Ilwu Local 142 Veba Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202142939 ✦ Honolulu, HI ✦ Designated as a 501(c)(9)

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Overview

What is Ilwu Local 142 Veba Trust?

Ilwu Local 142 Veba Trust is a nonprofit organization situated in Honolulu, Hawaii, specifically at 1440 Kapiolani Blvd 800. Its primary mission is to offer valuable health and insurance benefits to approximately 7,421 members. These benefits encompass various forms of coverage, such as life, sickness, accident insurance, and other similar forms of protection. The trust's purpose is to improve the overall well-being and security of its members by providing these essential benefits.

Is Ilwu Local 142 Veba Trust legitimate?

Ilwu Local 142 Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ilwu Local 142 Veba Trust 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Ilwu Local 142 Veba Trust?

The Ilwu Local 142 Veba Trust is committed to providing its members with essential health and insurance benefits. This includes coverage for life, sickness, accidents, and other related incidents. Its mission is to ensure that its approximately 7,421 members have access to such beneficial insurance policies, enhancing their overall well-being. The Trust aims to provide these benefits in a manner that is useful and meaningful to its members.

Who is the CEO of Ilwu Local 142 Veba Trust?

Michael De La Cruz is the Principal Officer of Ilwu Local 142 Veba Trust.

What is the revenue of Ilwu Local 142 Veba Trust?

Ilwu Local 142 Veba Trust's revenue in 2022 was $494,035.

Who are the executives of Ilwu Local 142 Veba Trust and what are their salaries?

There 7 volunteers at Ilwu Local 142 Veba Trust.


Here are 7 key members and their salaries:


Michael Dela Cruz (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Pacheco (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clayton Dela Cruz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paris Fernandez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emmanuel Baltazar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corinne Nguyen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian West (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ilwu Local 142 Veba Trust?

Ilwu Local 142 Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ilwu Local 142 Veba Trust

Ilwu Local 142 Veba Trust is an organization dedicated to providing essential health and insurance benefits to its members. Its mission, in simpler terms, is to offer valuable coverage options such as life, sickness, and accident insurance, among others, to approximately 7,421 individuals who are part of this trust. The trust's objective is to ensure that its members have access to these crucial benefits, thereby providing a sense of security and peace of mind. By offering such comprehensive insurance services, Ilwu Local 142 Veba Trust aims to enhance the overall well-being of its members and contribute to their financial stability in various challenging situations.

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Impact




October, 2024

Ilwu Local 142 Veba Trust significantly impacts its approximately 7,421 members by providing essential health and insurance benefits. These benefits include life, sickness, accident, and similar coverage, which are critical for supporting the well-being of workers and their families in Honolulu, HI. The Trust's mission focuses on delivering useful and practical insurance solutions, thereby enhancing the security and financial stability of its members. By offering access to vital health services and protections, the Ilwu Local 142 Veba Trust plays a crucial role in improving the quality of life for those it serves, ensuring they have comprehensive support in times of need.




This information is meant to be a general summary of Ilwu Local 142 Veba Trust. 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.

Revenue
$494,035 (2022)
Expenses
$176,246 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $112,995
  • Program Service Revenue: $381,040
  • Gross Receipts: $569,133

Assets and Liabilities:

  • Total Assets: $6,053,550
  • Total Liabilities: $0
  • Net Assets: $6,053,550

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRIBUTIONS

Revenue

$381,040

Organization Details

Founding Year

2004

Principal Officer

Michael De La Cruz

Main Address

1440 KAPIOLANI BLVD 800, HONOLULU, HI, 96814

NTEE Category

Code: Y43 - Mutual benefit

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