Overview
What is Teamsters Health Services & Insurance Plan Of Local Union 404?
Teamsters Health Services & Insurance Plan of Local Union 404 is a nonprofit organization located in Springfield, Massachusetts. With just two employees, they provide self-insured medical and life insurance benefits to 1,376 members, along with their dependents. The plan's mission is to deliver health benefits under the collective bargaining agreement negotiated by Teamsters Local 404 Union.
Is Teamsters Health Services & Insurance Plan Of Local Union 404 legitimate?
Teamsters Health Services & Insurance Plan Of Local Union 404 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Health Services & Insurance Plan Of Local Union 404 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: $14,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,028
For more financial information, click here
Mission Statement of Teamsters Health Services & Insurance Plan Of Local Union 404
Teamsters Health Services & Insurance Plan of Local Union 404 is a self-insured health benefit plan that is dedicated to providing health benefits to its members. Established under a collective bargaining agreement negotiated by the Teamsters Local 404 Union, this organization offers insured and self-insured medical, death, and life insurance benefits to over 1,300 members and their dependents.
The mission of Teamsters Health Services & Insurance Plan of Local Union 404 is to ensure the wellbeing of its members by offering comprehensive health benefits. By providing these essential services, the organization enables its members to focus on their personal and professional lives without the added stress of health concerns and related financial burdens.
Teamsters Health Services & Insurance Plan of Local Union 404 takes pride in its commitment to securing the health and peace of mind of its members. Through its self-insured health benefits, the organization supports the physical and emotional wellbeing of its community, fostering a sense of security and stability. With a focus on preventative care and comprehensive coverage, Teamsters Health Services & Insurance Plan of Local Union 404 goes above and beyond to ensure its members have access to the healthcare services they need.
Impact
This information is meant to be a general summary of Teamsters Health Services & Insurance Plan Of Local Union 404. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Teamsters Health Services & Insurance Plan Of Local Union 404's impact is in providing insured and self-insured medical, death, and life insurance benefits to 1,376 members plus their dependents. The organization plays a significant role in ensuring that members covered under a collective bargaining agreement negotiated by the Teamsters Local 404 union have access to essential health benefits. This contribution directly supports the well-being and financial security of union members and their families, fulfilling its mission to provide self-insured health benefits to its members.
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.
EMPLOYER CONTRIBUTIONS
Revenue
$15,731,118
SPECIAL RETIREE CONTRIBUTIONS
Revenue
$300,713
AFFILIATED RENTAL INCOME
Revenue
$51,107
PAYROLL AUDIT CONTRIBUTIONS
Revenue
$21,386
COBRA CONTRIBUTIONS
Revenue
$21,295
Organization Details
Founding Year
1954
Phone
(413) 733-2191
Principal Officer
Bryan Donovan
Main Address
115 PROGRESS AVENUE, SPRINGFIELD, MA, 01104
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Teamsters Health Services & Insurance Plan Of Local Union 404 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.