Sheet Metal Workers' Local 206 Health Benefit Trust

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

EIN: 454844178 ✦ San diego, CA ✦ Designated as a 501(c)(9)

Overview

What is Sheet Metal Workers' Local 206 Health Benefit Trust?

The Sheet Metal Workers' Local 206 Health Benefit Trust is a nonprofit organization committed to offering health benefits, term life, and accidental death and dismemberment coverage to eligible active participants and their dependents. Established as a multi-employer trust fund, it aims to ensure access to essential benefits for its members. As of the end of 2020, there were 944 participants enrolled in the program.


Official website here: www.smwlocal206.org

Is Sheet Metal Workers' Local 206 Health Benefit Trust legitimate?

Sheet Metal Workers' Local 206 Health Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sheet Metal Workers' Local 206 Health Benefit 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 not tax deductible.

Here 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


Official website here: www.smwlocal206.org

What is the mission statement of Sheet Metal Workers' Local 206 Health Benefit Trust?

The Sheet Metal Workers' Local 206 Health Benefit Trust is committed to offering health benefits, term life, and accidental death and dismemberment coverage to eligible active participants and their dependents. The organization operates as a multi-employer trust fund to provide these essential benefits. With over 900 participants enrolled at the end of 2020, the Trust aims to ensure the well-being of those in the sheet metal industry, securing their health and financial security. The Trust's primary objective is to provide comprehensive healthcare coverage and monetary support to support the well-being of its members.


Official website here: www.smwlocal206.org

Who is the CEO of Sheet Metal Workers' Local 206 Health Benefit Trust?

Linda Jennings Chair is the Co-Chair, Trustee of Sheet Metal Workers' Local 206 Health Benefit Trust.


Official website here: www.smwlocal206.org

What is the revenue of Sheet Metal Workers' Local 206 Health Benefit Trust?

Sheet Metal Workers' Local 206 Health Benefit Trust's revenue in 2022 was $16,076,079.


Official website here: www.smwlocal206.org

Who are the executives of Sheet Metal Workers' Local 206 Health Benefit Trust and what are their salaries?

Here are 5 key members and their salaries:

    Dave Gauthier (Co-Chair, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Fusca (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Jennings (Co-Chair, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Moreno (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Domingo Luyo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.smwlocal206.org

    Where can I find the form 990 for Sheet Metal Workers' Local 206 Health Benefit Trust?

    The Sheet Metal Workers' Local 206 Health Benefit Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.smwlocal206.org

    Learn more at the official website: www.smwlocal206.org

    Mission Statement of Sheet Metal Workers' Local 206 Health Benefit Trust

    Sheet Metal Workers' Local 206 Health Benefit Trust is a dedicated organization that focuses on providing essential health benefits, term life, and accidental death and dismemberment coverage to eligible active participants and their dependents. Established as a multi-employer trust fund, its mission is to ensure the wellbeing of those in the sheet metal industry by offering comprehensive health coverage. With over 900 individuals enrolled in the program at the end of 2020, the Trust continues to prioritize the health and welfare of its members. By pooling resources from various employers, it is able to offer competitive and affordable benefits to a diverse group of individuals. The Trust's commitment to its mission is unwavering, and it strives to provide peace of mind to those it serves, allowing them to focus on their careers and personal lives with the security of reliable healthcare coverage.

    Impact

    This information is meant to be a general summary of Sheet Metal Workers' Local 206 Health Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Sheet Metal Workers' Local 206 Health Benefit Trust's impact is significant in providing health benefits, term life, and accidental death and dismemberment coverage for eligible active participants and their covered dependents in the San Diego area. By administering these essential benefits through a multi-employer trust fund, the organization ensures access to critical healthcare services and financial protection for its 944 enrolled participants. This direct provision of support plays a vital role in safeguarding the well-being and security of members and their families, thereby contributing to the overall health and stability of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $209,950
  • Program Service Revenue: $15,866,069
  • Gross Receipts: $18,967,612

    • Assets and Liabilities:
  • Total Assets: $15,450,102
  • Total Liabilities: $1,786,441
  • Net Assets: $13,663,661
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $13,767,514

    HEALTH REIMBURSEMENT ACCOUNT

    Revenue

    $1,155,916

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $940,165

    COBRA ADMIN FEE

    Revenue

    $2,474

    Organization Details

    Founding Year

    2011

    Principal Officer

    Linda Jennings Chair

    Main Address

    1843 Hotel Circle S Ste 300, San Diego, CA, 92108

    NTEE Category

    Code: Y43 - Mutual benefit

    If you are a representative of Sheet Metal Workers' Local 206 Health Benefit Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.