Overview
What is Warehouse Employees Local No 570 Trust Fund?
Warehouse Employees Local No 570 Trust Fund is a nonprofit organization situated in Baltimore, Maryland, specifically at 1005 North Point Blvd 726. The primary objective of this entity is to offer health and dental benefits for covered employees. Employers are mandated to contribute to the fund based on the terms of the collective bargaining agreement. The Trust Fund exists to cater to the health and dental needs of its members.
What are the reviews and ratings of this charity?
The Warehouse Employees Local No 570 Trust Fund is not currently rated on Charity Navigator. This lack of a rating arises from the absence of necessary beacon scores in areas like Accountability & Finance or Impact & Measurement. The organization, not being a 501(c)(3) registered nonprofit, doesn't meet the evaluation criteria of Charity Navigator, which typically reviews entities eligible for tax-deductible contributions.
Historically, any ratings that may have been provided reflected mainly the organization's financial accountability. However, there is no available data on their total revenue and expenses, or the salaries of key persons, which are common transparency measures. The Trust Fund's intermediate status indicates its affiliation within a broader grouping of organizations, but doesn't clarify its specific operational impact or community engagement.
As there are no user reviews available on GreatNonprofits, insights from direct beneficiaries or engaging communities are absent. This makes it challenging to assess personal experiences related to the nonprofit's effectiveness or service quality from a public perspective.
This AI summary has been generated from information found on Charity Navigator.
Is Warehouse Employees Local No 570 Trust Fund legitimate?
Warehouse Employees Local No 570 Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Warehouse Employees Local No 570 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $217,755
For more financial information, click here
What is the mission statement of Warehouse Employees Local No 570 Trust Fund?
The Warehouse Employees Local No 570 Trust Fund is committed to providing health and dental benefits for covered employees. The organization's mission is to ensure that employees whose employers contribute to the fund in accordance with collective bargaining agreements, have access to these essential benefits. By offering robust health and dental coverage, the Trust Fund aims to enhance the overall well-being and quality of life for the covered workforce. The fund prioritizes the health and wellness of its members, making substantial contributions towards their healthcare expenses.
Who is the CEO of Warehouse Employees Local No 570 Trust Fund?
Sean Cedenio is the Trustee of Warehouse Employees Local No 570 Trust Fund.
What is the revenue of Warehouse Employees Local No 570 Trust Fund?
Warehouse Employees Local No 570 Trust Fund's revenue in 2022 was $19,375,202.
Who are the executives of Warehouse Employees Local No 570 Trust Fund and what are their salaries?
The average compensation at Warehouse Employees Local No 570 Trust Fund during 2022 was $43,551. There are 5 employees at Warehouse Employees Local No 570 Trust Fund.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $110,710
- Other: $17,292
- Compensation: $0
- Related: $103,252
- Other: $17,292
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Warehouse Employees Local No 570 Trust Fund?
Warehouse Employees Local No 570 Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Warehouse Employees Local No 570 Trust Fund
Warehouse Employees Local No 570 Trust Fund, a not-for-profit organization, is dedicated to extending health and dental benefits to its members. This trust fund serves as a crucial safety net for covered employees whose employers are contractually obligated to contribute to the fund through collective bargaining agreements. By doing so, the Trust Fund ensures that these employees have access to essential health and dental coverage.
In essence, the Trust Fund acts as a vital intermediary between employers and their employees, providing a comprehensive benefits package that enhances the overall wellbeing of the workforce. The organization's mission is rooted in its commitment to ensuring that eligible employees receive the health and dental care they need, enabling them to maintain good health and focus on their professional pursuits.
The Trust Fund operates under the terms of the collective bargaining agreements, guaranteeing that the employers make their required contributions. This dedication to providing crucial benefits for covered employees reaffirms the Trust Fund's role as a dependable partner for both employers and their workforce.
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Impact
October, 2024
Warehouse Employees Local No 570 Trust Fund plays a crucial role in enhancing the well-being of employees through the provision of health and dental benefits. By ensuring that covered employees receive essential healthcare services, the Trust Fund contributes to healthier workplaces and communities.
The fund is supported by employer contributions mandated by collective bargaining agreements, making it a vital resource for workers in Baltimore, MD. This initiative not only addresses the immediate healthcare needs of employees but also fosters stability and security in their personal lives, allowing them to focus on their jobs without the added stress of healthcare uncertainties.
Overall, the Trust Fund significantly impacts the lives of its members by promoting access to necessary health services, which in turn supports their families and strengthens the local workforce.
This information is meant to be a general summary of Warehouse Employees Local No 570 Trust 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: $2,013,248
- Program Service Revenue: $17,311,877
- Gross Receipts: $24,543,571
Assets and Liabilities:
- Total Assets: $32,295,634
- Total Liabilities: $120,287
- Net Assets: $32,175,347
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$17,135,298
PARTICIPANT CONTRIBUTIONS
Revenue
$176,579
Organization Details
Founding Year
1983
Phone
(410) 282-0510Principal Officer
Sean Cedenio
Main Address
1005 NORTH POINT BLVD 726, BALTIMORE, MD, 21224
NTEE Category
Code: Y20 - Mutual benefit
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