Teamsters Local 1932 Health And Welfare Trust

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

EIN: 847018438 ✦ San bernardino, CA ✦ Designated as a 501(c)(9)

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Overview

What is Teamsters Local 1932 Health And Welfare Trust?

Teamsters Local 1932 Health and Welfare Trust is a nonprofit organization based in San Bernardino, California. Their primary mission is to offer insurance coverage to participants and their families, with the funding coming from contributions made by the county of San Bernardino. Their purpose is to ensure that those involved have access to essential healthcare benefits.

Is Teamsters Local 1932 Health And Welfare Trust legitimate?

Teamsters Local 1932 Health And Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Local 1932 Health And Welfare 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 Local 1932 Health And Welfare Trust?

The Teamsters Local 1932 Health and Welfare Trust is committed to delivering insurance coverage to its participants and their family members. This mission is made possible through regular contributions paid by the county of San Bernardino. The trust's primary goal is to ensure that those it serves have access to essential health insurance benefits. By securing these contributions, the trust is able to provide comprehensive coverage, offering peace of mind to its members. In doing so, it plays a vital role in safeguarding the health and wellbeing of the individuals it serves. Additionally, the trust may offer various plans and options to cater to the diverse needs of its participants.

What is the revenue of Teamsters Local 1932 Health And Welfare Trust?

Teamsters Local 1932 Health And Welfare Trust's revenue in 2024 was $95,177,670.

Who are the executives of Teamsters Local 1932 Health And Welfare Trust and what are their salaries?

Here are 4 key members and their salaries:


Randy Korgan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Brennan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Fiorino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Gonzalez (Trustee - Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Teamsters Local 1932 Health And Welfare Trust?

Teamsters Local 1932 Health And Welfare Trust's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Teamsters Local 1932 Health And Welfare Trust

Teamsters Local 1932 Health and Welfare Trust is a non-profit organization dedicated to providing insurance coverage for its participants and their family members. The Trust's primary mission is to ensure that those enrolled in its program have access to essential health benefits using funds contributed by the county of San Bernardino.

In simple terms, the Trust serves as a safety net for individuals and their loved ones, offering them peace of mind during times of medical need. By pooling resources from the county, the Trust is able to offer comprehensive insurance plans that cater to various health requirements, making healthcare more accessible and affordable for its members.

The organization's unwavering commitment to its mission extends beyond just offering insurance coverage. It strives to maintain a high standard of health and wellbeing for its members, thereby contributing to their overall quality of life. By providing insurance coverage, the Trust aims to alleviate the financial burden often associated with healthcare expenses and enable its members to focus on their health and recovery.

The Trust's work is instrumental in ensuring that those who are part of the county's workforce have access to vital healthcare services. Its mission to provide insurance coverage to participants and their family members not only benefits the individuals directly but also has a positive ripple effect on their families and communities. In essence, the Teamsters Local 1932 Health and Welfare Trust functions as a crucial partner in the county's efforts to prioritize the wellbeing of its residents.

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Impact




October, 2024

Teamsters Local 1932 Health And Welfare Trust significantly impacts the lives of its participants and their families by providing essential insurance coverage. This service is made possible through contributions paid by the county of San Bernardino, ensuring that members have access to vital healthcare resources. By offering insurance benefits, the Trust enhances the well-being and financial security of workers and their dependents, helping them navigate health-related challenges with greater ease. The organization's commitment to mutual benefit fosters a supportive community, ultimately contributing to a healthier workforce in the region.




This information is meant to be a general summary of Teamsters Local 1932 Health And Welfare 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.

Revenue
$95,177,670 (2024)
Expenses
$79,723,429 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,242,077
  • Program Service Revenue: $93,935,593
  • Gross Receipts: $95,177,670

Assets and Liabilities:

  • Total Assets: $9,230,503
  • Total Liabilities: $4,887,221
  • Net Assets: $4,343,282

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Programs

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

COUNTY CONTRIBUTIONS

Revenue

$67,188,979

PARTICIPANT CONTRIBUTIONS

Revenue

$26,396,527

COBRA & SELF-PAY CONTRIBUTIONS

Revenue

$350,087

Organization Details

Founding Year

2020

Principal Officer

Randy Korgan

NTEE Category

Code: Y40 - Mutual benefit

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