Teamster Benefit Trust
501(c)(9)
Only null% goes to programs Strong reserves
Teamster Benefit Trust is a 501(c)(9) organization based in Fremont, California, registered in 1990, with $379,823,294 in FY2023 revenue. CharityIndex grades it A.
39420 Liberty St Ste 260, Fremont, CA, 94538 EIN 94-2848389 Since 1990
Revenue (FY2023)
$379.8M
▲ 3.6% vs prior year
Expenses (FY2023)
$334.4M
Net assets
$865.3M
Employees
2
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Teamster Benefit Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating31 mo reserves · +12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Teamster Benefit Trust: 31 mo reserves · +12% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Teamster Benefit Trust: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Teamster Benefit Trust: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide health and welfare benefits to multiemployer plan participants.
Contact & location
- Address
- 39420 Liberty St Ste 260, Fremont, CA, 94538
- City
- Fremont
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $284.3M (FY2013) to $379.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $45.5MNet assets $865.3M
Operating margin
12.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$910.8M
Total liabilities
$45.5M
Net assets
$865.3M
Salaries & benefits
$0
0% of expenses
Board members
12
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $379,823,294▲3.6% | $334,360,230▲9.1% | $865,269,456▲23.9% | $910,753,202▲23.2% | 990 |
| 2022 | $366,749,635▼0.2% | $306,602,707▲2.2% | $698,094,192▲19.9% | $739,157,796▲18.7% | 990 |
| 2021 | $367,435,023▲2.1% | $300,123,102▼1.1% | $582,000,378▼4.1% | $622,468,881▼3.8% | 990 |
| 2020 | $360,030,062▲6.6% | $303,373,691▲0.2% | $606,981,003▲27.1% | $647,016,311▲25.6% | 990 |
| 2019 | $337,741,506▼0.3% | $302,636,943▼2.2% | $477,456,783▲15.4% | $515,238,654▲14.1% | 990 |
| 2018 | $338,839,356▼2.9% | $309,297,494▲8.1% | $413,914,660▲11.1% | $451,609,321▲10.7% | 990 |
| 2017 | $348,903,064▲9.3% | $286,161,477▲1.3% | $372,418,799▲19.0% | $407,860,556▲16.7% | 990 |
| 2016 | $319,126,088▼8.6% | $282,479,944▼1.4% | $313,043,476▲24.4% | $349,515,385▲20.7% | 990 |
| 2015 | $349,263,007▲18.2% | $286,487,684▲1.8% | $251,681,236▲21.6% | $289,617,130▲18.8% | 990 |
| 2014 | $295,373,744▲3.9% | $281,325,337▲7.9% | $206,938,247▲4.9% | $243,690,333▲5.3% | 990 |
| 2013 | $284,322,256 | $260,677,818▲6.1% | $197,236,496▲20.8% | $231,422,836▲17.4% | 990 |
| 2012 | — | $245,576,365▲1.2% | $163,221,149▲19.6% | $197,112,848▲17.0% | 990 |
| 2011 | — | $242,735,841▲3.5% | $136,497,491▲16.8% | $168,532,474▲11.1% | 990 |
| 2010 | — | $234,567,085▲6.5% | $116,887,895▲5.0% | $151,652,583▲3.8% | 990 |
| 2009 | — | $220,335,518 | $111,344,446 | $146,060,727 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alberto Ruiz | Trustee | 1 | — |
| Bill Rossi | Trustee | 1 | — |
| Carlos Borba | Co-chairman | 4 | — |
| Gerald Coleman | Trustee | 1 | — |
| John Bouchard | Trustee | 1 | — |
| Keith Fleming | Co-chairman | 4 | — |
| Richard Jordan | Trustee | 1 | — |
| Richard Murphy | Trustee | 1 | — |
| Sal Lomeli | Trustee | 1 | — |
| See Schedule O For Compensation | Paid By Related Organizations | 1 | — |
| Stephen Beck | Trustee | 1 | — |
| Steven Lua | Trustee | 1 | — |
| William Albanese | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Titan Insurance Administrators | Administrator | $4,441,034 |
| Lipman Insurance Administrators In | Administrator | $4,104,212 |
| Anthem Blue Cross | Administratvie | $904,717 |
| Withumsmithbrown PC | Audit Services | $626,586 |
| Arrowstreet Capital LP | Investment Mgmt | $573,077 |
Frequently asked questions
- Is Teamster Benefit Trust a legitimate nonprofit?
- Yes. Teamster Benefit Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 94-2848389, based in Fremont, California.
- What is Teamster Benefit Trust's EIN?
- Teamster Benefit Trust's Employer Identification Number (EIN) is 94-2848389.
- How much revenue does Teamster Benefit Trust report?
- Teamster Benefit Trust reported $379,823,294 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Teamster Benefit Trust have?
- CharityIndex grades Teamster Benefit Trust A, based on financial health (reserves and operating margin).
- How much does Teamster Benefit Trust's highest-paid employee make?
- The highest reported compensation on Teamster Benefit Trust's latest Form 990 is $0, paid to Alberto Ruiz (Trustee).
More nonprofits in Fremont
Explore more
Data for Teamster Benefit Trust (EIN 94-2848389) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.