Carolina-Virginia Ufcw & Employers Health Benefit Fund

Organization Overview

Carolina-Virginia Ufcw & Employers Health Benefit Fund is located in Norfolk, VA. The organization was established in 1968. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina-Virginia Ufcw & Employers Health Benefit Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 06/2020, Carolina-Virginia Ufcw & Employers Health Benefit Fund generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $3.2m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTH AND WELFARE BENEFITS FOR PARTICIPANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Murphy
Trustee
$0
Otis Underwood
Trustee
$0
Peggy Prescott
Trustee
$0
Rebecca Clark
Trustee
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,174,906

Endowment Analysis

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