Warehouse Employees Union- 730 Health And Welfare Trust Fund

Organization Overview

Warehouse Employees Union- 730 Health And Welfare Trust Fund is located in Sparks, MD. The organization was established in 1965. 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. Warehouse Employees Union- 730 Health And Welfare Trust Fund 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, Warehouse Employees Union- 730 Health And Welfare Trust Fund generated $6.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $3.2m 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,DENTAL,VISION & LIFE INSURANCE BENEFITS

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEDICAL INSURANCE, DENTAL INSURANCE, LIFE AND ACCIDENTAL DEATH, AND VISION CARE BENEFITS ARE PROVIDED TO ELIGIBLE WAREHOUSE LOCAL NO. 730 MEMBERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cigna Healthcare
Healthcare Admin. Fee
$119,304
Associated Administrator Llc
Third Party Administrator
$102,259
View All Vendors

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$6,388,393
Investment income $437,742
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $95,210
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,931,704

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