#471 of 500 · Member & Benefit Funds

North Atlantic States Carpenters Health Benefits Fund

EIN 04-2191579 · MA · NTEE n/a · Form 990, fiscal 2023

A Taft-Hartley multiemployer employee-benefit trust based in Wilmington, Massachusetts. Funded by employer contributions under collective bargaining agreements, it provides health and welfare benefits to eligible members of the North Atlantic States Regional Council of Carpenters and their families across Maine, New Hampshire, Vermont, Connecticut, Rhode Island, and Massachusetts. Benefits include medical, dental, prescription drug, vision, accident and sickness coverage, life insurance, and a Carpenters Assistance Program addressing personal and family issues.

Financials, fiscal 2023

Revenue

$339.1M

Expenses

$320.4M

Total assets

$895.1M

Net assets

$850.9M

Operating margin

5.5%

1-year growth

8.9%

5-year growth (CAGR)

13.6%

Reserve (years of spending)

31.9

Contributions share

n/a

Programme spending

91.9%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

64

NFP Health Score: 75 / 100

Financial 54 · 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