Teamsters Miscellaneous Security Fund

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

EIN: 956060502 ✦ Pasadena, CA ✦ Designated as a 501(c)(9)

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Overview

What is Teamsters Miscellaneous Security Fund?

The Teamsters Miscellaneous Security Fund is a nonprofit organization based in Pasadena, California, with the address 225 South Lake Avenue 1200. Their primary mission is to provide eligible participants and their dependents with medical, death, mental health, and welfare benefits, as outlined in collective bargaining agreements. The Fund is dedicated to ensuring the well-being of those it serves through the offerings of essential benefits.

Is Teamsters Miscellaneous Security Fund legitimate?

Teamsters Miscellaneous Security Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teamsters Miscellaneous Security 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

What is the mission statement of Teamsters Miscellaneous Security Fund?

The Teamsters Miscellaneous Security Fund is committed to delivering medical, death, mental health, and welfare benefits to eligible participants and their dependents. This is carried out in accordance with the terms of collective bargaining agreements. The organization's primary goal is to ensure the well-being of its beneficiaries by providing essential benefits that cater to their diverse needs. Through these offerings, the Fund aims to enhance the overall quality of life for those it serves. Additionally, it is dedicated to maintaining a strong and supportive community for its members, addressing their health concerns and offering peace of mind during times of need.

Who is the CEO of Teamsters Miscellaneous Security Fund?

Felix Serna is the Secretary of Teamsters Miscellaneous Security Fund.

What is the revenue of Teamsters Miscellaneous Security Fund?

Teamsters Miscellaneous Security Fund's revenue in 2022 was $225,099,881.

Who are the executives of Teamsters Miscellaneous Security Fund and what are their salaries?


Here are 14 key members and their salaries:


Mike Bergen (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Griswold (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Lauer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Pharris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Ontiveros (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Harren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Silk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felix Serna (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Ewing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Haruki (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Seamans Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Whitmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Sheridan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Warren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Teamsters Miscellaneous Security Fund?

Teamsters Miscellaneous Security Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Teamsters Miscellaneous Security Fund

Teamsters Miscellaneous Security Fund, a nonprofit organization, is dedicated to providing eligible participants and their dependents with essential medical, death, mental health, and welfare benefits as outlined in collective bargaining agreements. Through its mission, the Fund extends vital support, ensuring access to crucial services that safeguard the wellbeing of its members and their families.

The Fund's purpose lies in the fulfillment of commitments made between employers and labor unions. By offering comprehensive benefits, the organization fosters improved health and peace of mind for the eligible population. The medical benefits cover various aspects of healthcare, ensuring that participants have access to necessary treatments and preventative care. Moreover, the provision of mental health benefits adds another layer of support, addressing the emotional and psychological needs of the members. Additionally, death and welfare benefits offer financial security during challenging times, providing a safety net for those in need.

Teamsters Miscellaneous Security Fund plays a pivotal role in upholding the promises made through collective bargaining agreements. By delivering on these commitments, the organization strengthens the bonds between employers, labor unions, and the workforce. The provision of these benefits not only enhances the quality of life for members but also fosters a more productive and engaged workforce. Ultimately, the Fund's mission contributes to fostering a more equitable and supportive society, where the needs of its members are prioritized and addressed.

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Impact




October, 2024

Teamsters Miscellaneous Security Fund plays a crucial role in ensuring the well-being of eligible participants and their dependents by providing essential medical, death, mental health, and welfare benefits. By aligning its services with collective bargaining agreements, the Fund enhances the quality of life for its members, addressing their diverse needs during challenging times. This support fosters a sense of security and stability, enabling individuals and families to focus on their health and personal challenges without the added burden of financial stress related to medical and welfare issues. Ultimately, Teamsters Miscellaneous Security Fund helps build a healthier and more resilient community.




This information is meant to be a general summary of Teamsters Miscellaneous Security 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
$225,099,881 (2022)
Expenses
$212,628,228 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,350,567
  • Program Service Revenue: $235,667,321
  • Gross Receipts: $225,099,881

Assets and Liabilities:

  • Total Assets: $246,728,651
  • Total Liabilities: $18,706,890
  • Net Assets: $228,021,761

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$229,532,873

PARTICIPANT SELF-PAYMENTS

Revenue

$6,134,448

Organization Details

Principal Officer

Felix Serna

Main Address

225 SOUTH LAKE AVENUE 1200, PASADENA, CA, 91101

NTEE Category

Code: Y40 - Mutual benefit

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