Overview
What is California Metal Trades Association Trust?
The California Metal Trades Association Trust is a nonprofit organization situated in Burlingame, California. Their primary focus is to offer group health insurance benefits to their member subscribers at discounted rates. This includes various insurance coverage options such as hospital, HMO, medical, dental, life, and disability insurance. By pooling resources, they provide affordable insurance plans for employees of subscribing firms, thereby ensuring their health and well-being. The Trust's mission is rooted in providing cost-effective insurance solutions, thereby promoting overall health and financial security for its members.
Is California Metal Trades Association Trust legitimate?
California Metal Trades Association Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. California Metal Trades Association 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
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What is the mission statement of California Metal Trades Association Trust?
The California Metal Trades Association Trust has a mission to offer group health insurance benefits to its member firms at reduced group rates. This organization facilitates the payment of premiums for various types of insurance, including hospital, HMO, medical, dental, life, and death and dismemberment policies, on behalf of its subscribing firms. By providing group health insurance at affordable rates, the California Metal Trades Association Trust aims to support the well-being of employees within its member firms.
Who is the CEO of California Metal Trades Association Trust?
Thomas A Dillon is the President of California Metal Trades Association Trust.
What is the revenue of California Metal Trades Association Trust?
California Metal Trades Association Trust's revenue in 2022 was $301,043.
Who are the executives of California Metal Trades Association Trust and what are their salaries?
There 1 volunteer at California Metal Trades Association Trust.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for California Metal Trades Association Trust?
California Metal Trades Association Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of California Metal Trades Association Trust
The California Metal Trades Association Trust, in its mission, aims to extend group health insurance benefits to its member firms at competitive group rates. This nonprofit organization serves to manage the premiums for hospital coverage, HMOs, medical services, dental plans, life insurance, and death and dismemberment insurance on behalf of its subscribing businesses. By doing so, the California Metal Trades Association Trust enables its member firms to provide comprehensive health insurance coverage to their employees at more affordable group rates. This approach not only benefits the employees but also supports the financial well-being of the subscribing firms.
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Impact
October, 2024
California Metal Trades Association Trust significantly impacts its members by offering group health insurance at competitive rates. This ensures that employees of subscribing firms have access to essential healthcare services, including hospital care, HMO services, and various medical benefits. By covering premiums for medical, dental, life, and death and dismemberment insurance, the Trust enhances the overall well-being of employees, leading to a healthier workforce. This financial support allows firms to attract and retain skilled workers, fostering stability and growth within the metal trades sector in California. Ultimately, the Trust not only benefits individual members but also strengthens the collective bargaining power of the industry.
This information is meant to be a general summary of California Metal Trades Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11,453
- Program Service Revenue: $288,290
- Gross Receipts: $301,043
Assets and Liabilities:
- Total Assets: $468,310
- Total Liabilities: $542,331
- Net Assets: -$74,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS' PREMIUMS
Revenue
$288,290
Organization Details
Founding Year
1949
Phone
(650) 558-8384Principal Officer
Thomas A Dillon
Main Address
851 BURLWAY ROAD 216, BURLINGAME, CA, 940101709
NTEE Category
Code: Y40 - Mutual benefit
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