Local 282 Welfare Trust Fund

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

EIN: 116244552 ✦ Lake success, NY ✦ Designated as a 501(c)(9)

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Overview

What is Local 282 Welfare Trust Fund?

The Local 282 Welfare Trust Fund is a nonprofit organization based in Lake Success, New York, with a workforce of 43 employees. Their primary mission is to extend health, welfare, and various other benefits to their plan participants. By providing these essential services, the Trust Fund aims to support and enhance the well-being of those connected to the organization.


Official website here: www.teamsterslocal282.com

Is Local 282 Welfare Trust Fund legitimate?

Local 282 Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 282 Welfare Trust 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: $331,397
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,502,195

For more financial information, click here


Official website here: www.teamsterslocal282.com

What is the mission statement of Local 282 Welfare Trust Fund?

The Local 282 Welfare Trust Fund is committed to extending health, welfare, and additional benefits to participants enrolled in its plan. Its primary objective is to enhance the wellbeing and quality of life for those it serves. By providing these benefits, the Fund aims to offer a safety net of support and assistance, ensuring a more secure future for its beneficiaries. The organization's activities are centered around improving the overall health and wellness of participants, as well as addressing their welfare needs. Through its wide range of benefits, the Local 282 Welfare Trust Fund strives to create a positive impact on the lives of those it serves.


Official website here: www.teamsterslocal282.com

Who is the CEO of Local 282 Welfare Trust Fund?

Thomas Gesualdi is the In House Counsel of Local 282 Welfare Trust Fund.


Official website here: www.teamsterslocal282.com

What is the revenue of Local 282 Welfare Trust Fund?

Local 282 Welfare Trust Fund's revenue in 2022 was $84,366,474.


Official website here: www.teamsterslocal282.com

Who are the executives of Local 282 Welfare Trust Fund and what are their salaries?

The average compensation at Local 282 Welfare Trust Fund during 2022 was $65,897. There are 43 employees at Local 282 Welfare Trust Fund.


Here are 15 key members and their salaries:


Bruce Levine (In House Counsel)
  • Compensation: $291,544
  • Related: $0
  • Other: $85,324
Mario Bulding (Fund Manager)
  • Compensation: $260,773
  • Related: $0
  • Other: $103,249
Thomas Zultko (Instructor)
  • Compensation: $143,345
  • Related: $0
  • Other: $60,797
Timothy Lye (It Manager)
  • Compensation: $129,259
  • Related: $0
  • Other: $56,815
Frank Finkel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Ferrara (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Herbst (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Corbett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Bisignano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gesualdi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bourgal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael O'Toole (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darin Jeffers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert G Wessels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocco Tomassetti Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.teamsterslocal282.com

Where can I find the form 990 for Local 282 Welfare Trust Fund?

Local 282 Welfare Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamsterslocal282.com

Learn more at the official website: www.teamsterslocal282.com

Mission Statement of Local 282 Welfare Trust Fund

The Local 282 Welfare Trust Fund is a committed organization, dedicated to extending health, welfare, and additional benefits to its plan participants. In essence, it strives to ensure the wellbeing of those who are part of its program.

By providing health, welfare, and other essential benefits, the Local 282 Welfare Trust Fund sets out to enhance the quality of life for its participants. This mission statement encapsulates the organization's primary goal, which is to support and uplift the individuals it serves.

Operating under the umbrella of this mission, the Local 282 Welfare Trust Fund works tirelessly to deliver on its promises. Through the various benefits it offers, the organization aims to create a safety net for its participants, providing them with the resources they need to thrive.

In summary, the Local 282 Welfare Trust Fund is a compassionate and dedicated nonprofit, focused on the wellbeing of its plan participants. By offering health, welfare, and other vital benefits, it strives to improve the lives of those it serves and strengthen the communities it reaches.

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Impact




October, 2024

The Local 282 Welfare Trust Fund plays a significant role in enhancing the quality of life for its participants by delivering essential health and welfare benefits. By focusing on the needs of plan participants, the Fund provides access to crucial services that support physical and mental well-being. The benefits encompass a range of health-related needs, ensuring that participants have the resources to maintain their health and manage medical expenses.

Operating out of Lake Success, NY, the Trust Fund is dedicated to addressing the diverse requirements of its members, contributing to a more secure and healthier community. Through its initiatives, it fosters a sense of mutual support and benefit among participants, ultimately promoting overall welfare and stability for individuals and their families. The impact of the Local 282 Welfare Trust Fund extends beyond mere financial assistance, as it creates a framework for individuals to thrive through enhanced access to necessary health services and additional resources for their well-being.




This information is meant to be a general summary of Local 282 Welfare Trust 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.

Revenue
$103,717,191 (2022)
Expenses
$104,438,644 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $521,885
  • Program Service Revenue: $79,752,774
  • Gross Receipts: $176,997,908

Assets and Liabilities:

  • Total Assets: $170,623,482
  • Total Liabilities: $22,905,370
  • Net Assets: $147,718,112

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Programs

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

COBRA CONTRIBUTIONS

Revenue

$274,844

Employer contributions

Revenue

$79,477,930

Organization Details

Founding Year

1950

Principal Officer

Thomas Gesualdi

Main Address

2500 MARCUS AVENUE, LAKE SUCCESS, NY, 11042

NTEE Category

Code: Y40 - Mutual benefit

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