Overview
What is Western Teamsters Welfare Trust?
Western Teamsters Welfare Trust is a nonprofit organization based in Pasadena, California, specifically located at 225 S Lake Ave, Suite 1200. Their primary mission is to extend health and welfare benefits to eligible participants, which encompasses both active and casual employees of participating employers and eligible retirees. By providing these crucial services, the Trust aims to enhance the well-being and quality of life for those it serves.
Is Western Teamsters Welfare Trust legitimate?
Western Teamsters Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Western Teamsters 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.
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What is the mission statement of Western Teamsters Welfare Trust?
The Western Teamsters Welfare Trust is dedicated to extending health and welfare benefits to eligible participants. Eligible individuals include active and casual employees of participating employers and eligible retirees. The Trust's primary goal is to ensure these individuals receive crucial benefits essential for their wellbeing. The organization's commitment extends beyond employment, providing support for retirees as well. By offering these advantages, the Western Teamsters Welfare Trust aims to enhance the quality of life for its beneficiaries.
Who is the CEO of Western Teamsters Welfare Trust?
Bob Paffenroth is the Trustee of Western Teamsters Welfare Trust.
What is the revenue of Western Teamsters Welfare Trust?
Western Teamsters Welfare Trust's revenue in 2022 was $161,721,868.
Who are the executives of Western Teamsters Welfare Trust and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Western Teamsters Welfare Trust?
Western Teamsters Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Western Teamsters Welfare Trust
The Western Teamsters Welfare Trust is a nonprofit organization dedicated to extending health and welfare benefits to eligible participants. This encompasses not only active and casual employees of participating employers but also eligible retirees. The Trust's primary goal is to ensure the well-being of those it serves, offering them essential benefits to enhance their overall quality of life.
Through its mission, the Western Teamsters Welfare Trust steps in to provide a safety net for those who require support. It is an essential lifeline for individuals who may face challenges in accessing critical health and welfare services. The Trust's commitment to its participants is unwavering, extending a helping hand to those who need it most.
By offering health and welfare benefits, the Western Teamsters Welfare Trust plays a pivotal role in promoting the well-being of its participants. It empowers them to focus on their personal growth, knowing that they have access to the resources they need to maintain their health and well-being. With this support, the Trust enables its participants to confront life's challenges with confidence, knowing that they are not alone in their journey.
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Impact
October, 2024
Western Teamsters Welfare Trust significantly enhances the well-being of eligible participants by providing essential health and welfare benefits. This impact extends to active and casual employees of participating employers as well as eligible retirees, ensuring that they have access to healthcare services and support during critical times. Located in Pasadena, CA, the Trust plays a vital role in promoting the health and security of its members, helping them navigate the complexities of healthcare, and contributing to their overall quality of life. Through its commitment to mutual benefit, the Trust fosters a sense of community and solidarity among workers and their families, ultimately improving the workforce's productivity and resilience.
This information is meant to be a general summary of Western Teamsters 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,076,265
- Program Service Revenue: $152,341,782
- Gross Receipts: $240,484,002
Assets and Liabilities:
- Total Assets: $178,197,091
- Total Liabilities: $36,298,487
- Net Assets: $141,898,604
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$141,668,129
RETIREE CONTRIBUTIONS
Revenue
$10,428,610
COBRA
Revenue
$245,043
Organization Details
Founding Year
1962
Phone
(626) 463-6041Principal Officer
Bob Paffenroth
Main Address
225 S LAKE AVE STE 1200, PASADENA, CA, 91101
NTEE Category
Code: Y40 - Mutual benefit
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