Teamsters Union Local No 507 Charitable Educational And Recreational Fund

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

EIN: 341788743 ✦ Cleveland, OH ✦ Designated as a 501(c)(4)

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Overview

What is Teamsters Union Local No 507 Charitable Educational And Recreational Fund?

Teamsters Union Local No 507 Charitable Educational and Recreational Fund is a nonprofit organization situated in Cleveland, Ohio. With a team of 25 dedicated individuals, the fund's primary goal is to offer charitable, educational, and recreational benefits to its approximately 3,800 members and their families. The organization's mission is to enhance the lives of its community by providing various resources and opportunities for personal growth and enjoyment. The specifics of these benefits and programs are not detailed in the provided information, but they are intended to support and enrich the lives of the union's participants and their families.

Is Teamsters Union Local No 507 Charitable Educational And Recreational Fund legitimate?

Teamsters Union Local No 507 Charitable Educational And Recreational Fund is a legitimate nonprofit organization registered as a 501(c)(4) entity. Teamsters Union Local No 507 Charitable Educational And Recreational 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: $23,214

For more financial information, click here

What is the mission statement of Teamsters Union Local No 507 Charitable Educational And Recreational Fund?

The Teamsters Union Local No 507 Charitable Educational and Recreational Fund is dedicated to offering charitable, educational, and recreational benefits to its approximately 3,800 participants and their families. The primary aim of this fund is to enhance their well-being and quality of life through these various avenues. The fund serves as a source of support, providing resources and opportunities for personal growth and leisure activities. It is committed to fostering a sense of community and improvement among its participants.

Who is the CEO of Teamsters Union Local No 507 Charitable Educational And Recreational Fund?

Edward Weintraub is the Secretary of Teamsters Union Local No 507 Charitable Educational And Recreational Fund.

What is the revenue of Teamsters Union Local No 507 Charitable Educational And Recreational Fund?

Teamsters Union Local No 507 Charitable Educational And Recreational Fund's revenue in 2022 was $583,300.

Who are the executives of Teamsters Union Local No 507 Charitable Educational And Recreational Fund and what are their salaries?

The average compensation at Teamsters Union Local No 507 Charitable Educational And Recreational Fund during 2022 was $929. There are 25 employees at Teamsters Union Local No 507 Charitable Educational And Recreational Fund.


Here are 6 key members and their salaries:


Carl Pecoraro (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Chavez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tito Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Weintraub (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stanek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Huber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Teamsters Union Local No 507 Charitable Educational And Recreational Fund?

Teamsters Union Local No 507 Charitable Educational And Recreational Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Teamsters Union Local No 507 Charitable Educational And Recreational Fund

The Teamsters Union Local No 507 Charitable Educational and Recreational Fund is dedicated to extending charitable, educational, and recreational benefits to its approximately 3,800 participants and their families. This nonprofit organization's mission is to enhance the lives of its members and their families by offering a range of beneficial programs and services. By providing these resources, the fund aims to foster a sense of community and well-being among its participants, ensuring they have access to opportunities that enrich their lives. The Teamsters Union Local No 507 Charitable Educational and Recreational Fund plays an essential role in enhancing the quality of life for its members, demonstrating its commitment to the betterment of its community.

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Impact




October, 2024

Teamsters Union Local No 507 Charitable Educational and Recreational Fund significantly enhances the lives of approximately 3,800 participants and their families through its dedicated programs. By focusing on charitable, educational, and recreational benefits, the fund creates opportunities for its community members to thrive.

The impact of the fund is evident in various ways: it fosters a sense of belonging and camaraderie among participants, promotes lifelong learning through educational initiatives, and provides recreational activities that contribute to the overall well-being of families in Cleveland, OH. These efforts not only strengthen individual families but also enhance community ties, building a supportive network that empowers its members to lead healthier and more fulfilling lives.

Through its initiatives, the fund plays a crucial role in enriching the lives of participants, providing them with resources and opportunities that can lead to personal growth, skill development, and community engagement.




This information is meant to be a general summary of Teamsters Union Local No 507 Charitable Educational And Recreational 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
$583,300 (2022)
Expenses
$709,427 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $67
  • Program Service Revenue: $583,233
  • Gross Receipts: $583,300

Assets and Liabilities:

  • Total Assets: $569,967
  • Total Liabilities: $0
  • Net Assets: $569,967

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$583,233

Organization Details

Founding Year

1994

Principal Officer

Edward Weintraub

Main Address

5425 WARNER ROAD STE 7, CLEVELAND, OH, 44125

NTEE Category

Code: T03 - Philanthropy

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