Overview
What is Atu Local 256 Retiree Health & Welfare?
Atu Local 256 Retiree Health & Welfare is a nonprofit organization situated in Sacramento, California, with the primary mission of serving as a trustee for union dues collected from members. This organization acts as a fiduciary, ensuring the funds are safeguarded until they are distributed as retirement benefits to the union members. The organization's role is crucial in managing the financial well-being of these retirees, demonstrating their commitment to union members' post-career livelihoods.
Official website here: www.atu256.org
Is Atu Local 256 Retiree Health & Welfare legitimate?
Atu Local 256 Retiree Health & Welfare is a legitimate nonprofit organization registered as a 501(c)(9) entity. Atu Local 256 Retiree Health & Welfare 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
Official website here: www.atu256.org
What is the mission statement of Atu Local 256 Retiree Health & Welfare?
Atu Local 256 Retiree Health & Welfare serves as a trustworthy custodian, responsible for collecting union dues from its members. Its primary role is to safeguard these funds until they are disseminated to the retirees as their rightful union benefits. The organization's mission is centered around ensuring the financial well-being of its retired members by acting as a reliable steward of their union dues. This role involves meticulously managing and dispersing the funds in accordance with the union benefits, thereby maintaining the financial security of the retirees.
Official website here: www.atu256.org
Who is the CEO of Atu Local 256 Retiree Health & Welfare?
Lee Scott is the President of Atu Local 256 Retiree Health & Welfare.
Official website here: www.atu256.org
What is the revenue of Atu Local 256 Retiree Health & Welfare?
Atu Local 256 Retiree Health & Welfare's revenue in 2022 was $939,676.
Official website here: www.atu256.org
Who are the executives of Atu Local 256 Retiree Health & Welfare and what are their salaries?
There 4 volunteers at Atu Local 256 Retiree Health & Welfare.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.atu256.org
Where can I find the form 990 for Atu Local 256 Retiree Health & Welfare?
Atu Local 256 Retiree Health & Welfare's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.atu256.org
Learn more at the official website: www.atu256.org
Mission Statement of Atu Local 256 Retiree Health & Welfare
Atu Local 256 Retiree Health & Welfare serves as a trustworthy custodian, responsible for managing the dues collected from union members. This organization holds these funds in trust until it is time to distribute them as union benefits to the retirees. In essence, Atu Local 256 Retiree Health & Welfare acts as a fiduciary, ensuring that the financial contributions of union members are utilized appropriately for their intended retirement benefits.
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Impact
October, 2024
ATU Local 256 Retiree Health & Welfare plays a crucial role in providing financial security to retired union members. By acting as a fiduciary, the organization responsibly holds dues collected from current members and ensures that these funds are distributed as union benefits to retirees. This process not only supports the health and welfare of retired members but also fosters a sense of community and mutual benefit within the union.
Based in Sacramento, CA, the organization is dedicated to safeguarding the interests of its retirees, ensuring that they receive the benefits they have earned through their years of service. By managing these funds effectively, ATU Local 256 contributes to the overall well-being of its retired members, helping them navigate the challenges that often come with retirement. The organization's commitment to its members underscores the importance of solidarity and support within the union, reinforcing the values of care and mutual assistance among its members.
This information is meant to be a general summary of Atu Local 256 Retiree Health & Welfare. 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: $42,140
- Gross Receipts: $8,949,289
Assets and Liabilities:
- Total Assets: $15,570,037
- Total Liabilities: $0
- Net Assets: $15,570,037
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Organization Details
Founding Year
1994
Phone
(916) 739-1627Principal Officer
Lee Scott
Main Address
2776 21ST ST, SACRAMENTO, CA, 95818
Website
www.atu256.orgNTEE Category
Code: Y40 - Mutual benefit
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