Overview
What is Teamsters Joint Council 32-Employers Health And Welfare Fund?
The Teamsters Joint Council 32-Employers Health and Welfare Fund is a nonprofit organization based in Bloomington, Minnesota. It offers various health and welfare benefits to participants whose employers make contributions based on their collective bargaining agreement. The benefits include medical coverage, prescription drugs, dental care, vision services, short-term disability, and death and accidental death and dismemberment insurance. The organization provides these benefits to participants in accordance with their employment terms.
Is Teamsters Joint Council 32-Employers Health And Welfare Fund legitimate?
Teamsters Joint Council 32-Employers Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Joint Council 32-Employers 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.
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What is the mission statement of Teamsters Joint Council 32-Employers Health And Welfare Fund?
The Teamsters Joint Council 32-Employers Health and Welfare Fund functions as a health benefits program. This fund offers medical, prescription, dental, vision, short-term disability, and life insurance benefits to eligible participants. Employers contribute to the plan on behalf of their employees according to the terms of their collective bargaining agreement. The mission of the fund is to ensure participants receive comprehensive healthcare coverage and support. By collaborating with employers, the fund prioritizes the wellbeing of its members, offering various benefits designed to meet their health needs.
Who is the CEO of Teamsters Joint Council 32-Employers Health And Welfare Fund?
Larry Yoswa is the Principal Officer of Teamsters Joint Council 32-Employers Health And Welfare Fund.
What is the revenue of Teamsters Joint Council 32-Employers Health And Welfare Fund?
Teamsters Joint Council 32-Employers Health And Welfare Fund's revenue in 2022 was $70,119,379.
Who are the executives of Teamsters Joint Council 32-Employers Health And Welfare Fund and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Teamsters Joint Council 32-Employers Health And Welfare Fund?
Teamsters Joint Council 32-Employers Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Teamsters Joint Council 32-Employers Health And Welfare Fund
The Teamsters Joint Council 32-Employers Health and Welfare Fund is a vital organization that offers medical, dental, vision, prescription, short-term disability, death, and accidental death and dismemberment benefits to eligible participants. This fund is unique as it functions based on the collective bargaining agreements between employers and the Teamsters Joint Council 32.
In simpler terms, the Teamsters Joint Council 32-Employers Health and Welfare Fund serves as a crucial lifeline for individuals whose employers contribute to the plan according to their negotiated agreements. The Fund's primary objective is to ensure the wellbeing of these individuals by providing comprehensive health and welfare benefits.
By contributing to this fund, employers not only secure the health and peace of mind for their workforce but also demonstrate their commitment towards their employees' welfare. The benefits offered by the Teamsters Joint Council 32-Employers Health and Welfare Fund play a pivotal role in promoting overall health and well-being among the workforce, enabling them to focus on their professional growth and personal lives.
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Impact
October, 2024
Teamsters Joint Council 32-Employers Health and Welfare Fund plays a critical role in enhancing the well-being of its participants by providing comprehensive healthcare benefits. This fund ensures access to essential medical services, including medical treatment, prescription drugs, dental and vision care. Additionally, it offers short-term disability benefits, which provide financial support during periods of illness or injury, alongside death and accidental death and dismemberment benefits.
By facilitating these benefits, the Fund not only improves healthcare access for participants but also contributes to their overall economic security. With employers making contributions according to collective bargaining agreements, the Fund strengthens the partnership between workers and employers, fostering a sense of mutual benefit and support.
Located in Bloomington, Minnesota, the Fund serves as a vital resource for individuals, aiding them in maintaining their health and well-being while providing peace of mind regarding unforeseen circumstances. By addressing these critical aspects of health and welfare, it has a profound impact on the quality of life for workers and their families.
This information is meant to be a general summary of Teamsters Joint Council 32-Employers 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $764,189
- Program Service Revenue: $69,302,302
- Gross Receipts: $110,896,684
Assets and Liabilities:
- Total Assets: $66,667,205
- Total Liabilities: $4,361,283
- Net Assets: $62,305,922
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$66,449,072
EMPLOYEE CONTRIBUTIONS
Revenue
$2,853,230
Organization Details
Founding Year
1980
Phone
(952) 854-0795Principal Officer
Larry Yoswa
Main Address
3001 METRO DR STE 500, BLOOMINGTON, MN, 55425
NTEE Category
Code: Y40 - Mutual benefit
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