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International Brotherhood Of Teamsters Supplemental Benefits Trust

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

EIN: 200412571 ✦ Washington, DC ✦ Designated as a 501(c)(5)

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Overview

What is International Brotherhood Of Teamsters Supplemental Benefits Trust?

International Brotherhood of Teamsters Supplemental Benefits Trust is a nonprofit organization situated in Washington D.C. Its primary function is to facilitate the coordination and funding of various insurance and additional programs designed for members of the International Brotherhood of Teamsters and their families. These programs are provided by third-party vendors. The trust serves as a central hub, ensuring the smooth operation and accessibility of these benefits for the intended recipients.


Official website here: www.teamster.org

Is International Brotherhood Of Teamsters Supplemental Benefits Trust legitimate?

International Brotherhood Of Teamsters Supplemental Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(5) entity. International Brotherhood Of Teamsters Supplemental Benefits Trust 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: $0

For more financial information, click here


Official website here: www.teamster.org

What is the mission statement of International Brotherhood Of Teamsters Supplemental Benefits Trust?

The International Brotherhood of Teamsters Supplemental Benefits Trust serves as a facilitator, coordinating various insurance and other programs designed for the members of the International Brotherhood of Teamsters and their families. Its mission is centered around funding and managing these programs offered by third-party vendors, aiming to enhance the benefits and support available to the members of this labor union. The trust plays a crucial role in coordinating credit card, insurance, and other programs, thereby providing an extensive range of benefits to its affiliated individuals.


Official website here: www.teamster.org

Who is the CEO of International Brotherhood Of Teamsters Supplemental Benefits Trust?

Fred E Zuckerman is the Trustee of International Brotherhood Of Teamsters Supplemental Benefits Trust.


Official website here: www.teamster.org

What is the revenue of International Brotherhood Of Teamsters Supplemental Benefits Trust?

International Brotherhood Of Teamsters Supplemental Benefits Trust's revenue in 2022 was $2,660,472.


Official website here: www.teamster.org

Who are the executives of International Brotherhood Of Teamsters Supplemental Benefits Trust and what are their salaries?


Here are 9 key members and their salaries:


William Hamilton (Trustee)
  • Compensation: $0
  • Related: $162,977
  • Other: $49,591
Sean O'Brien (Trustee)
  • Compensation: $0
  • Related: $314,998
  • Other: $79,318
Fred E Zuckerman (Trustee)
  • Compensation: $0
  • Related: $260,088
  • Other: $59,773
Charles A Jones (Trustee)
  • Compensation: $0
  • Related: $129,088
  • Other: $43,414
Lindsay Dougherty (Trustee)
  • Compensation: $0
  • Related: $31,008
  • Other: $22,900
Ken Hall P (Chairman)
  • Compensation: $0
  • Related: $57,855
  • Other: $15,735
John F Murphy P (Trustee)
  • Compensation: $0
  • Related: $50,083
  • Other: $13,634
Denis Taylor P (Trustee)
  • Compensation: $0
  • Related: $38,990
  • Other: $12,064
Thomas Conelias P (Trustee)
  • Compensation: $0
  • Related: $82,096
  • Other: $12,232


Official website here: www.teamster.org

Where can I find the form 990 for International Brotherhood Of Teamsters Supplemental Benefits Trust?

International Brotherhood Of Teamsters Supplemental Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamster.org

Learn more at the official website: www.teamster.org

Mission Statement of International Brotherhood Of Teamsters Supplemental Benefits Trust

The International Brotherhood of Teamsters Supplemental Benefits Trust serves as a facilitator, coordinating various insurance and program offerings designed for members of the International Brotherhood of Teamsters and their families. This organization acts as a liaison between the Teamsters and third-party vendors, ensuring the availability of credit card programs, insurance plans, and other beneficial offerings. By overseeing these initiatives, the International Brotherhood of Teamsters Supplemental Benefits Trust aims to enhance the well-being and security of its affiliated members and their families.

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Impact




October, 2024

The International Brotherhood of Teamsters Supplemental Benefits Trust significantly enhances the financial security and well-being of its members by coordinating and funding various insurance and other beneficial programs. By acting as a central hub, it streamlines access to essential services such as credit cards and insurance offered by third-party vendors, ensuring that members of the International Brotherhood of Teamsters and their families get the best possible coverage and support.

This organization focuses on providing valuable resources that not only safeguard members against unforeseen circumstances but also contribute to their overall quality of life. The accessible benefits can help alleviate financial stress related to health care costs, insurance premiums, and other significant expenses, ultimately fostering a sense of stability and community among Teamsters members.

In addition to improving individual members' circumstances, the Trust also strengthens the collective bargaining power of the Teamsters Union by enhancing the overall attractiveness of union membership. This integration of supplemental benefits plays a crucial role in recruiting and retaining members, thereby reinforcing the solidarity and strength of the union as a whole.




This information is meant to be a general summary of International Brotherhood Of Teamsters Supplemental Benefits Trust. 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
$2,660,472 (2022)
Expenses
$3,124,517 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $780,504
  • Program Service Revenue: $1,879,968
  • Gross Receipts: $6,242,330

Assets and Liabilities:

  • Total Assets: $24,627,279
  • Total Liabilities: $191,500
  • Net Assets: $24,435,779

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Programs

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

ROYALTY REVENUE

Revenue

$1,879,968

Organization Details

Founding Year

2003

Principal Officer

Fred E Zuckerman

Main Address

25 LOUISIANA AVENUE NW, WASHINGTON, DC, 20001

NTEE Category

Code: J400 - Employment

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