Overview
What is Teamsters Medicare Trust For Retired Employees?
Teamsters Medicare Trust for Retired Employees is a nonprofit organization dedicated to offering health and welfare benefits to its members. Established with a mission to provide these essential services, the trust dispensed an impressive sum of $6,036,317 in benefits to its members in 2019 alone. The organization plays a vital role in enhancing the well-being of its retired employees by providing them with necessary health care services.
Is Teamsters Medicare Trust For Retired Employees legitimate?
Teamsters Medicare Trust For Retired Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Medicare Trust For Retired Employees 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: $305,754
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What is the mission statement of Teamsters Medicare Trust For Retired Employees?
Teamsters Medicare Trust for Retired Employees is committed to offering health and welfare benefits to its members. They strive to provide these benefits effectively, as evidenced by the $6,036,317 in benefits they distributed in 2019 alone. The organization's primary goal is to support the health and well-being of its retired employees. While the Trust does not engage in advocacy or research like some other organizations, its mission is still significant in ensuring the health and welfare of its members.
Who is the CEO of Teamsters Medicare Trust For Retired Employees?
Jim Stuckel is the Union Trustee of Teamsters Medicare Trust For Retired Employees.
What is the revenue of Teamsters Medicare Trust For Retired Employees?
Teamsters Medicare Trust For Retired Employees's revenue in 2022 was $6,988,873.
Who are the executives of Teamsters Medicare Trust For Retired Employees and what are their salaries?
The average compensation at Teamsters Medicare Trust For Retired Employees during 2022 was $50,959. There are 6 employees at Teamsters Medicare Trust For Retired Employees.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Teamsters Medicare Trust For Retired Employees?
Teamsters Medicare Trust For Retired Employees's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Teamsters Medicare Trust For Retired Employees
Teamsters Medicare Trust for Retired Employees is an organization dedicated to providing health and welfare benefits to its members. Established with this mission in mind, the trust aims to support its members by offering a range of benefits. In 2019, the trust demonstrated its commitment to this mission by providing a significant sum of $6,036,317 in benefits to its members. This financial support underscores the trust's role as a reliable provider of health and welfare benefits for its retired employees.
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Impact
October, 2024
Teamsters Medicare Trust for Retired Employees profoundly impacts the lives of its members by delivering essential health and welfare benefits. In 2019, the trust distributed over $6 million in benefits, significantly aiding retired employees in managing healthcare costs and accessing necessary services. This financial support fosters a sense of security and well-being among retirees, allowing them to focus on their health rather than financial burdens. The trust's commitment to its members enhances their quality of life and underscores the importance of mutual support within the community.
This information is meant to be a general summary of Teamsters Medicare Trust For Retired Employees. 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: $761,080
- Program Service Revenue: $6,227,793
- Gross Receipts: $14,145,717
Assets and Liabilities:
- Total Assets: $35,742,582
- Total Liabilities: $697,928
- Net Assets: $35,044,654
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER/EMPLOYEE CONTR
Revenue
$6,227,793
Organization Details
Founding Year
1967
Phone
(314) 377-0080Principal Officer
Jim Stuckel
Main Address
11400 CONCORD VILLAGE AVE, ST LOUIS, MO, 631236973
NTEE Category
Code: Y40 - Mutual benefit
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