Hawaii Insulators Supplemental Unemployment Benefits Plan

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

EIN: 990208030 ✦ Honolulu, HI ✦ Designated as a 501(c)(9)

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Overview

What is Hawaii Insulators Supplemental Unemployment Benefits Plan?

Hawaii Insulators Supplemental Unemployment Benefits Plan is a multiemployer program based in Honolulu, Hawaii. Its primary objective is to offer additional unemployment and severance benefits to eligible participants. This nonprofit organization provides financial support during periods of job loss or employment transition, thereby offering a safety net for its participants. The plan includes both temporary unemployment aid and severance benefits, ensuring that those affected by job loss or employment termination receive adequate assistance.

Is Hawaii Insulators Supplemental Unemployment Benefits Plan legitimate?

Hawaii Insulators Supplemental Unemployment Benefits Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hawaii Insulators Supplemental Unemployment Benefits Plan 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 Hawaii Insulators Supplemental Unemployment Benefits Plan?

The mission of the Hawaii Insulators Supplemental Unemployment Benefits Plan is centered around providing supplemental unemployment and severance benefits to eligible participants. This is accomplished through a multiemployer plan, ensuring financial support during times of job loss or employment termination. The plan aims to offer an additional layer of security to its participants, providing them with essential financial assistance during challenging periods. The organization's activities are geared towards offering both supplemental unemployment benefits and severance packages, ensuring a smoother transition during employment changes.

Who is the CEO of Hawaii Insulators Supplemental Unemployment Benefits Plan?

Bernard Alvarezronald La is the Labor Trustee of Hawaii Insulators Supplemental Unemployment Benefits Plan.

What is the revenue of Hawaii Insulators Supplemental Unemployment Benefits Plan?

Hawaii Insulators Supplemental Unemployment Benefits Plan's revenue in 2023 was $342,105.

Who are the executives of Hawaii Insulators Supplemental Unemployment Benefits Plan and what are their salaries?

There are 54 employees at Hawaii Insulators Supplemental Unemployment Benefits Plan.


Here are 8 key members and their salaries:


Ronald Labanon Jr (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Inouye (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Silva (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Morales (Management Trustee (Altern)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Fulp (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernard Alvarez (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leroy Reformina (Labor Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Yoshikawa (Labor Trustee (Alternate))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hawaii Insulators Supplemental Unemployment Benefits Plan?

Hawaii Insulators Supplemental Unemployment Benefits Plan's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Hawaii Insulators Supplemental Unemployment Benefits Plan

The Hawaii Insulators Supplemental Unemployment Benefits Plan is a mission-driven organization with the primary goal of providing supplemental unemployment and severance benefits to eligible participants. This nonprofit operates as a multiemployer plan, offering a safety net during periods of unemployment or job loss. By offering these benefits, the plan aims to provide financial support and stability during challenging times, contributing to the overall well-being and peace of mind of its participants.

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Impact




October, 2024

The Hawaii Insulators Supplemental Unemployment Benefits Plan offers critical financial support to eligible participants during periods of unemployment or transition. By providing supplemental unemployment benefits, the plan helps bridge the gap for individuals who may not be fully covered by standard unemployment insurance, thereby alleviating financial stress during challenging times.

Additionally, the severance benefits provided through this multiemployer plan assist workers who may be laid off or facing job changes. This safety net enhances economic stability for participants in Honolulu, HI, supporting them as they navigate unemployment or seek new employment opportunities.

Overall, the plan plays a significant role in promoting mutual benefit among participating employers and workers, fostering a more resilient workforce capable of withstanding economic fluctuations.




This information is meant to be a general summary of Hawaii Insulators Supplemental Unemployment Benefits Plan. 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
$342,105 (2023)
Expenses
$259,536 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $33,720
  • Program Service Revenue: $308,385
  • Gross Receipts: $1,240,605

Assets and Liabilities:

  • Total Assets: $1,954,385
  • Total Liabilities: $15,609
  • Net Assets: $1,938,776

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$308,385

Organization Details

Founding Year

1979

Principal Officer

Bernard Alvarezronald La

Main Address

1440 KAPIOLANI BLVD 800, HONOLULU, HI, 96814

NTEE Category

Code: Y40 - Mutual benefit

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