Construction Industry Health And Welfare Trust

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

EIN: 616058688 ✦ Lexington, KY ✦ Designated as a 501(c)(9)

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Overview

What is Construction Industry Health And Welfare Trust?

The Construction Industry Health and Welfare Trust is a charitable organization situated in Lexington, Kentucky. Its primary focus is on extending health and welfare benefits to the workforce of enrolled employer groups. This mission-driven entity offers essential services tailored to enhancing the overall wellbeing of its members.

Is Construction Industry Health And Welfare Trust legitimate?

Construction Industry Health And Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Construction Industry Health And 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 Construction Industry Health And Welfare Trust?

The Construction Industry Health and Welfare Trust is a mission-driven organization that offers health and welfare benefits to the employees of contributing employer groups. Based in Kentucky, this entity focuses on enhancing the well-being of its members through a range of benefits. By providing access to essential health services and welfare programs, the Trust aims to improve the overall quality of life for its beneficiaries. Through its dedicated efforts, the Trust strives to deliver value and support to those employed in the construction industry. The organization's commitment to the community is reflected in its provision of comprehensive benefits packages, designed to meet the diverse needs of its members.

Who is the CEO of Construction Industry Health And Welfare Trust?

Central Bank And Trust Company is the Trustee of Construction Industry Health And Welfare Trust.

What is the revenue of Construction Industry Health And Welfare Trust?

Construction Industry Health And Welfare Trust's revenue in 2022 was $23,801,826.

Who are the executives of Construction Industry Health And Welfare Trust and what are their salaries?


There is 1 key member and their salary:


Central Bank And Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Construction Industry Health And Welfare Trust?

Construction Industry Health And Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Construction Industry Health And Welfare Trust

The Construction Industry Health and Welfare Trust, a mission-driven organization, is dedicated to enhancing the well-being of employees from contributing employer groups. Based in Kentucky, this organization prioritizes health and welfare benefits to cater to the workforce.

By offering a comprehensive range of health and welfare benefits, the Construction Industry Health and Welfare Trust empowers its subscribing employers to attract and retain skilled labor. Through this mission, it strives to foster a healthier and more productive workforce within the construction industry. The organization's commitment extends beyond just providing coverage; it focuses on creating a supportive environment that ensures employees can access essential benefits when they need them most.

The Construction Industry Health and Welfare Trust functions as a bridge between employer groups and the healthcare system, offering tailored solutions for their unique needs. Its mission is to elevate the overall health and well-being of the construction workforce, ultimately contributing to the industry's continued growth and success.

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Impact




October, 2024

The Construction Industry Health and Welfare Trust significantly impacts the well-being of employees in the construction sector by providing essential health and welfare benefits. Located in Lexington, KY, it serves employees of subscribing employer groups, ensuring they have access to necessary medical care, wellness programs, and other vital resources.

By focusing on the health and welfare of construction workers, the Trust enhances overall job satisfaction, promotes a healthier workforce, and helps reduce absenteeism due to health-related issues. This, in turn, fosters a more productive work environment and contributes to the retention of skilled labor within the industry.

Moreover, the Trust’s commitment to mutual benefit supports the broader construction community by helping employers attract and retain talent, ultimately leading to a stronger and more resilient industry. The proactive approach to welfare benefits reflects a dedication to the long-term welfare of those who work in this demanding field.




This information is meant to be a general summary of Construction Industry Health And 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
$23,801,826 (2022)
Expenses
$22,856,398 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $404,365
  • Program Service Revenue: $23,397,461
  • Gross Receipts: $23,801,826

Assets and Liabilities:

  • Total Assets: $13,465,556
  • Total Liabilities: $7,404,830
  • Net Assets: $6,060,726

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$23,193,040

PARTICIPANT CONTRIBUTIONS

Revenue

$204,421

Organization Details

Principal Officer

Central Bank And Trust Company

Main Address

230 LEXINGTON GREEN CIRCLESTE 400, LEXINGTON, KY, 40503

NTEE Category

Code: Y40 - Mutual benefit

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