Southwest Multicraft Health & Welfare Trust Fund

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

EIN: 856010752 ✦ Albuquerque, NM ✦ Designated as a 501(c)(9)

Overview

What is Southwest Multicraft Health & Welfare Trust Fund?

The Southwest Multicraft Health & Welfare Trust Fund is a nonprofit organization based in Albuquerque, New Mexico, specifically at 2300 Buena Vista SE Suite 127. With a mission to provide essential benefits, they offer accident, hospital, surgical, medical, death, and safety coverage to approximately 2,900 members and their dependents. The organization's primary activity involves the distribution of these benefits to ensure the well-being and peace of mind for those in its care.


Is Southwest Multicraft Health & Welfare Trust Fund legitimate?

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

For more financial information, click here


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

Mission Statement of Southwest Multicraft Health & Welfare Trust Fund

The Southwest Multicraft Health & Welfare Trust Fund is a dedicated organization that offers a range of benefits to approximately 2,900 members and their dependents. In simple terms, this nonprofit institution provides accident, hospital, surgical, medical, death, and safety benefits to those who are a part of its community.

The mission of the Southwest Multicraft Health & Welfare Trust Fund is centered around the essential goal of securing the well-being of its members. It strives to ensure that individuals under its care receive comprehensive coverage for various medical emergencies and unforeseen circumstances. The benefits provided by the Trust Fund serve as a safety net for its members, offering them peace of mind and financial security in times of need.

The Southwest Multicraft Health & Welfare Trust Fund's commitment to its members' health and welfare extends beyond the mere provision of benefits. By offering accident, hospital, surgical, medical, death, and safety benefits, it aims to alleviate the financial burden and stress that often accompany unexpected health issues or accidents. This nonprofit organization plays a crucial role in supporting its members through both challenging and healthy periods of their lives.

In summary, the Southwest Multicraft Health & Welfare Trust Fund is an essential resource for its members, offering them vital benefits and support when they need it most. Its mission is to provide a safety net, ensuring that those who rely on it have access to comprehensive coverage and the financial means to address their medical needs effectively.

Impact

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




Thursday, August 15, 2024

Southwest Multicraft Health & Welfare Trust Fund has had a significant impact by providing accident, hospital, surgical, medical, death benefits, and safety benefits to approximately 2,900 members and their dependents. Their mission to support the health and well-being of their members in the Albuquerque area of New Mexico has had a tangible and positive effect on the community. By offering these essential benefits, the Trust Fund contributes to the overall welfare and security of its members, ensuring they have access to necessary healthcare services and financial protection in times of need.





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: $-15,427,453
  • Program Service Revenue: $29,892,216
  • Gross Receipts: $33,928,738

    • Assets and Liabilities:
  • Total Assets: $97,020,451
  • Total Liabilities: $213,683
  • Net Assets: $96,806,768
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $29,831,724

    OTHER SUBROGATION

    Revenue

    $60,492

    Organization Details

    Founding Year

    1960

    Principal Officer

    Jose V Atencio Jr

    Main Address

    2300 BUENA VISTA SE SUITE 127, ALBUQUERQUE, NM, 87106

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Southwest Multicraft Health & Welfare 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.