Twin Cities Bakery Workers H & W Fd

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

EIN: 411400411 ✦ Saint paul, MN ✦ Designated as a 501(c)(9)

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Overview

What is Twin Cities Bakery Workers H & W Fd?

Twin Cities Bakery Workers H & W Fd is a health and welfare fund established to provide benefits for eligible employees of union members. The fund is based in Saint Paul, Minnesota, with the address 2919 Eagandale Blvd STE 120, ZIP code 55121. The organization's mission involves employers contributing specified amounts to the fund, which then covers participants with hospital, medical, weekly disability, dental, death, and pharmaceutical benefits. The primary objective is to ensure the well-being and healthcare support for the workforce in the Twin Cities Bakery sector.

What are the reviews and ratings of this charity?

The Twin Cities Bakery Workers Health and Welfare Fund is not currently rated by Charity Navigator. This is largely due to its status as a non-501(c)(3) organization, which makes it ineligible for evaluation under the Accountability & Finance methodology typically used by Charity Navigator. The absence of a rating is neither negative nor positive; it simply indicates that the organization has not been assessed against the standard criteria used for evaluating registered charities.

The organization's classification outside the 501(c)(3) framework means that it is managed independently and not part of larger national or regional nonprofit networks. Without a 501(c)(3) designation, Twin Cities Bakery Workers H & W Fd cannot receive tax-deductible contributions, and as such, financial metrics commonly provided for evaluated organizations, such as total revenue and expenses or salary data for key individuals, are not available.

Charity Navigator emphasizes that their ratings focus on financial health, accountability, and transparency, which cannot be applied here due to structural limitations. Additionally, the lack of electronically filed IRS Form 990 data in recent years leaves more specific operational insights unstated. User reviews on GreatNonprofits are also unavailable, making a community-based perspective not possible in this summary.


This AI summary has been generated from information found on Charity Navigator.

Is Twin Cities Bakery Workers H & W Fd legitimate?

Twin Cities Bakery Workers H & W Fd is a legitimate nonprofit organization registered as a 501(c)(9) entity. Twin Cities Bakery Workers H & W Fd 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Twin Cities Bakery Workers H & W Fd?

Twin Cities Bakery Workers H & W Fd operates a health and welfare fund, where employers of union members contribute designated amounts to the fund on behalf of eligible employees. The primary objective of the fund is to provide essential benefits to participants. These benefits include coverage for hospital and medical services, weekly disability, dental care, death benefits, and pharmaceuticals. By establishing this fund, the organization ensures that all participating employees have access to these vital services. The fund exists to enhance the well-being and overall quality of life for the workforce.

Who is the CEO of Twin Cities Bakery Workers H & W Fd?

Unavailable

What is the revenue of Twin Cities Bakery Workers H & W Fd?

Twin Cities Bakery Workers H & W Fd's revenue in 2022 was $12,024,576.

Who are the executives of Twin Cities Bakery Workers H & W Fd and what are their salaries?


Here are 6 key members and their salaries:


James Rutten (Union Trustee)
  • Compensation: $0
  • Related: $1
  • Other: $0
Walter Borgan (Union Trustee)
  • Compensation: $0
  • Related: $1
  • Other: $0
Matt Ryder (Secretaryunion Trustee)
  • Compensation: $0
  • Related: $1
  • Other: $0
Patricia Alton Baker (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trace Benson (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Schultes (Chairpersonemployer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Twin Cities Bakery Workers H & W Fd?

Twin Cities Bakery Workers H & W Fd's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Twin Cities Bakery Workers H & W Fd

Twin Cities Bakery Workers H & W Fund is a health and welfare organization that strives to provide essential benefits to eligible employees. Employers associated with the union contribute designated amounts on behalf of their union members to this fund. The benefits extended to participants include coverage for hospital visits, medical treatments, weekly disability, dental care, death benefits, and pharmaceutical needs.

In essence, the Twin Cities Bakery Workers H & W Fund acts as a safety net for union members, ensuring they have access to vital healthcare services when they need it most. By pooling resources together, the fund enables participants to reap the rewards of comprehensive coverage, which may otherwise be unattainable for many individuals. This collective effort extends beyond just healthcare, offering peace of mind and financial security to those in need.

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Impact




October, 2024

Twin Cities Bakery Workers H & W Fund plays a crucial role in enhancing the welfare and health of union members and their families. By establishing a health and welfare fund, the organization ensures that employers contribute to the well-being of their employees, thereby facilitating access to essential services.

Through this initiative, participants benefit from a comprehensive range of services, including hospital and medical care, dental coverage, weekly disability benefits, and pharmaceutical support. This multifaceted approach not only safeguards the health of workers but also provides financial stability in times of illness or unforeseen circumstances.

The impact of this fund extends beyond individual participants to the broader community, fostering a healthier workforce. By prioritizing the health and welfare of bakery workers, Twin Cities Bakery Workers H & W Fund reinforces the importance of mutual support in improving quality of life and maintaining the integrity of the labor force in Saint Paul, Minnesota.




This information is meant to be a general summary of Twin Cities Bakery Workers H & W Fd. 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
$12,024,576 (2022)
Expenses
$11,507,404 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,658
  • Program Service Revenue: $12,018,918
  • Gross Receipts: $12,024,576

Assets and Liabilities:

  • Total Assets: $3,676,099
  • Total Liabilities: $220,934
  • Net Assets: $3,455,165

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$11,986,669

COBRA CONTRIBUTIONS

Revenue

$32,249

Organization Details

Founding Year

1981

Main Address

2919 EAGANDALE BLVD STE 120, Saint Paul, MN, 55121

NTEE Category

Code: Y40 - Mutual benefit

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