Ibt Local 145 Health Services Insurance Plan

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

EIN: 060711441 ✦ Stratford, CT ✦ Designated as a 501(c)(9)

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Overview

What is Ibt Local 145 Health Services Insurance Plan?

The Ibt Local 145 Health Services Insurance Plan is a nonprofit organization, functioning as a multiemployer plan, which is collectively bargained to offer health and welfare benefits to eligible members and their dependents. Established with a mission to provide these essential benefits, the plan aims to improve the overall wellbeing of its members, ensuring they have access to necessary healthcare services.


Official website here: www.teamsters145.org

Is Ibt Local 145 Health Services Insurance Plan legitimate?

Ibt Local 145 Health Services Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibt Local 145 Health Services 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,512

For more financial information, click here


Official website here: www.teamsters145.org

What is the mission statement of Ibt Local 145 Health Services Insurance Plan?

The Ibt Local 145 Health Services Insurance Plan, in its mission, aims to offer health and welfare benefits to eligible members and their dependents, all through a collectively bargained multiemployer plan. The primary objective is to provide these essential benefits with a strong commitment to doing so. This mission is carried out by establishing a plan that is collectively agreed upon by various employers, ensuring a comprehensive and reliable source of health benefits for its members.


Official website here: www.teamsters145.org

Who is the CEO of Ibt Local 145 Health Services Insurance Plan?

Renee Bossone is the Trustee of Ibt Local 145 Health Services Insurance Plan.


Official website here: www.teamsters145.org

What is the revenue of Ibt Local 145 Health Services Insurance Plan?

Ibt Local 145 Health Services Insurance Plan's revenue in 2022 was $7,345,259.


Official website here: www.teamsters145.org

Who are the executives of Ibt Local 145 Health Services Insurance Plan and what are their salaries?

The average compensation at Ibt Local 145 Health Services Insurance Plan during 2022 was $3,892. There are 23 employees at Ibt Local 145 Health Services Insurance Plan.


Here are 4 key members and their salaries:


Italo Bonacci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Novak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Nevins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Atkinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.teamsters145.org

Where can I find the form 990 for Ibt Local 145 Health Services Insurance Plan?

Ibt Local 145 Health Services Insurance Plan's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamsters145.org

Learn more at the official website: www.teamsters145.org

Mission Statement of Ibt Local 145 Health Services Insurance Plan

The Ibt Local 145 Health Services Insurance Plan is dedicated to providing health and welfare benefits to its eligible members and their dependents. This mission is achieved through a collectively bargained multiemployer plan, which is a collaborative effort between various employers to offer comprehensive benefits to their workers and their families. The plan's objective is to ensure that its members have access to essential healthcare services, thereby promoting their overall well-being and quality of life.

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Impact




October, 2024

The Ibt Local 145 Health Services Insurance Plan provides critical health and welfare benefits to eligible members and their dependents. By operating as a collectively bargained multiemployer plan, it ensures that members receive essential support for their healthcare needs. This system enhances access to medical services, promotes health, and contributes to overall well-being within the community of Stratford, CT, where it operates. The plan not only alleviates financial pressures associated with healthcare costs but also fosters a sense of security and peace of mind for its members. Overall, its impact is significant in addressing health challenges and improving quality of life for participants.




This information is meant to be a general summary of Ibt Local 145 Health Services 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.

Revenue
$7,345,259 (2022)
Expenses
$6,229,718 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,547,899
  • Program Service Revenue: $5,791,234
  • Gross Receipts: $8,037,697

Assets and Liabilities:

  • Total Assets: $14,713,673
  • Total Liabilities: $627,791
  • Net Assets: $14,085,882

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$5,765,314

MEMBER CONTRIBUTIONS

Revenue

$25,920

Organization Details

Founding Year

1955

Principal Officer

Renee Bossone

Main Address

2505 MAIN STREET 233, STRATFORD, CT, 06615

NTEE Category

Code: Y40 - Mutual benefit

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