Hawaii Tapers Health And Welfare Trust Fund is located in Honolulu, HI. The organization was established in 1982. 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. Hawaii Tapers 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, Hawaii Tapers Health And Welfare Trust Fund generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $4.2m during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A COLLECTIVELY BARGAINED MULTIEMPLOYER PLAN THAT PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MEDICAL AND DRUG BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS: HMSA $3,505015 LESS PREMIUM REFUND $192,374 - KAISER $415,213
TO PROVIDE DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS: HDS $237,164
TO PROVIDE DISABILITY AND LIFE INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS $119,312 LESS PREMIUM REFUND $50,308
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barbara Kono Emp Trustee | Trustee | 0.5 | $0 |
Joseph Gonsalves Union Trustee | Trustee | 0.5 | $0 |
John Frigillana Union Trustee | Trustee | 0.5 | $0 |
Anacleto Alcantra Emp Trustee | Trustee | 0.5 | $0 |
Mario Manrique Jr Union Trustee | Trustee | 0.5 | $0 |
Michael Mazzone Emp Trustee | Trustee | 0.5 | $0 |
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 | $4,241,553 |
Investment income | $293,817 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $132,007 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,667,377 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $4,034,022 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $61,098 |
Fees for services: Legal | $3,526 |
Fees for services: Accounting | $18,010 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $15,665 |
Fees for services: Other | $18,601 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $9,013 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $266 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $6,827 |
All other expenses | $10 |
Total functional expenses | $4,167,038 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $194,708 |
Savings and temporary cash investments | $936,451 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $804,656 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $9,758,457 |
Investments—other securities | $1,498,756 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $277,762 |
Total assets | $13,470,790 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $13,470,790 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $13,470,790 |
Organization Name | Assets | Revenue |
---|---|---|
San Mateo Hotel Employees And Restaurant Employees Welfare Fund San Jose, CA | $18,338,515 | $16,656,805 |
California Charter Schools Association Employee Welfare Benef Folsom, CA | $4,751,972 | $19,167,610 |
Pamcah Ua Local 675 Health & Welfare Fund Honolulu, HI | $68,839,865 | $29,640,823 |
Robert F Kennedy Farm Workers Medical Plan Keene, CA | $9,804,484 | $21,710,625 |
Carpenters Fund Adm Oakland, CA | $18,772,405 | $18,437,550 |
Associated General Contrcts Of Amer San Diego Chp Hlth & Wlfr Tr Fund San Diego, CA | $5,823,761 | $18,905,139 |
Northern Claifornia Bakery & Confectionery Health And Welfare Alameda, CA | $24,478,133 | $21,166,990 |
Boilermaker Vacation Trust Castro Valley, CA | $29,691,355 | $27,200,526 |
Orange County Employees Association Benefit Plans Santa Ana, CA | $43,592,542 | $18,015,858 |
Masons Health And Welfare Trust Fund Honolulu, HI | $14,209,235 | $15,688,399 |
Union Roofers Health And Welfare Fund Downey, CA | $39,982,977 | $18,618,767 |
Ufcw-Hawaii Food Employers Health And Welfare Tr Fund Honolulu, HI | $15,360,844 | $20,561,706 |