Employer Teamsters Local 205 Welfare Fund

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

EIN: 251417264 ✦ White oak, PA ✦ Designated as a 501(c)(9)

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Overview

What is Employer Teamsters Local 205 Welfare Fund?

Employer Teamsters Local 205 Welfare Fund is a nonprofit organization situated in White Oak, Pennsylvania. Its primary mission is to extend comprehensive benefits to its members, including health, dental, vision, temporary disability, and legal coverage. By providing these essential services, the organization aims to support and enhance the well-being of its members. The Welfare Fund's operations are centered around this mission, ensuring that its members have access to vital health benefits and resources.

Is Employer Teamsters Local 205 Welfare Fund legitimate?

Employer Teamsters Local 205 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employer Teamsters Local 205 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: $0

For more financial information, click here

What is the mission statement of Employer Teamsters Local 205 Welfare Fund?

The Employer Teamsters Local 205 Welfare Fund is committed to providing various benefits to its members. Its primary mission is to ensure the health and well-being of its members by offering health, dental, vision, temporary disability, and legal benefits. This organization is dedicated to enhancing the overall quality of life for its members, providing them with essential services to maintain their health and address potential legal matters. The fund aims to act as a supportive resource for its members, offering them the necessary benefits to navigate through life's challenges.

Who is the CEO of Employer Teamsters Local 205 Welfare Fund?

Carl A Bailey is the Chairman Trustee of Employer Teamsters Local 205 Welfare Fund.

What is the revenue of Employer Teamsters Local 205 Welfare Fund?

Employer Teamsters Local 205 Welfare Fund's revenue in 2022 was $4,427,488.

Who are the executives of Employer Teamsters Local 205 Welfare Fund and what are their salaries?


Here are 4 key members and their salaries:


Carl A Bailey (Chairman Trustee)
  • Compensation: $0
  • Related: $127,562
  • Other: $62,219
Edward Boehm (Trustee)
  • Compensation: $0
  • Related: $121,235
  • Other: $62,219
Dave Schneider (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Rogers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Employer Teamsters Local 205 Welfare Fund?

Employer Teamsters Local 205 Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Employer Teamsters Local 205 Welfare Fund

Employer Teamsters Local 205 Welfare Fund is dedicated to providing a range of essential benefits to its members. This nonprofit organization's mission is to ensure the well-being of its members by offering health, life, dental, vision, temporary disability, and legal benefits. By providing these benefits, Employer Teamsters Local 205 Welfare Fund aims to support its members in maintaining their overall health and financial stability. The organization's mission is to act as a safety net for its members, providing them with the necessary resources to navigate through various life challenges, promoting their overall well-being.

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Impact




October, 2024

Employer Teamsters Local 205 Welfare Fund significantly impacts its members by providing essential health, dental, vision, temporary disability, and legal benefits. By ensuring access to comprehensive healthcare services, the Fund enhances the overall well-being of its members and their families. This support not only alleviates financial burdens associated with medical expenses but also promotes a healthier workforce.

Additionally, the Fund's provision of temporary disability benefits offers vital safety nets for members facing unforeseen health challenges, allowing them to focus on recovery without the added stress of financial instability. Legal benefits further empower members by providing access to legal resources, making it easier to navigate personal and professional challenges.

Overall, the Employer Teamsters Local 205 Welfare Fund plays a crucial role in fostering a supportive community, enhancing the quality of life for its members, and contributing to their long-term stability and success in White Oak, PA.




This information is meant to be a general summary of Employer Teamsters Local 205 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
$4,427,488 (2022)
Expenses
$4,971,647 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $52,755
  • Program Service Revenue: $4,336,910
  • Gross Receipts: $4,451,817

Assets and Liabilities:

  • Total Assets: $2,347,611
  • Total Liabilities: $377,838
  • Net Assets: $1,969,773

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$4,292,335

PARTICIPANT CONTRIBUTI

Revenue

$44,575

Organization Details

Founding Year

1982

Principal Officer

Carl A Bailey

Main Address

1184 LONG RUN ROAD, WHITE OAK, PA, 15131

NTEE Category

Code: Y40 - Mutual benefit

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