Electrical Workers Health And Welfare Trust Fund For San Francisco

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

EIN: 946061762 ✦ San francisco, CA ✦ Designated as a 501(c)(9)

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Overview

What is Electrical Workers Health And Welfare Trust Fund For San Francisco?

The Electrical Workers Health and Welfare Trust Fund for San Francisco is a nonprofit organization dedicated to offering insurance coverage to participants and their family members. Based in San Francisco, California (94102), the organization receives contributions from employers to provide insurance benefits in accordance with the plan's provisions. Their mission focuses on extending insurance coverage to those associated with the electrical industry within the specified area.

Is Electrical Workers Health And Welfare Trust Fund For San Francisco legitimate?

Electrical Workers Health And Welfare Trust Fund For San Francisco is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electrical Workers Health And Welfare Trust Fund For San Francisco 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 Electrical Workers Health And Welfare Trust Fund For San Francisco?

The Electrical Workers Health and Welfare Trust Fund aims to offer insurance coverage to participants and their family members. This is made possible through contributions paid by employers in accordance with the plan provisions. The trust fund serves to provide essential health benefits, ensuring the wellbeing of the workforce. By offering insurance coverage, it enables individuals to access necessary medical services and maintain their overall health. This commitment to health care security directly contributes to the overall welfare of the workforce and their families.

Who is the CEO of Electrical Workers Health And Welfare Trust Fund For San Francisco?

Tom Coleman is the Trustee of Electrical Workers Health And Welfare Trust Fund For San Francisco.

What is the revenue of Electrical Workers Health And Welfare Trust Fund For San Francisco?

Electrical Workers Health And Welfare Trust Fund For San Francisco's revenue in 2023 was $45,396,242.

Who are the executives of Electrical Workers Health And Welfare Trust Fund For San Francisco and what are their salaries?


Here are 9 key members and their salaries:


Leonard Lynch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Coleman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Reed (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Doherty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Almanza (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Vogl (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Salazar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Au Yeung (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Saroyan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Electrical Workers Health And Welfare Trust Fund For San Francisco?

Electrical Workers Health And Welfare Trust Fund For San Francisco's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Electrical Workers Health And Welfare Trust Fund For San Francisco

The Electrical Workers Health and Welfare Trust Fund for San Francisco is a nonprofit organization dedicated to providing insurance coverage for participants and their families. The organization obtains funds for this mission through contributions made by employers, in accordance with the established plan provisions.

In simpler terms, the Electrical Workers Health and Welfare Trust Fund for San Francisco serves as a vital safety net for its members, offering insurance benefits that protect and support them and their loved ones. The organization's primary role is to collect and distribute financial resources to ensure eligible individuals have access to essential health and wellness services.

By pooling resources from various employers, the Trust Fund is able to offer comprehensive insurance coverage to a significant number of people. This collective effort not only benefits the individual participants but also extends protection to their family members. Ultimately, the Electrical Workers Health and Welfare Trust Fund for San Francisco plays a crucial role in promoting health and well-being for its members, providing them with peace of mind and financial security.

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Impact




October, 2024

The Electrical Workers Health and Welfare Trust Fund for San Francisco serves a critical role in providing essential insurance coverage to participants and their families. By leveraging contributions from employers, the fund ensures that members receive necessary health benefits in accordance with established plan provisions. This support enhances the overall well-being of electrical workers and their dependents, offering financial security during times of medical need. Through its mission, the trust fund plays a pivotal role in promoting the health and welfare of the electrical workforce in the San Francisco area.




This information is meant to be a general summary of Electrical Workers Health And Welfare Trust Fund For San Francisco. 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
$45,396,242 (2023)
Expenses
$48,973,369 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,830,052
  • Program Service Revenue: $43,566,190
  • Gross Receipts: $103,714,383

Assets and Liabilities:

  • Total Assets: $89,988,963
  • Total Liabilities: $20,974,865
  • Net Assets: $69,014,098

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$37,670,833

DIRECT PAYMENT CONTRIBUTIONS

Revenue

$5,895,357

Organization Details

Founding Year

1953

Principal Officer

Tom Coleman

Main Address

720 MARKET ST STE 700, SAN FRANCISCO, CA, 94102

NTEE Category

Code: Y40 - Mutual benefit

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