental, chiropractic care, Medicare premium reimbursements, life insurance, and vision care. With an astounding financial commitment of over $36 million for medical and dental coverage alone, the Trust Fund's impact on the lives of those it serves is significant. By offering these essential benefits, the organization ensures that the health and welfare of its beneficiaries remain a top priority.
Impact
This information is meant to be a general summary of Teamsters Health & Welfare Trust 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 Health & Welfare Trust Fund has a direct impact on eligible participants, their dependents, and retirees by providing essential health and welfare benefits. This includes coverage for medical, dental, chiropractic care, Medicare premium reimbursements, life insurance, and vision care. Through paying monthly insurance premiums to insurance carriers, the Trust Fund ensures that individuals have access to necessary healthcare services and financial protection. This support plays a vital role in promoting the well-being and quality of life for those it serves.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS' CONTRIB
Revenue
$45,125,023
EMPLOYEES' CONTRIB
Revenue
$1,534,500
ARPA COBRA SUBSIDY
Revenue
$89,641
LIQUIDATED DAMAGES
Revenue
$2,635
Organization Details
Founding Year
1957
Phone
(808) 523-0199
Principal Officer
Kevin Holu Jenny Lemaot
Main Address
560 N NIMITZ HWY 209, HONOLULU, HI, 96817
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Teamsters Health & Welfare Trust Fund 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.