Washington Teamsters Welfare Trust

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

EIN: 916034673 ✦ Seattle, WA ✦ Designated as a 501(c)(9)

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Overview

What is Washington Teamsters Welfare Trust?

The Washington Teamsters Welfare Trust is a nonprofit organization located in Seattle, Washington, with the address 2323 Eastlake Ave E, ZIP code 98102. Its primary mission is to extend health and welfare benefits to eligible participants, which comprise of actively employed individuals from participating employers. By offering these essential benefits, the Trust aims to enhance the well-being of its members and support their overall health.

What are the reviews and ratings of this charity?

Washington Teamsters Welfare Trust is not currently rated by Charity Navigator because it is not registered as a 501(c)(3) nonprofit organization. Charity Navigator evaluates organizations based on various criteria such as Accountability & Finance and Impact & Measurement, but due to its non-501(c)(3) status, a formal rating cannot be provided for the Trust. The absence of a rating is not indicative of the organization’s performance; it simply reflects the limitations of the rating criteria.

The organization is recognized as an independent entity, not affiliated with other organizations or as an auxiliary. Without the typical financial data available such as total revenue, expenses, or key personnel salaries, Charity Navigator is unable to evaluate this organization against its usual benchmarks. The organization’s financial transparency, leadership adaptability, and community impact remain unassessed due to these constraints.

There are no user reviews from GreatNonprofits regarding Washington Teamsters Welfare Trust, meaning community feedback and personal experiences with the organization are currently unavailable. Without external evaluations, individuals seeking information about the organization may need to explore other resources or direct communication with the Trust for a more comprehensive understanding of its operations and impact.


This AI summary has been generated from information found on Charity Navigator.

Is Washington Teamsters Welfare Trust legitimate?

Washington Teamsters Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Washington 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.


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 Washington Teamsters Welfare Trust?

The Washington Teamsters Welfare Trust is dedicated to extending health and welfare benefits to eligible participants. Eligible individuals encompass active employees of participating employers. This organization's primary mission revolves around providing essential benefits to support the well-being of these individuals. By offering these benefits, the Trust aims to enhance the overall quality of life for its participants. Through the provision of comprehensive health services and various welfare programs, the Trust prioritizes the well-being of its constituents. The Trust's commitment to its mission is unwavering, ensuring that eligible employees have access to the resources they need to thrive.

Who is the CEO of Washington Teamsters Welfare Trust?

Rick Hicks is the Trustee of Washington Teamsters Welfare Trust.

What is the revenue of Washington Teamsters Welfare Trust?

Washington Teamsters Welfare Trust's revenue in 2022 was $357,869,070.

Who are the executives of Washington Teamsters Welfare Trust and what are their salaries?


Here are 20 key members and their salaries:


Randy Zeiler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry D'Ambrosio (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Blaisdell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Klitzke Powers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
H L Ravenscraft (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Person (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Hicks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Ewing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Scarsella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Scearcy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Crouch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Shjerven (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Kantak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Decosmo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Bob Mcdonald (Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Chandler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sullivan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Seehafer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Fuller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Val Holstrom (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Washington Teamsters Welfare Trust?

Washington Teamsters Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Washington Teamsters Welfare Trust

The Washington Teamsters Welfare Trust is a dedicated organization that extends health and welfare benefits to eligible participants. These beneficiaries are primarily active employees of participating employers. The Trust's primary objective is to ensure the wellbeing of its members by providing essential health and welfare benefits.

By offering these vital services, the Washington Teamsters Welfare Trust aims to enhance the lives of its members, allowing them to focus on their work and personal lives without the added stress of health concerns. The Trust's unwavering commitment to its participants is evident in its mission to provide comprehensive benefits that cater to their diverse needs.

Furthermore, the Trust plays a crucial role in supporting the wellbeing of active employees by offering them access to essential healthcare services and various welfare programs. By doing so, the organization enables its members to maintain their health and overall well-being, ensuring they can continue to contribute to their workplaces and the broader community.

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Impact




October, 2024

Washington Teamsters Welfare Trust plays a crucial role in supporting the health and welfare of eligible participants, which primarily includes active employees of participating employers. By providing comprehensive health and welfare benefits, the Trust helps ensure that these individuals have access to necessary medical care, preventive services, and other essential health resources. This support not only enhances the well-being of the employees but also contributes to the overall productivity and job satisfaction within the workforce. Located in Seattle, WA, the Trust's mission is centered on fostering mutual benefit, reflecting a commitment to the health security of workers and their families within the community.




This information is meant to be a general summary of Washington 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.

Revenue
$357,869,070 (2022)
Expenses
$324,164,987 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,175,788
  • Program Service Revenue: $352,188,688
  • Gross Receipts: $512,790,110

Assets and Liabilities:

  • Total Assets: $326,699,682
  • Total Liabilities: $108,523,389
  • Net Assets: $218,176,293

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$351,035,753

COBRA CONTRIBUTIONS

Revenue

$1,152,935

Organization Details

Founding Year

1958

Principal Officer

Rick Hicks

Main Address

2323 EASTLAKE AVE E, SEATTLE, WA, 98102

NTEE Category

Code: Y40 - Mutual benefit

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