Overview
What is Operating Engineers Health And Welfare Trust Fund?
The Operating Engineers Health and Welfare Trust Fund is a nonprofit organization based in Alameda, California, specifically located at 1141 Harbor Bay PKWY STE 100. Its primary mission is to provide health and welfare benefits to eligible employees and their dependents, as outlined in the collective bargaining agreement between employers and the union. This organization is dedicated to enhancing the wellbeing of its members by offering comprehensive health and welfare benefits.
Is Operating Engineers Health And Welfare Trust Fund legitimate?
Operating Engineers Health And Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers 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.
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What is the mission statement of Operating Engineers Health And Welfare Trust Fund?
The Operating Engineers Health and Welfare Trust Fund is dedicated to delivering health and welfare benefits to eligible employees and their dependents, as outlined in the collective bargaining agreement between the union and employers. The primary mission of this trust fund is to ensure the well-being of its beneficiaries by providing essential health services and welfare support. Through this commitment, the Trust Fund strives to improve the overall quality of life for the covered individuals, fostering a secure and healthy environment for them to thrive. By adhering to the terms of the collective bargaining agreement, the organization focuses on enhancing the benefits package to accommodate the changing needs of its members, thus maintaining a strong and supportive community.
Who is the CEO of Operating Engineers Health And Welfare Trust Fund?
Dan Reding is the Trustee of Operating Engineers Health And Welfare Trust Fund.
What is the revenue of Operating Engineers Health And Welfare Trust Fund?
Operating Engineers Health And Welfare Trust Fund's revenue in 2022 was $323,160,664.
Who are the executives of Operating Engineers Health And Welfare Trust Fund and what are their salaries?
Here are 23 key members and their salaries:
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Where can I find the form 990 for Operating Engineers Health And Welfare Trust Fund?
Operating Engineers Health And Welfare Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Operating Engineers Health And Welfare Trust Fund
The Operating Engineers Health and Welfare Trust Fund is a dedicated organization that extends health and welfare benefits to eligible employees and their dependents, as outlined in the collective bargaining agreement between their employers and the union. This nonprofit entity prioritizes the well-being of its members by providing essential health and welfare services.
Through the collective bargaining agreement, the Operating Engineers Health and Welfare Trust Fund ensures that eligible employees and their families have access to a comprehensive range of health and welfare benefits. By adhering to the terms of this agreement, the Trust Fund has become a valuable resource for its members, offering them peace of mind and security in knowing that their essential needs are being met. The Trust Fund's mission is unwavering, as it strives to maintain the health and well-being of its beneficiaries, thereby contributing to their overall quality of life.
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Impact
October, 2024
The Operating Engineers Health and Welfare Trust Fund plays a crucial role in securing health and welfare benefits for eligible employees and their dependents. By adhering to the collective bargaining agreement established between employers and the union, the Fund ensures that workers receive necessary health services, which can significantly enhance their quality of life. This support not only helps individuals manage their medical expenses but also promotes overall workforce stability and morale.
In a broader context, the Fund's commitment to providing these essential benefits fosters a healthier workforce, which can lead to increased productivity and reduced absenteeism. This, in turn, benefits employers and the economy as a whole. Through its initiatives in Alameda, CA, the Trust Fund has made a tangible impact on the health and well-being of the community it serves, reflecting a strong commitment to mutual benefit and support for working families.
This information is meant to be a general summary of Operating Engineers 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 2022.
- Investment Income: $14,125,474
- Program Service Revenue: $308,633,783
- Gross Receipts: $511,540,264
Assets and Liabilities:
- Total Assets: $757,531,768
- Total Liabilities: $272,195,523
- Net Assets: $485,336,245
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$307,601,511
PARTICIPANT CONTRIBUTIONS
Revenue
$1,032,272
Organization Details
Founding Year
1981
Phone
(510) 671-8800Principal Officer
Dan Reding
Main Address
1141 HARBOR BAY PKWY STE 100, ALAMEDA, CA, 94502
NTEE Category
Code: Y40 - Mutual benefit
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