Laborers Health and Welfare Trust Fund For Northern California
501(c)(9)
Only null% goes to programs Strong reserves
Laborers Health and Welfare Trust Fund For Northern California is a 501(c)(9) organization based in Pleasanton, California, registered in 1955, with $470,041,298 in FY2024 revenue. CharityIndex grades it B.
5672 Stoneridge Dr Ste 100, Pleasanton, CA, 94588 EIN 94-1235152 Since 1955
Revenue (FY2024)
$470.0M
▲ 5.6% vs prior year
Expenses (FY2024)
$484.5M
Net assets
$264.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Laborers Health and Welfare Trust Fund For Northern California— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating7 mo reserves · -3% 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 Laborers Health and Welfare Trust Fund For Northern California: 7 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
C+Governance25% of the rating3 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 Laborers Health and Welfare Trust Fund For Northern California: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 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 Laborers Health and Welfare Trust Fund For Northern California: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To provide health and welfare benefits to eligible participants in this multiemployer plan.
Contact & location
- Address
- 5672 Stoneridge Dr Ste 100, Pleasanton, CA, 94588
- City
- Pleasanton
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $213.3M (FY2013) to $470.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $229.8MNet assets $264.6M
Operating margin
-3.1%
Spent more than it raised in the latest fiscal year.
Total assets
$494.4M
Total liabilities
$229.8M
Net assets
$264.6M
Salaries & benefits
$0
0% of expenses
Board members
10
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $470,041,298▲5.6% | $484,500,536▲14.0% | $264,645,665▼2.7% | $494,431,752▼1.1% | 990 |
| 2023 | $445,062,944▲7.3% | $424,974,673▼0.3% | $272,083,498▲19.5% | $499,734,932▲13.7% | 990 |
| 2022 | $414,784,713▼1.1% | $426,194,782▲9.0% | $227,739,112▼6.8% | $439,642,506▼1.1% | 990 |
| 2021 | $419,401,531▲3.6% | $390,921,666▼9.5% | $244,399,721▲0.7% | $444,442,259▼4.0% | 990 |
| 2020 | $404,716,762▲0.8% | $431,799,763▲21.2% | $242,783,346▲2.9% | $463,185,777▲15.9% | 990 |
| 2019 | $401,351,689▼0.8% | $356,184,111▼5.1% | $235,927,453▲27.6% | $399,760,082▲9.9% | 990 |
| 2018 | $404,610,122▲6.2% | $375,255,368▲14.4% | $184,874,443▲11.4% | $363,613,686▲8.6% | 990 |
| 2017 | $380,850,793▲22.1% | $328,028,203▲12.9% | $166,001,891▲38.4% | $334,944,683▲29.2% | 990 |
| 2016 | $311,934,252▲11.4% | $290,462,122▼0.2% | $119,904,656▲73.1% | $259,316,262▲18.4% | 990 |
| 2015 | $279,922,552▲19.8% | $291,039,283▲23.4% | $69,255,582▼18.8% | $218,994,693▲1.7% | 990 |
| 2014 | $233,602,823▲9.5% | $235,917,710▲0.8% | $85,311,085▲0.1% | $215,328,372▲4.6% | 990 |
| 2013 | $213,266,006 | $234,084,252▲10.3% | $85,191,690▼16.1% | $205,954,696▼0.3% | 990 |
| 2012 | — | $212,237,766▲13.5% | $101,521,134▲2.2% | $206,502,013▲7.0% | 990 |
| 2011 | — | $186,974,510▲4.1% | $99,348,836▼4.8% | $192,964,655▲0.5% | 990 |
| 2010 | — | $179,615,707▲28.4% | $104,328,174▲0.2% | $192,079,122▲2.3% | 990 |
| 2009 | — | $139,876,561 | $104,168,462 | $187,701,286 | 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 |
|---|---|---|---|
| Bill Koponen | Co-chairman | 1 | — |
| Brian Gardner | Trustee | 1 | — |
| David Gorgas | Trustee - Term. 7/2024 | 1 | — |
| David Thomas | Trustee - Eff. 8/2024 | 1 | — |
| Enrique Arguello | Trustee | 1 | — |
| Fernando Estrada | Trustee | 1 | — |
| James Troup | Trustee | 1 | — |
| Jerry Overaa | Trustee | 1 | — |
| Kurt Kniffin | Trustee | 1 | — |
| Oscar De La Torre | Chairman | 1 | — |
| Ramon Hernandez | Trustee | 1 | — |
| See Sch O For Compensation | Paid By Related Organizations | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Laborers Fund Administrative Office | Administrator | $13,344,328 |
| Anthem Blue Cross | Claims Admin | $4,698,555 |
| Transcarent Inc | Cash Management | $1,015,761 |
| Mcmorgan Company | Investment Mgmt | $412,161 |
| Pacific Printing Co | Printing | $373,061 |
Frequently asked questions
- Is Laborers Health and Welfare Trust Fund For Northern California a legitimate nonprofit?
- Yes. Laborers Health and Welfare Trust Fund For Northern California is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 94-1235152, based in Pleasanton, California.
- What is Laborers Health and Welfare Trust Fund For Northern California's EIN?
- Laborers Health and Welfare Trust Fund For Northern California's Employer Identification Number (EIN) is 94-1235152.
- How much revenue does Laborers Health and Welfare Trust Fund For Northern California report?
- Laborers Health and Welfare Trust Fund For Northern California reported $470,041,298 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Laborers Health and Welfare Trust Fund For Northern California have?
- CharityIndex grades Laborers Health and Welfare Trust Fund For Northern California B, based on financial health (reserves and operating margin).
- How much does Laborers Health and Welfare Trust Fund For Northern California's highest-paid employee make?
- The highest reported compensation on Laborers Health and Welfare Trust Fund For Northern California's latest Form 990 is $0, paid to Bill Koponen (Co-chairman).
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Data for Laborers Health and Welfare Trust Fund For Northern California (EIN 94-1235152) 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.