Overview
What is Painting Industry Of Hawaii Reserve Benefit Trust Fund?
The Painting Industry of Hawaii Reserve Benefit Trust Fund, headquartered in Honolulu, Hawaii, is a nonprofit organization dedicated to providing health benefits for eligible participants. Its primary mission involves creating a reserve for reimbursement of hospital, medical, dental, and similar benefits for eligible participants and their dependents following retirement. This fund serves as a safety net, ensuring that retirees can access necessary healthcare services without undue financial burden.
Is Painting Industry Of Hawaii Reserve Benefit Trust Fund legitimate?
Painting Industry Of Hawaii Reserve Benefit Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Painting Industry Of Hawaii Reserve Benefit Trust Fund 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.
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What is the mission statement of Painting Industry Of Hawaii Reserve Benefit Trust Fund?
The Painting Industry Of Hawaii Reserve Benefit Trust Fund is established with the mission to create a reserve for reimbursing hospital, medical, dental, and similar benefits for eligible participants and their dependents following retirement. This organization aims to provide healthcare support for eligible individuals post-retirement. The primary activity of the Trust Fund is to establish and maintain a reserve that can be utilized for covering these medical expenses. By doing so, the Fund ensures financial security for its participants in their retirement years, providing them with essential healthcare benefits.
Who is the CEO of Painting Industry Of Hawaii Reserve Benefit Trust Fund?
Ryden Valmoja Dean Naga is the Union Trustee of Painting Industry Of Hawaii Reserve Benefit Trust Fund.
What is the revenue of Painting Industry Of Hawaii Reserve Benefit Trust Fund?
Painting Industry Of Hawaii Reserve Benefit Trust Fund's revenue in 2022 was $1,093,699.
Who are the executives of Painting Industry Of Hawaii Reserve Benefit Trust Fund and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Painting Industry Of Hawaii Reserve Benefit Trust Fund?
Painting Industry Of Hawaii Reserve Benefit Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Painting Industry Of Hawaii Reserve Benefit Trust Fund
The Painting Industry of Hawaii Reserve Benefit Trust Fund is dedicated to establishing a reserve for the purpose of reimbursing eligible participants and their dependents for hospital, medical, dental, and similar benefits following their retirement. In simpler terms, this nonprofit organization aims to provide health benefits for those who have retired from the painting industry in Hawaii, ensuring they have access to necessary medical care during their post-retirement years. The primary goal of the Painting Industry of Hawaii Reserve Benefit Trust Fund is to create a safety net for its members, ensuring they can maintain their health and well-being after they retire from their respective painting-related professions.
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Impact
October, 2024
The Painting Industry Of Hawaii Reserve Benefit Trust Fund significantly impacts the health and financial well-being of eligible participants in the painting industry in Hawaii. By creating a financial reserve specifically designed for the reimbursement of hospital, medical, dental, and similar benefits, the fund ensures that retirees and their dependents have access to essential healthcare services.
This initiative mitigates the financial burden associated with healthcare costs in retirement, providing a safety net for those who have dedicated their careers to the industry. Furthermore, it fosters a sense of security and peace of mind, allowing retirees to focus on their well-being and quality of life without the stress of potential medical expenses.
In addition to promoting individual health, the fund contributes positively to the overall stability of the community by enhancing the quality of life for retirees. By ensuring that veterans of the painting industry can access necessary medical care, it supports a larger commitment to the welfare of workers and their families within the industry in Honolulu and beyond.
This information is meant to be a general summary of Painting Industry Of Hawaii Reserve Benefit Trust Fund. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $415,245
- Program Service Revenue: $678,454
- Gross Receipts: $8,771,620
Assets and Liabilities:
- Total Assets: $7,531,738
- Total Liabilities: $239,546
- Net Assets: $7,292,192
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$678,453
LIQUIDATED DAMAGES
Revenue
$1
Organization Details
Founding Year
2003
Phone
(808) 523-9411Principal Officer
Ryden Valmoja Dean Naga
Main Address
CO GROUP PLAN ADMIN INC PH-4, HONOLULU, HI, 96813
NTEE Category
Code: Y43 - Mutual benefit
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