Labor Alliance Managed Trust Fund

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

EIN: 943217575 ✦ Pleasanton, CA ✦ Designated as a 501(c)(9)

Overview

What is Labor Alliance Managed Trust Fund?

The Labor Alliance Managed Trust Fund is a nonprofit organization located in Pleasanton, California, specifically at 1181 Quarry Lane Suite 400. Their primary mission is to offer medical, prescription, dental, life, accidental death and dismemberment, chiropractic, and vision care benefits to participants and their dependents within a multi-employer plan. By providing these essential health and wellness services, they contribute to the overall well-being and security of their members.


Is Labor Alliance Managed Trust Fund legitimate?

Labor Alliance Managed Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Labor Alliance Managed 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 Labor Alliance Managed Trust Fund?
Who is the CEO of Labor Alliance Managed Trust Fund?
What is the revenue of Labor Alliance Managed Trust Fund?
Who are the executives of Labor Alliance Managed Trust Fund and what are their salaries?
Where can I find the form 990 for Labor Alliance Managed Trust Fund?

Mission Statement of Labor Alliance Managed Trust Fund

The Labor Alliance Managed Trust Fund, a key player in a multi-employer plan, is dedicated to delivering hospital and health benefits to its participants. In simple terms, this nonprofit organization aims to enhance the well-being of its members by providing essential medical, prescription, dental, life, accidental death and dismemberment, chiropractic, and vision care services.

By pooling resources and expertise from various employers, the Labor Alliance Managed Trust Fund succeeds in offering a comprehensive range of benefits that cater to the diverse healthcare needs of its participants and their dependents. The organization's mission is to ensure that its members have access to quality health care services, fostering peace of mind and overall well-being. The Trust Fund's initiatives go beyond just medical care, extending to include chiropractic and vision care services to further improve the quality of life for its members.

Impact

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




Thursday, August 15, 2024

Labor Alliance Managed Trust Fund's impact is significant in providing hospital and medical benefits to participants in a multiemployer plan. The organization has successfully offered medical, prescription, dental, life, accidental death and dismemberment, chiropractic, and vision care benefits to participants and their dependents in a multiemployer plan, contributing to their overall health and well-being. Through its mission to provide hospital and health benefits, the Labor Alliance Managed Trust Fund plays a vital role in supporting the healthcare needs of its participants, ultimately enhancing their quality of life and ensuring access to essential healthcare services.





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: $1,146,830
  • Program Service Revenue: $209,258,197
  • Gross Receipts: $210,405,027

    • Assets and Liabilities:
  • Total Assets: $64,549,546
  • Total Liabilities: $18,456,000
  • Net Assets: $46,093,546
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $206,247,500

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $2,619,770

    LIQUIDATED DAMAGES

    Revenue

    $390,927

    Organization Details

    Founding Year

    1995

    Principal Officer

    Larry Valenti

    Main Address

    1181 Quarry Lane Suite 400, Pleasanton, CA, 945660075

    NTEE Category

    Code: Y40 - Mutual benefit

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