Overview
What is Minnesota Teamsters Construction Division Fringe Benefit Funds?
Minnesota Teamsters Construction Division Fringe Benefit Funds is a nonprofit organization located at 2520 Pilot Knob Road 325, Mendota Heights, MN, 55120. The primary focus of this organization is to provide essential benefits, including health care, dental, disability, life, and accidental death and dismemberment coverage, to eligible members and their dependents, as outlined in the summary plan description. With a team of approximately twenty employees, the Minnesota Teamsters Construction Division Fringe Benefit Funds aims to uphold its mission of delivering these vital benefits to its members.
Is Minnesota Teamsters Construction Division Fringe Benefit Funds legitimate?
Minnesota Teamsters Construction Division Fringe Benefit Funds is a legitimate nonprofit organization registered as a 501(c)(9) entity. Minnesota Teamsters Construction Division Fringe Benefit Funds 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.
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What is the mission statement of Minnesota Teamsters Construction Division Fringe Benefit Funds?
The Minnesota Teamsters Construction Division Fringe Benefit Funds serve the important role of offering health, dental, disability, life, and accidental death and dismemberment benefits to their eligible members. This non-profit organization is dedicated to providing these essential benefits, ensuring that those who are a part of it have access to necessary healthcare services and financial security. The benefits package includes coverage for healthcare expenses, dental care, disability protection, and life and accidental death and dismemberment insurance. Through these offerings, the organization enhances the wellbeing and peace of mind of its members.
What is the revenue of Minnesota Teamsters Construction Division Fringe Benefit Funds?
Minnesota Teamsters Construction Division Fringe Benefit Funds's revenue in 2023 was $19,298,920.
Who are the executives of Minnesota Teamsters Construction Division Fringe Benefit Funds and what are their salaries?
There are 6 employees at Minnesota Teamsters Construction Division Fringe Benefit Funds.
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Where can I find the form 990 for Minnesota Teamsters Construction Division Fringe Benefit Funds?
Minnesota Teamsters Construction Division Fringe Benefit Funds's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Minnesota Teamsters Construction Division Fringe Benefit Funds
Minnesota Teamsters Construction Division Fringe Benefit Funds is a nonprofit organization dedicated to extending essential benefits to its eligible members. With a focus on health care, dental, disability, life, and accidental death and dismemberment coverage, this fund aims to ensure the well-being of its members and their dependents.
By providing these vital benefits, Minnesota Teamsters Construction Division Fringe Benefit Funds seeks to deliver peace of mind and security to those it serves. The organization's unwavering commitment to its mission is reflected in its detailed summary plan description, which outlines the specific blessings bestowed upon its participants.
The fund prides itself on the payment of health care, dental, disability, life, and accidental death and dismemberment benefits to the qualified individuals. This comprehensive coverage speaks to the organization's dedication to fostering the overall health and well-being of its members, providing them with the necessary resources to face life's challenges. Through its tireless efforts, Minnesota Teamsters Construction Division Fringe Benefit Funds has carved out a vital role in the lives of those it serves, offering invaluable protection and assistance when it matters most.
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Impact
October, 2024
The Minnesota Teamsters Construction Division Fringe Benefit Funds significantly enhances the well-being of its members and their families by providing essential health benefits. This organization ensures that eligible participants have access to comprehensive healthcare, including medical, dental, and disability benefits, as well as life insurance and accidental death and dismemberment coverage.
By offering these critical services, the Funds help reduce the financial burdens associated with healthcare costs, enabling members to focus on their work and personal lives with greater peace of mind. This safety net not only improves individual health outcomes but also fosters a more stable workforce in the construction industry. The impact is felt not just by the members, but also by their dependents, creating a supportive environment that promotes overall community well-being.
This information is meant to be a general summary of Minnesota Teamsters Construction Division Fringe Benefit Funds. 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: $598,095
- Program Service Revenue: $18,727,417
- Gross Receipts: $23,890,812
Assets and Liabilities:
- Total Assets: $24,844,524
- Total Liabilities: $18,334
- Net Assets: $24,826,190
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$16,844,568
STOP-LOSS CONTRIBUTIONS
Revenue
$1,098,036
SELF PAY - EMPLOYEES
Revenue
$411,987
PRESCRIPTION DRUG REBATES
Revenue
$336,188
SUBROGATION RECEIPTS
Revenue
$36,638
Organization Details
Founding Year
1970
Principal Officer
Zachary Radzak
NTEE Category
Code: Y40 - Mutual benefit
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