Race Track Employees Local 495

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

EIN: 956115963 ✦ Pasadena, CA ✦ Designated as a 501(c)(9)

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Overview

What is Race Track Employees Local 495?

Race Track Employees Local 495 is a nonprofit organization that prioritizes the well-being of its eligible members by offering comprehensive medical, dental, and vision benefits. This organization, dedicated to promoting health and wellness, strives to ensure that its participants have access to essential healthcare services. By providing these benefits, Race Track Employees Local 495 demonstrates its commitment to the well-being and overall health of its community.

Is Race Track Employees Local 495 legitimate?

Race Track Employees Local 495 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Race Track Employees Local 495 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 Race Track Employees Local 495?

Race Track Employees Local 495 is an organization that prioritizes the health and wellbeing of its eligible members. Their primary mission is to offer comprehensive medical, dental, and vision benefits to these participants. Through their programs, they strive to ensure that their members have access to essential healthcare services, thereby enhancing their overall quality of life. This commitment to providing comprehensive health benefits is a testament to the organization's dedication to its members' wellbeing.

Who is the CEO of Race Track Employees Local 495?

Damascus Castellanos is the Secretary of Race Track Employees Local 495.

What is the revenue of Race Track Employees Local 495?

Race Track Employees Local 495's revenue in 2023 was $812,207.

Who are the executives of Race Track Employees Local 495 and what are their salaries?


Here are 3 key members and their salaries:


Ken Walker (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damascus Castellanos (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Lennox (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Race Track Employees Local 495?

Race Track Employees Local 495's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Race Track Employees Local 495

Race Track Employees Local 495, as a nonprofit organization, is committed to providing essential medical, dental, and vision benefits to all eligible participants. This mission is carried out through various programs offered by the organization. By doing so, Race Track Employees Local 495 aims to contribute positively to the health and well-being of its participants, ensuring they have access to necessary healthcare services. The organization's commitment to this mission is a testament to its dedication to the individuals it serves, providing them with vital healthcare benefits.

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Impact




October, 2024

Race Track Employees Local 495 plays a vital role in enhancing the well-being of its members by providing essential medical, dental, and vision benefits to all eligible participants. By facilitating access to healthcare services, the organization ensures that workers in the racing industry can maintain their health and well-being, which in turn fosters a more productive workforce. This emphasis on comprehensive employee benefits not only supports individual and family health but also contributes to the overall stability of the racing community in Pasadena, CA. Through its programs, Race Track Employees Local 495 strengthens the mutual support and solidarity among its members, promoting a culture of care and responsiveness within the industry.




This information is meant to be a general summary of Race Track Employees Local 495. 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
$812,207 (2023)
Expenses
$565,355 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $55,218
  • Program Service Revenue: $756,989
  • Gross Receipts: $812,207

Assets and Liabilities:

  • Total Assets: $2,672,979
  • Total Liabilities: $12,449
  • Net Assets: $2,660,530

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Programs

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

Employers' Contributions

Revenue

$677,626

Retirees Contribution

Revenue

$79,363

Organization Details

Founding Year

1971

Principal Officer

Damascus Castellanos

Main Address

225 South Lake Avenue 1200, Pasadena, CA, 91101

NTEE Category

Code: Y40 - Mutual benefit

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