Teamsters Local Union No 727 Legal & Educational Assistance Fund

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

EIN: 363429967 ✦ Park ridge, IL ✦ Designated as a 501(c)(9)

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Overview

What is Teamsters Local Union No 727 Legal & Educational Assistance Fund?

Teamsters Local Union No 727 Legal & Educational Assistance Fund is a local nonprofit organization situated in Park Ridge, Illinois. Their primary focus is to offer legal and educational assistance to eligible participants and their dependents. By providing legal services, they aim to support individuals in navigating various legal matters. Additionally, the fund offers educational assistance to help eligible participants and their families overcome any related challenges. The organization's mission is to empower and uplift its beneficiaries through these critical services.

Is Teamsters Local Union No 727 Legal & Educational Assistance Fund legitimate?

Teamsters Local Union No 727 Legal & Educational Assistance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Local Union No 727 Legal & Educational Assistance 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: $101,808
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,116

For more financial information, click here

What is the mission statement of Teamsters Local Union No 727 Legal & Educational Assistance Fund?

The Teamsters Local Union No 727 Legal & Educational Assistance Fund is dedicated to providing legal services and educational assistance to eligible participants and their dependents. Its mission is centered around offering legal support and educational aid to those who qualify, aiming to contribute positively to their lives. The fund operates with the goal of providing these essential services, thereby alleviating any associated challenges that may arise.

Who is the CEO of Teamsters Local Union No 727 Legal & Educational Assistance Fund?

John T Coli Jr is the Trustee of Teamsters Local Union No 727 Legal & Educational Assistance Fund.

What is the revenue of Teamsters Local Union No 727 Legal & Educational Assistance Fund?

Teamsters Local Union No 727 Legal & Educational Assistance Fund's revenue in 2023 was $6,239,513.

Who are the executives of Teamsters Local Union No 727 Legal & Educational Assistance Fund and what are their salaries?


Here are 16 key members and their salaries:


Caleen Carter-Patton (Trustee)
  • Compensation: $0
  • Related: $167,632
  • Other: $73,846
Carl Tominberg (Trustee)
  • Compensation: $25,746
  • Related: $54,571
  • Other: $0
Greg Youmans (Trustee)
  • Compensation: $25,101
  • Related: $68,048
  • Other: $0
John Mccarthy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John T Coli Jr (Trustee)
  • Compensation: $0
  • Related: $361,864
  • Other: $104,479
Michael Degard (Trustee)
  • Compensation: $0
  • Related: $139,099
  • Other: $69,993
Nicholas Micaletti (Trustee)
  • Compensation: $0
  • Related: $153,730
  • Other: $72,949
Robert Sheehy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Laino (Fund Manager)
  • Compensation: $0
  • Related: $232,512
  • Other: $88,592
Zach Frankenbach (Assistant Fund Manager)
  • Compensation: $0
  • Related: $168,515
  • Other: $75,793
Benedict Affetto (Cfr)
  • Compensation: $0
  • Related: $166,020
  • Other: $75,294
Melvin Pryor (Cfr)
  • Compensation: $0
  • Related: $153,190
  • Other: $72,728
Robert Macarthur (Cfr)
  • Compensation: $0
  • Related: $153,190
  • Other: $72,728
Scott Johnson (Cfr)
  • Compensation: $0
  • Related: $153,190
  • Other: $72,728
Michael Vendafreddo (Cfr)
  • Compensation: $0
  • Related: $100,432
  • Other: $62,176
William Coli (Fund Manager-Former)
  • Compensation: $0
  • Related: $124,478
  • Other: $49,357
Where can I find the form 990 for Teamsters Local Union No 727 Legal & Educational Assistance Fund?

Teamsters Local Union No 727 Legal & Educational Assistance Fund's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Teamsters Local Union No 727 Legal & Educational Assistance Fund

Teamsters Local Union No 727 Legal & Educational Assistance Fund is committed to offering legal services and educational assistance to eligible participants and their dependents. This nonprofit organization's mission is to provide a helping hand to those in need, ensuring they have access to essential legal support and educational aid. By offering this assistance, Teamsters Local Union No 727 Legal & Educational Assistance Fund aims to empower its beneficiaries, helping them navigate through various challenges and contribute positively to their communities.

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Impact




October, 2024

Teamsters Local Union No. 727 Legal & Educational Assistance Fund significantly enhances the well-being of its eligible participants and their dependents by offering vital legal services and educational resources. This fund aims to empower members by providing access to legal advice and representation in various matters, ensuring they are well-informed and protected in legal circumstances.

Additionally, the educational assistance component helps participants further their knowledge and skills, fostering personal and professional development. This dual approach not only supports immediate legal needs but also contributes to long-term career advancement and stability. By focusing on mutual benefit, the Fund plays a crucial role in strengthening the community it serves in Park Ridge, IL, creating a supportive network for individuals and families within the union.




This information is meant to be a general summary of Teamsters Local Union No 727 Legal & Educational Assistance 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
$6,239,513 (2023)
Expenses
$5,178,441 (2023)
Efficiency

Other financial information:

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

  • Investment Income: -$61,299
  • Program Service Revenue: $6,300,812
  • Gross Receipts: $9,983,461

Assets and Liabilities:

  • Total Assets: $4,391,325
  • Total Liabilities: $1,106,508
  • Net Assets: $3,284,817

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$6,237,221

PAYROLL AUDIT COLLECTIONS

Revenue

$63,591

Organization Details

Founding Year

1986

Principal Officer

John T Coli Jr

Main Address

1300 W HIGGINS ROAD 103, PARK RIDGE, IL, 60068

NTEE Category

Code: Y40 - Mutual benefit

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