Agc Of America San Diego Chapter Inc Health & Welfare Trust

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

EIN: 330078759 ✦ San diego, CA ✦ Designated as a 501(c)(9)

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Overview

What is Agc Of America San Diego Chapter Inc Health & Welfare Trust?

Agc Of America San Diego Chapter Inc Health & Welfare Trust is a legal entity established specifically for collecting and managing funds from participating employers and employees. The primary goal is to create and administer an employee welfare benefit plan, providing health benefits for a total of 1523 participants and their covered dependents. The Trust serves as a distinct entity, allowing for the exclusive purpose of financing and managing this benefit plan, with the added responsibility of covering reasonable administration expenses.

Is Agc Of America San Diego Chapter Inc Health & Welfare Trust legitimate?

Agc Of America San Diego Chapter Inc Health & Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Agc Of America San Diego Chapter Inc Health & Welfare 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 Agc Of America San Diego Chapter Inc Health & Welfare Trust?

The Agc Of America San Diego Chapter Inc Health & Welfare Trust serves as a distinct legal entity for contributing monies from participating employers and employees. Its primary purpose is to establish and manage an employee welfare benefit plan, providing for the benefits of participating employees and their beneficiaries. Reasonable administrative expenses are also covered by the trust. In essence, the trust aims to create and administer a plan that benefits the workforce and manages related administrative costs. By establishing this trust, the organization ensures the exclusive allocation of funds towards employee welfare and efficient plan administration.

Who is the CEO of Agc Of America San Diego Chapter Inc Health & Welfare Trust?

Nigel Cary is the Trustee of Agc Of America San Diego Chapter Inc Health & Welfare Trust.

What is the revenue of Agc Of America San Diego Chapter Inc Health & Welfare Trust?

Agc Of America San Diego Chapter Inc Health & Welfare Trust's revenue in 2022 was $18,905,139.

Who are the executives of Agc Of America San Diego Chapter Inc Health & Welfare Trust and what are their salaries?

There 7 volunteers at Agc Of America San Diego Chapter Inc Health & Welfare Trust.


Here are 7 key members and their salaries:


Mitchell Burch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Kvaas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth J Riha (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nigel Cary (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noli Gavino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Summers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Richie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Agc Of America San Diego Chapter Inc Health & Welfare Trust?

Agc Of America San Diego Chapter Inc Health & Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Agc Of America San Diego Chapter Inc Health & Welfare Trust

Agc Of America San Diego Chapter Inc Health & Welfare Trust is a distinct legal entity that serves as a conduit for monetary contributions from participating employers and employees. The primary goal of this trust fund is to create and administer an employee welfare benefit plan, or plans, for the benefit of these employees and their beneficiaries. The trust also covers the reasonable expenses of administration.

In essence, Agc Of America San Diego Chapter Inc Health & Welfare Trust functions as a dedicated organization, solely focused on managing and implementing employee welfare benefit plans. This enables participating employers and employees to contribute funds for the exclusive purpose of providing benefits and defraying the costs of administration. The trust's mission is to improve the wellbeing and overall livelihood of the workforce by offering and administering comprehensive benefit plans.

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Impact




October, 2024

Agc Of America San Diego Chapter Inc Health & Welfare Trust plays a significant role in enhancing the health and welfare of its participants and their dependents. By creating a dedicated legal entity for the management of funds contributed by participating employers and employees, the Trust effectively administers an employee welfare benefit plan designed to provide essential health benefits.

With a focus on the well-being of 1,523 participants and their covered dependents, the Trust ensures that individuals have access to necessary health services and support. This financial structure not only promotes better health outcomes for employees but also fosters a supportive work environment, encouraging employer participation in the welfare of their workforce. Through efficient administration of health benefits, the Trust alleviates the financial burden associated with healthcare, allowing participants to access quality care and resources, enhancing their overall quality of life.

Moreover, by ensuring that reasonable expenses of administration are covered, the Trust maintains a sustainable model that prioritizes the health needs of employees while promoting mutual benefit among all stakeholders involved.




This information is meant to be a general summary of Agc Of America San Diego Chapter Inc Health & Welfare 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
$18,905,139 (2022)
Expenses
$18,009,279 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $138,756
  • Program Service Revenue: $18,766,383
  • Gross Receipts: $18,905,139

Assets and Liabilities:

  • Total Assets: $5,823,761
  • Total Liabilities: $1,423,941
  • Net Assets: $4,399,820

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$18,629,750

REIMBURSEMENT COBRA

Revenue

$126,095

LATE FEES & MISC. INCOME

Revenue

$10,538

Organization Details

Founding Year

1984

Principal Officer

Nigel Cary

Main Address

PO BOX 12630, SAN DIEGO, CA, 92112

NTEE Category

Code: Y40 - Mutual benefit

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