Labor-Management Universal Health Benefits Employee Tr 010194
- Assets
- $4.0m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Covina, CA
- Founding
- 02/1996
- Data as of
- 12/2021
- EIN
- 95-6975448
Organization Overview
Labor-Management Universal Health Benefits Employee Tr 010194 is located in Covina, CA. The organization was established in 1996. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Labor-Management Universal Health Benefits Employee Tr 010194 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, Labor-Management Universal Health Benefits Employee Tr 010194 generated $6.1m 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 (5.6%) each year. All expenses for the organization totaled $5.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) 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
THE PLAN PROVIDES MEDICAL, HOSPITAL, DENTAL, VISION AND DEATH BENEFITS TO ACTIVE PLAN MEMBERS. THE PLAN DISPERSED $5,664,759 OF BENEFITS TO MEMBERS DURING THE YEAR ENDED DECEMBER 31, 2020.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PLAN PROVIDES MEDICAL, HOSPITAL, DENTAL, VISION AND DEATH BENEFITS TO ACTIVE PLAN MEMBERS. THE PLAN DISPERSED $5664759 OF BENEFITS TO MEMBERS DURING THE YEAR ENDED DECEMBER 31, 2020
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shig Cash Noguchi Trustee | Trustee | 0 | $0 |
Michele Keetin Trustee | Trustee | 0 | $0 |
Robert Cox Trustee | Trustee | 0 | $0 |
Nickie Silk Trustee | Trustee | 0 | $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 | $6,021,447 |
| Investment income | $91,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $115,084 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,091,310 |
| 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 | $5,340,056 |
| 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 | $52,638 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $2,709 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $42,384 |
| Total functional expenses | $5,623,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $701,537 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,902 |
| 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 | $14,448 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,296,084 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,029,971 |
| Accounts payable and accrued expenses | $491,737 |
| 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 | $0 |
| Total liabilities | $491,737 |
| Net assets without donor restrictions | $3,538,234 |
| 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 | $4,029,971 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agc Health Benefit Trust Fund Wilsonville, OR | $1,717,335 | $11,419,505 |
Project Access Now Portland, OR | $3,304,431 | $11,644,157 |
Community Clinic Association Of Los Angeles County Los Angeles, CA | $9,637,865 | $7,593,126 |
Medic Mobile Inc San Francisco, CA | $12,094,470 | $5,916,633 |
Lanai Community Health Center Lanai City, HI | $9,677,740 | $6,723,250 |
Labor-Management Universal Health Benefits Employee Tr 010194 Covina, CA | $4,029,971 | $6,091,310 |
Healthie Nevada Las Vegas, NV | $1,377,510 | $4,499,509 |
San Diego Regional Healthcare Information Exchange San Diego, CA | $1,245,384 | $5,998,825 |
St James Infirmary San Francisco, CA | $1,363,599 | $3,592,796 |
Reliance Ehealth Collaborative Medford, OR | $1,759,328 | $3,920,929 |
Community Health Initiative Napa County Inc Napa, CA | $1,404,415 | $3,095,486 |
C A R E Chest Of Sierra Nevada Reno, NV | $2,737,948 | $2,386,533 |