Overview
What is Tri-State Joint Fund?
The Tri-State Joint Fund is a self-insured health and welfare benefits provider, headquartered at 609 WEST JOHNSON AVENUE 2nd FL, Cheshire, CT, 06410. With a small team of 11 employees, this nonprofit organization operates under a trust agreement to dispense health benefits to the Tri-State Teamsters Health Services & Insurance Plan members, including coverage for hospital stays, surgeries, prescription medications, home healthcare, and death benefits. In total, over 11,500 members and their dependents receive these benefits.
Is Tri-State Joint Fund legitimate?
Tri-State Joint Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Tri-State Joint 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $167,855
Professional Fundraising Fees: $0
Other Salaries and Wages: $670,209
For more financial information, click here
What is the mission statement of Tri-State Joint Fund?
The Tri-State Joint Fund serves as a self-insured health and welfare benefits provider for approximately 11,546 members and their dependents, all of whom are covered under collective bargaining agreements negotiated by Teamster Locals. The Fund's mission is to make benefit payments for hospital, surgical, prescription drug, home health care, and death benefits to ensure the wellbeing of its members. By operating under a trust agreement, it provides essential health coverages that contribute significantly to the overall health and financial security of the covered individuals.
Who is the CEO of Tri-State Joint Fund?
Dennis Mcguire is the Employer Co-Chairman & Tru of Tri-State Joint Fund.
What is the revenue of Tri-State Joint Fund?
Tri-State Joint Fund's revenue in 2022 was $121,802,398.
Who are the executives of Tri-State Joint Fund and what are their salaries?
The average compensation at Tri-State Joint Fund during 2022 was $76,188. There are 11 employees at Tri-State Joint Fund.
Here are 31 key members and their salaries:
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- Compensation: $145,726
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- Other: $49,644
- Compensation: $106,498
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- Other: $49,644
Where can I find the form 990 for Tri-State Joint Fund?
Tri-State Joint Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tri-State Joint Fund
The Tri-State Joint Fund, a self-insured health and welfare benefits provider, is dedicated to serving the health needs of over 11,500 members and their dependents. Covered under collective bargaining agreements negotiated by Teamster locals, these members receive comprehensive benefits that include hospital, surgical, prescription drug, home health care, and death benefits. The organization's primary mission is to make benefit payments to these members under the Tri-State Teamsters Health Services & Insurance Plan. Operating under a trust agreement, the Tri-State Joint Fund plays a crucial role in ensuring the financial security and well-being of its members, providing them with essential health coverage that supports their overall health and quality of life.
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Impact
August, 2024
Tri-State Joint Fund's impact is significant in providing self-insured health and welfare benefits to over 11,546 members and their dependents. The fund operates under a trust agreement and offers coverage for hospital, surgical, prescription drug, home health care, and death benefits to its members. By fulfilling its mission of providing these crucial benefits to members covered under collective bargaining agreements negotiated by Teamster Locals, Tri-State Joint Fund plays a vital role in supporting the well-being and healthcare needs of its members.
This information is meant to be a general summary of Tri-State Joint Fund. 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: $427,479
- Program Service Revenue: $121,373,559
- Gross Receipts: $132,850,875
Assets and Liabilities:
- Total Assets: $32,402,096
- Total Liabilities: $12,283,855
- Net Assets: $20,118,241
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS - HEALTH FUNDS
Revenue
$121,372,489
RENTAL INCOME - AFFILIATE
Revenue
$1,070
Organization Details
Founding Year
1968
Phone
(203) 250-2601Principal Officer
Dennis Mcguire
Main Address
609 WEST JOHNSON AVENUE 2ND FL, CHESHIRE, CT, 06410
NTEE Category
Code: Y40 - Mutual benefit
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