Overview
What is Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund?
Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund is a nonprofit organization committed to administering and providing health and welfare benefits to participants and their eligible dependents, as outlined in collective bargaining and participation agreements. The fund aims to cover the reasonable expenses related to the operation and administration of the organization, ensuring the provision of benefits as determined by its trustees.
Official website here: www.tjc83funds.org
Is Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund legitimate?
Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Joint Council No 83 Of Virginia Health & 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $148,589
Professional Fundraising Fees: $0
Other Salaries and Wages: $763,549
For more financial information, click here
Official website here: www.tjc83funds.org
What is the mission statement of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund?
The Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund is dedicated to providing health and welfare benefits to its participants and their beneficiaries, as determined by the fund's trustees. The organization aims to cover reasonable expenses related to the operation and administration of the fund. In essence, its mission is to administer and offer health and welfare benefits to eligible individuals covered by applicable collective bargaining and participation agreements. The fund strives to ensure the well-being of those it serves by managing and providing essential benefits.
Official website here: www.tjc83funds.org
Who is the CEO of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund?
James Smith is the Employer Trustee of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund.
Official website here: www.tjc83funds.org
What is the revenue of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund?
Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund's revenue in 2022 was $94,246,401.
Official website here: www.tjc83funds.org
Who are the executives of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund and what are their salaries?
Here are 8 key members and their salaries:
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- Other: $0
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- Related: $116,496
- Other: $55,576
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- Compensation: $45,065
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- Other: $8,478
- Compensation: $74,250
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- Other: $20,797
- Compensation: $0
- Related: $133,650
- Other: $56,506
Official website here: www.tjc83funds.org
Where can I find the form 990 for Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund?
Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tjc83funds.org
Learn more at the official website: www.tjc83funds.org
Mission Statement of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund
Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund is a nonprofit organization dedicated to providing health and welfare benefits to its participants and their beneficiaries. The Trustees of this fund determine the specific benefits to be offered. In addition to offering these essential benefits, the Fund also provides the necessary resources for covering the reasonable expenses associated with the fund's operation and administration.
In simple terms, the Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund serves as a vital safety net for its members. By administering and managing a comprehensive health and welfare benefits program, the organization ensures that those covered under applicable collective bargaining and participation agreements have access to essential services and support when they need it most. The Fund's mission goes beyond just offering benefits; it also focuses on providing the necessary means to effectively manage and operate the program, ensuring the sustainability and longevity of the benefits for its participants and their dependents.
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Impact
October, 2024
Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund plays a crucial role in enhancing the well-being of its participants and their beneficiaries by providing essential health and welfare benefits. By administering a range of health services and benefits, the fund supports individuals and families covered under collective bargaining and participation agreements, thus ensuring access to necessary medical care. This support alleviates financial burdens associated with healthcare, promoting healthier communities and improving overall quality of life.
Through efficient management and oversight by its trustees, the fund not only meets the immediate health needs of its members but also focuses on sustainable operational practices that ensure the long-term viability of these benefits. By defraying reasonable expenses tied to the fund's operation and administration, it creates a robust system that maintains the integrity and availability of healthcare access for those it serves.
In sum, the impact of Teamsters Joint Council No 83 Of Virginia Health & Welfare Fund is significant, as it fosters a sense of security for participants and their dependents, ultimately contributing to the betterment of their lives and wellbeing in the Richmond area and beyond.
This information is meant to be a general summary of Teamsters Joint Council No 83 Of Virginia Health & 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: $1,644,514
- Program Service Revenue: $88,869,882
- Gross Receipts: $94,429,560
Assets and Liabilities:
- Total Assets: $132,628,855
- Total Liabilities: $1,154,010
- Net Assets: $131,474,845
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT EMPLOYER CONTRIBUTION
Revenue
$87,216,960
VOLUNTARY EMPLOYEE CONTRIBUTION
Revenue
$1,652,922
Organization Details
Founding Year
1952
Phone
(804) 282-3131Principal Officer
James Smith
Main Address
8814 FARGO ROAD 200, RICHMOND, VA, 232294673
Website
www.tjc83funds.orgNTEE Category
Code: Y40 - Mutual benefit
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