#249 of 500 · Trade, Professional & Labor
United Food & Commercial Workers Unions & Food Employers Ben Fund
A multiemployer (Taft-Hartley) health and welfare benefit fund in Southern California, created through collective bargaining between Southern California retail food employers and UFCW union locals. Administered from Cypress, California, it provides health and welfare benefits to more than 100,000 participants working at grocery employers such as Ralphs, Vons, Albertsons and Stater Bros., and sponsors a scholarship program for participants and their dependents.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $628.2M
- Expenses
- $606.1M
- Total assets
- $477.5M
- Net assets
- $303.1M
- Operating margin
- 3.5%
- 1-year growth
- 0.3%
- 5-year growth (CAGR)
- 1.0%
- Reserve (years of spending)
- 6.0
- Contributions share
- n/a
- Programme spending
- 99.6%
- Fundraising cost
- n/a
- Executive pay share
- 0.00%
- Employees
- 14
- Revenue per employee
- $44.9M
- Grants paid
- n/a
- Years filing
- 61
NFP Health Score: 81 / 100
Financial 67 · 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 | $603.3M |
| 2020 | $592.3M |
| 2021 | $680.2M |
| 2022 | $626.3M |
| 2023 | $628.2M |