NFP500

#291 of 500 · Member & Benefit Funds

Southwest Carpenters Health And Welfare Trust

EIN 95-6042873 · CA · NTEE n/a · Form 990, fiscal 2023

A jointly administered (Taft-Hartley) multiemployer Voluntary Employees' Beneficiary Association headquartered in Los Angeles, California, established in 1955. Governed by a joint board of trustees and administered through the Carpenters Services Administrative Corporation, it collects employer contributions and provides medical, dental, vision, prescription, disability and life benefits to tens of thousands of union carpenter participants and their dependents.

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Financials, fiscal 2023

Revenue
$526.2M
Expenses
$408.9M
Total assets
$794.8M
Net assets
$770.3M
Operating margin
22.3%
1-year growth
17.8%
5-year growth (CAGR)
3.5%
Reserve (years of spending)
22.6
Contributions share
n/a
Programme spending
97.5%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
38
Revenue per employee
$13.8M
Grants paid
n/a
Years filing
67

NFP Health Score: 78 / 100

Financial 61 · 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$458.2M
2020$469.5M
2021$444.8M
2022$446.6M
2023$526.2M