#291 of 500 · Member & Benefit Funds
Southwest Carpenters Health And Welfare Trust
A jointly administered (Taft-Hartley) multiemployer Voluntary Employees' Beneficiary Association headquartered in Los Angeles, California, established in 1955. Governed by a joint board of trustees and administered through the Carpenters Services Administrative Corporation, it collects employer contributions and provides medical, dental, vision, prescription, disability and life benefits to tens of thousands of union carpenter participants and their dependents.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $526.2M
- Expenses
- $408.9M
- Total assets
- $794.8M
- Net assets
- $770.3M
- Operating margin
- 22.3%
- 1-year growth
- 17.8%
- 5-year growth (CAGR)
- 3.5%
- Reserve (years of spending)
- 22.6
- Contributions share
- n/a
- Programme spending
- 97.5%
- Fundraising cost
- n/a
- Executive pay share
- 0.00%
- Employees
- 38
- Revenue per employee
- $13.8M
- Grants paid
- n/a
- Years filing
- 67
NFP Health Score: 78 / 100
Financial 61 · 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
| Year | Revenue |
|---|---|
| 2019 | $458.2M |
| 2020 | $469.5M |
| 2021 | $444.8M |
| 2022 | $446.6M |
| 2023 | $526.2M |