Ipm Health And Welfare Trust Of California

Organization Overview

Ipm Health And Welfare Trust Of California is located in Riverside, CA. The organization was established in 1982. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 08/2021, Ipm Health And Welfare Trust Of California employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ipm Health And Welfare Trust Of California is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 08/2021, Ipm Health And Welfare Trust Of California generated $11.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $10.7m during the year ending 08/2021. While expenses have increased by 2.4% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES MEDICAL, DENTAL, VISION, PRESCRIPTION, DEATH AND DISABILITY BENEFITS TO ALL ELIGIBLE ACTIVE EMPLOYEES AND THEIR ELIGIBLE DEPENDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE MEDICAL, DENTAL, VISION, PRESCRIPTION, AND DEATH BENEFITS PAID FOR APPROXIMATELY 932 MEMBERS AND THE PREMIUMS PAID TO THE INSURANCE COMPANIES FOR THE PRICING OF MEDICAL BENEFITS.


CONSULTANT FEES ARE AMOUNTS PAID TO CONSULTANTS REVIEWING THE COSTS AND BENEFITS PROVIDED BY THE PLAN.


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Board, Officers & Key Employees

Name (title)Compensation
Sandra D Gamboa
Adminstrator
$114,752
Michael Dea
Chair
$0
Chris Taber
Co Chair
$0
Branden Lopez
Trustee
$0
Bob Glaza
Trustee
$0
Bob Hicks
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $87,500
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$87,500
Total Program Service Revenue$10,686,063
Investment income $142,230
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $42,290
Net Gain/Loss on Asset Sales $30,528
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,037,709

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