NonprofitsMichigan Conference Of Teamsters Welfare Fund

Michigan Conference Of Teamsters Welfare Fund

DETROIT, MI

Total revenue

$371.5M

Total expenses

$341.5M

Net assets

$666.1M

Grants received

EIN

381328578

Tax year

2023

Mission

To provide medical, prescription drugs, dental, vision, behavioral health, disability and death benefits for eligible participants and their dependents.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$353.2M
Investment income$18.2M
Other revenue$109K
Total revenue$371.5M

Expenses

Grants paid
Salaries & benefits$12.1M
Fundraising
Other expenses$14.8M
Total expenses$341.5M
Total assets$679.6M
Net assets$666.1M

People

14 listed

NameRoleCompensation

Kyle Stallman

Executive Director

Board

$361K

55 hrs/wk

Raymond J Buratto

Co-Chair, Trustee

Board

$13K

4 hrs/wk

Robert W Jones

Trustee

Board

$12K

2 hrs/wk

Earl D Ishbia

Trustee

Board

$12K

2 hrs/wk

Ellis Wood

Trustee

Board

2 hrs/wk

Thomas Ziembovic

Trustee

Board

2 hrs/wk

Gregory W Nowak

Co-Chair, Trustee

Board

4 hrs/wk

Kevin Moore

Trustee

Board

2 hrs/wk

Ann Zick

Trustee

Board

2 hrs/wk

William Deighton

Director of IT and Service

Staff

$216K

45 hrs/wk

Patricia LaVigne

Sr. Director of Benefit Admin

Staff

$201K

45 hrs/wk

Bryan Carney

Director of Financial Services

Staff

$187K

45 hrs/wk

Sandra Bowman-Claus

Senior Director for Plan Operations

Staff

$166K

45 hrs/wk

Vishal Sharma

Computer Systems Analyst

Staff

$154K

45 hrs/wk

Independent contractors

Blue Cross Blue Shield of Michigan

Provider Network and Payment Processing

$7.9M

PrudentRX LLC

TPA for Specialty Drugs

$1.1M

Delta Dental Plan of Michigan

TPA for Dental Benefits

$464K

Morgan Stanley Global Banking Operations

Investment Advisory Fees

$436K

Willis Towers Watson US LLC

Actuarial Services

$355K

Details

EIN381328578
Subsection09
Ruling date1951-02
Formed1949
Employees98
Volunteers0
MICHIGAN CONFERENCE OF TEAMSTERS WELFARE FUND — Mission, Financials & Grants Received | Grantivo