Hawaii Carpenters Health & Welfare Fund

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

EIN: 996014752 ✦ Honolulu, HI ✦ Designated as a 501(c)(9)

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Overview

What is Hawaii Carpenters Health & Welfare Fund?

The Hawaii Carpenters Health & Welfare Fund is a charitable organization headquartered in Honolulu, Hawaii, with a zip code of 96817. Their primary mission involves managing employee benefit plans, providing essential health and welfare services to an estimated 4,293 eligible participants under two plans. The plans encompass medical, dental, and life insurance coverage, among other benefits. Their objective remains dedicated to the operation and execution of these plans.


Official website here: www.hbai.net

What are the reviews and ratings of this charity?

The Hawaii Carpenters Health & Welfare Fund currently does not have a rating on Charity Navigator. This lack of rating does not reflect negatively or positively on the organization. The organization is not a 501(c)(3) nonprofit, which limits its eligibility for being evaluated using Charity Navigator's current methodologies, including Accountability & Finance, and Impact & Measurement.

Since it is not classified under 501(c)(3), it cannot benefit from tax-exempt status or receive tax-deductible contributions associated with those specific nonprofits. This classification is essential for understanding the limitations in data availability concerning revenue, expenses, or salaries of key individuals. Despite these constraints, the organization operates as an independent entity, maintaining administrative and operational autonomy.

No user reviews are available on GreatNonprofits, indicating either a lack of public engagement through this platform or simply that feedback has not been solicited or given to date. Consequently, there are no insights available from this source into the organization's community interactions or perceptions.


This AI summary has been generated from information found on Charity Navigator.

Is Hawaii Carpenters Health & Welfare Fund legitimate?

Hawaii Carpenters Health & Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hawaii Carpenters Health & Welfare 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


Official website here: www.hbai.net

What is the mission statement of Hawaii Carpenters Health & Welfare Fund?

The Hawaii Carpenters Health & Welfare Fund is dedicated to operating health and welfare employee benefit plans. Through these plans, they provide essential benefits to eligible participants, including medical, dental, and life insurance coverage. Approximately 4,293 individuals have access to these plans, ensuring they have access to important health and welfare benefits. The organization's goal is to enhance the well-being of its members by providing comprehensive benefit solutions. The benefits offered aim to improve the overall health and quality of life for the fund's participants. The Hawaii Carpenters Health & Welfare Fund is committed to delivering these benefits effectively and efficiently.


Official website here: www.hbai.net

Who is the CEO of Hawaii Carpenters Health & Welfare Fund?

Ronald Taketa is the Alternate of Hawaii Carpenters Health & Welfare Fund.


Official website here: www.hbai.net

What is the revenue of Hawaii Carpenters Health & Welfare Fund?

Hawaii Carpenters Health & Welfare Fund's revenue in 2022 was $58,137,063.


Official website here: www.hbai.net

Who are the executives of Hawaii Carpenters Health & Welfare Fund and what are their salaries?

There 13 volunteers at Hawaii Carpenters Health & Welfare Fund.


Here are 13 key members and their salaries:


Alika Fujimoto (Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Adachi (Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conrad C Verdugo Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dione Kalaola (Alternate)
  • Compensation: $0
  • Related: $114,355
  • Other: $25,522
Eric Hashizume (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Inouye (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Kaneshige (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Padasdao Jr (Trustee)
  • Compensation: $0
  • Related: $113,783
  • Other: $25,522
Kyle Chock (Trustee)
  • Compensation: $0
  • Related: $265,237
  • Other: $25,522
Michael Young (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathaniel Kinney (Trustee)
  • Compensation: $0
  • Related: $77,552
  • Other: $25,522
Ronald Taketa (Co-Chair)
  • Compensation: $0
  • Related: $351,264
  • Other: $25,522
Travis Murakami (Trustee)
  • Compensation: $0
  • Related: $123,360
  • Other: $25,522


Official website here: www.hbai.net

Where can I find the form 990 for Hawaii Carpenters Health & Welfare Fund?

Hawaii Carpenters Health & Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hbai.net

Learn more at the official website: www.hbai.net

Mission Statement of Hawaii Carpenters Health & Welfare Fund

Hawaii Carpenters Health & Welfare Fund is a nonprofit organization dedicated to managing health and welfare employee benefit plans. Its primary mission revolves around providing essential benefits to eligible participants. These benefits encompass medical, dental, and life insurance coverage, among others. The Fund supported approximately 4,293 individuals under two distinct employee benefit plans. By offering these benefits, Hawaii Carpenters Health & Welfare Fund ensures that its members have access to vital healthcare resources, promoting their overall well-being.

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Impact




October, 2024

The Hawaii Carpenters Health & Welfare Fund plays a vital role in providing comprehensive health and welfare benefits to approximately 4,293 eligible participants. By operating health and welfare employee benefit plans, it ensures access to essential services such as medical, dental, and life insurance. This support significantly impacts the well-being of workers and their families in the region, promoting better health outcomes and financial security. Through these plans, the Fund contributes to the overall stability and quality of life for its participants, fostering a healthier community in Honolulu and beyond.




This information is meant to be a general summary of Hawaii Carpenters Health & Welfare 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.

Revenue
$58,137,063 (2022)
Expenses
$46,837,334 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,397,186
  • Program Service Revenue: $44,739,877
  • Gross Receipts: $298,341,809

Assets and Liabilities:

  • Total Assets: $313,210,585
  • Total Liabilities: $1,653,765
  • Net Assets: $311,556,820

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$43,652,970

EMPLOYEE CONTRIBUTIONS

Revenue

$1,086,907

Organization Details

Founding Year

1967

Principal Officer

Ronald Taketa

Main Address

200 N VINEYARD BLVD, HONOLULU, HI, 96817

NTEE Category

Code: Y40 - Mutual benefit

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