Teamsters Local 445 Construction Div Health & Welfare Fund

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

EIN: 146022213 ✦ Rock tavern, NY ✦ Designated as a 501(c)(9)

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Overview

What is Teamsters Local 445 Construction Div Health & Welfare Fund?

Teamsters Local 445 Construction Division's Health & Welfare Fund is a nonprofit entity based in Rock Tavern, New York, specifically at 15 Stone Castle Road. The primary mission of this organization is to provide and administer health and welfare benefits to eligible participants and their dependents, thereby fostering their overall well-being. With a small workforce of four individuals, this fund ensures that eligible members of Teamsters Local Union #445 have access to essential health and welfare benefits.


Official website here: www.teamsterslocal445.unionactive.com/

Is Teamsters Local 445 Construction Div Health & Welfare Fund legitimate?

Teamsters Local 445 Construction Div Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Local 445 Construction Div 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: $156,956

For more financial information, click here


Official website here: www.teamsterslocal445.unionactive.com/

What is the mission statement of Teamsters Local 445 Construction Div Health & Welfare Fund?

The Teamsters Local 445 Construction Div Health & Welfare Fund's primary mission is to provide and administer health and welfare benefits. This organization is committed to extending these benefits to all eligible participants and their dependents. The fund is dedicated to ensuring the well-being of its members by financially supporting their health needs. By doing so, the Teamsters Local 445 Construction Div Health & Welfare Fund plays a significant role in enhancing the overall quality of life for its beneficiaries.


Official website here: www.teamsterslocal445.unionactive.com/

Who is the CEO of Teamsters Local 445 Construction Div Health & Welfare Fund?

Daniel Maldonado is the Employer Trustee of Teamsters Local 445 Construction Div Health & Welfare Fund.


Official website here: www.teamsterslocal445.unionactive.com/

What is the revenue of Teamsters Local 445 Construction Div Health & Welfare Fund?

Teamsters Local 445 Construction Div Health & Welfare Fund's revenue in 2022 was $5,054,352.


Official website here: www.teamsterslocal445.unionactive.com/

Who are the executives of Teamsters Local 445 Construction Div Health & Welfare Fund and what are their salaries?

The average compensation at Teamsters Local 445 Construction Div Health & Welfare Fund during 2022 was $39,239. There are 4 employees at Teamsters Local 445 Construction Div Health & Welfare Fund.


Here are 4 key members and their salaries:


Ross Pepe (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Maldonado (Union Trustee)
  • Compensation: $0
  • Related: $111,308
  • Other: $38,930
Nicholas B Clemenete (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori E Polesel (Union Trustee)
  • Compensation: $0
  • Related: $99,284
  • Other: $38,930


Official website here: www.teamsterslocal445.unionactive.com/

Where can I find the form 990 for Teamsters Local 445 Construction Div Health & Welfare Fund?

Teamsters Local 445 Construction Div Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamsterslocal445.unionactive.com/

Learn more at the official website: www.teamsterslocal445.unionactive.com/

Mission Statement of Teamsters Local 445 Construction Div Health & Welfare Fund

Teamsters Local 445 Construction Div Health & Welfare Fund is committed to providing and administering health and welfare benefits for all eligible participants and their dependents. This nonprofit organization's mission is to fund and oversee a range of health and wellness benefits for the members of Teamsters Local Union #445. By offering these benefits, the fund aims to enhance the overall health and well-being of its members, providing them with peace of mind during challenging times. The fund's activities are centered around ensuring that eligible participants have access to essential healthcare services and other welfare benefits, thereby fostering a sense of security and support within the union community.

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Impact




October, 2024

Teamsters Local 445 Construction Div Health & Welfare Fund provides essential health and welfare benefits to eligible members of Teamsters Local Union #445 and their dependents. By administering these benefits, the Fund plays a crucial role in ensuring that members have access to necessary healthcare services, financial support for medical expenses, and various wellness programs. This support enhances the overall well-being of workers in the construction industry, fostering a healthier workforce and contributing to job satisfaction and productivity. The Fund's commitment to providing comprehensive health benefits is vital in addressing the diverse needs of its members, ultimately leading to improved quality of life for them and their families.




This information is meant to be a general summary of Teamsters Local 445 Construction Div 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
$5,054,352 (2022)
Expenses
$5,799,410 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $356,815
  • Program Service Revenue: $4,567,452
  • Gross Receipts: $10,183,392

Assets and Liabilities:

  • Total Assets: $5,932,653
  • Total Liabilities: $1,111,376
  • Net Assets: $4,821,277

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$4,493,846

EMPLOYEE CONTRIBUTIONS - COBRA

Revenue

$73,606

Organization Details

Founding Year

1961

Principal Officer

Daniel Maldonado

Main Address

15 STONE CASTLE ROAD, ROCK TAVERN, NY, 12575

NTEE Category

Code: Y40 - Mutual benefit

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