Ara Pension And Welfare Plan

Organization Overview

Ara Pension And Welfare Plan is located in alameda, CA. The organization was established in 1957. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ara Pension And Welfare Plan 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, Ara Pension And Welfare Plan generated $1.6m 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 (9.4%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. 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

TO PROVIDE MEDICAL BENEFITS PURSUANT TO THE COLLECTIVE BARGAINING AGREEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WELFARE BENEFITS PAID UNDER SELF-INSURED MAJOR MEDICAL AND PARTIALLY SELF-INSURED PROGRAM PROVIDING DEATH BENEFITS.


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Board, Officers & Key Employees

Name (title)Compensation
John F Linder
Administrator
$24,464
Thomas Percival
Chairman
$0
Kelly Anderson
Secretary
$0
Boriana Farrar
Trustee
$0
David Inman
Trustee
$0
Danny Defanti
Trustee
$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$837,383
Investment income $257,822
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $538,382
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,634,012

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