Overview
What is Utah-Idaho Teamsters Security Fund?
The Utah-Idaho Teamsters Security Fund is a Taft-Hartley multi-employer trust, which means it is a collectively bargained welfare benefit organization exempt under IRC 501(c)(9). The primary purpose of this nonprofit is to offer health and welfare benefits to eligible participants residing in Utah and Idaho. It functions as a Taft-Hartley welfare benefit plan, ensuring better healthcare coverage for the labor community within these two states.
Is Utah-Idaho Teamsters Security Fund legitimate?
Utah-Idaho Teamsters Security Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Utah-Idaho Teamsters Security 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: $0
For more financial information, click here
What is the mission statement of Utah-Idaho Teamsters Security Fund?
The Utah-Idaho Teamsters Security Fund operates as a Taft-Hartley multi-employer collectively bargained welfare benefit trust, granted tax-exempt status under IRC 501(c)(9). Its primary function is to extend health and welfare benefits to eligible participants in Utah and Idaho. The organization adheres to the principles of a Taft-Hartley welfare benefit plan.
What is the revenue of Utah-Idaho Teamsters Security Fund?
Utah-Idaho Teamsters Security Fund's revenue in 2024 was $59,582,095.
Who are the executives of Utah-Idaho Teamsters Security Fund and what are their salaries?
There are 187 employees at Utah-Idaho Teamsters Security Fund.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Utah-Idaho Teamsters Security Fund?
Utah-Idaho Teamsters Security Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Utah-Idaho Teamsters Security Fund
The Utah-Idaho Teamsters Security Fund is a multiemployer trust that adheres to collectively bargained agreements within the Taft-Hartley act. Exempted under IRC 501(c)(9), this organization extends health and welfare benefits to eligible participants residing in Utah and Idaho. In simple terms, the Utah-Idaho Teamsters Security Fund serves as a Taft-Hartley welfare benefit plan that caters to the health and wellbeing needs of its covered members in these two states.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Utah-Idaho Teamsters Security Fund plays a vital role in the well-being of its participants by offering essential health and welfare benefits to workers in Utah and Idaho. Operating as a Taft-Hartley multi-employer collectively bargained welfare benefit trust, it provides a safety net for covered participants, ensuring access to necessary medical care and support services. This structure not only enhances the quality of life for workers and their families but also contributes to the stability and productivity of the workforce in the region. By pooling resources from multiple employers, the fund can negotiate better benefits, reduce costs, and enable member organizations to attract and retain talent, ultimately supporting economic growth in the area.
This information is meant to be a general summary of Utah-Idaho Teamsters Security 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 2024.
- Investment Income: $1,843,413
- Program Service Revenue: $60,939,645
- Gross Receipts: $148,927,767
Assets and Liabilities:
- Total Assets: $66,405,330
- Total Liabilities: $180,041
- Net Assets: $66,225,289
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$60,887,312
PARTICIPANT CONTRIBUTIONS
Revenue
$52,333
Organization Details
Founding Year
1956
Principal Officer
Dave Anderson
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Utah-Idaho Teamsters Security Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.