#165 of 500 · Member & Benefit Funds

International Longshrmns & Warehsmn Union-Paci Mrtm Assoc Welfare Fund

EIN 94-6068578 · CA · NTEE n/a · Form 990, fiscal 2023

A jointly administered Taft-Hartley trust fund established by collective bargaining between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), based in California. Governed by a six-member labor-management board of trustees, it receives employer and employee contributions to provide health care, prescription, dental, vision, disability, death and related benefits to active and retired West Coast longshore workers and their dependents.

Financials, fiscal 2023

Revenue

$906.4M

Expenses

$897.9M

Total assets

$236.6M

Net assets

$122.3M

Operating margin

0.9%

1-year growth

7.0%

5-year growth (CAGR)

2.9%

Reserve (years of spending)

1.6

Contributions share

n/a

Programme spending

99.9%

Fundraising cost

n/a

Executive pay share

0.04%

Employees

61

Revenue per employee

$14.9M

Grants paid

n/a

Years filing

72

NFP Health Score: 60 / 100

Financial 24 · 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