United Transportation Union Insurance Association

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

EIN: 237131460 ✦ Independence, OH ✦ Designated as a 501(c)(8)

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Overview

What is United Transportation Union Insurance Association?

The United Transportation Union Insurance Association, based in Independence, Ohio, is a fraternal benefit society with a team of 20 employees. Their primary mission is to offer life, accidental death and disability, and annuity policies to members of the United Transportation Union Insurance Association and workers within the transportation industry. As a nonprofit organization, they provide essential insurance products and additional fraternal benefits to their member base.


Official website here: www.utuia.org

What are the reviews and ratings of this charity?

Charity Navigator does not currently rate the United Transportation Union Insurance Association due to its lack of 501(c)(3) status. This absence of evaluation neither implies positive nor negative aspects about the organization, as Charity Navigator primarily assesses nonprofits under the 501(c)(3) status. Without this classification and the necessary financial documentation, the organization remains unrated.

The lack of a Charity Navigator rating indicates no assessment in areas such as Accountability & Finance, Impact & Measurement, or Leadership & Adaptability. Additionally, the organization's independent status signifies that it is not part of a larger group of related organizations. However, without the proper tax status, meticulous scrutiny into financial transparency and organizational efficacy is limited.

There are no user reviews for the United Transportation Union Insurance Association on GreatNonprofits, so public sentiment or personal experiences with the organization cannot be gauged from this source. This lack of information suggests that potential donors or stakeholders would need to seek alternate ways to evaluate the organization’s impact and operations.


This AI summary has been generated from information found on Charity Navigator.

Is United Transportation Union Insurance Association legitimate?

United Transportation Union Insurance Association is a legitimate nonprofit organization registered as a 501(c)(8) entity. United Transportation Union Insurance Association 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: $782,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.utuia.org

What is the mission statement of United Transportation Union Insurance Association?

The United Transportation Union Insurance Association functions as a fraternal benefit society, focusing on providing insurance solutions to its members and workers within the transportation industry. Their mission encompasses offering life, accidental death and disability, and annuity policies to the association's members and transportation workers. By doing so, they aim to provide financial security and peace of mind for those in their care. Their commitment extends beyond traditional insurance products, as they also offer various fraternal benefits to enhance their members' lives. The organization's goal is to ensure that its members have access to essential coverage, enabling them to face life's challenges with confidence.


Official website here: www.utuia.org

Who is the CEO of United Transportation Union Insurance Association?

Jeffery A Becker is the Principal Officer of United Transportation Union Insurance Association.


Official website here: www.utuia.org

What is the revenue of United Transportation Union Insurance Association?

United Transportation Union Insurance Association's revenue in 2022 was $17,683,785.


Official website here: www.utuia.org

Who are the executives of United Transportation Union Insurance Association and what are their salaries?

The average compensation at United Transportation Union Insurance Association during 2022 was $39,108. There are 20 employees and 9 volunteers at United Transportation Union Insurance Association.


Here are 12 key members and their salaries:


Kenneth Laugel (President)
  • Compensation: $288,253
  • Related: $0
  • Other: $34,590
Jeffery Becker (Secretary/Treasurer)
  • Compensation: $204,080
  • Related: $0
  • Other: $24,490
Ronald Steiger (It Director)
  • Compensation: $139,047
  • Related: $0
  • Other: $16,686
David Liddle (Regional Insurance Manager)
  • Compensation: $138,817
  • Related: $0
  • Other: $10,975
Richard Kusnic (Director)
  • Compensation: $53,500
  • Related: $0
  • Other: $0
Nicholas Dicicco Jr (Director)
  • Compensation: $48,000
  • Related: $0
  • Other: $0
Stephen J Vamos Iii (Director)
  • Compensation: $47,000
  • Related: $0
  • Other: $0
Patrick Sullivan (Director)
  • Compensation: $40,000
  • Related: $0
  • Other: $0
Doyle Turner (Director)
  • Compensation: $30,000
  • Related: $0
  • Other: $0
Troy Johnson (Director)
  • Compensation: $12,240
  • Related: $0
  • Other: $0
Jeremy Ferguson (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Hynes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.utuia.org

Where can I find the form 990 for United Transportation Union Insurance Association?

United Transportation Union Insurance Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.utuia.org

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

Mission Statement of United Transportation Union Insurance Association

United Transportation Union Insurance Association, a fraternal benefit society, is dedicated to serving its members with a range of insurance products and additional fraternal benefits. The organization's primary focus is on providing life, accidental death and disability, and annuity policies to the members of the United Transportation Union Insurance Association and workers within the transportation industries.

Through its mission, United Transportation Union Insurance Association aims to offer essential financial protection to its members during challenging times. By providing these types of insurance policies, the organization enables its members to plan for their future and mitigate potential risks. Moreover, the association extends its services to workers in the transportation sector, ensuring that they too have access to valuable insurance solutions tailored to their needs.

The United Transportation Union Insurance Association's commitment to its members goes beyond insurance policies. As a fraternal benefit society, the organization fosters a sense of community and connection among its members. The association's mission is to be more than just an insurer; it aspires to be a supportive and caring organization that helps its members navigate life's ups and downs.

The United Transportation Union Insurance Association's efforts in the insurance sector demonstrate its dedication to the wellbeing and financial security of its members. The organization's comprehensive range of insurance policies provides peace of mind and allows members to focus on their personal and professional lives with confidence.

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Impact




October, 2024

The United Transportation Union Insurance Association provides essential insurance products and fraternal benefits, significantly impacting the lives of its members in the transportation industry. By offering life, accidental death and disability, and annuity products, the organization ensures financial security and peace of mind for those who dedicate their careers to transportation. This support helps members navigate uncertainties and challenges, fostering a sense of community and mutual assistance within the industry. Additionally, the association plays a vital role in enhancing the overall welfare of its members, contributing to their financial stability and well-being.




This information is meant to be a general summary of United Transportation Union Insurance Association. 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
$17,683,785 (2022)
Expenses
$16,138,515 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,887,945
  • Program Service Revenue: $8,683,154
  • Gross Receipts: $17,683,785

Assets and Liabilities:

  • Total Assets: $221,437,957
  • Total Liabilities: $154,333,197
  • Net Assets: $67,104,760

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Organization Details

Founding Year

1970

Principal Officer

Jeffery A Becker

Main Address

6060 Rockside Woods Blvd N Ste 220, Independence, OH, 44131

NTEE Category

Code: Y20 - Mutual benefit

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