Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits

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

EIN: 016196051 ✦ Washington, DC ✦ Designated as a 501(c)(9)

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Overview

What is Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits?

Trustees of International Brotherhood Teamsters Voluntary Employee Benefits is a nonprofit organization based in Washington, D.C., with the address 25 Louisiana Avenue NW, serving as a platform for organizing and funding various health insurance, welfare, and educational programs. These programs are specifically designed for the benefit of members of the International Brotherhood of Teamsters and their families. The organization's mission is to coordinate and finance numerous initiatives dedicated to improving the well-being and education of Teamsters and their loved ones.


Official website here: www.teamster.org

What are the reviews and ratings of this charity?

The Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits is currently not rated by Charity Navigator. This absence of a rating is not inherently negative or positive, but reflects the organization's status outside the scope of typical evaluations due to it not being a 501(c)(3) entity. Charity Navigator's rating system requires an Accountability & Finance or an Impact & Measurement beacon, which this organization does not qualify for.

The organization is independent, or an independent auxiliary, and does not provide financial details to be assessed under Charity Navigator’s guidelines. This lack of data on revenue, expenses, and salaries makes it challenging to evaluate the organization's financial health and transparency under Charity Navigator's usual methodologies.

Due to its classification, the organization cannot be assessed in categories such as Leadership & Adaptability, Culture & Community, or Impact & Measurement according to Charity Navigator’s criteria. No user reviews are available from GreatNonprofits, leaving public sentiment and experiential feedback to be not reflected in this summary.


This AI summary has been generated from information found on Charity Navigator.

Is Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits legitimate?

Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits 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 tax deductible.


Heare 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


Official website here: www.teamster.org

What is the mission statement of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits?

The Trustees of International Brotherhood Teamsters Voluntary Employee Benefits serves as a facilitator for the organization and financing of various health insurance, welfare, and educational programs. Its primary mission is to support the International Brotherhood of Teamsters members and their families by coordinating and funding these essential programs. The benefits provided include health insurance, welfare services, and educational opportunities, contributing significantly to the wellbeing and development of the members and their families.


Official website here: www.teamster.org

Who is the CEO of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits?

Fred Zuckerman is the Principal Officer of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits.


Official website here: www.teamster.org

What is the revenue of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits?

Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits's revenue in 2022 was $53,151,680.


Official website here: www.teamster.org

Who are the executives of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits and what are their salaries?


Here are 9 key members and their salaries:


William Hamilton (Trustee)
  • Compensation: $0
  • Related: $162,977
  • Other: $49,591
Sean O'Brien (Chairman)
  • Compensation: $0
  • Related: $314,998
  • Other: $79,318
Fred E Zuckerman (Trustee)
  • Compensation: $0
  • Related: $260,088
  • Other: $59,773
Charles A Jones (Trustee)
  • Compensation: $0
  • Related: $129,088
  • Other: $43,414
Lindsay Dougherty (Trustee)
  • Compensation: $0
  • Related: $31,008
  • Other: $22,900
Ken Hall P (Trustee)
  • Compensation: $0
  • Related: $57,855
  • Other: $15,735
John F Murphy P (Chairman)
  • Compensation: $0
  • Related: $50,083
  • Other: $13,634
Denis Taylor P (Trustee)
  • Compensation: $0
  • Related: $38,990
  • Other: $12,064
Thomas Conelias P (Trustee)
  • Compensation: $0
  • Related: $82,096
  • Other: $12,232


Official website here: www.teamster.org

Where can I find the form 990 for Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits?

Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamster.org

Learn more at the official website: www.teamster.org

Mission Statement of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits

Trustees of International Brotherhood Teamsters Voluntary Employee Benefits, a nonprofit organization, serves as a vital hub for coordinating and financing various health insurance, welfare, and educational programs for the members of the International Brotherhood of Teamsters and their families. The mission of this organization is multifaceted, aimed at improving the wellbeing and quality of life for those affiliated with the International Brotherhood of Teamsters.

By acting as a centralized entity, Trustees of International Brotherhood Teamsters Voluntary Employee Benefits pools resources to create and sustain numerous programs that cater to the diverse needs of its beneficiaries. These initiatives span the realm of health insurance and welfare, ensuring that members and their families have access to essential services and support. The organization's commitment to education further underscores its mission to enhance the lives of its beneficiaries, providing opportunities for personal and professional growth.

Through the collective efforts of the Trustees, International Brotherhood of Teamsters members and their families can access a wide range of benefits tailored to their unique circumstances. These programs not only address immediate needs, such as healthcare coverage, but also focus on long-term wellbeing, including educational opportunities that empower individuals to build a stronger future. In essence, Trustees of International Brotherhood Teamsters Voluntary Employee Benefits functions as a crucial lifeline, strengthening the fabric of the International Brotherhood of Teamsters community by prioritizing the health, welfare, and educational pursuits of its members.

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Impact




October, 2024

Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits plays a crucial role in coordinating and funding various health and welfare programs for members of the International Brotherhood of Teamsters and their families. By serving as a centralized vehicle for these initiatives, it enhances access to vital health insurance, welfare services, and educational programs. This impact is significant as it ensures that members receive comprehensive support, ultimately contributing to their well-being and quality of life. The organization fosters a sense of community and mutual benefit, addressing the specific needs of Teamsters and enabling them to navigate health-related challenges more effectively. By prioritizing the welfare of its members, it helps create a supportive network that strengthens the overall resilience of the union community.




This information is meant to be a general summary of Trustees Of International Brotherhood Teamsters Voluntary Employee Benefits. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$53,151,680 (2022)
Expenses
$51,318,086 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,074
  • Program Service Revenue: $53,117,273
  • Gross Receipts: $53,154,381

Assets and Liabilities:

  • Total Assets: $25,472,315
  • Total Liabilities: $1,432,716
  • Net Assets: $24,039,599

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Programs

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

PARTICIPANT CONTRIBUTION

Revenue

$22,985,357

PRESCRIPTION DRUG REBATES

Revenue

$10,620,970

MEDICARE REINSURANCE REVENUE

Revenue

$10,140,091

COVERAGE GAP DISCOUNT PROGRAM

Revenue

$7,406,772

FEES FOR SUPPORT SERVICES

Revenue

$1,964,083

Organization Details

Founding Year

2002

Principal Officer

Fred Zuckerman

Main Address

25 LOUISIANA AVENUE NW, WASHINGTON, DC, 20001

NTEE Category

Code: Y43 - Mutual benefit

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