Ocu Health And Welfare Trust

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

EIN: 261574455 ✦ Covina, CA ✦ Designated as a 501(c)(9)

Overview

What is Ocu Health And Welfare Trust?

Ocu Health and Welfare Trust is a nonprofit organization based in Covina, California, with the address 1055 Park View Drive 111. The Trust's primary mission is to offer health and welfare benefits to its members, all of whom have employers contributing to the fund. This charitable entity is dedicated to ensuring that its members receive essential support services. By pooling resources from various employers, the Trust is able to provide enhanced benefits to a broad group of individuals.


Is Ocu Health And Welfare Trust legitimate?

Ocu Health And Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ocu Health And Welfare Trust 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Ocu Health And Welfare Trust?
Who is the CEO of Ocu Health And Welfare Trust?
What is the revenue of Ocu Health And Welfare Trust?
Who are the executives of Ocu Health And Welfare Trust and what are their salaries?
Where can I find the form 990 for Ocu Health And Welfare Trust?

Mission Statement of Ocu Health And Welfare Trust

Ocu Health and Welfare Trust is a mission-driven organization dedicated to providing health and welfare benefits to its contributing members. The Trust's primary objective is to ensure the well-being of individuals whose employers contribute to the fund.

In simpler terms, Ocu Health and Welfare Trust acts as a safety net for employees whose employers make contributions to the Trust. The Trust's role is to deliver essential health and welfare benefits to these individuals, enhancing their overall quality of life. The Trust's commitment to its members is unwavering, as it strives to meet their health and welfare needs with the resources provided by its employer contributors.

Ocu Health and Welfare Trust's mission is twofold. Firstly, it aims to safeguard the health of its members, ensuring they have access to essential medical services and coverage. Secondly, the Trust focuses on their welfare, addressing the broader needs of its members beyond just their health. By providing a comprehensive range of benefits, Ocu Health and Welfare Trust empowers its members to maintain their physical and emotional well-being.

Impact

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




Thursday, August 15, 2024

Ocu Health And Welfare Trust's impact is evident in the provision of health and welfare benefits to its members whose employers contribute to the fund. By offering these essential benefits, the trust directly supports the well-being and livelihood of its members, ensuring they have access to necessary healthcare services and financial support. This plays a crucial role in promoting overall health, stability, and security for the individuals involved, ultimately contributing to a healthier and more sustainable community.





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 2022.

  • Investment Income: $8,966,356
  • Program Service Revenue: $23,453,686
  • Gross Receipts: $42,874,891

    • Assets and Liabilities:
  • Total Assets: $243,107,541
  • Total Liabilities: $1,948,924
  • Net Assets: $241,158,617
  • Programs

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

    CONTRIBUTIONS - ACTIVE

    Revenue

    $15,597,732

    CONTRIBUTIONS - RETIREE

    Revenue

    $6,829,061

    CONTRIBUTIONS - TEMP

    Revenue

    $830,693

    STOP LOSS RECOVERIES

    Revenue

    $193,351

    COBRA SUBSIDY

    Revenue

    $2,849

    Organization Details

    Founding Year

    2008

    Principal Officer

    Rex Mcnamara

    Main Address

    1055 PARK VIEW DRIVE 111, COVINA, CA, 91722

    NTEE Category

    Code: Y44 - Mutual benefit

    If you are a representative of Ocu Health And Welfare Trust 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.