Electrical Workers Health & Welfare Trust Fund For Contra Costa County
- Assets
- $22.0m
- Revenue
- $19.4m
- Investments
- $12.7m
- Employees
- 0
- Location
- Martinez, CA
- Founding
- 12/1955
- Data as of
- 12/2021
- EIN
- 94-6085741
Organization Overview
Electrical Workers Health & Welfare Trust Fund For Contra Costa County is located in Martinez, CA. The organization was established in 1955. 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. Electrical Workers Health & Welfare Trust Fund For Contra Costa County 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, Electrical Workers Health & Welfare Trust Fund For Contra Costa County generated $19.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $22.1m during the year ending 12/2021. While expenses have increased by 3.7% 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
PROVIDING HEALTH INSURANCE FOR ELECTRICIANS WORKING IN CONTRA COSTA COUNTY, CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING HEALTH INSURANCE FOR ELECTRICIANS WORKING IN CONTRA COSTA COUNTY, CALIFORNIA.
PROVIDING HEALTH INSURANCE FOR ELECTRICIANS WORKING IN CONTRA COSTA COUNTY, CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Hansen Chairman | Trustee | 2 | $0 |
Michael Geller Secretary | Trustee | 2 | $0 |
Joe Buhowsky III Trustee | Trustee | 1 | $0 |
Jim Foley Trustee | Trustee | 1 | $0 |
Rick Henry Trustee | Trustee | 1 | $0 |
Barry Mcgraw Trustee | Trustee | 1 | $0 |
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 | $19,350,313 |
| Investment income | $58,081 |
| 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 | $19,415,425 |
| 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 | $305,147 |
| Fees for services: Legal | $22,798 |
| Fees for services: Accounting | $58,643 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,342 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $52,908 |
| 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 | $555 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,062 |
| All other expenses | $0 |
| Total functional expenses | $22,134,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,385,745 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,965,767 |
| 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 | $3,444 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,936,016 |
| Investments—other securities | $12,749,623 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,040,595 |
| Accounts payable and accrued expenses | $429,053 |
| 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 | $6,597,473 |
| Total liabilities | $7,026,526 |
| Net assets without donor restrictions | $15,014,069 |
| 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 | $22,040,595 |
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|---|---|---|
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Southern California Edison Co Veba Non Represented Trust Rosemead, CA | $96,435,783 | $52,296,325 |
Electrical Workers Health & Welfare Trust Fund For San<francisco San Francisco, CA | $101,740,447 | $49,849,455 |
Hawaii Carpenters Health & Welfare Trust Fund Honolulu, HI | $342,620,336 | $68,342,021 |
Teamsters Security Fund For Southern Nevada Local 14 Las Vegas, NV | $34,705,927 | $47,693,145 |
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Teamster Sanitation Industry Tr Fund glendale, CA | $1,112,159 | $44,721,078 |
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Hawaii Laborers Health And Welfare Trust Fund Honolulu, HI | $112,765,568 | $46,612,013 |
Teamsters Health And Welfare Trust Fund Honolulu, HI | $27,503,384 | $46,365,361 |
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 |