#377 of 500 · Member & Benefit Funds

N Y C District Council Carpenters Welfare Fund

EIN 13-5615576 · NY · NTEE n/a · Form 990, fiscal 2023

A multiemployer employee-benefit (Taft-Hartley) trust based in New York. It provides health and welfare benefits to active and retired union carpenters and their eligible dependents represented by the NYC District Council of Carpenters. Benefits include medical, prescription drug, dental, vision, and hearing coverage, plus short-term disability, vacation, scholarship, and life insurance benefits, funded through employer contributions under collective bargaining agreements and administered through the Council's Benefit Funds office.

Financials, fiscal 2023

Revenue

$410.4M

Expenses

$450.4M

Total assets

$822.4M

Net assets

$699.0M

Operating margin

-9.7%

1-year growth

1.1%

5-year growth (CAGR)

-6.6%

Reserve (years of spending)

18.6

Contributions share

n/a

Programme spending

99.6%

Fundraising cost

n/a

Executive pay share

0.17%

Employees

108

Revenue per employee

$3.8M

Grants paid

n/a

Years filing

72

NFP Health Score: 72 / 100

Financial 48 · 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