Walgreen Co And Local 648 Welfare Trust

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

EIN: 943087852 ✦ Concord, CA ✦ Designated as a 501(c)(9)

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Overview

What is Walgreen Co And Local 648 Welfare Trust?

Walgreen Co And Local 648 Welfare Trust is a nonprofit organization situated in Concord, California, specifically at 1000 Burnett Ave 110. Its primary mission is to extend health care benefits to around 549 eligible participants, who are enrolled under collective bargaining agreements between the union and the employer. The trust aims to provide health and welfare benefits to these individuals, ensuring their well-being and promoting their overall health.

Is Walgreen Co And Local 648 Welfare Trust legitimate?

Walgreen Co And Local 648 Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Walgreen Co And Local 648 Welfare 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Walgreen Co And Local 648 Welfare Trust?

The Walgreen Co And Local 648 Welfare Trust is dedicated to providing health and welfare benefits to eligible participants. This mission is carried out by offering healthcare benefits specifically designed for individuals who are covered under collective bargaining agreements between the union and the employer. As of the provided information, this organization extends these benefits to approximately 549 eligible participants. The trust aims to improve and support the health and well-being of its members by providing them with essential healthcare services.

Who is the CEO of Walgreen Co And Local 648 Welfare Trust?

Rick A Silva is the Chair of Walgreen Co And Local 648 Welfare Trust.

What is the revenue of Walgreen Co And Local 648 Welfare Trust?

Walgreen Co And Local 648 Welfare Trust's revenue in 2022 was $9,811,992.

Who are the executives of Walgreen Co And Local 648 Welfare Trust and what are their salaries?


Here are 4 key members and their salaries:


Michael Oettinger (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milton Hum (Secretary)
  • Compensation: $0
  • Related: $105,003
  • Other: $20,030
Dan Larson (Trustee)
  • Compensation: $0
  • Related: $116,245
  • Other: $20,030
Chris Dysinger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Walgreen Co And Local 648 Welfare Trust?

Walgreen Co And Local 648 Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Walgreen Co And Local 648 Welfare Trust

Walgreen Co And Local 648 Welfare Trust, as its name suggests, is a nonprofit entity with a mission to extend health and welfare benefits to eligible participants. More specifically, this organization focuses on providing healthcare benefits to individuals who fall under collective bargaining agreements between the union and the employer. With this mission, Walgreen Co And Local 648 Welfare Trust aims to support approximately 549 eligible participants by offering them essential healthcare benefits. The organization's goal is to contribute positively to the well-being of these individuals, ensuring they have access to necessary healthcare services.

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Impact




October, 2024

Walgreen Co And Local 648 Welfare Trust significantly contributes to the health and welfare of approximately 549 eligible participants in Concord, CA, by providing essential health care benefits. This initiative plays a crucial role in enhancing the overall well-being of individuals covered under collective bargaining agreements between the union and the employer. By ensuring access to health care, the Trust helps promote financial security, better health outcomes, and peace of mind for participants and their families, fostering a healthier workforce and community. The welfare benefits provided are essential in addressing medical needs, supporting preventive care, and managing chronic conditions, all of which contribute to a more productive and engaged labor force.




This information is meant to be a general summary of Walgreen Co And Local 648 Welfare 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
$9,811,992 (2022)
Expenses
$9,708,530 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $9,811,992
  • Gross Receipts: $9,811,992

Assets and Liabilities:

  • Total Assets: $2,049,255
  • Total Liabilities: $1,603,186
  • Net Assets: $446,069

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$7,699,553

EMPLOYEE CONTRIBUTIONS

Revenue

$2,112,439

Organization Details

Founding Year

1989

Principal Officer

Rick A Silva

Main Address

1000 BURNETT AVE 110, CONCORD, CA, 94520

NTEE Category

Code: Y40 - Mutual benefit

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