Westchester Teamsters Health & Welfare Fund

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

EIN: 136123972 ✦ Elmsford, NY ✦ Designated as a 501(c)(9)

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Overview

What is Westchester Teamsters Health & Welfare Fund?

The Westchester Teamsters Health & Welfare Fund is a nonprofit organization located in Elmsford, New York, at 160 South Central Avenue, ZIP code 10523. Its mission is to provide essential health and welfare benefits to employees who are enrolled in the fund. These benefits include health, supplemental unemployment, dental, death, optical, and disability coverage for participants and their dependents. The organization's primary activity revolves around contributing funds to ensure the availability of these benefits for those in need.

Is Westchester Teamsters Health & Welfare Fund legitimate?

Westchester Teamsters Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Westchester Teamsters Health & Welfare 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $152,717

For more financial information, click here

What is the mission statement of Westchester Teamsters Health & Welfare Fund?

The Westchester Teamsters Health & Welfare Fund is dedicated to delivering health and welfare benefits, as well as supplemental unemployment, dental, death, optical, and disability coverage for its participants and their beneficiaries. Through employer contributions, this organization ensures that employees under its purview gain access to these essential benefits. Its primary objective is to enhance the well-being and security of those it serves.

Who is the CEO of Westchester Teamsters Health & Welfare Fund?

Louis A Picani is the Employer Trustee of Westchester Teamsters Health & Welfare Fund.

What is the revenue of Westchester Teamsters Health & Welfare Fund?

Westchester Teamsters Health & Welfare Fund's revenue in 2022 was $21,075,302.

Who are the executives of Westchester Teamsters Health & Welfare Fund and what are their salaries?


Here are 9 key members and their salaries:


Ross Pepe (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Isaacs (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis A Picani (Union Trustee)
  • Compensation: $0
  • Related: $295,887
  • Other: $85,420
Dominick Cassanelli Jr (Union Trustee)
  • Compensation: $0
  • Related: $209,998
  • Other: $74,909
Joseph Sansone (Union Trustee)
  • Compensation: $0
  • Related: $233,333
  • Other: $80,723
Roger Taranto (Union Trustee)
  • Compensation: $0
  • Related: $178,464
  • Other: $66,499
John Cooney (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simone Almeida (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Galea-Ritch (Fund Administrator)
  • Compensation: $0
  • Related: $124,284
  • Other: $31,165
Where can I find the form 990 for Westchester Teamsters Health & Welfare Fund?

Westchester Teamsters Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Westchester Teamsters Health & Welfare Fund

Westchester Teamsters Health & Welfare Fund is a nonprofit organization that prioritizes the health and well-being of its participants and their beneficiaries. The Fund's mission is to offer a range of benefits, including health and welfare, supplemental unemployment, dental, death, optical, and disability coverage.

Through employer contributions, the Fund extends essential welfare benefits to their employees who are participants in the organization. These benefits serve as a safety net, ensuring access to crucial services during times of need. The health and welfare benefits cover various aspects of well-being, from medical care to mental health support, enabling participants to maintain optimal health.

The Fund's commitment to its members goes beyond basic health care. It also provides dental benefits, ensuring access to essential dental care and promoting overall oral health. Furthermore, the Fund offers life insurance coverage in the form of death benefits, offering peace of mind and financial security to beneficiaries in the event of a tragedy. Disability benefits are also available, helping participants recover and regain their financial footing during periods of incapacity.

In summary, Westchester Teamsters Health & Welfare Fund is a compassionate organization that prioritizes the health and well-being of its participants and their beneficiaries. Through a comprehensive range of benefits, the Fund provides essential coverage for health, dental, and disability needs, as well as supplemental unemployment benefits and life insurance coverage. By extending these benefits, the Fund offers its members a greater sense of security and peace of mind, empowering them to focus on their health and well-being during challenging times.

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Impact




October, 2024

The Westchester Teamsters Health & Welfare Fund plays a crucial role in enhancing the well-being of its participants and their beneficiaries in the Elmsford, NY area. By offering a comprehensive range of benefits, including health and welfare, supplemental unemployment, dental, death, optical, and disability coverage, the fund significantly supports the financial and physical health of its members.

Employer contributions to the fund enable it to provide these essential welfare benefits, ensuring that employees have access to critical health services and financial support during challenging times. This assistance not only improves individual health outcomes but also contributes to workplace stability and morale, fostering a sense of security among participants. Overall, the Fund's impact extends beyond individual beneficiaries, benefiting families and the broader community by promoting healthier lifestyles and financial resilience.




This information is meant to be a general summary of Westchester Teamsters Health & Welfare 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
$21,075,302 (2022)
Expenses
$19,305,101 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $233,963
  • Program Service Revenue: $20,840,218
  • Gross Receipts: $21,230,893

Assets and Liabilities:

  • Total Assets: $14,610,313
  • Total Liabilities: $989,759
  • Net Assets: $13,620,554

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$20,840,218

Organization Details

Founding Year

1948

Principal Officer

Louis A Picani

Main Address

160 SOUTH CENTRAL AVENUE, ELMSFORD, NY, 10523

NTEE Category

Code: Y40 - Mutual benefit

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