Overview
What is Trustees Of Teamster Members Retirement Plan?
Trustees Of Teamster Members Retirement Plan is a nonprofit organization based in Carol Stream, Illinois, specifically located at 455 Kehoe Boulevard Suite 100. This organization functions as a multiple union pension program, dedicated to providing benefits for its participants based on their contributions. With a workforce of six employees, the Trustees Of Teamster Members Retirement Plan aims to secure the financial future of its union members, ensuring they receive the rewards of their labor during retirement.
Official website here: www.teamstermrp.org
What are the reviews and ratings of this charity?
The Trustees Of Teamster Members Retirement Plan is not currently rated by Charity Navigator. This absence is due to the lack of sufficient data, rather than an implicit positive or negative assessment. The organization does not qualify for a rating primarily because it isn't registered under 501(c)(3), which is necessary for such evaluations.
Charity Navigator notes that there's no available data on key financial and leadership metrics for the organization. This limits the ability to assess its accountability and finance practices and other performance indices typically used to gauge nonprofit efficiency and effectiveness.
Without user reviews or additional feedback from GreatNonprofits, it is challenging to gauge public perception or firsthand experiences with the organization. The absence of data highlights the need for potential donors or stakeholders to conduct further research to make informed decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Trustees Of Teamster Members Retirement Plan legitimate?
Trustees Of Teamster Members Retirement Plan is a legitimate nonprofit organization registered as a 501(c)(18) entity. Trustees Of Teamster Members Retirement Plan 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: $206,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,766
For more financial information, click here
Official website here: www.teamstermrp.org
What is the mission statement of Trustees Of Teamster Members Retirement Plan?
The Trustees Of Teamster Members Retirement Plan functions as a pension program for union members. Its mission revolves around providing benefits to participants based on their contributions. The organization ensures that each participant receives the retirement benefits they are entitled to, as a result of their past contributions. Through this pension plan, union members can secure a steady financial foundation for their retirement years. The Trustees prioritize maintaining a reliable system to manage and distribute these benefits, ensuring the well-being of its members in their later years. The program's primary goal is to provide financial security and peace of mind for union members, making their golden years more comfortable and worry-free.
Official website here: www.teamstermrp.org
Who is the CEO of Trustees Of Teamster Members Retirement Plan?
Maggie Peck is the Chairman, Board Of Trustee of Trustees Of Teamster Members Retirement Plan.
Official website here: www.teamstermrp.org
What is the revenue of Trustees Of Teamster Members Retirement Plan?
Trustees Of Teamster Members Retirement Plan's revenue in 2022 was $64,567,329.
Official website here: www.teamstermrp.org
Who are the executives of Trustees Of Teamster Members Retirement Plan and what are their salaries?
The average compensation at Trustees Of Teamster Members Retirement Plan during 2022 was $84,013. There are 6 employees at Trustees Of Teamster Members Retirement Plan.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $100,504
- Related: $0
- Other: $28,118
- Compensation: $165,894
- Related: $0
- Other: $40,417
Official website here: www.teamstermrp.org
Where can I find the form 990 for Trustees Of Teamster Members Retirement Plan?
Trustees Of Teamster Members Retirement Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teamstermrp.org
Learn more at the official website: www.teamstermrp.org
Mission Statement of Trustees Of Teamster Members Retirement Plan
Trustees of Teamster Members Retirement Plan is a multiple union pension program that provides benefits to its participants based on their contributions. In simpler terms, this nonprofit organization serves as a safety net for workers in various unions, offering financial security through retirement plans.
By collecting and managing funds from union members' payroll deductions, the Trustees of Teamster Members Retirement Plan ensures that participants receive the retirement benefits they are entitled to. The organization's mission is geared towards delivering on the promises made to union workers, enabling them to enjoy a comfortable retirement after years of dedicated service.
Central to the Trustees of Teamster Members Retirement Plan's operations is the belief that every union worker deserves a secure financial future. By pooling resources from multiple unions, the organization is able to leverage the collective power of its members to negotiate favorable retirement plans and investment opportunities. Moreover, the Trustees of Teamster Members Retirement Plan is committed to ensuring transparency and fairness in its operations, providing regular updates to participants about their account balances and retirement benefits.
In essence, the Trustees of Teamster Members Retirement Plan functions as a vital bridge between union workers and their retirement goals, providing a steady source of income and financial stability for its participants. Through its mission of delivering on the promises made to union workers, the organization fosters a sense of trust, security, and confidence among its members, allowing them to focus on their careers and personal lives with peace of mind.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Trustees Of Teamster Members Retirement Plan plays a crucial role in providing financial security for its participants through a multi-union pension program. This plan ensures that individuals receive retirement benefits that are directly linked to their contributions, fostering a sense of financial stability among union members. By supporting workers during their retirement years, the program enhances their quality of life and promotes economic well-being within the community. The impact extends beyond individual beneficiaries, contributing to a robust workforce and fostering solidarity among union members. Furthermore, it underscores the importance of collective bargaining efforts in securing fair compensation and benefits for workers.
This information is meant to be a general summary of Trustees Of Teamster Members Retirement Plan. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $40,589,468
- Program Service Revenue: $10,546,773
- Gross Receipts: $447,846,457
Assets and Liabilities:
- Total Assets: $709,032,698
- Total Liabilities: $787,854
- Net Assets: $708,244,844
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS FROM MEMBERS
Revenue
$10,546,773
Organization Details
Founding Year
1950
Phone
(630) 752-8400Principal Officer
Maggie Peck
Main Address
455 KEHOE BOULEVARD SUITE 100, CAROL STREAM, IL, 60188
Website
www.teamstermrp.orgNTEE Category
Code: Y30 - Mutual benefit
If you are a representative of Trustees Of Teamster Members Retirement Plan and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.