Truck Drivers And Helpers Union No 355 Health And Welfare Fund

Organization Overview

Truck Drivers And Helpers Union No 355 Health And Welfare Fund is located in Baltimore, MD. The organization was established in 1989. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Truck Drivers And Helpers Union No 355 Health And Welfare Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Truck Drivers And Helpers Union No 355 Health And Welfare Fund generated $43.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $33.9m during the year ending 12/2021. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH, SUPPLEMENTAL INCOME AND DEATH BENEFITS FOR UNION MEMBERS, THEIR DEPENDENTS, AND BENEFICIARIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THE PLAN IS TO PROVIDE HEALTH, SUPPLEMENTAL INCOME AND DEATH BENEFITS FOR UNION MEMBERS, THEIR DEPENDENTS, AND BENEFICIARIES.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Gallizzo
Trustee
$0
Brian Grimm
Trustee
$0
Mark Garey
Trustee
$0
David White
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$37,070,274
Investment income $6,118,484
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $43,288,618

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