Overview
What is Construction Teamsters Security Fund For Southern California?
The Construction Teamsters Security Fund for Southern California is a multiemployer welfare benefit plan, based in Southern California. This nonprofit organization offers comprehensive health coverage to eligible participants and their dependents, including hospital, surgical, medical, vision, prescription drug, and dental benefits. Furthermore, retirees and their dependents also receive hospital, medical, and prescription benefits. The primary mission of this fund is to ensure the well-being of its members by providing essential health services.
Is Construction Teamsters Security Fund For Southern California legitimate?
Construction Teamsters Security Fund For Southern California is a legitimate nonprofit organization registered as a 501(c)(9) entity. Construction Teamsters Security Fund For Southern California 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 Construction Teamsters Security Fund For Southern California?
Construction Teamsters Security Fund for Southern California serves as a multiemployer welfare benefit plan, offering essential health benefits to eligible participants and their dependents. The plan extends its coverage to retirees and their dependents as well, providing hospital, medical, and prescription drug benefits. The primary goal of this fund is to ensure the wellbeing of its members, offering them access to comprehensive healthcare benefits. By providing a range of coverage options, this fund offers peace of mind and financial security to its participants, allowing them to focus on their daily lives and work.
Who is the CEO of Construction Teamsters Security Fund For Southern California?
Mike Bergen is the Labor Trustee of Construction Teamsters Security Fund For Southern California.
What is the revenue of Construction Teamsters Security Fund For Southern California?
Construction Teamsters Security Fund For Southern California's revenue in 2022 was $22,480,354.
Who are the executives of Construction Teamsters Security Fund For Southern California and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Construction Teamsters Security Fund For Southern California?
Construction Teamsters Security Fund For Southern California's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Construction Teamsters Security Fund For Southern California
Construction Teamsters Security Fund for Southern California serves as a vital safety net for eligible participants and their dependents, offering comprehensive healthcare benefits. This multiemployer welfare benefit plan provides essential medical, vision, prescription drug, and dental coverage. The organization extends its benefits not only to current members but also to retirees and their dependents. By doing so, it ensures that those in the construction industry have access to quality healthcare services when they need it the most. Through its extensive range of benefits, Construction Teamsters Security Fund for Southern California contributes significantly to the overall wellbeing of its members, providing peace of mind and security in the face of healthcare needs.
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Impact
October, 2024
The Construction Teamsters Security Fund for Southern California plays a significant role in supporting the health and welfare of construction workers and their families in the region. By providing comprehensive benefits, including hospital, surgical, medical, vision, prescription drug, and dental coverage, the fund ensures that eligible participants have access to essential healthcare services. This support extends to retirees and their dependents, reinforcing financial stability and well-being in later years.
The fund's impact is considerable, as it alleviates the financial burden associated with healthcare costs, facilitating a healthier workforce and contributing to improved quality of life. Furthermore, this multiemployer welfare benefit plan fosters a sense of community among members, promoting mutual aid and support within the construction industry. Ultimately, the Construction Teamsters Security Fund not only enhances individual health outcomes but also strengthens the overall resilience of the workforce in Southern California.
This information is meant to be a general summary of Construction Teamsters Security Fund For Southern California. 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: $604,107
- Program Service Revenue: $21,865,230
- Gross Receipts: $41,491,243
Assets and Liabilities:
- Total Assets: $42,141,659
- Total Liabilities: $9,000,592
- Net Assets: $33,141,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$20,956,482
PARTICIPANT CONTRIBUTIONS
Revenue
$908,748
Organization Details
Founding Year
1955
Phone
(626) 732-2150Principal Officer
Mike Bergen
Main Address
1325 N GRAND AVE STE 200, COVINA, CA, 91724
NTEE Category
Code: Y40 - Mutual benefit
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