NFP500

#488 of 500 · Member & Benefit Funds

Eastern Atlantic States Carpenters Health Fund

EIN 22-6032181 · PA · NTEE n/a · Form 990, fiscal 2023

A Philadelphia-based, Taft-Hartley multiemployer (jointly trusteed union-employer) benefit fund serving members of the Eastern Atlantic States Regional Council of Carpenters and their families. It provides health and welfare benefits including medical, prescription drug, dental, vision, behavioral health, and accident and sickness coverage to eligible carpenters and dependents across the region. As an employee benefit trust it administers and pays claims rather than operating as a public charity.

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Financials, fiscal 2023

Revenue
$327.9M
Expenses
$293.4M
Total assets
$978.0M
Net assets
$952.8M
Operating margin
10.5%
1-year growth
86.4%
5-year growth (CAGR)
-1.4%
Reserve (years of spending)
39.0
Contributions share
n/a
Programme spending
92.2%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
65

NFP Health Score: 83 / 100

Financial 70 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$346.8M
2020$305.5M
2021$194.1M
2022$175.9M
2023$327.9M