U A Local 393 Health & Welfare Trust

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

EIN: 946401544 ✦ San jose, CA ✦ Designated as a 501(c)(9)

Overview

What is U A Local 393 Health & Welfare Trust?

UA Local 393 Health & Welfare Trust is a nonprofit organization situated in San Jose, California, specifically at 1731 Technology Drive Suite 570. Their primary mission is to provide eligible participants and their dependents with comprehensive health and welfare benefits as outlined in collective bargaining agreements between their union and various employers. Operating within a multiemployer plan, they aim to ensure access to essential benefits for those involved.


Is U A Local 393 Health & Welfare Trust legitimate?

U A Local 393 Health & Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. U A Local 393 Health & 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: $9,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,580

For more financial information, click here


What is the mission statement of U A Local 393 Health & Welfare Trust?
Who is the CEO of U A Local 393 Health & Welfare Trust?
What is the revenue of U A Local 393 Health & Welfare Trust?
Who are the executives of U A Local 393 Health & Welfare Trust and what are their salaries?
Where can I find the form 990 for U A Local 393 Health & Welfare Trust?

Mission Statement of U A Local 393 Health & Welfare Trust

U A Local 393 Health & Welfare Trust is a nonprofit organization dedicated to delivering health and welfare benefits to eligible participants and their dependents. Established through collective bargaining agreements between employers and the union, this multiemployer plan strives to ensure the availability of essential benefits for its members.

The mission of U A Local 393 Health & Welfare Trust is to provide comprehensive health and welfare benefits according to the terms outlined in collective bargaining agreements. By acting as a trusted intermediary, the Trust facilitates access to essential benefits for its participants, ensuring they can focus on their personal and professional growth without worrying about their wellbeing. The Trust's commitment to its members' health and welfare is evident in its unwavering adherence to the agreements it has negotiated on their behalf.

Through its multiemployer plan, U A Local 393 Health & Welfare Trust offers a wide range of benefits designed to support the overall well-being of its participants. These benefits may include, but are not limited to, medical, dental, vision, prescription drug coverage, mental health services, and wellness programs. By pooling resources from multiple employers, the Trust is able to offer competitive benefits that might not be accessible to individual employers alone. The Trust's focus on collective bargaining and collaboration enables it to deliver value to its members and foster a strong sense of community among the participating organizations.

Impact

This information is meant to be a general summary of U A Local 393 Health & Welfare Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

U A Local 393 Health & Welfare Trust has a significant impact on the lives of eligible participants and their dependents by providing them with essential health and welfare benefits. Through collective bargaining agreements between employers and the union in a multiemployer plan, the trust ensures that individuals have access to crucial healthcare services and support. This direct provision of benefits plays a crucial role in supporting the well-being and livelihoods of those it serves, making a tangible difference in their quality of life.





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: $3,514,266
  • Program Service Revenue: $65,968,410
  • Gross Receipts: $150,277,980

    • Assets and Liabilities:
  • Total Assets: $177,958,675
  • Total Liabilities: $85,990,603
  • Net Assets: $91,968,072
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $56,881,528

    ERA CONTRIBUTIONS

    Revenue

    $7,391,901

    COBRA CONTRIBUTIONS

    Revenue

    $228,175

    LIQUIDATED DAMAGES

    Revenue

    $36,503

    RETIREE & SELF-PAY CONTRIBUTIONS

    Revenue

    $1,430,303

    Organization Details

    Founding Year

    1952

    Principal Officer

    Eric Mussynski

    Main Address

    1731 TECHNOLOGY DRIVE Suite 570, SAN JOSE, CA, 95110

    NTEE Category

    Code: Y40 - Mutual benefit

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