#472 of 500 · Member & Benefit Funds

Operating Engineers Health And Welfare Trust Fund

EIN 94-2784001 · WA · NTEE n/a · Form 990, fiscal 2023

A Taft-Hartley multiemployer benefit trust associated with Locals 302 and 612 of the International Union of Operating Engineers, serving members in Washington and Alaska. Funded through collective bargaining and administered by Welfare and Pension Administration Service (WPAS) and overseen by a joint board of union and employer trustees, it provides medical and related health and welfare benefits to eligible operating engineers and their dependents.

Financials, fiscal 2023

Revenue

$339.0M

Expenses

$290.2M

Total assets

$805.2M

Net assets

$551.9M

Operating margin

14.4%

1-year growth

4.9%

5-year growth (CAGR)

-1.0%

Reserve (years of spending)

22.8

Contributions share

n/a

Programme spending

90.1%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

39

NFP Health Score: 77 / 100

Financial 58 · 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