Los Angeles Machinist Benefit Trust

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

EIN: 952755074 ✦ Pleasant hill, CA ✦ Designated as a 501(c)(9)

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Overview

What is Los Angeles Machinist Benefit Trust?

Los Angeles Machinist Benefit Trust is a nonprofit organization located at 3313 Vincent Road 216, Pleasant Hill, CA, 94523. Their primary mission is to extend health care benefits to eligible participants who are covered under collective bargaining agreements between the union and employers, as well as non-union employer agreements with the Trust. The Trust's activities revolve around providing essential health care benefits to those covered by the aforementioned agreements.


Official website here: www.lambt.org

Is Los Angeles Machinist Benefit Trust legitimate?

Los Angeles Machinist Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Los Angeles Machinist Benefit 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

For more financial information, click here


Official website here: www.lambt.org

What is the mission statement of Los Angeles Machinist Benefit Trust?

The Los Angeles Machinist Benefit Trust is dedicated to providing health care benefits to eligible participants. This mission is fulfilled by offering coverage to individuals under collective bargaining agreements between the union and employers, as well as non-union employer agreements with the trust. The Trust's primary goal is to ensure that eligible participants receive necessary health care benefits, supporting their overall well-being. By focusing on health care coverage, the Trust aims to provide peace of mind and essential care to those it serves. Additionally, the Trust's efforts contribute to the broader objective of maintaining a healthy and productive workforce.


Official website here: www.lambt.org

Who is the CEO of Los Angeles Machinist Benefit Trust?

Kevin Kucera is the Trustee of Los Angeles Machinist Benefit Trust.


Official website here: www.lambt.org

What is the revenue of Los Angeles Machinist Benefit Trust?

Los Angeles Machinist Benefit Trust's revenue in 2022 was $24,357,613.


Official website here: www.lambt.org

Who are the executives of Los Angeles Machinist Benefit Trust and what are their salaries?


Here are 8 key members and their salaries:


Bill Bistline (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurence Bear (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Greco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Rapp (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Kucera (Chair)
  • Compensation: $0
  • Related: $134,890
  • Other: $22,428
Jack Morck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salvador Vasquez (Trustee)
  • Compensation: $0
  • Related: $110,262
  • Other: $19,848
David W Brewer Sr (Trustee)
  • Compensation: $0
  • Related: $128,005
  • Other: $21,756


Official website here: www.lambt.org

Where can I find the form 990 for Los Angeles Machinist Benefit Trust?

Los Angeles Machinist Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lambt.org

Learn more at the official website: www.lambt.org

Mission Statement of Los Angeles Machinist Benefit Trust

The Los Angeles Machinist Benefit Trust is a dedicated organization that extends health care benefits to eligible participants. Covered under collective bargaining agreements between unions and employers, as well as non-union employer agreements with the Trust, this nonprofit ensures that a substantial number of individuals receive essential health care services. Its primary mission is to deliver healthcare benefits to these participants, safeguarding their wellbeing and promoting overall health. The Trust's commitment to this cause is unwavering, striving to make health care accessible to a diverse group of individuals.

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Impact




October, 2024

The Los Angeles Machinist Benefit Trust significantly enhances the well-being of eligible participants by providing critical health care benefits. These benefits are specifically designed for individuals covered under collective bargaining agreements between unions and their employers, as well as non-union employer agreements with the Trust. This approach ensures that workers receive essential health care services, fostering a healthier workforce and promoting financial security among members.

Furthermore, by prioritizing health care coverage, the Trust reinforces the value of collective bargaining, empowering unions to negotiate better terms for their members. This support not only benefits the individuals directly involved but also contributes to a more robust economy by reducing the financial burden of health care costs on families. Overall, the Trust plays a crucial role in improving the quality of life for workers and their families in the community.




This information is meant to be a general summary of Los Angeles Machinist Benefit 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
$24,357,613 (2022)
Expenses
$23,225,732 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $533,147
  • Program Service Revenue: $23,815,268
  • Gross Receipts: $24,357,613

Assets and Liabilities:

  • Total Assets: $14,430,382
  • Total Liabilities: $718,184
  • Net Assets: $13,712,198

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$22,551,088

RETIREE SELF PAYMENTS

Revenue

$1,264,180

Organization Details

Founding Year

1971

Principal Officer

Kevin Kucera

Main Address

3313 VINCENT ROAD 216, PLEASANT HILL, CA, 94523

NTEE Category

Code: Y40 - Mutual benefit

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