Overview
What is Oregon Teamster Employers Trust?
Oregon Teamster Employers Trust is a nonprofit organization based in Portland, Oregon. Their primary mission is to provide comprehensive benefits, including health, dental, vision, and life insurance, to eligible participants in this multi-employer plan. By doing so, they aim to improve the overall wellbeing of the individuals involved. Their activities are centered around extending essential benefits and enhancing the quality of life for those enrolled in this trust.
What are the reviews and ratings of this charity?
The Oregon Teamster Employers Trust is not currently rated by Charity Navigator. This lack of rating reflects the organization's status and structure, rather than an assessment of their impact or financial health. The absence of an Accountability & Finance beacon and an Impact & Measurement beacon means that there is insufficient data for a comprehensive rating. Charity Navigator predominantly evaluates organizations registered as 501(c)(3), which does not apply to this Trust.
Without specific financial data or a formal evaluation, insights into the Trust's operations, revenue, expenses, and executive compensation remain unclear. The historical approach to rating relied on aspects similar to the present Accountability and Finance score but without detailed insights into other factors like Leadership, Culture, Community, Impact, and Adaptability. The organization's independence status is confirmed, indicating that it operates autonomously from other entities.
As no user reviews are available on GreatNonprofits, additional anecdotal insights into the public's experience with the organization are not accessible. Overall, without further information and formal evaluations, it's challenging to provide a complete picture of the Trust's effectiveness or community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Oregon Teamster Employers Trust legitimate?
Oregon Teamster Employers Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Oregon Teamster Employers 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 Oregon Teamster Employers Trust?
The Oregon Teamster Employers Trust is committed to extending health, dental, vision, life insurance, and various other benefits to eligible participants in this multi-employer plan. Their primary objective is to enhance the well-being and overall health of the participants under this scheme. By offering these essential benefits, they aim to ensure that participants receive comprehensive coverage for their wellness needs. The Trust serves as a vital resource for eligible individuals, providing them with essential services to maintain their health and quality of life. Through this multi-employer plan, they seek to foster a healthier and more secure community for the participants and their dependents.
Who is the CEO of Oregon Teamster Employers Trust?
Mark Davison is the Trustee of Oregon Teamster Employers Trust.
What is the revenue of Oregon Teamster Employers Trust?
Oregon Teamster Employers Trust's revenue in 2022 was $219,952,619.
Who are the executives of Oregon Teamster Employers Trust and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Oregon Teamster Employers Trust?
Oregon Teamster Employers Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oregon Teamster Employers Trust
Oregon Teamster Employers Trust, a multi-employer plan, is committed to extending health, dental, vision, life insurance, and other essential benefits to eligible participants and their dependents. By pooling resources from various employers, this organization ensures that a comprehensive package of benefits is accessible to a large and diverse group of individuals.
The mission of Oregon Teamster Employers Trust is to deliver vital health-related services, enhancing the overall well-being of its members. Through this plan, the Trust empowers participating employers to extend valuable benefits packages to their employees, fostering a more competitive labor market and ultimately contributing to the overall economic prosperity of the community.
By providing access to a range of benefits, Oregon Teamster Employers Trust plays a crucial role in securing the health and financial stability of its members. The organization's services not only meet the fundamental needs of its participants but also help to alleviate the burden of managing health and insurance concerns, allowing individuals to focus on their personal and professional growth. With a steadfast dedication to its cause, Oregon Teamster Employers Trust continues to make a significant impact on the lives of those it serves.
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Impact
October, 2024
Oregon Teamster Employers Trust significantly impacts the health and well-being of its participants and their eligible dependents by offering a comprehensive range of benefits. The trust provides essential health coverage, including medical, dental, and vision care, ensuring that members have access to necessary medical services. Additionally, life insurance and other benefits enhance financial security for participants and their families.
By operating as a multiemployer plan, Oregon Teamster Employers Trust fosters collaboration among various employers, creating a robust support system for workers in the region. This model not only improves individual health outcomes but also contributes to overall workforce stability and productivity in the local economy. The trust's mission aligns with mutual benefit principles, as it prioritizes the welfare of its members, promoting healthier communities and better quality of life for participants across Portland and beyond.
This information is meant to be a general summary of Oregon Teamster Employers 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: -$2,642,530
- Program Service Revenue: $222,595,149
- Gross Receipts: $453,594,674
Assets and Liabilities:
- Total Assets: $202,883,982
- Total Liabilities: $45,497,473
- Net Assets: $157,386,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$208,604,091
Participant Contributions
Revenue
$5,432,369
Prescription & Vision Rebates
Revenue
$7,512,256
HRA Contributions
Revenue
$1,039,377
Experience Refund
Revenue
$7,056
Organization Details
Founding Year
1957
Phone
(503) 282-5581Principal Officer
Mark Davison
Main Address
PO BOX 4148, PORTLAND, OR, 972084148
NTEE Category
Code: Y40 - Mutual benefit
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