Laborers Health & Welfare Trust Fund For Northern California

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

EIN: 941235152 ✦ Pleasanton, CA ✦ Designated as a 501(c)(9)

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Overview

What is Laborers Health & Welfare Trust Fund For Northern California?

The Laborers Health & Welfare Trust Fund For Northern California is a nonprofit organization situated in Pleasanton, California, at 5672 Stoneridge Drive Suite 100. Its primary function is to extend health and welfare benefits to eligible participants covered under the collective bargaining agreements between their employers and the union. This charitable entity is dedicated to ensuring the well-being of its members by providing comprehensive benefits.

What are the reviews and ratings of this charity?

The Laborers Health & Welfare Trust Fund For Northern California is not currently rated by Charity Navigator. This is primarily because the organization is not a 501(c)(3) registered nonprofit with the IRS, which is a requirement for evaluation under Charity Navigator's methodologies. The absence of a rating does not necessarily reflect a positive or negative assessment.

This organization operates independently and is classified in a category that precludes it from being evaluated using standard nonprofit metrics such as Accountability & Finance and Impact & Measurement. The lack of available financial data and key person salary information further limits the ability to assess the organization via Charity Navigator's usual frameworks.

As there are no user reviews available on GreatNonprofits, specific feedback from those familiar with the organization's operations or impact is not currently accessible, leaving potential stakeholders with limited insights into its workings or reputation in the community.


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

Is Laborers Health & Welfare Trust Fund For Northern California legitimate?

Laborers Health & Welfare Trust Fund For Northern California is a legitimate nonprofit organization registered as a 501(c)(9) entity. Laborers Health & Welfare Trust Fund For Northern California 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 Laborers Health & Welfare Trust Fund For Northern California?

The Laborers Health & Welfare Trust Fund for Northern California is dedicated to providing health and welfare benefits to eligible participants. This mission is fulfilled by offering these benefits to individuals covered under the collective bargaining agreements between employers and the union. The Trust Fund prioritizes the health and wellbeing of its participants by delivering a range of benefits designed to support their overall well-being. By focusing on the provision of essential health and welfare services, the organization aims to enhance the quality of life for those it serves.

Who is the CEO of Laborers Health & Welfare Trust Fund For Northern California?

Bill Koponen is the Chair of Laborers Health & Welfare Trust Fund For Northern California.

What is the revenue of Laborers Health & Welfare Trust Fund For Northern California?

Laborers Health & Welfare Trust Fund For Northern California's revenue in 2022 was $419,401,531.

Who are the executives of Laborers Health & Welfare Trust Fund For Northern California and what are their salaries?


Here are 11 key members and their salaries:


Bill Koponen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar De La Torre (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Enrique Arguello (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Estrada (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Gardner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gorgas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramon Hernandez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Kniffin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Overaa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Troup (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
See Sch O For Compensation (Paid By Related Organizations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laborers Health & Welfare Trust Fund For Northern California?

Laborers Health & Welfare Trust Fund For Northern California's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Laborers Health & Welfare Trust Fund For Northern California

The Laborers Health & Welfare Trust Fund for Northern California is a dedicated organization that focuses on delivering health and welfare benefits to eligible participants. This fund, established under the collective bargaining agreements between employers and the union, is committed to improving the wellbeing of its covered members.

By providing a range of health and welfare benefits, the Laborers Health & Welfare Trust Fund for Northern California ensures that its participants have access to essential services that enhance their quality of life. The Trust Fund's primary objective is to safeguard the health and overall well-being of its members, enabling them to live healthy, productive lives.

In accomplishing its mission, the Laborers Health & Welfare Trust Fund for Northern California offers various benefits tailored to the needs of its participants. These benefits encompass medical, dental, vision, and prescription drug coverage, as well as disability and life insurance. By extending these services to eligible members, the Trust Fund not only addresses the immediate health concerns of its participants but also equips them with the resources needed to face future challenges with confidence.

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Impact




October, 2024

Laborers Health & Welfare Trust Fund For Northern California significantly impacts the lives of eligible participants by providing essential health and welfare benefits. This support is crucial for those covered under collective bargaining agreements between employers and the union. By ensuring access to health care, medical services, and various welfare benefits, the Trust Fund plays a vital role in promoting the well-being and financial security of laborers and their families. The Fund helps alleviate the burden of health-related costs, enabling participants to focus on their work and personal lives with greater peace of mind. Overall, it strengthens the community by enhancing the quality of life for individuals affiliated with the labor force in Northern California.




This information is meant to be a general summary of Laborers Health & Welfare Trust Fund For Northern California. 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
$419,401,531 (2022)
Expenses
$390,921,666 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $416,939
  • Program Service Revenue: $411,407,111
  • Gross Receipts: $1,071,989,078

Assets and Liabilities:

  • Total Assets: $444,442,259
  • Total Liabilities: $200,042,538
  • Net Assets: $244,399,721

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$383,969,299

PARTICIPANT CONTRIBUTIONS

Revenue

$13,556,970

REBATES & SUBSIDIES

Revenue

$13,880,842

Organization Details

Founding Year

1953

Principal Officer

Bill Koponen

Main Address

5672 Stoneridge Drive Suite 100, Pleasanton, CA, 94588

NTEE Category

Code: Y40 - Mutual benefit

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