Local 400 Food Terminal Employees' Welfare Fund

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

EIN: 346538250 ✦ Cleveland, OH ✦ Designated as a 501(c)(9)

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Overview

What is Local 400 Food Terminal Employees' Welfare Fund?

The Local 400 Food Terminal Employees' Welfare Fund is a nonprofit organization situated in Cleveland, Ohio. Its primary mission is to offer health and welfare benefits to its members, tailoring programs to cater specifically to self-pay participants. Through these programs, the fund aims to enhance the well-being of its members, providing them with essential support.

Is Local 400 Food Terminal Employees' Welfare Fund legitimate?

Local 400 Food Terminal Employees' Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Local 400 Food Terminal Employees' 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: $53,329

For more financial information, click here

What is the mission statement of Local 400 Food Terminal Employees' Welfare Fund?

The Local 400 Food Terminal Employees' Welfare Fund's mission is centered around providing health and welfare benefits to its members. They accomplish this by developing tailored programs designed for self-pay participants. The organization's primary objective is to ensure the well-being of its members, offering them necessary benefits in an effective manner. By doing so, they contribute to enhancing the overall quality of life for those associated with the fund. The Local 400 Food Terminal Employees' Welfare Fund operates in a specific location, but the focus remains on delivering essential benefits to its members.

Who is the CEO of Local 400 Food Terminal Employees' Welfare Fund?

Charles Cimino Jr is the Chairman of Local 400 Food Terminal Employees' Welfare Fund.

What is the revenue of Local 400 Food Terminal Employees' Welfare Fund?

Local 400 Food Terminal Employees' Welfare Fund's revenue in 2022 was $3,081,367.

Who are the executives of Local 400 Food Terminal Employees' Welfare Fund and what are their salaries?


Here are 2 key members and their salaries:


Charles A Cimino Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Gold (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Local 400 Food Terminal Employees' Welfare Fund?

Local 400 Food Terminal Employees' Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Local 400 Food Terminal Employees' Welfare Fund

The Local 400 Food Terminal Employees' Welfare Fund is committed to providing health and welfare benefits to its members. This nonprofit organization offers specialized programs tailored for self-pay participants, ensuring that its members in Cleveland, OH, have access to these essential benefits. The Local 400 Food Terminal Employees' Welfare Fund operates with the goal of improving the wellbeing of its members, providing them with the necessary support they need to maintain their health and overall quality of life.

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Impact




October, 2024

The Local 400 Food Terminal Employees' Welfare Fund significantly improves the quality of life for its members by offering essential health and welfare benefits. Designed specifically for self-pay participants in Cleveland, OH, the fund ensures that individuals have access to crucial healthcare services, which can often be a barrier for many.

By providing these benefits, the fund plays a vital role in promoting the overall well-being and financial stability of its members. Access to health care not only aids in mitigating unexpected medical expenses but also fosters a stronger, healthier workforce. This directly impacts job performance and satisfaction, as members can focus on their roles without the stress of health-related financial burdens.

Through its dedicated programs, the fund enhances the community's health outcomes, ultimately uplifting the quality of life for those it serves.




This information is meant to be a general summary of Local 400 Food Terminal Employees' 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
$3,081,367 (2022)
Expenses
$2,257,648 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,800
  • Program Service Revenue: $3,048,567
  • Gross Receipts: $4,084,736

Assets and Liabilities:

  • Total Assets: $3,528,547
  • Total Liabilities: $1,126,595
  • Net Assets: $2,401,952

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,890,393

PARTICIPANT CONTRIBUTIONS

Revenue

$158,174

Organization Details

Founding Year

1952

Principal Officer

Charles Cimino Jr

Main Address

707 BROOKPARK ROAD, CLEVELAND, OH, 44109

NTEE Category

Code: Y40 - Mutual benefit

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