Southern California Floor Covering Trust Fund Health And Welfare

Organization Overview

Southern California Floor Covering Trust Fund Health And Welfare is located in Covina, CA. The organization was established in 1957. 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. Southern California Floor Covering Trust Fund Health And Welfare is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2022, Southern California Floor Covering Trust Fund Health And Welfare generated $5.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $6.0m during the year ending 12/2022. While expenses have increased by 5.1% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVISION OF AFFORDABLE HEALTH INSURANCE TO ELIGIBLE PARTICIPANTS ON A GROUP BASIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVISION OF AFFORDABLE HEALTH INSURANCE TO ELIGIBLE PARTICIPANTS ON A GROUP BASIS.


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey Grimsley
Management Trustee
$0
Ken Hurd
Management Trustee
$0
Jeffrey Lasher
Management Trustee
$0
Larry Rasine Jr
Management Trustee
$0
Ana Hanson
Union Trustee
$0
Vince Ramos
Union Trustee
$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$5,573,105
Investment income $127,520
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $24,825
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,751,886

Peer Organizations

Organization NameAssets
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$19,435,400
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$22,473,366
Ufcw-Hawaii Food Employers Health And Welfare Tr Fund
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$23,505,482
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Operating Engineers Health And Welfare Trust Fund For Northern
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$16,075,032
Southern California Edison Co Veba Represented Trust
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$25,194,977
Ua Local No 290 Plumber Steamfitter & Shipfitter Ind Ed Sch And Vacati
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$19,783,212
Interational Brotherhood Of Electrical Workers Local Union
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$17,367,564
Operating Engineers-428 Health & Welfare Trust Fund
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$23,204,705
Southern California Lumber Industry Health And Welfare Fund
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$14,943,639
Construction Teamsters Security Fund For Southern California
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$20,320,750
Orange County Employees Association Benefit Plans
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$17,787,150
Southern California Edison Co Veba Non Represented Trust
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$4,342,978
Sheet Metal Workers Local 206 Health Benefit Trust
San Diego, CA
$19,200,783
Union Roofers Health And Welfare Fund
Downey, CA
$18,523,942
California Institute Of Technology Retiree Medical Plan Jpl Veba Tr
San Diego, CA
$34,550,177
Masons Health And Welfare Trust Fund
Honolulu, HI
$15,368,563
U A Local 350 Health & Welfare & Vacation Trust Fund
Reno, NV
$13,098,738
Fernandez Holdings Health Tr
Pacific Palisades, CA
$14,203,854
Operating Engineers Tr Fund H & W Plan Public Employers Division
Alameda, CA
$15,830,437
Oregon Bakers Union Trust Fund
Portland, OR
$15,187,081
Bakers Health And Welfare Fund
Alameda, CA
$13,804,125
U A Local 38 Vacation Holiday Trust Fund
San Francisco, CA
$12,059,607
Welfare Fund Local No16 I A T S E
Pleasanton, CA
$15,124,205

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