General Employees Trust Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237404790 ✦ Brisbane, CA ✦ Designated as a 501(c)(9)

Overview

What is General Employees Trust Fund?

The General Employees Trust Fund is a nonprofit organization based in Brisbane, California, specifically located at 1000 Marina Blvd Ste 400. It functions as a multiemployer welfare benefit plan, meaning that multiple employers contribute to the fund to provide health coverage for their employees. The primary mission of this trust fund is to ensure participants receive essential health benefits. This organization plays a crucial role in facilitating healthcare access for a collective workforce by pooling resources from various employers.


Is General Employees Trust Fund legitimate?

General Employees Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. General Employees Trust Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $103,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of General Employees Trust Fund?
Who is the CEO of General Employees Trust Fund?
What is the revenue of General Employees Trust Fund?
Who are the executives of General Employees Trust Fund and what are their salaries?
Where can I find the form 990 for General Employees Trust Fund?

Mission Statement of General Employees Trust Fund

The General Employees Trust Fund is a multiemployer welfare benefit plan that plays a crucial role in providing health coverage to its participating members. Employers contribute on behalf of their workers to ensure they have access to this essential benefit. This nonprofit organization's mission is to extend health coverage to those it serves, with employers' financial support.

The General Employees Trust Fund's primary goal is to bridge the gap in healthcare access for its participants. By pooling resources from various employers, the organization is able to offer comprehensive and affordable health coverage. This collective effort enables workers to secure health benefits that they might not otherwise be able to obtain. Ultimately, the Trust Fund's mission is to safeguard the health and well-being of the individuals it serves by facilitating their access to essential healthcare services.

Impact

This information is meant to be a general summary of General Employees Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The General Employees Trust Fund plays a vital role in providing health coverage to participants through contributions made by employers. By offering a multiemployer welfare benefit plan, the fund ensures that employees have access to necessary healthcare services. This impactful initiative not only supports the well-being of participants but also contributes to a more secure and healthy workforce. The General Employees Trust Fund's efforts are essential in promoting the health and welfare of individuals who rely on this coverage for their medical needs.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,131,815
  • Program Service Revenue: $193,217,613
  • Gross Receipts: $225,227,970

    • Assets and Liabilities:
  • Total Assets: $161,012,277
  • Total Liabilities: $42,924,567
  • Net Assets: $118,087,710
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER CONTRIBUTIONS

    Revenue

    $193,093,962

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $123,651

    Organization Details

    Founding Year

    1973

    Principal Officer

    Mark Sharwood

    Main Address

    1000 MARINA BLVD STE 400, BRISBANE, CA, 94005

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of General Employees Trust Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.