Welfare Fund Of Teamsters Local 422

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

EIN: 346528831 ✦ Cleveland, OH ✦ Designated as a 501(c)(9)

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Overview

What is Welfare Fund Of Teamsters Local 422?

Welfare Fund of Teamsters Local 422 is a nonprofit organization located in Cleveland, Ohio. Its primary objective is to extend hospital, medical, surgical, dental, life, and prescription drug benefits to approximately 152 eligible participants and beneficiaries. This organization, with a strong commitment to healthcare, aims to improve the well-being of its members by providing essential healthcare services.

Is Welfare Fund Of Teamsters Local 422 legitimate?

Welfare Fund Of Teamsters Local 422 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Welfare Fund Of Teamsters Local 422 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 Welfare Fund Of Teamsters Local 422?

The Welfare Fund of Teamsters Local 422 is committed to providing essential healthcare benefits to approximately 152 eligible participants and beneficiaries. This includes hospital, medical, surgical, dental, life, and prescription drug coverage. The fund's mission is to ensure these benefits are accessible, aiming to enhance the health and well-being of those it serves. It operates with the goal of providing a safety net for its members, offering them necessary medical care and support during times of need.

Who is the CEO of Welfare Fund Of Teamsters Local 422?

Anthony Sara is the Trustee of Welfare Fund Of Teamsters Local 422.

What is the revenue of Welfare Fund Of Teamsters Local 422?

Welfare Fund Of Teamsters Local 422's revenue in 2022 was $1,068,961.

Who are the executives of Welfare Fund Of Teamsters Local 422 and what are their salaries?


Here are 2 key members and their salaries:


Abigail Greenfield (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Sara (Chairman/Tru)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Welfare Fund Of Teamsters Local 422?

Welfare Fund Of Teamsters Local 422's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Welfare Fund Of Teamsters Local 422

Welfare Fund of Teamsters Local 422 is committed to providing essential hospital, medical, surgical, dental, life, and prescription drug benefits to approximately 152 eligible participants and beneficiaries. This nonprofit organization's mission is centered around ensuring the well-being of its beneficiaries by offering a comprehensive range of healthcare services. By providing these benefits, Welfare Fund of Teamsters Local 422 demonstrates its dedication to improving the health and quality of life for the individuals it serves. The organization's activities are focused on delivering these vital benefits to its members, thereby contributing to their overall health and well-being.

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Impact




October, 2024

The Welfare Fund of Teamsters Local 422 significantly impacts the health and well-being of approximately 152 eligible participants and beneficiaries by providing essential hospital, medical, surgical, dental, life, and prescription drug benefits. This support ensures that individuals and their families have access to crucial healthcare services, which can improve overall quality of life and financial stability. By alleviating the burden of medical costs, the fund plays a vital role in contributing to a healthier workforce and community in Cleveland, Ohio, fostering a sense of security and mutual aid among its members.




This information is meant to be a general summary of Welfare Fund Of Teamsters Local 422. 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
$1,068,961 (2022)
Expenses
$1,063,005 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,465
  • Program Service Revenue: $1,058,496
  • Gross Receipts: $1,068,961

Assets and Liabilities:

  • Total Assets: $1,130,194
  • Total Liabilities: $13,277
  • Net Assets: $1,116,917

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$928,632

PAPRTICIPANT CONTRIBUTIONS

Revenue

$129,864

Organization Details

Founding Year

1952

Principal Officer

Anthony Sara

Main Address

707 BROOKPARK ROAD, CLEVELAND, OH, 44109

NTEE Category

Code: Y40 - Mutual benefit

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