California Small Manufacturing Health & Welfare Trust Fund
- Assets
- $1.8m
- Revenue
- $15.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 03/2014
- Data as of
- 12/2021
- EIN
- 61-1670591
Organization Overview
California Small Manufacturing Health & Welfare Trust Fund is located in Phoenix, AZ. The organization was established in 2014. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Small Manufacturing Health & Welfare Trust Fund is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, California Small Manufacturing Health & Welfare Trust Fund generated $15.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $15.0m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH BENEFITS FOR PARTICIPANTS AND THEIR COVERED DEPENEDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HEALTH BENEFITS AND CERTAIN VOLUNTARY BENEFITS FOR PARTICIPANTS AND THEIR COVERED DEPENDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Gallagher Chairperson | OfficerTrustee | 2 | $0 |
Victor Anselmo Secretary | OfficerTrustee | 2 | $0 |
Bruce Stenslie Trustee | Trustee | 2 | $0 |
Sage Scott Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arthur J Gallagher Broker | 12/30/21 | $908,254 |
Mvi Administrators Inc Plan Administrator | 12/30/21 | $563,352 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $14,976,453 |
| Investment income | $105 |
| 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 | $14,976,558 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $13,421,859 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,501 |
| Fees for services: Accounting | $18,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $592,635 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,457 |
| Total functional expenses | $15,037,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $519,353 |
| Savings and temporary cash investments | $350,812 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,233 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $946,014 |
| Total assets | $1,823,412 |
| Accounts payable and accrued expenses | $125,297 |
| Grants payable | $0 |
| Deferred revenue | $1,072,947 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,198,244 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $625,168 |
| Total liabilities and net assets/fund balances | $1,823,412 |
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Southern California Edison Co Veba Non Represented Trust Rosemead, CA | $96,435,783 | $52,296,325 |
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Teamsters Security Fund For Southern Nevada Local 14 Las Vegas, NV | $34,705,927 | $47,693,145 |
Operating Engineers Vacation- Holiday Savings Trust Pasadena, CA | $43,044,158 | $45,362,353 |
Teamster Sanitation Industry Tr Fund glendale, CA | $1,112,159 | $44,721,078 |
San Diego Electrical Health & Welfare Trust San Diego, CA | $35,021,593 | $39,529,238 |
United Food & Commercial Workers Union 711 Food Emplyrs Bene Fund Murray, UT | $47,809,606 | $24,428,053 |
Operating Engineers Security Fund West Covina, CA | $104,572,934 | $56,458,139 |
Ckpu-Kp Education & Training Trust Fund Oakland, CA | $33,714,091 | $35,135,589 |
Electrical Workers Health & Welfare Trust Fund Pleasanton, CA | $71,350,255 | $47,574,922 |
Electrical Workers Health & Welfare Trust Fund Las Vegas, NV | $30,594,533 | $39,541,632 |