Overview
What is Bakery Drivers' Welfare Fund?
The Bakery Drivers' Welfare Fund is a nonprofit organization located at 4240 Steubenville Pike, Pittsburgh, PA 15205. Its primary objective is to offer medical and health-related benefits to eligible employees and retirees, who are associated with employers engaged in collective bargaining agreements. This organization came into existence following the merger of Bakery Drivers' Local Union 485 with the Automotive Chauffeurs, Parts & Garage Employees Local Union No. 926, effective February 1, 2004. The Bakery Drivers' Welfare Fund serves its purpose by providing health welfare benefits to its eligible members, contributing to their overall well-being. As of the provided data, the organization has a modest workforce of two employees.
Is Bakery Drivers' Welfare Fund legitimate?
Bakery Drivers' Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bakery Drivers' 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,479
For more financial information, click here
What is the mission statement of Bakery Drivers' Welfare Fund?
The Bakery Drivers' Welfare Fund has a mission to extend health and welfare benefits to eligible employees and retirees of companies involved in collective bargaining agreements. This organization is committed to providing medical and other health-related benefits to those individuals who are associated with employers who have entered into collective bargaining agreements, as per the merger of the Bakery Drivers' Local Union 485 with the Automotive Chauffeurs, Parts & Garage Employees Local Union No. 926, effective February 1, 2004.
Who is the CEO of Bakery Drivers' Welfare Fund?
Paul Taormina is the Chair of Bakery Drivers' Welfare Fund.
What is the revenue of Bakery Drivers' Welfare Fund?
Bakery Drivers' Welfare Fund's revenue in 2022 was $6,341,035.
Who are the executives of Bakery Drivers' Welfare Fund and what are their salaries?
The average compensation at Bakery Drivers' Welfare Fund during 2022 was $38,740. There are 2 employees at Bakery Drivers' Welfare Fund.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bakery Drivers' Welfare Fund?
Bakery Drivers' Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bakery Drivers' Welfare Fund
The Bakery Drivers' Welfare Fund is a mission-driven organization with a primary goal of providing health and welfare benefits to eligible employees and retirees. This nonprofit is specifically designed to cater to the needs of individuals who are parties to collective bargaining agreements with former members of Bakery Drivers' Local Union 485, who merged with the Automotive Chauffeurs, Parts & Garage Employees Local Union No. 926 as of February 1, 2004. The Fund's activities are focused on offering medical and other health-related benefits to its eligible beneficiaries, ensuring their overall well-being and support during their employment and retirement periods. By providing these benefits, the Bakery Drivers' Welfare Fund contributes significantly to the well-being of its beneficiaries, offering them peace of mind and security in their personal and professional lives.
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Impact
October, 2024
The Bakery Drivers' Welfare Fund plays a crucial role in enhancing the well-being of employees and retirees associated with collective bargaining agreements. By offering health and welfare benefits, it ensures that eligible individuals have access to essential medical and health-related services, fostering a healthier workforce. This support extends to both current employees and retirees, thereby promoting financial security and peace of mind during retirement.
Operating in Pittsburgh, Pennsylvania, the fund specifically caters to those connected to the former members of Bakery Drivers' Local Union 485 and those who merged with the Automotive Chauffeurs, Parts & Garage Employees Local Union No. 926. By addressing the health needs of its members, the fund contributes significantly to the overall quality of life, helping to mitigate the challenges that often come with healthcare costs. Ultimately, the Bakery Drivers' Welfare Fund strengthens the community by prioritizing the health and stability of its workforce and their families.
This information is meant to be a general summary of Bakery Drivers' 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 2022.
- Investment Income: $156,573
- Program Service Revenue: $6,184,462
- Gross Receipts: $9,538,741
Assets and Liabilities:
- Total Assets: $8,955,034
- Total Liabilities: $1,427,945
- Net Assets: $7,527,089
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$6,148,623
Participant Contributi
Revenue
$35,839
Organization Details
Founding Year
1984
Phone
(412) 921-8100Principal Officer
Paul Taormina
Main Address
4240 Steubenville Pike, Pittsburgh, PA, 15205
NTEE Category
Code: Y40 - Mutual benefit
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