Teamsters Managed Health Care Trust Fund

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

EIN: 943138272 ✦ Pleasanton, CA ✦ Designated as a 501(c)(9)

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Overview

What is Teamsters Managed Health Care Trust Fund?

The Teamsters Managed Health Care Trust Fund is a nonprofit organization based in Pleasanton, California. Their primary focus is to offer health and welfare benefits to eligible employees and their dependents. Through their mission, they strive to ensure that these individuals have access to essential benefits and services. Their activities encompass providing these necessary benefits in accordance with their description and mission statement.


Official website here: www.tmtfunds.org

What are the reviews and ratings of this charity?

The Teamsters Managed Health Care Trust Fund is not currently rated by Charity Navigator. The absence of a rating does not reflect positively or negatively on the organization, as ratings are derived from beacon scores, which are unavailable for non-501(c)(3) entities. Charity Navigator only evaluates nonprofits registered under the IRS’s 501(c)(3) status.

The organization historically might have been evaluated based on aspects similar to today's Accountability and Finance score. However, due to its non-501(c)(3) status, it cannot be assessed on Charity Navigator's current evaluation metrics like Leadership & Adaptability or Impact & Measurement.

Without user feedback from GreatNonprofits, there is limited public sentiment available to provide further insight into the organization's community impact or operational strengths. Therefore, direct user experiences and perceptions remain unreported in this context.


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

Is Teamsters Managed Health Care Trust Fund legitimate?

Teamsters Managed Health Care Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Managed Health Care Trust 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


Official website here: www.tmtfunds.org

What is the mission statement of Teamsters Managed Health Care Trust Fund?

The Teamsters Managed Health Care Trust Fund is committed to extending health and welfare benefits to eligible employees and their dependents. This organization prioritizes the wellbeing of its beneficiaries, ensuring they have access to essential health services and support. By providing these benefits, the Trust Fund aims to enhance the quality of life for those it serves. It strives to maintain a robust system that addresses the ever-evolving healthcare needs of its members. Additionally, it works towards fostering a comprehensive healthcare environment that promotes overall wellness and peace of mind.


Official website here: www.tmtfunds.org

Who is the CEO of Teamsters Managed Health Care Trust Fund?

Jim Beard is the Chairman of Teamsters Managed Health Care Trust Fund.


Official website here: www.tmtfunds.org

What is the revenue of Teamsters Managed Health Care Trust Fund?

Teamsters Managed Health Care Trust Fund's revenue in 2022 was $100,596,187.


Official website here: www.tmtfunds.org

Who are the executives of Teamsters Managed Health Care Trust Fund and what are their salaries?


Here are 6 key members and their salaries:


Jim Beard (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don E Garcia (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Heid (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Murphy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Efren Alarcon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
See Sch O For Compensation (Paid By Related Organizations)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tmtfunds.org

Where can I find the form 990 for Teamsters Managed Health Care Trust Fund?

Teamsters Managed Health Care Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tmtfunds.org

Learn more at the official website: www.tmtfunds.org

Mission Statement of Teamsters Managed Health Care Trust Fund

The Teamsters Managed Health Care Trust Fund is a dedicated organization that prioritizes the health and wellbeing of eligible employees and their dependents. Established with a clear mission, this Trust Fund focuses on delivering essential health and welfare benefits to those who are eligible.

In simple terms, the Trust Fund serves as a vital safety net, ensuring that its beneficiaries have access to crucial health and welfare benefits when they need them most. By providing these essential services, the organization strives to enhance the overall wellbeing of the individuals it serves, allowing them to focus on other aspects of their lives with peace of mind.

The Teamsters Managed Health Care Trust Fund's unwavering commitment to its mission is evident in its everyday operations. Through its various programs and services, the organization works tirelessly to address the healthcare needs of eligible employees and their families, offering them the support they require to maintain good health and overall wellbeing.

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Impact




October, 2024

The Teamsters Managed Health Care Trust Fund significantly impacts eligible employees and their dependents by providing essential health and welfare benefits. Based in Pleasanton, California, this fund ensures that members and their families have access to necessary healthcare services, which contributes to their overall well-being and quality of life. By alleviating healthcare costs, it allows employees to focus on their work without the stress of unaffordable medical expenses. The trust fund's mission fosters a healthier workforce, ultimately benefiting communities and acknowledging the value of mutual aid and support among workers and their families.




This information is meant to be a general summary of Teamsters Managed Health Care Trust 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.

Revenue
$100,596,187 (2022)
Expenses
$98,677,232 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $685,768
  • Program Service Revenue: $99,910,419
  • Gross Receipts: $100,596,187

Assets and Liabilities:

  • Total Assets: $34,014,005
  • Total Liabilities: $8,829,628
  • Net Assets: $25,184,377

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Programs

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

EMPLOYER Contributions

Revenue

$98,642,948

Participant Contributions

Revenue

$1,225,775

Liquidated Damages

Revenue

$41,696

Organization Details

Founding Year

1991

Principal Officer

Jim Beard

Main Address

PO BOX 757, PLEASANTON, CA, 945660075

NTEE Category

Code: Y40 - Mutual benefit

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