Overview
What is Transportation Comms Int'L Union-Lamta H&W Trust Fund?
The Transportation Comms Int'l Union-LAMTA H&W Trust Fund is a fraternal beneficiary society and voluntary employee association based in Los Angeles, California. It offers health benefits to employees of the Transportation Communications International Union - Los Angeles Metropolitan Transportation Authority through monthly contributions from the authority. This nonprofit organization functions as a safety net, ensuring employees have access to essential healthcare services.
Is Transportation Comms Int'L Union-Lamta H&W Trust Fund legitimate?
Transportation Comms Int'L Union-Lamta H&W Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Transportation Comms Int'L Union-Lamta H&W 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 Transportation Comms Int'L Union-Lamta H&W Trust Fund?
The Transportation Comms Int'l Union-LAMTA H&W Trust Fund functions as a fraternal beneficiary society and voluntary employee association. Its primary goal is to offer health benefits to employees affiliated with the Transportation Communications International Union and the Los Angeles Metropolitan Transportation Authority. The organization's funding comes from monthly contributions made by the Authority. By providing health benefits, the Trust Fund aims to support and enhance the well-being of those it serves.
What is the revenue of Transportation Comms Int'L Union-Lamta H&W Trust Fund?
Transportation Comms Int'L Union-Lamta H&W Trust Fund's revenue in 2024 was $23,388,295.
Who are the executives of Transportation Comms Int'L Union-Lamta H&W 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 Transportation Comms Int'L Union-Lamta H&W Trust Fund?
Transportation Comms Int'L Union-Lamta H&W Trust Fund's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Transportation Comms Int'L Union-Lamta H&W Trust Fund
The Transportation Comms Int'L Union-LAMTA H&W Trust Fund, a fraternal beneficiary society and voluntary employee association based in Los Angeles, California, is dedicated to enhancing the health and wellbeing of employees of the Transportation Communications International Union - Los Angeles Metropolitan Transportation Authority. Operating as a charitable organization, it offers health benefits to its members through monthly contributions made by the Authority. In essence, the Trust Fund functions as a health insurance provider for the Union-LAMTA employees. By providing comprehensive health coverage, the Trust Fund ensures that these employees have access to essential medical services, enabling them to maintain good health and productivity.
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Impact
October, 2024
The Transportation Comms Int’l Union-LA MTA Health & Welfare Trust Fund significantly impacts the health and well-being of employees associated with the Transportation Communications International Union and the Los Angeles Metropolitan Transportation Authority. By providing essential health benefits funded through monthly contributions from the Authority, the Trust Fund ensures that employees have access to necessary medical care and support services. This not only enhances the quality of life for these workers but also contributes to a healthier workforce, reducing absenteeism and increasing productivity within the transportation sector.
The fund's structure fosters a sense of community and mutual support among members, aligning with its mission as a fraternal beneficiary society. By prioritizing the health needs of its members, the Trust Fund plays a crucial role in maintaining financial stability and accessibility to healthcare resources, ultimately benefiting the broader transportation system in Los Angeles.
This information is meant to be a general summary of Transportation Comms Int'L Union-Lamta H&W 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 2024.
- Investment Income: $773,532
- Program Service Revenue: $22,198,535
- Gross Receipts: $91,090,177
Assets and Liabilities:
- Total Assets: $16,320,002
- Total Liabilities: $749,795
- Net Assets: $15,570,207
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$21,577,912
EMPLOYEE CONTRIBUTIONS
Revenue
$620,623
Organization Details
Founding Year
1976
Principal Officer
Lance Phillips
NTEE Category
Code: Y43 - Mutual benefit
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