NonprofitsTeamsters Local 251 Health Services & Insurance Plan

Teamsters Local 251 Health Services & Insurance Plan

PROVIDENCE, RI

Total revenue

$75.5M

Total expenses

$63.9M

Net assets

$160.6M

Grants received

EIN

050271216

Tax year

2023

Mission

The plan provides medical, hospitalization, dental, vision, hearing, life insurance, weekly accident and sickness, long-term disability, income tax preparation, and prescription drug benefits as well as an employees' assistance program for eligible participants and their dependents. The plan also provides a program of benefits for eligible retirees.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$71.1M
Investment income$4.4M
Other revenue
Total revenue$75.5M

Expenses

Grants paid
Salaries & benefits$802K
Fundraising
Other expenses$1.0M
Total expenses$63.9M
Total assets$161.0M
Net assets$160.6M

People

7 listed

NameRoleCompensation

MATTHEW G TAIBI

UNION TRUSTEE/CO-CHAIRMAN

Board

2 hrs/wk

PAUL J SANTOS

UNION TRUSTEE

Board

2 hrs/wk

JEFFERY ISAACS

EMPLOYER TRUSTEE

Board

2 hrs/wk

FRANK PARELLA

EMPLOYER TRUSTEE/CO-CHAIRM

Board

2 hrs/wk

WILLIAM SCHMIEDEKNECHT

EMPLOYER TRUSTEE

Board

2 hrs/wk

MATTHEW A MAINI

UNION TRUSTEE

Board

2 hrs/wk

TAMMY BEAUDREAULT

FUND ADMINISTRATOR

Staff

$124K

40 hrs/wk

Independent contractors

UNITED HEALTHCARE INSURANCE COMPANY

CLAIMS PROCESSING

$2.1M

GURSKY LAW ASSOCIATES

LEGAL SERVICES

$278K

THE SEGAL COMPANY

ACTUARIAL

$174K

DELTA DENTAL OF RHODE ISLAND

CLAIMS PROCESSING

$141K

Details

EIN050271216
Subsection09
Ruling date1958-02
Formed1954
Employees5
Volunteers0
TEAMSTERS LOCAL 251 HEALTH SERVICES & INSURANCE PLAN — Mission, Financials & Grants Received | Grantivo