NFP500

#443 of 500 · Member & Benefit Funds

Laborers Health And Welfare Trust For Southern California

EIN 95-6093677 · CA · NTEE n/a · Form 990, fiscal 2023

A Taft-Hartley labor-management trust fund providing health and welfare benefits to active and retired construction laborers and their families. Funded primarily through employer contributions under collective bargaining agreements with the Southern California District Council of Laborers, it administers medical and related benefits as one of the affiliated Southern California Construction Laborers Trust Funds.

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Financials, fiscal 2023

Revenue
$355.0M
Expenses
$327.3M
Total assets
$218.6M
Net assets
$68.6M
Operating margin
7.8%
1-year growth
10.1%
5-year growth (CAGR)
8.9%
Reserve (years of spending)
2.5
Contributions share
n/a
Programme spending
98.8%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
66

NFP Health Score: 61 / 100

Financial 25 · 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$252.1M
2020$290.7M
2021$292.3M
2022$322.4M
2023$355.0M