Overview
What is New York State Teamsters Council Health & Hospital Fund?
The New York State Teamsters Council Health & Hospital Fund is a nonprofit organization based in Syracuse, New York, located at 151 Northern Concourse, ZIP code 13221. With a workforce of 42 employees, the organization offers health and welfare benefits to eligible active participants, including their spouses and dependents. The comprehensive coverage includes hospital, medical, surgical, dental, vision, legal, disability, prescription drug coverage, and death benefits for members of Teamster locals in the New York State Teamsters Council.
Official website here: www.nytfund.org
What are the reviews and ratings of this charity?
The New York State Teamsters Council Health & Hospital Fund is not currently rated by Charity Navigator. This absence of a rating is because the organization is not a 501(c)(3) IRS registered nonprofit, which makes it ineligible for assessment through Charity Navigator’s methodologies. It is important to note that the lack of evaluation does not equate to a positive or negative judgment of the nonprofit’s activities or effectiveness.
Being an independent organization, it falls outside the criteria for Charity Navigator's Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability beacons, which are typically applicable to 501(c)(3) entities. Without a 501(c)(3) status, the Fund is exempt from filing a Form 990, a common form used to assess financial transparency and accountability in the nonprofit sector.
There are no available user reviews from GreatNonprofits for the New York State Teamsters Council Health & Hospital Fund. Hence, there is limited public feedback to ascertain the nonprofit's community reception or specific impacts. For potential donors or stakeholders, direct inquiries to the organization can yield more insight into their operations and contributions.
This AI summary has been generated from information found on Charity Navigator.
Is New York State Teamsters Council Health & Hospital Fund legitimate?
New York State Teamsters Council Health & Hospital Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. New York State Teamsters Council Health & Hospital 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: $1,227,066
For more financial information, click here
Official website here: www.nytfund.org
What is the mission statement of New York State Teamsters Council Health & Hospital Fund?
The New York State Teamsters Council Health & Hospital Fund offers health and welfare benefits to eligible active participants, extending coverage to their spouses and dependents. The plan prioritizes providing essential medical, surgical, dental, vision, legal, disability, prescription drug coverage, and death benefits to members of Teamster locals in New York State. The primary goal is to ensure these individuals have access to comprehensive healthcare services, safeguarding their wellbeing and that of their families.
Official website here: www.nytfund.org
Who is the CEO of New York State Teamsters Council Health & Hospital Fund?
Kenneth R Stilwell is the Employer Trustee Co-Chairm of New York State Teamsters Council Health & Hospital Fund.
Official website here: www.nytfund.org
What is the revenue of New York State Teamsters Council Health & Hospital Fund?
New York State Teamsters Council Health & Hospital Fund's revenue in 2022 was $247,434,949.
Official website here: www.nytfund.org
Who are the executives of New York State Teamsters Council Health & Hospital Fund and what are their salaries?
The average compensation at New York State Teamsters Council Health & Hospital Fund during 2022 was $29,216. There are 42 employees at New York State Teamsters Council Health & Hospital Fund.
Here are 9 key members and their salaries:
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- Compensation: $108,049
- Related: $115,563
- Other: $61,933
Official website here: www.nytfund.org
Where can I find the form 990 for New York State Teamsters Council Health & Hospital Fund?
New York State Teamsters Council Health & Hospital Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nytfund.org
Learn more at the official website: www.nytfund.org
Mission Statement of New York State Teamsters Council Health & Hospital Fund
New York State Teamsters Council Health & Hospital Fund is a nonprofit organization that extends health and welfare benefits to eligible active participants and their families. The mission of this fund is geared towards ensuring the well-being of Teamster local members, providing them with extensive coverage that includes hospital, medical, surgical, dental, vision, legal, disability, prescription drug coverage, and death benefits. In simple terms, this fund serves to enhance the quality of life for Teamster locals in New York State by offering them comprehensive health and welfare services.
The New York State Teamsters Council Health & Hospital Fund is committed to improving the overall health and well-being of its members. It achieves this objective by offering a vast range of benefits designed to cater to the diverse healthcare needs of participating members and their dependents. By doing so, the fund enables its members to access essential healthcare services, promoting better health outcomes and improved overall well-being.
Moreover, the fund's extensive coverage extends to various aspects of health and personal needs. It provides dental and vision care, ensuring members receive optimal oral health and clear vision. Legal coverage is also included to help members navigate the complexities of the legal system, while disability coverage provides financial support during periods of incapacitation. In addition, the fund offers prescription drug coverage to ensure members have access to essential medications, and provides death benefits as an added layer of financial security for their loved ones.
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Impact
October, 2024
The New York State Teamsters Council Health & Hospital Fund provides essential health and welfare benefits to eligible active participants, their spouses, and dependents. Its comprehensive offerings include hospital, medical, surgical, dental, vision, legal, disability, and prescription drug coverage, along with death benefits. By supporting the health and well-being of Teamster members across New York State, the Fund significantly enhances access to necessary medical services and financial stability in times of need. This impact underscores the importance of collective bargaining in securing vital benefits for working families and promoting overall community health. Located in Syracuse, NY, the Fund aims to ensure that members and their families can access quality healthcare and support systems crucial for their livelihoods.
This information is meant to be a general summary of New York State Teamsters Council Health & Hospital 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: $34,110,293
- Program Service Revenue: $212,259,081
- Gross Receipts: $1,117,615,664
Assets and Liabilities:
- Total Assets: $744,063,100
- Total Liabilities: $98,997,638
- Net Assets: $645,065,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$211,500,981
COBRA & RETIREE CONTRIBUTIONS
Revenue
$758,100
Organization Details
Founding Year
1952
Phone
(315) 455-9790Principal Officer
Kenneth R Stilwell
Main Address
151 NORTHERN CONCOURSE, SYRACUSE, NY, 13221
Website
www.nytfund.orgNTEE Category
Code: Y43 - Mutual benefit
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