International Brotherhood Of Teamsters 710 Health & Welfare Fund

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

EIN: 362153764 ✦ Mokena, IL ✦ Designated as a 501(c)(9)

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Overview

What is International Brotherhood Of Teamsters 710 Health & Welfare Fund?

The International Brotherhood of Teamsters 710 Health & Welfare Fund is a nonprofit organization located in Mokena, Illinois, with a team of 13 employees. Their primary mission is to provide comprehensive health benefits to eligible participants and their dependents. These benefits include coverage for health, life, temporary disability, accidental death and dismemberment, prescription drugs, dental, and vision care. The fund is an integral part of the International Brotherhood of Teamsters 710, enhancing the wellbeing of its members through essential health services.

Is International Brotherhood Of Teamsters 710 Health & Welfare Fund legitimate?

International Brotherhood Of Teamsters 710 Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Brotherhood Of Teamsters 710 Health & 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: $109,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $473,499

For more financial information, click here

What is the mission statement of International Brotherhood Of Teamsters 710 Health & Welfare Fund?

The International Brotherhood of Teamsters 710 Health & Welfare Fund is dedicated to extending health benefits to eligible participants and their dependents. Through this fund, individuals can access a comprehensive range of coverage, including health, life, disability, accidental death and dismemberment, prescription drugs, dental, and vision benefits. The ultimate goal is to improve the overall wellbeing and health of those enrolled in the fund. By providing these essential benefits, the organization strives to alleviate the financial burden and worries associated with healthcare costs, ensuring peace of mind for eligible members.

Who is the CEO of International Brotherhood Of Teamsters 710 Health & Welfare Fund?

Samuel Pilger is the Secretary Treasurer/Truste of International Brotherhood Of Teamsters 710 Health & Welfare Fund.

What is the revenue of International Brotherhood Of Teamsters 710 Health & Welfare Fund?

International Brotherhood Of Teamsters 710 Health & Welfare Fund's revenue in 2023 was $49,319,829.

Who are the executives of International Brotherhood Of Teamsters 710 Health & Welfare Fund and what are their salaries?

The average compensation at International Brotherhood Of Teamsters 710 Health & Welfare Fund during 2023 was $44,876. There are 13 employees at International Brotherhood Of Teamsters 710 Health & Welfare Fund.


Here are 7 key members and their salaries:


Samuel D Pilger (Secretary Treasurer/Truste)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Caldwell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernard T Sherlock (Trustee)
  • Compensation: $0
  • Related: $134,300
  • Other: $58,648
Delmar Schaefer (Trustee)
  • Compensation: $0
  • Related: $179,269
  • Other: $58,766
Michael J Cales (Chairman/Trustee)
  • Compensation: $0
  • Related: $204,300
  • Other: $58,766
Dan Hoyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael O'Malley (Administrator)
  • Compensation: $162,500
  • Related: $0
  • Other: $57,428
Where can I find the form 990 for International Brotherhood Of Teamsters 710 Health & Welfare Fund?

International Brotherhood Of Teamsters 710 Health & Welfare Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of International Brotherhood Of Teamsters 710 Health & Welfare Fund

The International Brotherhood of Teamsters 710 Health & Welfare Fund is a mission-driven organization dedicated to providing essential health benefits to eligible members and their dependents. In simple terms, it is committed to enhancing the wellbeing of Teamsters 710 members and their families.

This non-profit fund offers a comprehensive range of health benefits designed to cater to the diverse needs of its members. It goes beyond the basics, extending coverage to include life, temporary disability, accidental death and dismemberment, prescription drugs, dental, and vision benefits. By doing so, it ensures that those it serves are well-equipped to manage their health and maintain an optimal quality of life.

The International Brotherhood of Teamsters 710 Health & Welfare Fund is an integral part of the Teamsters community, providing vital support and security to its members in their time of need. By offering these comprehensive health benefits, the fund enables its members to focus on their personal and professional pursuits with peace of mind, knowing they have access to the necessary resources for their wellbeing.

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Impact




October, 2024

The International Brotherhood of Teamsters 710 Health & Welfare Fund significantly impacts the lives of eligible participants and their dependents by providing essential health benefits. It offers a comprehensive array of services, including health, life, and temporary disability insurance, as well as accidental death and dismemberment coverage. The Fund also provides critical prescription drugs, dental, and vision benefits, ensuring that members have access to the care they need.

By addressing the health and well-being of its participants, the Fund plays a crucial role in enhancing the quality of life for many individuals and families in the Mokena, Illinois area. This support not only alleviates financial burdens associated with medical expenses but also contributes to a healthier, more secure community. The assistance provided empowers members to seek necessary healthcare services without the hindrance of overwhelming costs, thereby promoting overall well-being and financial stability.




This information is meant to be a general summary of International Brotherhood Of Teamsters 710 Health & 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
$49,319,829 (2023)
Expenses
$40,883,529 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$785,454
  • Program Service Revenue: $50,104,786
  • Gross Receipts: $102,838,894

Assets and Liabilities:

  • Total Assets: $128,793,072
  • Total Liabilities: $7,806,442
  • Net Assets: $120,986,630

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$49,493,195

PARTICIPANT CONTRIBUTI

Revenue

$348,755

CLAIMS REFUNDS AND SET

Revenue

$117,273

RETIREE CONTRIBUTIONS

Revenue

$117,000

COBRA SUBSIDY

Revenue

$28,563

Organization Details

Founding Year

1950

Principal Officer

Samuel Pilger

Main Address

9000 W 187TH STREET, MOKENA, IL, 60448

NTEE Category

Code: Y40 - Mutual benefit

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