Teamsters Local 631 Security Fund

Teamsters Local 631 Security Fund Overview

Teamsters Local 631 Security Fund is located in Las Vegas, NV. The organization was established in 1988. 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.

For the year ending 04/2020, Teamsters Local 631 Security Fund generated $82.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $57.3m during the year ending 04/2020. While expenses have increased by 4.6% per year over the past 5 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE MEDICAL,DENTAL,VISION, PRESCRIPTION, DEATH BENEFIT & COUNSELING BENEFITS TO PARTICIPANTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE MEDICAL,DENTAL,VISION & COUNSELING BENEFITS TO PARTICIPANTS AND THEIR FAMILIES.


TO PROVIDE MEDICAL,DENTAL,VISION & COUNSELING BENEFITS TO PARTICIPANTS AND THEIR FAMILIES.


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Teamsters Local 631 Security Fund Board, Officers & Key Employees

Name (title)Compensation
Thomas Blitsch
Trustee
$0
Javon Jefferson
Trustee
$0
Darrin Bradburn
Trustee
$0
Brent Conrad
Trustee
$0
Patrick Velasquez
Trustee
$0
Thomas Brodeur
Trustee
$0

Teamsters Local 631 Security Fund Vendors

Vendor Name (Service)Compensation
Brownstein Hyatt Farber Schreck
Legal
$308,913
Berry & Co Cpa
Audit And Accounting
$225,334
Benesys Inc
Administrator
$1,247,576
Grandflow
Printing & Mailing
$145,086
Brownstein Hyatt Farber Schreck
Legal
$308,913
Berry & Co Cpa
Audit And Accounting
$225,334
View All Vendors

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$73,056,156
Investment income $7,654,257
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $489,132
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $82,944,758

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