Overview
What is Ara Pension And Welfare Plan?
Ara Pension and Welfare Plan is a nonprofit organization situated in Alameda, California, with an address at 1600 Harbor Bay Parkway 200. The primary mission of this organization, as per the collective bargaining agreement, is to offer medical benefits. This welfare plan operates under a self-insured major medical program, supplemented by partial self-insurance, providing death benefits as well. The plan's activities are centered around ensuring medical benefits for its members, contributing to their overall well-being.
Is Ara Pension And Welfare Plan legitimate?
Ara Pension And Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ara Pension And Welfare Plan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $19,416
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,788
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What is the mission statement of Ara Pension And Welfare Plan?
The Ara Pension and Welfare Plan's mission is centered around providing medical benefits as outlined in their collective bargaining agreement. In essence, this organization is committed to delivering medical benefits according to the terms agreed upon in their collective bargaining contract. This mission is carried out through a self-insured major medical program and a partially self-insured program, which also includes death benefits.
Who is the CEO of Ara Pension And Welfare Plan?
Thomas Percival is the Administrator of Ara Pension And Welfare Plan.
What is the revenue of Ara Pension And Welfare Plan?
Ara Pension And Welfare Plan's revenue in 2022 was $1,209,808.
Who are the executives of Ara Pension And Welfare Plan and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $13,187
- Related: $52,749
- Other: $6,229
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Ara Pension And Welfare Plan?
Ara Pension And Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ara Pension And Welfare Plan
Ara Pension and Welfare Plan, as a nonprofit entity, is committed to fulfilling its mission by offering medical benefits in accordance with the collective bargaining agreement. This mission translates into providing essential healthcare services to its beneficiaries, ensuring they have access to necessary medical care. The plan operates under a two-tiered system, with a major medical component that is self-insured and a partially self-insured program providing death benefits. This structure enables Ara Pension and Welfare Plan to offer comprehensive medical coverage, offering peace of mind to its members in times of need. The organization's focus is on delivering medical benefits as outlined in the collective bargaining agreement, ensuring that its beneficiaries have access to the necessary healthcare services they require.
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Impact
October, 2024
The Ara Pension and Welfare Plan plays a crucial role in ensuring that individuals covered under its collective bargaining agreement receive essential medical benefits. By providing welfare benefits through a self-insured major medical program, the Plan addresses healthcare needs effectively, offering financial support in times of medical emergencies.
Additionally, the Plan’s provision of death benefits contributes significantly to the peace of mind of members and their families, ensuring that they are cared for even in difficult moments. Located in Alameda, CA, the Plan strengthens community ties by promoting a mutual benefit approach, ultimately enhancing the wellbeing of its members and fostering stronger support networks.
Overall, the Ara Pension and Welfare Plan significantly impacts the quality of life for its members, ensuring that they have access to vital healthcare resources and providing the financial safety net necessary to navigate health-related challenges.
This information is meant to be a general summary of Ara Pension And Welfare Plan. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $306,124
- Program Service Revenue: $899,869
- Gross Receipts: $1,891,195
Assets and Liabilities:
- Total Assets: $18,016,369
- Total Liabilities: $615,880
- Net Assets: $17,400,489
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Co-Payments
Revenue
$767,947
Employee Contributions
Revenue
$118,362
employer Contributions
Revenue
$13,560
Organization Details
Founding Year
1950
Phone
(415) 536-8280Principal Officer
Thomas Percival
Main Address
1600 Harbor Bay Parkway 200, alameda, CA, 94502
NTEE Category
Code: Y40 - Mutual benefit
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