Automotive Industries Welfare Fund

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

EIN: 946078226 ✦ Dublin, CA ✦ Designated as a 501(c)(9)

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Overview

What is Automotive Industries Welfare Fund?

The Automotive Industries Welfare Fund is a nonprofit organization with a mission to provide health and welfare benefits in a multi-employer plan. Based in Dublin, California, at 4160 Dublin Boulevard Suite 400, the fund serves eligible participants covered under collective bargaining agreements. With a team of 128 employees, they offer essential services to their community. The organization focuses on delivering health and welfare benefits within the framework of a multi-employer plan.

Is Automotive Industries Welfare Fund legitimate?

Automotive Industries Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Automotive Industries Welfare 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $107,360

For more financial information, click here

What is the mission statement of Automotive Industries Welfare Fund?

The Automotive Industries Welfare Fund is committed to providing health and welfare benefits to eligible participants under a multiemployer plan. This organization serves those covered by collective bargaining agreements, ensuring they have access to essential benefits. The mission of the Automotive Industries Welfare Fund is to enhance the well-being of its members by delivering comprehensive health and welfare coverage. Through this mission, the Fund aims to promote the overall health and financial security of its participants, ultimately improving their quality of life. The Fund's multiemployer plan offers a range of benefits designed to support the physical, emotional, and financial needs of its members. By pooling resources from various employers, the Fund is able to offer a robust benefits package that addresses the diverse needs of its participants.

Who is the CEO of Automotive Industries Welfare Fund?

Tom Dillon is the Fund Manager of Automotive Industries Welfare Fund.

What is the revenue of Automotive Industries Welfare Fund?

Automotive Industries Welfare Fund's revenue in 2022 was $48,070,898.

Who are the executives of Automotive Industries Welfare Fund and what are their salaries?

The average compensation at Automotive Industries Welfare Fund during 2022 was $839. There are 128 employees at Automotive Industries Welfare Fund.


Here are 11 key members and their salaries:


Charles Besocke (Fund Manager)
  • Compensation: $176,000
  • Related: $0
  • Other: $61,630
Don Crosatto (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Mack (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Dibernardo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Morales (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Beno (Co-Chair (Thru 7/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Dillon (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sowinski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Schwantz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Martin (Trustee (Effective 7/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
See Schedule O For Compensation (Paid By Related Organizations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Automotive Industries Welfare Fund?

Automotive Industries Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Automotive Industries Welfare Fund

The Automotive Industries Welfare Fund is a multi-employer plan that is dedicated to providing health and welfare benefits to eligible participants. This nonprofit organization's mission is to ensure that those covered under collective bargaining agreements have access to essential benefits that enhance their quality of life.

In simple terms, the Automotive Industries Welfare Fund serves as a safety net for individuals employed in the automotive industry. It offers a comprehensive range of health and welfare benefits, which are designed to support the well-being and overall wellness of the covered workers. The Fund's commitment to providing these benefits under a multi-employer plan makes it an essential resource for the industry.

Through its mission, the Automotive Industries Welfare Fund is able to extend its reach to a significant number of individuals, ensuring they have access to crucial benefits that can help them maintain their physical and emotional well-being. This nonprofit organization plays a vital role in providing peace of mind to the workers it serves, knowing that they have access to essential benefits when they need them most.

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Impact




October, 2024

The Automotive Industries Welfare Fund plays a crucial role in enhancing the quality of life for eligible participants covered under collective bargaining agreements. By providing comprehensive health and welfare benefits through a multiemployer plan, the Fund ensures that workers in the automotive industry have access to vital services that promote their physical and mental well-being. This support not only contributes to healthier individuals and families but also fosters a more productive workforce, as workers can focus on their jobs without the added stress of health-related financial concerns.

Operating out of Dublin, CA, the Fund's commitment to mutual benefit illustrates its dedication to creating an environment where employees can thrive. By safeguarding the health and welfare of its participants, the Automotive Industries Welfare Fund strengthens the overall automotive community, ultimately benefiting employers and the industry at large.




This information is meant to be a general summary of Automotive Industries Welfare 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.

Revenue
$48,070,898 (2022)
Expenses
$47,915,672 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,490
  • Program Service Revenue: $47,564,822
  • Gross Receipts: $104,751,148

Assets and Liabilities:

  • Total Assets: $49,092,969
  • Total Liabilities: $4,153,973
  • Net Assets: $44,938,996

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Programs

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

Employer Contributions

Revenue

$45,476,225

Participant Contributions

Revenue

$264,617

Liquidated Damages

Revenue

$42,796

Stop Loss Reimbursment

Revenue

$1,445,154

Prescription Rebates

Revenue

$336,030

Organization Details

Founding Year

1956

Principal Officer

Tom Dillon

Main Address

4160 Dublin Boulevard Suite 400, Dublin, CA, 945687756

NTEE Category

Code: Y40 - Mutual benefit

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