American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement

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

EIN: 522035053 ✦ Elkridge, MD ✦ Designated as a 501(c)(9)

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Overview

What is American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement?

The American Postal Workers Union Afl-Cio Health Plan Health and Welfare Trust Agreement is a nonprofit entity based in Glen Burnie, Maryland. Its primary mission is to offer medical, life, accidental death and dismemberment, long-term disability insurance, and related benefits for employees and retirees of the American Postal Workers Union AFL-CIO Health Plan. By doing so, it ensures the wellbeing of these individuals and their dependents and beneficiaries under a collective bargaining agreement.

Is American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement legitimate?

American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement is a legitimate nonprofit organization registered as a 501(c)(9) entity. American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement 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 American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement?

The American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement aims to provide insurance benefits to the employees and retirees of the APWU AFL-CIO Health Plan and their dependents and beneficiaries, as outlined in a collective bargaining agreement. The trust agreement funds medical, life, accidental death & dismemberment, and long-term disability insurance benefits for these individuals. The primary goal is to ensure the well-being of those employed by the APWU AFL-CIO Health Plan and their families. The trust agreement serves as a safety net, offering essential coverage and financial security for its beneficiaries.

What is the revenue of American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement?

American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement's revenue in 2023 was $16,772,615.

Who are the executives of American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement and what are their salaries?

Here are 6 key members and their salaries:


Carroll Midgett (Plan Administrator(Thr.9/2023))
  • Compensation: $0
  • Related: $269,315
  • Other: $62,298
Randy Griffin (Plan Administrator(Eff.9/2023))
  • Compensation: $0
  • Related: $166,939
  • Other: $52,357
Mark Dimondstein (Board Member)
  • Compensation: $0
  • Related: $182,769
  • Other: $31,071
Deborah Szeredy (Board Member)
  • Compensation: $0
  • Related: $161,442
  • Other: $27,445
Elizabeth Powell (Board Member)
  • Compensation: $0
  • Related: $161,442
  • Other: $27,445
Sarah Rodriguez (Board Member/Chair)
  • Compensation: $0
  • Related: $153,930
  • Other: $20,844
Where can I find the form 990 for American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement?

American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement

The American Postal Workers Union Afl-Cio Health Plan Health and Welfare Trust Agreement is a crucial organization dedicated to delivering insurance benefits to employees and retirees under a collective bargaining agreement with the APWU AFL-CIO Health Plan. This nonprofit entity focuses on providing essential medical, life, accidental death and dismemberment, and long-term disability insurance benefits to the workforce and their dependents and beneficiaries.

By offering these comprehensive insurance benefits, the American Postal Workers Union Afl-Cio Health Plan Health and Welfare Trust Agreement plays a pivotal role in ensuring the well-being of its members. The Trust Agreement's mission is to secure the financial resources necessary for the provision of these essential benefits, ultimately enhancing the quality of life for the employees and retirees of the APWU AFL-CIO Health Plan.

Through various insurance plans, this organization extends its support to those individuals who have dedicated their careers to the APWU AFL-CIO Health Plan. The American Postal Workers Union Afl-Cio Health Plan Health and Welfare Trust Agreement's commitment to its community is unwavering, and it continues to uphold its responsibility to provide vital insurance benefits to its members, empowering them to face life's challenges with confidence and peace of mind.

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Impact




October, 2024

The American Postal Workers Union AFL-CIO Health Plan Health and Welfare Trust Agreement significantly impacts employees, retirees, and their families by providing essential benefits that enhance their overall well-being and security. This agreement ensures access to vital medical care, life insurance, accidental death and dismemberment coverage, and long-term disability insurance.

By facilitating these benefits under a collective bargaining agreement, the Trust Agreement strengthens the financial and emotional stability of members and their beneficiaries, ensuring they have necessary resources in times of need. The availability of extensive health and welfare benefits helps workers focus on their jobs without the added stress of financial uncertainty related to healthcare and unforeseen life events.

Overall, the Trust Agreement plays a crucial role in fostering a supportive environment for postal workers and their families, which can lead to improved morale, productivity, and loyalty to the union. The mutual benefit aspect underlines the solidarity among members, reinforcing the importance of collective support in addressing their healthcare and financial needs.




This information is meant to be a general summary of American Postal Workers Union Afl-Cio Health Plan Health And Welfare Trust Agreement. 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
$16,772,615 (2023)
Expenses
$8,085,938 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3,629,350
  • Program Service Revenue: $12,487,317
  • Gross Receipts: $18,116,667

Assets and Liabilities:

  • Total Assets: $87,123,773
  • Total Liabilities: $0
  • Net Assets: $87,123,773

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Programs

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

EMPLOYERS CONTRIBUTIONS

Revenue

$11,960,742

PARTICIPANTS CONTRIBUTIONS

Revenue

$380,739

SPOUSAL CONTRIBUTIONS

Revenue

$145,836

Organization Details

Founding Year

1996

Principal Officer

Sarah Rodriguez

NTEE Category

Code: Y40 - Mutual benefit

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