Alads Ins Irrv Tr 011289
501(c)(9)
99% goes to programs Thin reserves
Alads Ins Irrv Tr 011289 is a 501(c)(9) organization based in Chatsworth, California, registered in 1995, with $151,605,498 in FY2024 revenue. CharityIndex grades it C, and it directs about 99% of spending to programs.
9500 Topanga Canyon Blvd, Chatsworth, CA, 91311 EIN 95-6984968 Since 1995
Revenue (FY2024)
$151.6M
▲ 6.9% vs prior year
Expenses (FY2024)
$150.6M
Net assets
$7.8M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating99% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Alads Ins Irrv Tr 011289: 99% to programs earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Alads Ins Irrv Tr 011289: 1 mo reserves · +1% margin earns a C+ on this criterion. See the exact thresholds →
FGovernance25% of the rating0 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Alads Ins Irrv Tr 011289: 0 of 6 checks met earns a F on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Alads Ins Irrv Tr 011289: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provides health and welfare benefits to eligible la county employees.
Contact & location
- Address
- 9500 Topanga Canyon Blvd, Chatsworth, CA, 91311
- City
- Chatsworth
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $106.6M (FY2013) to $151.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $580KNet assets $7.8M
Operating margin
0.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.4M
Total liabilities
$580K
Net assets
$7.8M
Salaries & benefits
$0
0% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $151,605,498▲6.9% | $150,580,039▲6.9% | $7,835,258▲15.1% | $8,415,265▲18.7% | 990 |
| 2023 | $141,783,940▲4.8% | $140,912,450▲5.2% | $6,809,799▲14.7% | $7,090,789▲8.2% | 990 |
| 2022 | $135,354,187▲0.3% | $133,918,871▼0.2% | $5,938,309▲31.9% | $6,554,843▲33.5% | 990 |
| 2021 | $135,008,617▲3.5% | $134,218,345▲3.2% | $4,502,993▲21.3% | $4,911,333▲24.5% | 990 |
| 2020 | $130,427,374▲0.6% | $130,091,413▲0.5% | $3,712,721▲9.9% | $3,944,492▲13.9% | 990 |
| 2019 | $129,610,689▲0.9% | $129,494,863▲0.6% | $3,376,760▲3.6% | $3,464,271▲1.9% | 990 |
| 2018 | $128,403,121▲3.5% | $128,775,351▲3.9% | $3,260,934▼10.2% | $3,398,653▼9.5% | 990 |
| 2017 | $124,034,124▲7.3% | $123,899,618▲6.8% | $3,633,164▲3.8% | $3,755,329▲2.7% | 990 |
| 2016 | $115,638,648▲2.6% | $116,064,232▲2.0% | $3,498,658▼10.8% | $3,656,223▼9.0% | 990 |
| 2015 | $112,682,855▲1.6% | $113,737,759▲2.5% | $3,924,242▼21.2% | $4,016,895▼20.6% | 990 |
| 2014 | $110,931,562▲4.0% | $110,995,575▲4.4% | $4,979,146▼1.3% | $5,060,119▼1.3% | 990 |
| 2013 | $106,632,280 | $106,318,619▲6.7% | $5,043,159▲6.6% | $5,125,904▲6.5% | 990 |
| 2012 | — | $99,660,496▲8.1% | $4,729,498▲25.4% | $4,812,570▲24.8% | 990 |
| 2011 | — | $92,187,798 | $3,771,074 | $3,856,404 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Derek Hsieh | Administrator | 0 | — |
| John Perez | Trustee | 0 | — |
| Julian Stern | Trustee | 0 | — |
Frequently asked questions
- Is Alads Ins Irrv Tr 011289 a legitimate nonprofit?
- Yes. Alads Ins Irrv Tr 011289 is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 95-6984968, based in Chatsworth, California.
- What is Alads Ins Irrv Tr 011289's EIN?
- Alads Ins Irrv Tr 011289's Employer Identification Number (EIN) is 95-6984968.
- How much revenue does Alads Ins Irrv Tr 011289 report?
- Alads Ins Irrv Tr 011289 reported $151,605,498 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Alads Ins Irrv Tr 011289's spending goes to programs?
- Alads Ins Irrv Tr 011289 spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Alads Ins Irrv Tr 011289 have?
- CharityIndex grades Alads Ins Irrv Tr 011289 C, based on program efficiency and fundraising cost.
- How much does Alads Ins Irrv Tr 011289's highest-paid employee make?
- The highest reported compensation on Alads Ins Irrv Tr 011289's latest Form 990 is $0, paid to Derek Hsieh (Administrator).
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Data for Alads Ins Irrv Tr 011289 (EIN 95-6984968) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.