Trucking Employees Of North Jersey Welfare Fund

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

EIN: 221461069 ✦ Union city, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Trucking Employees Of North Jersey Welfare Fund?

The Trucking Employees of North Jersey Welfare Fund is a nonprofit organization located at 707 Summit Ave, Union City, New Jersey, 07087. With a team of 22 employees, they are dedicated to providing health benefits to their eligible members. Their primary mission is to ensure the well-being of their participants by offering essential health coverage.


Official website here: www.560benefitfunds.com

Is Trucking Employees Of North Jersey Welfare Fund legitimate?

Trucking Employees Of North Jersey Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trucking Employees Of North Jersey 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: $315,994
Professional Fundraising Fees: $0
Other Salaries and Wages: $345,357

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What is the mission statement of Trucking Employees Of North Jersey Welfare Fund?

The Trucking Employees Of North Jersey Welfare Fund is dedicated to extending health benefits to eligible participants. This mission is carried out with the primary goal of ensuring that those who qualify can access essential health services. The fund's purpose is to provide a safety net for eligible individuals, offering them peace of mind and improved overall wellbeing. By granting access to health benefits, the Trucking Employees Of North Jersey Welfare Fund plays a crucial role in enhancing the quality of life for eligible participants, enabling them to focus on their personal and professional pursuits without undue worry. The fund's commitment to providing healthcare benefits is a testament to its dedication to the overall welfare of the eligible population it serves.


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Who is the CEO of Trucking Employees Of North Jersey Welfare Fund?

Robert Blumenfeld is the Union Trustee of Trucking Employees Of North Jersey Welfare Fund.


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What is the revenue of Trucking Employees Of North Jersey Welfare Fund?

Trucking Employees Of North Jersey Welfare Fund's revenue in 2022 was $16,273,614.


Official website here: www.560benefitfunds.com

Who are the executives of Trucking Employees Of North Jersey Welfare Fund and what are their salaries?

The average compensation at Trucking Employees Of North Jersey Welfare Fund during 2022 was $30,061. There are 22 employees at Trucking Employees Of North Jersey Welfare Fund.


Here are 10 key members and their salaries:


Harold Welsh (Union Trustee)
  • Compensation: $0
  • Related: $109,545
  • Other: $94,696
Michael Day (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edwin H Stier (Union Trustee)
  • Compensation: $2,122
  • Related: $0
  • Other: $0
Rick Denicola (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Dipalma (Union Trustee)
  • Compensation: $0
  • Related: $116,696
  • Other: $83,711
William Nations (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Jayme (Union Trustee Alternate)
  • Compensation: $0
  • Related: $108,958
  • Other: $77,346
Nicholas Picarello (Employer Trustee Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Blumenfeld (Fund Administrator)
  • Compensation: $247,473
  • Related: $0
  • Other: $66,399
Brian Mccloskey (Controller)
  • Compensation: $186,286
  • Related: $0
  • Other: $56,977


Official website here: www.560benefitfunds.com

Where can I find the form 990 for Trucking Employees Of North Jersey Welfare Fund?

Trucking Employees Of North Jersey Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.560benefitfunds.com

Learn more at the official website: www.560benefitfunds.com

Mission Statement of Trucking Employees Of North Jersey Welfare Fund

The Trucking Employees of North Jersey Welfare Fund is a mission-driven organization dedicated to extending health benefits to eligible participants. Established with a clear purpose, this nonprofit focuses on ensuring that individuals connected to the trucking industry have access to essential healthcare services.

In the heart of its operations, the Trucking Employees of North Jersey Welfare Fund concentrates on providing health benefits to those who qualify. It serves as a vital lifeline for countless individuals, offering them much-needed coverage and support. The nonprofit's unwavering commitment to this cause is reflected in its everyday activities, as it works tirelessly to make a difference in people's lives.

By offering health benefits to eligible participants, the Trucking Employees of North Jersey Welfare Fund stands as a beacon of hope and relief for many. Its mission goes beyond just providing coverage; it aims to create a healthier, more stable community for those connected to the trucking industry. Through its unwavering dedication and compassionate approach, this nonprofit continues to make a positive impact on the lives of countless individuals.

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Impact




August, 2024

Trucking Employees Of North Jersey Welfare Fund provides health benefits to eligible participants in Union City, NJ. The impact of this organization is direct and tangible, as it helps individuals in the trucking industry access important healthcare services. By offering these benefits, the fund contributes to the well-being and quality of life of its members, ensuring they have the necessary support to address their healthcare needs. Ultimately, Trucking Employees Of North Jersey Welfare Fund's impact can be seen in the improved health outcomes and financial security of its beneficiaries.




This information is meant to be a general summary of Trucking Employees Of North Jersey 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
$16,273,614 (2022)
Expenses
$19,874,107 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $273,160
  • Program Service Revenue: $14,857,020
  • Gross Receipts: $40,757,479

Assets and Liabilities:

  • Total Assets: $30,323,993
  • Total Liabilities: $3,093,269
  • Net Assets: $27,230,724

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$12,775,875

PARTICIPANT CONTRIBUTIONS

Revenue

$1,521,710

PARTICIPANT RX CONTRIBUTIONS

Revenue

$479,102

COBRA CONTRIBUTIONS

Revenue

$80,333

Organization Details

Founding Year

1948

Principal Officer

Robert Blumenfeld

Main Address

707 SUMMIT AVE, UNION CITY, NJ, 07087

NTEE Category

Code: Y40 - Mutual benefit

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