Overview
What is National Iam Benefit Trust Fund?
The National Iam Benefit Trust Fund is a nonprofit organization based in Washington, D.C., with a total of 22 employees. Established under a collective bargaining agreement between various employers and the International Association of Machinists and Aerospace Workers, AFL-CIO, and affiliated IAM local and IAM district lodges, the Fund aims to provide health, welfare, vision, and dental benefits to eligible participants and their dependents. These benefits are designed to enhance the overall wellbeing and health of the members and their families.
Official website here: www.iambtf.org
Is National Iam Benefit Trust Fund legitimate?
National Iam Benefit Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. National Iam Benefit Trust 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $109,918
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,672,924
For more financial information, click here
What is the mission statement of National Iam Benefit Trust Fund?
The National Iam Benefit Trust Fund is dedicated to providing essential health, welfare, vision, and dental benefits to eligible participants and their dependents. This commitment is established under a collective bargaining agreement between various employers and the International Association of Machinists and Aerospace Workers, AFL-CIO, and its affiliated local and district lodges. The mission of the trust fund is to ensure that eligible individuals have access to these vital benefits, enhancing their overall well-being. The trust fund works closely with the International Association of Machinists and Aerospace Workers to implement and oversee the benefits program.
Official website here: www.iambtf.org
Who is the CEO of National Iam Benefit Trust Fund?
Yolanda D Montgomery is the Union Trustee/Co-Chair of National Iam Benefit Trust Fund.
Official website here: www.iambtf.org
What is the revenue of National Iam Benefit Trust Fund?
National Iam Benefit Trust Fund's revenue in 2022 was $114,488,739.
Official website here: www.iambtf.org
Who are the executives of National Iam Benefit Trust Fund and what are their salaries?
The average compensation at National Iam Benefit Trust Fund during 2022 was $81,038. There are 22 employees at National Iam Benefit Trust Fund.
Here are 8 key members and their salaries:
- James Tierney (Executive Director)
- Dora Cervantes (Union Trustee/Co-Chair)
- Steven M Galloway (Union Trustee)
- Rickey Wallace (Union Trustee)
- Karen Brown (Director Of Operations)
- Amy Kehoe (Employer Trustee)
- Thomas Mitchell (Employer Trustee/Co-Chair)
- Marie Underwood (Employer Trustee)
Official website here: www.iambtf.org
Where can I find the form 990 for National Iam Benefit Trust Fund?
The National Iam Benefit Trust Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.iambtf.org
Learn more at the official website: www.iambtf.org
Mission Statement of National Iam Benefit Trust Fund
The National Iam Benefit Trust Fund is a charitable organization dedicated to providing essential health, welfare, vision, and dental benefits to eligible participants and their dependents. Established under a collective bargaining agreement between various employers and the International Association of Machinists and Aerospace Workers (IAM), AFL-CIO, and affiliated IAM local and district lodges, this trust fund aims to secure the wellbeing of a substantial number of individuals.
Through the collaborative efforts of the involved parties, the National Iam Benefit Trust Fund has been able to offer a comprehensive range of benefits that cater to the diverse needs of its members. By providing these vital services, the trust fund plays a crucial role in enhancing the quality of life for eligible participants and their dependents. The organization's unwavering commitment to its mission is evident in its provision of benefits that promote both physical and emotional well-being.
In essence, the National Iam Benefit Trust Fund serves as a beacon of support for those it serves, enabling them to focus on their personal and professional growth without the added burden of worrying about their health and wellness. By offering access to essential benefits, the trust fund fosters a sense of security and stability, empowering its members to face the challenges of life with confidence.
Impact
This information is meant to be a general summary of National Iam Benefit Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The National Iam Benefit Trust Fund plays a crucial role in providing health, welfare, vision, and dental benefits to eligible participants and their dependents. This impact is established through a collective bargaining agreement between various employers and the International Association of Machinists and Aerospace Workers, AFL-CIO, and affiliated IAM local and IAM district lodges. By offering these essential benefits, the Trust Fund positively impacts the well-being and quality of life of its participants, ensuring access to necessary healthcare services and support.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$113,446,978
PARTICIPANT CONTRIBUTIONS
Revenue
$599,236
Organization Details
Founding Year
1973
Phone
(202) 785-8148
Principal Officer
Yolanda D Montgomery
Main Address
99 M STREET SE 600, WASHINGTON, DC, 200034595
Website
www.iambtf.org
NTEE Category
Code: Y20 - Mutual benefit
If you are a representative of National Iam Benefit Trust Fund 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.