Chicago Truck Drivers Union Health And Welfare Fund

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

EIN: 362371000 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Chicago Truck Drivers Union Health And Welfare Fund?

Chicago Truck Drivers Union Health and Welfare Fund is a nonprofit organization committed to supplying medical, hospitalization, and additional benefits according to the plan document for all eligible participants and their beneficiaries. This health and welfare fund aims to ensure that union truck drivers and their dependents receive essential coverage and support.


Official website here: www.ctdu.org

Is Chicago Truck Drivers Union Health And Welfare Fund legitimate?

Chicago Truck Drivers Union Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Chicago Truck Drivers Union Health And 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: $104,902
Professional Fundraising Fees: $0
Other Salaries and Wages: $440,899

For more financial information, click here


Official website here: www.ctdu.org

What is the mission statement of Chicago Truck Drivers Union Health And Welfare Fund?

The Chicago Truck Drivers Union Health and Welfare Fund is committed to delivering medical, hospitalization, and additional benefits as outlined in the plan document. This organization's primary goal is to ensure the well-being of eligible participants and their beneficiaries. The mission is carried out by providing essential health benefits as detailed in the plan document.


Official website here: www.ctdu.org

Who is the CEO of Chicago Truck Drivers Union Health And Welfare Fund?

Bernard Sherlock is the Trustee of Chicago Truck Drivers Union Health And Welfare Fund.


Official website here: www.ctdu.org

What is the revenue of Chicago Truck Drivers Union Health And Welfare Fund?

Chicago Truck Drivers Union Health And Welfare Fund's revenue in 2022 was $14,282,543.


Official website here: www.ctdu.org

Who are the executives of Chicago Truck Drivers Union Health And Welfare Fund and what are their salaries?

The average compensation at Chicago Truck Drivers Union Health And Welfare Fund during 2022 was $60,645. There are 9 employees at Chicago Truck Drivers Union Health And Welfare Fund.


Here are 8 key members and their salaries:


Bernard Sherlock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Ryan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
R J Emerick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Barton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Rule (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Ramirez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Daly (Fund Manager)
  • Compensation: $0
  • Related: $13,924
  • Other: $0
April Bougis (Assistant Fund Manager)
  • Compensation: $90,978
  • Related: $0
  • Other: $0


Official website here: www.ctdu.org

Where can I find the form 990 for Chicago Truck Drivers Union Health And Welfare Fund?

Chicago Truck Drivers Union Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ctdu.org

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

Mission Statement of Chicago Truck Drivers Union Health And Welfare Fund

The Chicago Truck Drivers Union Health and Welfare Fund is a dedicated organization committed to extending medical, hospitalization, and additional benefits to all eligible participants and their beneficiaries. Established with a clear mission, the Health and Welfare Fund focuses on ensuring the well-being and health security of its members.

In essence, the Chicago Truck Drivers Union Health and Welfare Fund functions as a safety net, safeguarding and enhancing the health and wellness of those it serves. By providing a comprehensive range of benefits as outlined in the plan document, the organization strives to alleviate the financial burden of healthcare costs for eligible individuals.

The Health and Welfare Fund's mission is multifaceted, encompassing the provision of medical and hospitalization services. These offerings extend beyond mere healthcare, as the organization also strives to cater to various complementary needs. This approach is geared towards holistically addressing the overall well-being of its members, ensuring they are well-equipped to face life's challenges with confidence and peace of mind.

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Impact




October, 2024

The Chicago Truck Drivers Union Health and Welfare Fund plays a crucial role in promoting the health and well-being of union members and their families by offering essential medical and hospitalization benefits. Its focus on providing comprehensive healthcare services ensures that eligible participants and beneficiaries have access to necessary medical care, enabling them to maintain their health and productivity in the demanding trucking industry.

By alleviating the financial burden associated with healthcare expenses, the Fund supports members in managing unexpected medical costs and promotes healthier lifestyles. This support not only enhances the quality of life for individuals but also fosters a more stable workforce. The Fund's commitment to health and welfare contributes to the overall sustainability of the trucking sector in Chicago, creating a positive ripple effect that benefits the community at large.




This information is meant to be a general summary of Chicago Truck Drivers Union Health And 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
$14,282,543 (2022)
Expenses
$12,583,315 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $502,518
  • Program Service Revenue: $13,780,025
  • Gross Receipts: $14,449,643

Assets and Liabilities:

  • Total Assets: $26,763,794
  • Total Liabilities: $1,059,107
  • Net Assets: $25,704,687

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$13,171,120

REIMBURSED EXPENSES

Revenue

$350,827

EMPLOYEE CONTRIBUTIONS

Revenue

$258,078

Organization Details

Founding Year

1953

Principal Officer

Bernard Sherlock

Main Address

6500 W 65TH STREET 203, CHICAGO, IL, 60638

NTEE Category

Code: Y43 - Mutual benefit

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