Kaiser Permanente Labor Management Partnership Trust
- Assets
- $27.5m
- Revenue
- $19.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 94-3382057
Organization Overview
Kaiser Permanente Labor Management Partnership Trust is located in Oakland, CA. The organization was established in 2002. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kaiser Permanente Labor Management Partnership Trust is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Kaiser Permanente Labor Management Partnership Trust generated $19.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $20.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 years. 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 FUND COOPERATIVE ACTIONS BETWEEN ORGANIZATIONS PARTICIPATING IN THE KAISER PERMANENTE MEDICAL CARE PROGRAM AND THE COALITION OF KAISER PERMANENTE UNIONS, AFL-CIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST IS A JOINTLY ADMINISTERED LABOR AND MANAGEMENT CO-OPERATION TRUST ESTABLISHED BY ORGANIZATIONS PARTICIPATING IN THE KAISER PERMANENTE MEDICAL CARE PROGRAM AND THE COALITION OF KAISER PERMANENTE UNIONS, AFL-CIO. THE TRUST FUNDS LABOR MANAGEMENT ADMINISTRATION AND PARTNERSHIP ACTIVITIES BETWEEN MANAGEMENT, UNIONS AND EMPLOYEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Rubyn Trustee | Trustee | 1 | $0 |
Meg Niemi Trustee, Co-Chair | Trustee | 5 | $0 |
David Regan Trustee | Trustee | 1 | $0 |
Steven Shield Trustee, Co-Chair | Trustee | 5 | $0 |
Chris Clagg Trustee | Trustee | 1 | $0 |
Jim Pruitt Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Unalp Cpa Group Inc Accounting & Administation | 12/30/18 | $768,800 |
Re-mind Jv Business Consulting | 12/30/18 | $214,425 |
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 | $19,163,399 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,163,399 |
| Total Program Service Revenue | $0 |
| Investment income | $35,700 |
| 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 | $19,199,099 |
| 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 | $0 |
| 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 | $48,040 |
| Fees for services: Accounting | $82,688 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,172 |
| Fees for services: Other | $1,041,343 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $269,290 |
| 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 | $49,381 |
| Total functional expenses | $20,383,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,914,528 |
| Pledges and grants receivable | $1,754,405 |
| Accounts receivable, net | $539,719 |
| 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 | $54,366 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $9,260,758 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,523,776 |
| Accounts payable and accrued expenses | $212,480 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $5,379,610 |
| Total liabilities | $5,592,090 |
| Net assets without donor restrictions | $21,931,686 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $27,523,776 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kaiser Permanente Labor Management Partnership Trust has recieved totaling $35,048.
| Awarding Organization | Amount |
|---|---|
United Food And Commercial Workers International Union Washington, DC PURPOSE: GENERAL SUPPORT | $35,048 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Teachers Los Angeles Los Angeles, CA | $51,917,660 | $49,880,266 |
Union Of California State Workers Sacramento, CA | $36,503,643 | $45,747,790 |
Service Employees International Union Oakland, CA | $59,492,320 | $48,330,532 |
United Brotherhood Of Carpenters & Joiners Of America Oakland, CA | $230,758,063 | $85,724,853 |
Directors Guild Of America Inc Los Angeles, CA | $101,897,715 | $40,881,424 |
Joint Industry Board Of The Plbg Pipe Fitting Ind Local 38 Tr Funds San Francisco, CA | $20,237,223 | $38,047,846 |
International Brotherhood Of Electrical Workers Vacaville, CA | $50,552,383 | $54,198,880 |
Southwest Carpenters Training Fund Los Angeles, CA | $45,866,437 | $36,635,505 |
Unac-Union Of Health Care Professionals San Dimas, CA | $32,681,253 | $36,557,252 |
Ibew Western Utilities Health And Welfare Trust Fund Pleasanton, CA | $43,158,941 | $38,712,373 |
International Union Of Operating Engineers Local 12 Pasadena, CA | $185,931,056 | $38,146,985 |
Writers Guild Of America West Inc Los Angeles, CA | $125,640,200 | $38,701,455 |