NFP500

#372 of 500 · Member & Benefit Funds

Laborers Health And Welfare Trust Fund For Northern California

EIN 94-1235152 · CA · NTEE n/a · Form 990, fiscal 2023

A Taft-Hartley multiemployer employee-benefit trust based in California. Jointly administered by union and employer trustees, it collects employer contributions negotiated through Laborers' union collective bargaining agreements and uses them to provide health and welfare benefits to covered laborers and their dependents. It operates as a benefit-funding trust rather than a public charitable organization.

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Financials, fiscal 2023

Revenue
$414.8M
Expenses
$426.2M
Total assets
$439.6M
Net assets
$227.7M
Operating margin
-2.8%
1-year growth
-1.1%
5-year growth (CAGR)
0.6%
Reserve (years of spending)
6.4
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
68

NFP Health Score: 73 / 100

Financial 50 · 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$404.6M
2020$401.4M
2021$404.7M
2022$419.4M
2023$414.8M