Overview
What is Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund?
The Oregon-Washington Carpenters-Employers Health and Welfare Trust Fund is a nonprofit organization based in Seattle, Washington. Their mission is to provide insurance coverage to participants and their dependents, with contributions primarily from employers and self-payments. The trust fund operates in accordance with its plan provisions to offer this essential benefit.
What are the reviews and ratings of this charity?
The Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund is not currently rated by Charity Navigator. This nonprofit organization is not evaluated under Charity Navigator's usual systems because it is not a 501(c)(3) IRS registered nonprofit. Thus, typical metrics such as Accountability & Finance, Impact & Measurement, and others are not applicable, and there is no indication of the organization's operational effectiveness from this source.
Charity Navigator clarifies that the absence of a rating is not inherently positive or negative; rather, the organization simply remains unevaluated under their frameworks, which cater primarily to tax-exempt and contribution-eligible nonprofits. The Trust Fund operates independently without national or regional affiliation, as suggested by its foundation status in IRS records.
Due to the lack of evaluation and data regarding total revenue, expenses, or key salaries, the financial and operational transparency of this organization can't be assessed through Charity Navigator's usual criteria. Without insights from user reviews on GreatNonprofits, public sentiment and specific experiences with this nonprofit remain unreported.
This AI summary has been generated from information found on Charity Navigator.
Is Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund legitimate?
Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Oregon-Washington Carpenters-Employers Health And Welfare 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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund?
The Oregon-Washington Carpenters-Employers Health and Welfare Trust Fund is committed to providing insurance coverage for participants and their dependents. This is made possible through contributions paid by employers and self-payments, in accordance with the plan's provisions. The Fund's primary goal is to ensure access to insurance for those it serves. By pooling resources, it offers a collective solution for securing healthcare coverage. The Fund's mission aligns with the shared interests of its contributors, enabling them to provide essential benefits for their workforce. Its role is vital in facilitating healthcare security for those within the carpentry industry.
Who is the CEO of Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund?
Stephen Hoffman is the Principal Officer of Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund.
What is the revenue of Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund?
Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund's revenue in 2021 was $86,042,069.
Who are the executives of Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund?
Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund
The Oregon-Washington Carpenters-Employers Health and Welfare Trust Fund is a dedicated organization that provides insurance coverage to participants and their dependents. Funded through contributions paid by employers and self-payments, it operates in accordance with the plan's provisions to ensure comprehensive insurance coverage.
Established with a clear mission, the Trust Fund prioritizes the well-being of its members. It offers a safety net for individuals and their families, providing them with essential health benefits. The Trust Fund's commitment is to create a secure environment where participants can focus on their professional growth without the added stress of health concerns.
In practice, the Trust Fund acts as a crucial partner to employers, offering an attractive benefit package that aids in employee recruitment and retention. By pooling resources and negotiating favorable rates with healthcare providers, the Trust Fund maximizes the value of the insurance coverage for its members. Additionally, the Trust Fund's self-payment option allows individuals to contribute towards their own insurance coverage, further expanding access to the benefits it offers.
Through its unwavering dedication to providing insurance coverage, the Oregon-Washington Carpenters-Employers Health and Welfare Trust Fund empowers its participants to focus on their personal and professional growth, ensuring peace of mind and financial stability for themselves and their families.
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Impact
October, 2024
The Oregon-Washington Carpenters-Employers Health And Welfare Trust Fund plays a crucial role in enhancing the well-being of individuals and families within the carpentry profession. By providing insurance coverage to participants and their dependents, it ensures access to essential health services, which can significantly reduce financial stress associated with medical expenses.
Funded through contributions from employers and self-payments, the Trust Fund enables carpenters and their families to receive necessary healthcare, including preventive services, treatments, and emergency care. This support not only promotes healthier lifestyles and work environments but also contributes to increased job satisfaction and improved productivity among workers who feel secure in their health coverage.
In addition to addressing immediate health concerns, the Trust Fund fosters long-term stability in the workforce by creating a safety net that prepares participants for unforeseen medical challenges. This ultimately strengthens the carpentry community as a whole, allowing professionals to focus on their craft with peace of mind regarding their health and financial security.
This information is meant to be a general summary of Oregon-Washington Carpenters-Employers Health And Welfare 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 2021.
- Investment Income: $4,716,834
- Program Service Revenue: $81,325,235
- Gross Receipts: $124,469,479
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS, NET
Revenue
$78,027,310
PARTICIPANT CONTRIBUTIONS
Revenue
$3,297,925
Organization Details
Founding Year
1956
Phone
(206) 441-6514Principal Officer
Stephen Hoffman
Main Address
2200 SIXTH AVE STE 300, SEATTLE, WA, 98121
NTEE Category
Code: Y40 - Mutual benefit
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