Death Benefit Trust For Southern California District Council Of Laborers

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

EIN: 432114990 ✦ Covina, CA ✦ Designated as a 501(c)(9)

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Overview

What is Death Benefit Trust For Southern California District Council Of Laborers?

Death Benefit Trust for Southern California District Council of Laborers is a nonprofit organization situated in El Monte, California. This fraternal beneficiary society and voluntary employees association offers death benefits collectively to its members. Their primary mission is to provide financial support to the families of deceased members, offering a sense of security during difficult times. The organization operates on a group basis, ensuring that its services are widely accessible to those affiliated with the Southern California District Council of Laborers.

Is Death Benefit Trust For Southern California District Council Of Laborers legitimate?

Death Benefit Trust For Southern California District Council Of Laborers is a legitimate nonprofit organization registered as a 501(c)(9) entity. Death Benefit Trust For Southern California District Council Of Laborers 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 Death Benefit Trust For Southern California District Council Of Laborers?

The Death Benefit Trust for Southern California District Council of Laborers serves as a fraternal beneficiary society and voluntary employees association, primarily focused on providing death benefits on a group basis. Its mission is to offer financial support and assistance to families in the event of a member's demise, thereby providing a sense of security and peace of mind. The organization operates on a group basis, pooling resources to ensure that each member's family receives appropriate benefits upon their passing. While the specific details of the benefits provided are not specified in the information, it is clear that the Death Benefit Trust is committed to offering support during times of grief and financial hardship.

Who is the CEO of Death Benefit Trust For Southern California District Council Of Laborers?

Peter Santillan is the Trustee of Death Benefit Trust For Southern California District Council Of Laborers.

What is the revenue of Death Benefit Trust For Southern California District Council Of Laborers?

Death Benefit Trust For Southern California District Council Of Laborers's revenue in 2022 was $1,793,441.

Who are the executives of Death Benefit Trust For Southern California District Council Of Laborers and what are their salaries?


Here are 3 key members and their salaries:


Jon P Preciado (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sergio Rascon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Santillan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Death Benefit Trust For Southern California District Council Of Laborers?

Death Benefit Trust For Southern California District Council Of Laborers's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Death Benefit Trust For Southern California District Council Of Laborers

The Death Benefit Trust for Southern California District Council of Laborers serves as a fraternal beneficiary society and voluntary employees association, dedicated to providing death benefits on a group basis. This nonprofit organization, based in El Monte, CA, operates with the primary mission of offering financial support to families in the event of a member's demise. By pooling resources together, the Death Benefit Trust offers its members the advantage of death benefits at a more affordable rate than individuals could secure on their own. This structure allows the organization to fulfill its mission of providing financial assistance during challenging times, offering a sense of security and peace of mind to its members and their families.

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Impact




October, 2024

The Death Benefit Trust for Southern California District Council of Laborers plays a crucial role in providing financial security to its members and their families by offering death benefits on a group basis. This support alleviates the financial burden associated with funeral costs and other expenses that arise upon the passing of a loved one, ensuring that families can focus on healing rather than worrying about financial strain.

By operating as a fraternal beneficiary society and voluntary employees association, the Trust fosters a sense of community among its members. This collective approach not only strengthens the bonds between individuals but also builds a safety net that offers peace of mind. Moreover, it enhances the overall well-being of the labor community in Southern California by promoting mutual support and ensuring that members are protected in times of need.

In Covina, CA, and the surrounding areas, the Trust's mission reinforces the value of solidarity and mutual aid. Its impact extends beyond immediate financial assistance, as it helps cultivate a culture of care and responsibility among workers, ultimately contributing to greater stability and solidarity within the labor community.




This information is meant to be a general summary of Death Benefit Trust For Southern California District Council Of Laborers. 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
$1,793,441 (2022)
Expenses
$705,766 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $47,904
  • Program Service Revenue: $1,745,537
  • Gross Receipts: $2,284,857

Assets and Liabilities:

  • Total Assets: $6,352,674
  • Total Liabilities: $278,630
  • Net Assets: $6,074,044

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Programs

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

CONTRIBUTIONS

Revenue

$1,745,537

Organization Details

Founding Year

2006

Principal Officer

Peter Santillan

Main Address

1123 Park View Dr Ste 300, Covina, CA, 91724

NTEE Category

Code: Y43 - Mutual benefit

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