California's Valued Trust

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

EIN: 776009955 ✦ Fresno, CA ✦ Designated as a 501(c)(9)

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Overview

What is California's Valued Trust?

California's Valued Trust is a nonprofit organization based in Fresno, California, with a location at 520 E Herndon Ave. Their mission centers around providing essential health and welfare benefits to eligible employees, retirees, and their dependents. With a team of 41 dedicated individuals, they aim to support and enhance the wellbeing of those within their scope.


Official website here: www.cvtrust.org

What are the reviews and ratings of this charity?

California's Valued Trust is currently not rated by Charity Navigator. The organization does not qualify for a rating because it is not a 501(c)(3) IRS registered nonprofit. Charity Navigator evaluations are restricted to such entities, and the lack of a rating implies neither a positive nor negative reflection on the organization.

Due to its non-501(c)(3) status, California's Valued Trust's financial and operational data are not available or evaluated in terms of accountability, finance, impact, or leadership criteria. This situation limits the ability to assess the nonprofit's internal processes and effectiveness comprehensively using this platform's methodologies.

There are no user reviews available on GreatNonprofits to provide additional insights or public sentiment on California's Valued Trust. Therefore, further qualitative information regarding the organization's impact, community engagement, or beneficiary experiences cannot be presented.


This AI summary has been generated from information found on Charity Navigator.

Is California's Valued Trust legitimate?

California's Valued Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. California's Valued 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: $548,611
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,766,922

For more financial information, click here


Official website here: www.cvtrust.org

What is the mission statement of California's Valued Trust?

California's Valued Trust is dedicated to providing health and welfare benefits for eligible employees, retirees, and their dependents. The organization's primary mission is to ensure these individuals have access to essential services and support, enhancing their overall well-being. By offering a comprehensive range of benefits, California's Valued Trust aims to contribute significantly to the health and wellness of the eligible population, enhancing their quality of life. The organization's commitment extends beyond just providing benefits; it strives to create a robust support system that addresses the diverse needs of its members, fostering a sense of security and stability. The benefits offered by California's Valued Trust are designed to meet the various requirements of its members, ensuring they have access to the necessary resources for optimal health and well-being.


Official website here: www.cvtrust.org

What is the revenue of California's Valued Trust?

California's Valued Trust's revenue in 2024 was $846,775,532.


Official website here: www.cvtrust.org

Who are the executives of California's Valued Trust and what are their salaries?

The average compensation at California's Valued Trust during 2024 was $107,888. There are 40 employees at California's Valued Trust.

Here are 20 key members and their salaries:


Valerie Cornuelle (Executive Director)
  • Compensation: $276,259
  • Related: $0
  • Other: $42,708
Robert Powers (Dir. Of Financial Services)
  • Compensation: $191,790
  • Related: $0
  • Other: $36,373
Jeff Cornelius (Dir. Of Strategic Initiatives)
  • Compensation: $157,583
  • Related: $0
  • Other: $33,808
Tierney O'Brien (Dir. Of Marketing & Bus Dev)
  • Compensation: $147,853
  • Related: $0
  • Other: $33,078
Brook Paulsen (It Manager)
  • Compensation: $141,156
  • Related: $0
  • Other: $32,576
Brett Cargle (Sr Systems Security Analyst)
  • Compensation: $127,056
  • Related: $0
  • Other: $31,518
Chad Woskoski (Business Analyst)
  • Compensation: $127,056
  • Related: $0
  • Other: $31,518
Chad Wood (Trustee)
  • Compensation: $187
  • Related: $0
  • Other: $0
Elaine Cash (Trustee)
  • Compensation: $187
  • Related: $0
  • Other: $0
Nancy Smith (Trustee)
  • Compensation: $187
  • Related: $0
  • Other: $0
John Pestorich (Trustee)
  • Compensation: $187
  • Related: $0
  • Other: $0
Debra Cole (Trustee)
  • Compensation: $187
  • Related: $0
  • Other: $0
Anthony Parreira (Trustee)
  • Compensation: $187
  • Related: $0
  • Other: $0
Keith Pace (Trustee)
  • Compensation: $187
  • Related: $0
  • Other: $0
Wayne Harris (Trustee)
  • Compensation: $125
  • Related: $0
  • Other: $0
Jennifer Passaglia (Trustee)
  • Compensation: $47
  • Related: $0
  • Other: $0
Daryl Hemenway (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marni Harmon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Halimah Mekki (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cvtrust.org

Where can I find the form 990 for California's Valued Trust?

California's Valued Trust's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.cvtrust.org

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

Mission Statement of California's Valued Trust

California's Valued Trust is a mission-driven organization that focuses on extending health and welfare benefits to eligible employees, retirees, and their dependents. By offering these essential services, the trust seeks to enhance the well-being and quality of life for its beneficiaries.

Established with the primary goal of providing vital benefits, California's Valued Trust works diligently to ensure that those it serves have access to the necessary resources for their overall well-being. By taking care of the health and welfare needs of its beneficiaries, the trust enables them to focus on other aspects of their lives, fostering peace of mind and stability.

In providing health and welfare benefits, California's Valued Trust serves an essential role in the lives of its members. The organization's commitment to its mission extends beyond just offering benefits, as it strives to create a comprehensive support system for its beneficiaries. Through its unwavering dedication and extensive resources, California's Valued Trust aims to make a meaningful difference in the lives of those it serves, working tirelessly to ensure their health and well-being are prioritized.

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Impact




October, 2024

California's Valued Trust significantly impacts the community by providing essential health and welfare benefits to eligible employees, retirees, and their dependents. By focusing on the well-being of these individuals, the Trust helps ensure access to necessary medical care and support services, promoting overall health and financial security. Located in Fresno, California, it plays a crucial role in enhancing the quality of life for many, addressing healthcare needs, and alleviating the burden of medical expenses. The commitment to mutual benefit underscores the Trust's dedication to fostering a supportive environment for those it serves.




This information is meant to be a general summary of California's Valued 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
$846,775,532 (2024)
Expenses
$898,191,185 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $7,320,564
  • Program Service Revenue: $835,784,096
  • Gross Receipts: $1,071,161,891

Assets and Liabilities:

  • Total Assets: $240,185,223
  • Total Liabilities: $88,806,247
  • Net Assets: $151,378,976

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$806,361,585

PARTICIPANT CONTRIBUTIONS

Revenue

$29,422,511

Organization Details

Founding Year

1984

Principal Officer

Valerie Cornuelle

NTEE Category

Code: Y20 - Mutual benefit

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