Overview
What is Laundry & Dry Cleaning Workers Local No 52 Handw Trust?
Laundry & Dry Cleaning Workers Local No 52 Handw Trust is a nonprofit organization situated in Los Angeles, California. Their primary mission is to offer health and welfare benefits to approximately 1,378 eligible participants and their dependents, as outlined in collective bargaining agreements between employers and the union. This entails providing essential services such as medical coverage and other forms of assistance, contributing to the wellbeing of those involved.
Is Laundry & Dry Cleaning Workers Local No 52 Handw Trust legitimate?
Laundry & Dry Cleaning Workers Local No 52 Handw Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Laundry & Dry Cleaning Workers Local No 52 Handw 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:
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What is the mission statement of Laundry & Dry Cleaning Workers Local No 52 Handw Trust?
The Laundry & Dry Cleaning Workers Local No 52 Handw Trust's mission is centered around providing eligible participants and their dependents with essential health and welfare benefits. In accordance with collective bargaining agreements between employers and the union, the trust aims to offer these benefits to approximately 1,378 eligible individuals. The primary objective is to ensure the well-being of these workers and their families, providing them with necessary support. The trust serves as a vital resource, offering a range of benefits that improve the overall quality of life for those within its scope.
Who is the CEO of Laundry & Dry Cleaning Workers Local No 52 Handw Trust?
Christina Vasquez is the Chairman of Laundry & Dry Cleaning Workers Local No 52 Handw Trust.
What is the revenue of Laundry & Dry Cleaning Workers Local No 52 Handw Trust?
Laundry & Dry Cleaning Workers Local No 52 Handw Trust's revenue in 2022 was $11,302,215.
Who are the executives of Laundry & Dry Cleaning Workers Local No 52 Handw Trust and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Laundry & Dry Cleaning Workers Local No 52 Handw Trust?
Laundry & Dry Cleaning Workers Local No 52 Handw Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Laundry & Dry Cleaning Workers Local No 52 Handw Trust
Laundry & Dry Cleaning Workers Local No 52 Handw Trust is an organization committed to providing eligible participants and their dependents with essential health and welfare benefits. This nonprofit aims to fulfill this mission by adhering to collective bargaining agreements between employers and the union, ensuring approximately 1,378 eligible participants and their dependents gain access to these benefits. The trust's primary objective is to improve the well-being of its members and their families, offering a range of benefits that cater to their health needs. The trust's mission is crucial in supporting the workforce of the laundry and dry cleaning industry, ensuring they have access to essential healthcare services.
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Impact
October, 2024
Laundry & Dry Cleaning Workers Local No 52 Handw Trust significantly impacts the health and welfare of approximately 1,378 eligible participants and their dependents in the Los Angeles area. By providing essential health and welfare benefits in line with collective bargaining agreements, the Trust ensures that workers in the laundry and dry cleaning industry receive the necessary support to maintain their well-being. This assistance not only contributes to the financial stability of families but also fosters a healthier community overall. Through its dedicated efforts, the Trust enhances the quality of life for workers, offering peace of mind through accessible healthcare and welfare resources.
This information is meant to be a general summary of Laundry & Dry Cleaning Workers Local No 52 Handw 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: $630,723
- Program Service Revenue: $9,823,303
- Gross Receipts: $11,302,215
Assets and Liabilities:
- Total Assets: $40,074,283
- Total Liabilities: $2,528,258
- Net Assets: $37,546,025
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$9,740,830
COPAY CONTRIBUTIONS
Revenue
$44,380
COBRA CONTRIBUTIONS
Revenue
$38,093
Organization Details
Founding Year
1959
Phone
(562) 463-5060Principal Officer
Christina Vasquez
Main Address
1200 WILSHIRE BLVD FIFTH FLOOR, LOS ANGELES, CA, 90017
NTEE Category
Code: Y40 - Mutual benefit
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