U A Local 393 Health & Welfare Trust

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

EIN: 946401544 ✦ San jose, CA ✦ Designated as a 501(c)(9)

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Overview

What is U A Local 393 Health & Welfare Trust?

UA Local 393 Health & Welfare Trust is a nonprofit organization situated in San Jose, California, specifically at 1731 Technology Drive Suite 570. Their primary mission is to provide eligible participants and their dependents with comprehensive health and welfare benefits as outlined in collective bargaining agreements between their union and various employers. Operating within a multiemployer plan, they aim to ensure access to essential benefits for those involved.

Is U A Local 393 Health & Welfare Trust legitimate?

U A Local 393 Health & Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. U A Local 393 Health & 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: $9,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,580

For more financial information, click here

What is the mission statement of U A Local 393 Health & Welfare Trust?

The UA Local 393 Health & Welfare Trust is dedicated to delivering health and welfare benefits to eligible participants and their dependents. This commitment is shaped by the collective bargaining agreements reached between the employers and the union within a multiemployer plan. The Trust's primary objective is to ensure that these benefits are provided in accordance with these agreements. By doing so, it enhances the overall wellbeing of the beneficiaries and maintains a strong social contract between the involved parties.

Who is the CEO of U A Local 393 Health & Welfare Trust?

Eric Mussynski is the Plan Director of U A Local 393 Health & Welfare Trust.

What is the revenue of U A Local 393 Health & Welfare Trust?

U A Local 393 Health & Welfare Trust's revenue in 2022 was $69,622,779.

Who are the executives of U A Local 393 Health & Welfare Trust and what are their salaries?

The average compensation at U A Local 393 Health & Welfare Trust during 2022 was $82,439. There are 2 employees and 10 volunteers at U A Local 393 Health & Welfare Trust.


Here are 14 key members and their salaries:


Suzanne H Needham (Plan Director)
  • Compensation: $206,415
  • Related: $0
  • Other: $80,813
Gregory Gonzales (Trustee)
  • Compensation: $4,845
  • Related: $0
  • Other: $0
Karl Baumheckel (Trustee)
  • Compensation: $2,775
  • Related: $0
  • Other: $0
Gary Glenn (Trustee)
  • Compensation: $1,678
  • Related: $0
  • Other: $0
Alex Hall (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Mussynski (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Vlaming (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Lowder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Conn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayd Lapearle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Nichols (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Dills (Trustee Thru 11/14/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leroy Ginn (Trustee Thru 1/12/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Whalen (Trustee Thru 2/25/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for U A Local 393 Health & Welfare Trust?

U A Local 393 Health & Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of U A Local 393 Health & Welfare Trust

U A Local 393 Health & Welfare Trust is a nonprofit organization dedicated to delivering health and welfare benefits to eligible participants and their dependents. Established through collective bargaining agreements between employers and the union, this multiemployer plan strives to ensure the availability of essential benefits for its members.

The mission of U A Local 393 Health & Welfare Trust is to provide comprehensive health and welfare benefits according to the terms outlined in collective bargaining agreements. By acting as a trusted intermediary, the Trust facilitates access to essential benefits for its participants, ensuring they can focus on their personal and professional growth without worrying about their wellbeing. The Trust's commitment to its members' health and welfare is evident in its unwavering adherence to the agreements it has negotiated on their behalf.

Through its multiemployer plan, U A Local 393 Health & Welfare Trust offers a wide range of benefits designed to support the overall well-being of its participants. These benefits may include, but are not limited to, medical, dental, vision, prescription drug coverage, mental health services, and wellness programs. By pooling resources from multiple employers, the Trust is able to offer competitive benefits that might not be accessible to individual employers alone. The Trust's focus on collective bargaining and collaboration enables it to deliver value to its members and foster a strong sense of community among the participating organizations.

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Impact




October, 2024

U A Local 393 Health & Welfare Trust significantly impacts the community by ensuring eligible participants and their dependents receive essential health and welfare benefits. This is achieved through a multiemployer plan structured around collective bargaining agreements between employers and the union. Situated in San Jose, CA, the Trust plays a crucial role in promoting the well-being of its members by providing access to vital healthcare services and support. By focusing on mutual benefit, the Trust not only enhances individual health outcomes but also fosters a sense of security and stability among workers and their families. This, in turn, strengthens the workforce and contributes to the overall economic health of the community.




This information is meant to be a general summary of U A Local 393 Health & 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
$69,622,779 (2022)
Expenses
$68,253,864 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,514,266
  • Program Service Revenue: $65,968,410
  • Gross Receipts: $150,277,980

Assets and Liabilities:

  • Total Assets: $177,958,675
  • Total Liabilities: $85,990,603
  • Net Assets: $91,968,072

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$56,881,528

ERA CONTRIBUTIONS

Revenue

$7,391,901

COBRA CONTRIBUTIONS

Revenue

$228,175

LIQUIDATED DAMAGES

Revenue

$36,503

RETIREE & SELF-PAY CONTRIBUTIONS

Revenue

$1,430,303

Organization Details

Founding Year

1952

Principal Officer

Eric Mussynski

Main Address

1731 TECHNOLOGY DRIVE Suite 570, SAN JOSE, CA, 95110

NTEE Category

Code: Y40 - Mutual benefit

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