Overview
What is Electrical Workers Health And Welfare Trust Fund?
The Electrical Workers Health and Welfare Trust Fund is a nonprofit organization based in Pleasanton, California, with the address 7180 Koll Center Pkwy STE 200. This entity's mission is dedicated to extending health benefits to participants, for whom employers make contributions as per their collective bargaining agreements. The Trust Fund's primary role is to ensure the well-being of the participants by providing them with essential health benefits.
Is Electrical Workers Health And Welfare Trust Fund legitimate?
Electrical Workers Health And Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electrical Workers 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.
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?
The Electrical Workers Health and Welfare Trust Fund is dedicated to extending health benefits to the eligible participants. Employers contribute to this fund in accordance with their collective bargaining agreements, facilitating the provision of these benefits. The primary mission of the Trust Fund is to safeguard the health and wellbeing of the participants by delivering essential health coverage. The Trust Fund's role is to administer and manage these health benefits, ensuring that they meet the needs of the participants effectively. By maintaining a strong commitment to this mission, the organization continues to provide valuable health resources and support for those it serves.
Who is the CEO of Electrical Workers Health And Welfare Trust Fund?
Greg Armstrong is the Management Trustee of Electrical Workers Health And Welfare Trust Fund.
What is the revenue of Electrical Workers Health And Welfare Trust Fund?
Electrical Workers Health And Welfare Trust Fund's revenue in 2023 was $46,404,305.
Who are the executives of Electrical Workers Health And Welfare Trust Fund and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $211,063
- Other: $84,337
- Compensation: $0
- Related: $183,967
- Other: $84,337
- Compensation: $0
- Related: $183,913
- Other: $84,337
- Compensation: $0
- Related: $12,892
- Other: $3,487
- Compensation: $0
- Related: $14,264
- Other: $1,865
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Electrical Workers Health And Welfare Trust Fund?
Electrical Workers Health And Welfare Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Electrical Workers Health And Welfare Trust Fund
The Electrical Workers Health and Welfare Trust Fund is a dedicated organization that offers health benefits to its participants. Employers contribute to the Trust Fund in accordance with their collective bargaining agreements, enabling the provision of these essential benefits. The mission of the Trust Fund is to ensure the health and wellbeing of those it serves by delivering comprehensive health coverage.
By pooling resources from various employers in the electrical industry, the Trust Fund is able to offer a broad range of health benefits to its participants. These benefits may include medical, dental, prescription drug coverage, and other essential services. The Trust Fund's primary focus is on ensuring access to quality healthcare for those who may not have it otherwise. The organization's commitment to its participants' health and wellbeing extends beyond just coverage, as it continually strives to provide a robust and comprehensive benefits package.
In essence, the Electrical Workers Health and Welfare Trust Fund acts as a safety net for its participants, offering them peace of mind in knowing that their health needs will be met. The organization's tireless efforts to secure and deliver health benefits have made a significant difference in the lives of countless individuals in the electrical industry and their families.
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Impact
October, 2024
The Electrical Workers Health and Welfare Trust Fund significantly impacts the health and well-being of its participants by providing essential health benefits as dictated by collective bargaining agreements between employers and employees. Located in Pleasanton, California, the trust fund ensures that workers in the electrical industry have access to necessary medical care, which can include everything from routine check-ups to more specialized treatments.
By facilitating employer contributions, the trust fund plays a vital role in reducing financial barriers to healthcare for participants. This not only supports the physical health of workers but also contributes to their overall job satisfaction and productivity. The benefits provided help cultivate a healthier workforce, which can lead to improved performance and lower absenteeism rates in the workplace.
Furthermore, the trust fund's mission fosters a sense of security among electrical workers and their families, knowing that they are covered in times of medical need. This mutual benefit promotes a stronger community within the industry and enhances the solidarity created through collective bargaining efforts. Overall, the trust fund's impact extends beyond individual health, positively influencing the entire electrical workforce and the industry as a whole.
This information is meant to be a general summary of Electrical Workers 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 2023.
- Investment Income: $719,527
- Program Service Revenue: $45,684,778
- Gross Receipts: $79,336,702
Assets and Liabilities:
- Total Assets: $74,774,734
- Total Liabilities: $18,090,511
- Net Assets: $56,684,223
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$43,424,914
PARTICIPANT CONTRIBUTIONS
Revenue
$2,259,864
Organization Details
Founding Year
1955
Phone
(925) 208-9999Principal Officer
Greg Armstrong
Main Address
7180 Koll Center Pkwy STE 200, Pleasanton, CA, 94566
NTEE Category
Code: Y40 - Mutual benefit
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