Overview
What is Teamsters And Food Employers Security Trust Fund?
The Teamsters and Food Employers Security Trust Fund is a nonprofit organization based in West Covina, California, at 1050 Lakes Drive Suite 120. Its primary purpose is to provide health and welfare benefits to union members whose employment is covered under collective bargaining agreements between the union and employers. The organization's mission focuses on ensuring these members receive essential benefits to enhance their wellbeing.
Is Teamsters And Food Employers Security Trust Fund legitimate?
Teamsters And Food Employers Security Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters And Food Employers Security 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.
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What is the mission statement of Teamsters And Food Employers Security Trust Fund?
The Teamsters And Food Employers Security Trust Fund focuses on providing health and welfare benefits to union members who are covered under collective bargaining agreements between the union and employers. The mission of this trust fund is geared towards ensuring the wellbeing of these members by granting them access to essential benefits. Through the collective bargaining process, the union and employers come to an agreement on the provision of these benefits to the members. The trust fund serves as a vital resource, delivering health and welfare coverage that enhances the quality of life for those who are part of the union.
Who is the CEO of Teamsters And Food Employers Security Trust Fund?
Rick Middleton is the Trustee of Teamsters And Food Employers Security Trust Fund.
What is the revenue of Teamsters And Food Employers Security Trust Fund?
Teamsters And Food Employers Security Trust Fund's revenue in 2022 was $136,995,545.
Who are the executives of Teamsters And Food Employers Security Trust Fund and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Teamsters And Food Employers Security Trust Fund?
Teamsters And Food Employers Security Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Teamsters And Food Employers Security Trust Fund
The Teamsters And Food Employers Security Trust Fund is a nonprofit organization dedicated to providing health and welfare benefits to members covered under collective bargaining agreements between unions and employers. Through these agreements, the Trust Fund extends essential services to its members, ensuring they have access to vital healthcare and wellbeing resources.
In essence, the Teamsters And Food Employers Security Trust Fund acts as a safety net for the organization's members, safeguarding their health and wellbeing through the collective bargaining power of the unions and employers. By pooling resources and working collaboratively, the Trust Fund offers a comprehensive range of benefits that are designed to enhance the lives of those it serves. These benefits extend beyond just healthcare, offering peace of mind and security to the members and their families.
The Teamsters And Food Employers Security Trust Fund is a critical resource for its members, leveraging the collective bargaining power of the unions and employers to secure valuable health and welfare benefits. By focusing on the wellbeing of its members, the organization plays a vital role in fostering a strong and healthy workforce, ultimately contributing to the success of the industries and communities it serves. Through its unwavering commitment to its mission, the Teamsters And Food Employers Security Trust Fund continues to make a positive impact on the lives of its members and their families.
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Impact
October, 2024
The Teamsters and Food Employers Security Trust Fund plays a crucial role in enhancing the health and welfare of union members by providing essential benefits that are a product of collective bargaining agreements between the union and employers. By ensuring access to comprehensive health benefits, the Trust Fund helps improve the overall quality of life for its members.
This support not only fosters financial security through health coverage but also enhances job satisfaction and employee loyalty within the food industry. Members can rely on medical, dental, and other welfare benefits, which are fundamental for addressing their personal and family health needs. The Trust Fund's impact extends beyond individual members, contributing to a healthier, more productive workforce while promoting stability and efficiency for employers as well. Overall, its commitment to mutual benefit demonstrates a significant influence on both employee well-being and employer responsibility.
This information is meant to be a general summary of Teamsters And Food Employers Security 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $373,634
- Program Service Revenue: $129,684,727
- Gross Receipts: $136,995,545
Assets and Liabilities:
- Total Assets: $61,363,473
- Total Liabilities: $9,727,562
- Net Assets: $51,635,911
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$123,640,741
RETIREE CONTRIBUTIONS
Revenue
$5,733,972
COBRA CONTRIBUTIONS
Revenue
$310,014
Organization Details
Founding Year
1950
Phone
(626) 646-1075Principal Officer
Rick Middleton
Main Address
1050 LAKES DRIVE SUITE 120, WEST COVINA, CA, 91790
NTEE Category
Code: Y40 - Mutual benefit
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