Overview
What is Local 191 Health Service And Insurance Plan?
Local 191 Health Service and Insurance Plan is a nonprofit organization based in Bridgeport, Connecticut, with a US address at 1139 Fairfield Avenue, 06605. The organization provides medical and life insurance benefits to approximately 2,330 members and their dependents. Their mission is to offer self-insured health benefits to members covered under a collective bargaining agreement negotiated by Teamsters Local 191 Union. With a small team of three employees, the plan aims to secure the health and wellbeing of its members by administering various insurance benefits.
Is Local 191 Health Service And Insurance Plan legitimate?
Local 191 Health Service And Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 191 Health Service And Insurance Plan 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: $10,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,373
For more financial information, click here
What is the mission statement of Local 191 Health Service And Insurance Plan?
The Local 191 Health Service and Insurance Plan serves as a self-insured health benefit provider for its approximately 2,330 members, all of whom are covered under a collective bargaining agreement negotiated by the Teamsters Local 191 Union. The mission of this organization is to ensure the provision of self-insured medical and insurance benefits, specifically death and life insurance, for its member base. By doing so, the Local 191 Health Service and Insurance Plan prioritizes the health and well-being of its members, offering them peace of mind and financial security in their times of need.
Who is the CEO of Local 191 Health Service And Insurance Plan?
Robert Digirolamo is the (Former) Employer Trustee of Local 191 Health Service And Insurance Plan.
What is the revenue of Local 191 Health Service And Insurance Plan?
Local 191 Health Service And Insurance Plan's revenue in 2022 was $33,010,107.
Who are the executives of Local 191 Health Service And Insurance Plan and what are their salaries?
The average compensation at Local 191 Health Service And Insurance Plan during 2022 was $91,624. There are 3 employees at Local 191 Health Service And Insurance Plan.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $2,667
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $134,947
- Other: $58,574
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Local 191 Health Service And Insurance Plan?
Local 191 Health Service And Insurance Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Local 191 Health Service And Insurance Plan
Local 191 Health Service and Insurance Plan is a self-insured health benefit plan that provides comprehensive coverage to its 2,330 members and their dependents. Established under a collective bargaining agreement negotiated by the Teamsters Local 191 Union, this organization is dedicated to ensuring the health and well-being of its members. In simple terms, Local 191 Health Service and Insurance Plan offers insured and self-insured medical and insurance benefits to its union members.
The mission of Local 191 Health Service and Insurance Plan is to deliver quality health benefits to its members. By pooling resources and risks, this organization is able to offer its members a wide range of medical and insurance benefits that they might not be able to access otherwise. These benefits include medical coverage for various health conditions, as well as death and life insurance for added peace of mind. The organization's commitment to its members is evident in its provision of essential health services, allowing them to focus on their well-being and personal growth.
Local 191 Health Service and Insurance Plan takes pride in its role as a trusted partner to its members. By offering self-insured benefits, the organization is able to maintain greater control over the design and delivery of its health plans, ensuring that they meet the unique needs of its members. With a focus on providing accessible and affordable healthcare, Local 191 Health Service and Insurance Plan continues to make a positive impact on the lives of its members and their families.
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Impact
August, 2024
Local 191 Health Service And Insurance Plan's impact is significant in providing insured and self-insured medical, death, and life insurance benefits to 2,330 members as well as their dependents. This organization plays a crucial role in ensuring access to healthcare services for its members covered under a collective bargaining agreement negotiated by the Teamsters Local 191 Union. By offering these essential benefits, Local 191 Health Service And Insurance Plan contributes to the well-being and financial security of its members and their families in Bridgeport, CT.
This information is meant to be a general summary of Local 191 Health Service And Insurance Plan. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,864,717
- Program Service Revenue: $27,131,848
- Gross Receipts: $39,770,801
Assets and Liabilities:
- Total Assets: $103,408,150
- Total Liabilities: $3,416,379
- Net Assets: $99,991,771
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$26,715,702
SPECIAL RETIREE CONTRIBUTION
Revenue
$273,645
COBRA CONTRIBUTIONS
Revenue
$70,593
AFFILIATED RENTAL INCOME
Revenue
$53,483
PAYROLL AUDIT CONTRIBUTIONS
Revenue
$18,425
Organization Details
Founding Year
1954
Phone
(203) 366-5849Principal Officer
Robert Digirolamo
Main Address
1139 FAIRFIELD AVENUE, BRIDGEPORT, CT, 06605
NTEE Category
Code: Y40 - Mutual benefit
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