Overview
What is Teamsters Retiree Trust?
Teamsters Retiree Trust is a nonprofit organization situated in Stockton, California. Their primary mission is to extend health and welfare benefits to retired employees and their dependents. By offering these essential services, they aim to ensure the well-being of retirees, providing them with peace of mind and financial security in their post-employment years. With a single employee committed to this cause, Teamsters Retiree Trust continues to make a significant impact on the lives of its beneficiaries.
What are the reviews and ratings of this charity?
The Teamsters Retiree Trust is currently not rated by Charity Navigator. Nonprofits are generally assessed based on Accountability & Finance and Impact & Measurement, among other factors, but this organization does not meet the criteria for these evaluations. Specifically, they are not registered as a 501(c)(3) with the IRS, which is a prerequisite for receiving a rating from Charity Navigator.
The lack of a Charity Navigator rating neither indicates positive nor negative aspects about the organization; it simply means they have yet to undergo evaluation. Historical ratings were largely based on financial accountability, but current data on their financial health and key salary information is not available due to the absence of electronically-filed Form 990 data in the past six years.
There are no user reviews available on GreatNonprofits for Teamsters Retiree Trust, which means there's limited public sentiment accessible for analysis. The absence of user feedback means it's challenging to gauge community impact and reputation based on public opinion.
This AI summary has been generated from information found on Charity Navigator.
Is Teamsters Retiree Trust legitimate?
Teamsters Retiree Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Retiree Trust 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 Teamsters Retiree Trust?
The Teamsters Retiree Trust is dedicated to offering health and welfare benefits for retired employees and their dependents. Through its mission, the Trust aims to ensure the well-being of retirees by providing essential services and support. The Trust's activities focus on delivering comprehensive benefits packages tailored to the needs of its members. By offering these benefits, the Trust strives to enhance the quality of life for retired employees, providing them with peace of mind and security during their golden years. The organization is committed to its mission, consistently seeking ways to improve and expand its offerings to better serve its community.
Who is the CEO of Teamsters Retiree Trust?
Dave Hawley is the Co-Chair of Teamsters Retiree Trust.
What is the revenue of Teamsters Retiree Trust?
Teamsters Retiree Trust's revenue in 2022 was $35,907,870.
Who are the executives of Teamsters Retiree Trust and what are their salaries?
There is 1 employee at Teamsters Retiree Trust.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Teamsters Retiree Trust?
Teamsters Retiree Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Teamsters Retiree Trust
The Teamsters Retiree Trust is a dedicated organization committed to delivering health and welfare benefits to retired employees and their dependents. Established with a clear mission, this trust works tirelessly to ensure the wellbeing of those who have spent their careers in employment covered under the Trust.
In the third person perspective, the Teamsters Retiree Trust takes pride in its role as a provider of essential benefits to those deserving of rest and relaxation in their post-employment years. This mission is carried out through a range of offerings, all aimed at enhancing the quality of life for its beneficiaries. The organization's dedication can be seen in its provision of comprehensive health and welfare services that cater to the needs of retired employees and their dependents.
By focusing on the delivery of crucial benefits, the Teamsters Retiree Trust plays an integral role in providing peace of mind and security to its members. With a steadfast commitment to its cause, the Trust continues to make a significant difference in the lives of retired employees and their families, ensuring that they can enjoy their golden years with the confidence that comes from knowing their essential needs are being met.
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Impact
October, 2024
Teamsters Retiree Trust plays a significant role in supporting retired employees and their dependents by providing essential health and welfare benefits. By focusing on the well-being of retirees, the Trust helps ensure they have access to necessary medical services and resources, which can greatly enhance their quality of life. Located in Stockton, California, the organization is dedicated to fulfilling its mission of delivering critical benefits, thereby alleviating financial burdens associated with healthcare. This commitment not only supports individual retirees but also fosters a sense of community and mutual benefit among those who have dedicated their lives to the workforce.
This information is meant to be a general summary of Teamsters Retiree Trust. 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: $286,905
- Program Service Revenue: $35,620,965
- Gross Receipts: $40,887,421
Assets and Liabilities:
- Total Assets: $18,179,816
- Total Liabilities: $4,136,494
- Net Assets: $14,043,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESERVE SUBSIDY
Revenue
$15,554,333
ACTIVE SUBSIDY
Revenue
$9,711,530
RETIREE & EMPLOYER CONTRIBUTIONS
Revenue
$8,851,557
DRUG REBATE
Revenue
$889,827
STOP-LOSS REIMBURSEMENT
Revenue
$490,275
Organization Details
Founding Year
1993
Phone
(209) 948-8483Principal Officer
Dave Hawley
Main Address
PO BOX 2300, STOCKTON, CA, 95201
NTEE Category
Code: Y40 - Mutual benefit
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