#273 of 500 · Member & Benefit Funds

Carpenters Health And Welfare Trust

EIN 94-1234856 · CA · NTEE n/a · Form 990, fiscal 2023

Provides medical, hospitalization, and related health and welfare benefits to eligible members of the United Brotherhood of Carpenters and Joiners of America and their dependents. Benefits are funded through collectively bargained employer contributions under construction-industry labor agreements and administered by the Carpenter Funds Administrative Office.

Financials, fiscal 2023

Revenue

$551.0M

Expenses

$491.8M

Total assets

$763.1M

Net assets

$472.3M

Operating margin

10.8%

1-year growth

18.6%

5-year growth (CAGR)

0.6%

Reserve (years of spending)

11.5

Contributions share

n/a

Programme spending

81.3%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

1,064

Revenue per employee

$518K

Grants paid

n/a

Years filing

59

NFP Health Score: 77 / 100

Financial 58 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history