Public Charity

TEAMSTERS LOCAL 348 HEALTH & WELFARE FUND

TEAMSTERS LOCAL 348 HEALTH & WELFARE FUND is a Public Charity headquartered in AKRON, OH. Financial data from the 2024 filing: $10.0M revenue, $7.8M expenses, $14.9M total assets.

EIN: 346564615 AKRON, OH Latest filing: 2024
Total Revenue$10.0M
Total Expenses$7.8M
Total Assets$14.9M
Grant Records0
Filing Years2019–2024

Mission

TO PROVIDE HEALTH & INSURANCE BENEFITS FOR THE ACTIVE AND RETIRED MEMBERS OF LOCAL 348 AND THEIR FAMILIES

Where $100 goes at Teamsters Local 348 Health & Welfare Fund

How Teamsters Local 348 Health & Welfare Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
To provide hospitalization, dental, life insurance, accidental death and dismemberment, sick and accident benefits for approximately 430 participants
All program spending · Reported in the filing: 430 participants
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EMPLOYER TRU Mike Tramonte
UNION TRUSTE Patrick Darrow
UNION TRUSTE Patrick Ziga
EMPLOYER TRU Richard Brophy

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $10.0M $7.8M $14.9M
2023 $9.9M $7.2M $12.7M
2022 $9.5M $7.3M $9.9M
2020 $8.1M $6.6M $6.0M
2019 $7.6M $6.4M $4.5M

Between 2019 and 2024, reported annual revenue grew from $7.6M to $10.0M (+31%), with total assets most recently reported at $14.9M.

Interactive year-over-year charts and full filing details available with membership.

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