Central States Southeast & Southwest Areas Health & Welfare Fund

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

EIN: 362154936 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Central States Southeast & Southwest Areas Health & Welfare Fund?

The Central States Southeast & Southwest Areas Health & Welfare Fund is a nonprofit organization based in Chicago, Illinois. With a workforce of 786 employees, their primary objective is to offer medical, prescription, and dental coverage to about 252,000 participants. Their mission revolves around providing essential Health and Welfare benefits to those they serve.


Official website here: www.myteamcare.org

Is Central States Southeast & Southwest Areas Health & Welfare Fund legitimate?

Central States Southeast & Southwest Areas Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Central States Southeast & Southwest Areas 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: $3,545,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,063,712

For more financial information, click here


Official website here: www.myteamcare.org

What is the mission statement of Central States Southeast & Southwest Areas Health & Welfare Fund?

The Central States Southeast & Southwest Areas Health & Welfare Fund is dedicated to extending health and welfare benefits to its participants. The mission of this organization revolves around delivering essential medical, prescription, and dental coverage to an estimated quarter of a million individuals. By focusing on these crucial aspects of well-being, the Fund aims to contribute to the overall health and happiness of those it serves. Its commitment to providing comprehensive coverage demonstrates a strong commitment to the health and welfare of its community.


Official website here: www.myteamcare.org

What is the revenue of Central States Southeast & Southwest Areas Health & Welfare Fund?

Central States Southeast & Southwest Areas Health & Welfare Fund's revenue in 2023 was $5,014,226,146.


Official website here: www.myteamcare.org

Who are the executives of Central States Southeast & Southwest Areas Health & Welfare Fund and what are their salaries?

The average compensation at Central States Southeast & Southwest Areas Health & Welfare Fund during 2023 was $69,314. There are 759 employees at Central States Southeast & Southwest Areas Health & Welfare Fund.

Here are 20 key members and their salaries:


Thomas C Nyhan (Executive Director)
  • Compensation: $584,612
  • Related: $164,891
  • Other: $106,537
John J Franczyk Jr (General Counsel)
  • Compensation: $285,102
  • Related: $134,166
  • Other: $107,806
Robert Coco (Deputy Chief Counsel; Secretary To Board)
  • Compensation: $274,307
  • Related: $129,085
  • Other: $107,949
Albert M Madden (Senior Deputy General Counsel)
  • Compensation: $219,670
  • Related: $179,730
  • Other: $106,508
Steven Van Rossem (Senior Director, Teamcare)
  • Compensation: $228,618
  • Related: $107,585
  • Other: $86,667
Peter Priede (Senior Director, Employer Svcs/Pension/Finance)
  • Compensation: $188,680
  • Related: $88,790
  • Other: $103,976
Brad Berliner (Deputy General Counsel)
  • Compensation: $165,518
  • Related: $135,423
  • Other: $56,972
Charles Lee (Deputy General Counsel)
  • Compensation: $161,050
  • Related: $131,769
  • Other: $55,927
James P Eder (Group Director, Chief Information Officer)
  • Compensation: $198,555
  • Related: $93,437
  • Other: $55,279
Carl E Snyder (Chief Technology Officer)
  • Compensation: $215,043
  • Related: $75,555
  • Other: $55,648
Timothy C Reuter (Deputy General Counsel)
  • Compensation: $144,861
  • Related: $118,523
  • Other: $57,137
Patrick Moroney (Group Director/Cio)
  • Compensation: $159,650
  • Related: $0
  • Other: $22
Mark F Angerame (Trustee)
  • Compensation: $19,860
  • Related: $19,860
  • Other: $0
Gary Dunham (Trustee)
  • Compensation: $19,860
  • Related: $19,860
  • Other: $0
George J Westley (Trustee)
  • Compensation: $1,655
  • Related: $1,655
  • Other: $0
Gary F Caldwell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher J Langan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Lawrence (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Whitaker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles A Whobrey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.myteamcare.org

Where can I find the form 990 for Central States Southeast & Southwest Areas Health & Welfare Fund?

Central States Southeast & Southwest Areas Health & Welfare Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.myteamcare.org

Learn more at the official website: www.myteamcare.org

Mission Statement of Central States Southeast & Southwest Areas Health & Welfare Fund

The Central States Southeast & Southwest Areas Health & Welfare Fund is a mission-driven organization dedicated to delivering Health and Welfare benefits to its participants. In simple terms, it strives to promote well-being and ensure access to essential medical, prescription, and dental coverage for approximately 252,000 individuals. By focusing on the provision of these crucial services, the Fund empowers its members to lead healthier lives and face the challenges of daily living with confidence.

Central States Southeast & Southwest Areas Health & Welfare Fund stands out as a vital resource for eligible individuals, providing them with the necessary support to manage their health needs effectively. Through its unwavering commitment to the well-being of its participants, the organization has established itself as a trusted partner in the healthcare landscape. By fostering a culture of compassion and understanding, it nurtures a community of individuals who are not only healthier but also more resilient in the face of life's challenges.

The Fund's primary objective is to ease the burden of healthcare costs for its participants, ensuring they have access to the medical care they need to maintain their overall health and well-being. By partnering with healthcare providers and offering a comprehensive range of coverage options, the organization has become an indispensable resource for those seeking affordable and reliable healthcare solutions. Moreover, its dedication to delivering these crucial services has helped create a more equitable healthcare system, empowering individuals to focus on their health and well-being rather than their financial concerns.

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Impact




October, 2024

The Central States Southeast & Southwest Areas Health & Welfare Fund plays a crucial role in supporting the health and well-being of approximately 252,000 participants by providing comprehensive medical, prescription, and dental coverage. By facilitating access to essential health services, the fund significantly impacts the lives of individuals and families, ensuring they receive necessary care and support.

This initiative is particularly vital in promoting preventive healthcare, fostering healthier communities, and reducing overall healthcare costs by enabling timely access to treatment. The fund's efforts contribute to enhancing the quality of life for its participants and their dependents, while also addressing disparities in healthcare access. Through its operations in Chicago, IL, the fund exemplifies a commitment to mutual benefit, striving to uplift participants and ensure they have the resources needed for a healthy lifestyle.




This information is meant to be a general summary of Central States Southeast & Southwest Areas 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
$5,014,226,146 (2023)
Expenses
$4,065,776,749 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $368,378,967
  • Program Service Revenue: $4,888,172,960
  • Gross Receipts: $80,670,668,280

Assets and Liabilities:

  • Total Assets: $12,055,420,607
  • Total Liabilities: $2,119,153,651
  • Net Assets: $9,936,266,956

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Programs

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

H&W Employer Contributions

Revenue

$4,832,069,723

H&W Participants Contributions

Revenue

$56,103,237

Organization Details

Founding Year

1950

Principal Officer

Thomas C Nyhan

NTEE Category

Code: Y30 - Mutual benefit

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