Overview
What is International Brotherhood Of Tmstrs 863 Welfare Fund?
The International Brotherhood of TMSTRS 863 Welfare Fund is a Union Health Insurance Fund situated in Mountainside, New Jersey. This nonprofit organization offers a range of benefits for eligible employees and their dependents. These benefits include life insurance, accidental death and dismemberment coverage, hospital surgical and medical services, major medical coverage, protection against polio, dental services, optical care, and prescription drug coverage. The primary mission of the International Brotherhood of TMSTRS 863 Welfare Fund is to ensure the wellbeing of its members by providing essential health and insurance services.
What are the reviews and ratings of this charity?
The International Brotherhood Of Tmstrs 863 Welfare Fund is not currently rated by Charity Navigator. As a non-501(c)(3) organization, it is ineligible for a rating through their typical evaluation systems, such as Accountability & Finance and Impact & Measurement. This absence of a rating neither suggests positive nor negative aspects of the organization.
Charity Navigator specializes in assessing data for 501(c)(3) nonprofits, which explains the lack of evaluation for this organization. Despite the available IRS data indicating its independent status, without a structured rating, stakeholders might find it challenging to gauge its overall credibility and operational transparency.
There are no user reviews available for the International Brotherhood Of Tmstrs 863 Welfare Fund on GreatNonprofits, leaving a gap in qualitative assessments from those directly impacted or involved with the organization. Consequently, there is less community insight to inform potential stakeholders or donors about its impact or operations.
This AI summary has been generated from information found on Charity Navigator.
Is International Brotherhood Of Tmstrs 863 Welfare Fund legitimate?
International Brotherhood Of Tmstrs 863 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Brotherhood Of Tmstrs 863 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: $501,609
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of International Brotherhood Of Tmstrs 863 Welfare Fund?
The International Brotherhood of TMSTRS 863 Welfare Fund serves as a union health insurance provider, offering various benefits to eligible employees and their dependents. The scope of its services includes providing coverage for life, accidental death and dismemberment, hospital surgical, medical, major medical, polio, dental, optical, and prescription drug benefits. The primary goal of the Fund is to ensure the well-being of its members by addressing their diverse health needs.
Who is the CEO of International Brotherhood Of Tmstrs 863 Welfare Fund?
Alphonse Rispoli Jr is the Trustee of International Brotherhood Of Tmstrs 863 Welfare Fund.
What is the revenue of International Brotherhood Of Tmstrs 863 Welfare Fund?
International Brotherhood Of Tmstrs 863 Welfare Fund's revenue in 2023 was $45,804,990.
Who are the executives of International Brotherhood Of Tmstrs 863 Welfare Fund and what are their salaries?
The average compensation at International Brotherhood Of Tmstrs 863 Welfare Fund during 2023 was $71,658. There are 7 employees at International Brotherhood Of Tmstrs 863 Welfare Fund.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $148,122
- Other: $0
- Compensation: $0
- Related: $136,782
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $159,225
- Related: $18,460
- Other: $0
Where can I find the form 990 for International Brotherhood Of Tmstrs 863 Welfare Fund?
International Brotherhood Of Tmstrs 863 Welfare Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of International Brotherhood Of Tmstrs 863 Welfare Fund
The International Brotherhood of TMSTRS 863 Welfare Fund is a union health insurance fund that plays a vital role in providing essential benefits to eligible employees and their dependents. Established with a mission to support the workforce, this organization offers a comprehensive range of benefits designed to ensure the well-being of its members.
In more detail, the International Brotherhood of TMSTRS 863 Welfare Fund extends life, accidental death and dismemberment, hospital surgical, medical, major medical, polio, dental, optical, and prescription drug benefits to its beneficiaries. This wide range of coverage helps to alleviate the financial burden of healthcare expenses and offers peace of mind to those enrolled. By providing these benefits, the Fund demonstrates its commitment to the health and welfare of its union members.
The International Brotherhood of TMSTRS 863 Welfare Fund's mission is to safeguard the well-being of its members, ensuring they have access to essential healthcare services when they need it most. The benefits the Fund offers are not just a luxury, but a necessity, and its presence is invaluable in protecting the financial and health security of its union colleagues.
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Impact
August, 2024
The impact of the International Brotherhood of Tmstrs 863 Welfare Fund is evident in its provision of essential health insurance benefits for eligible employees and their dependents. By offering coverage for services such as life insurance, medical care, dental care, and prescription drugs, the Fund ensures that members have access to necessary healthcare resources to maintain their well-being. This support contributes to the overall welfare and security of union members, enhancing their quality of life and providing a safety net in times of need. The Fund's focus on mutual benefit underscores its commitment to supporting the health and livelihood of its constituents, demonstrating a tangible and positive impact within the community.
This information is meant to be a general summary of International Brotherhood Of Tmstrs 863 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$232,953
- Program Service Revenue: $46,037,943
- Gross Receipts: $65,410,014
Assets and Liabilities:
- Total Assets: $24,446,467
- Total Liabilities: $1,489,657
- Net Assets: $22,956,810
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS CONTRIBUTIONS
Revenue
$45,922,539
C.O.B.R.A.
Revenue
$115,277
Organization Details
Founding Year
1950
Phone
(908) 654-6990Principal Officer
Alphonse Rispoli Jr
Main Address
209 SUMMIT ROAD, MOUNTAINSIDE, NJ, 07092
NTEE Category
Code: Y40 - Mutual benefit
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