Painters Trust
501(c)(9)
Strong reserves
Painters Trust is a 501(c)(9) organization based in Portland, Oregon, registered in 1954, with $85,189,390 in FY2023 revenue.
5331 S Macadam Ave Ste 258, Portland, OR, 97239 EIN 91-0597991 Since 1954
Revenue (FY2023)
$85.2M
▼ 2.5% vs prior year
Expenses (FY2023)
$77.9M
Net assets
$73.6M
Employees
120
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 Painters Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +9% 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 Painters Trust: 11 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 Painters Trust: 4 of 6 checks met earns a B 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 Painters Trust: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The plan is a multiemployer health and welfare plan designed to provide benefits for eligible participants and beneficiaries as specified in the plan document.
Contact & location
Financial trends
Revenue grew from $46.7M (FY2013) to $85.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $46.6MNet assets $73.6M
Operating margin
8.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$120.2M
Total liabilities
$46.6M
Net assets
$73.6M
Salaries & benefits
$133K
0% of expenses
Board members
10
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $85,189,390▼2.5% | $77,880,505▼6.3% | $73,556,669▲21.3% | $120,170,713▲7.6% | 990 |
| 2022 | $87,404,039▲12.7% | $83,126,340▼5.5% | $60,630,235▲9.3% | $111,690,393▲8.6% | 990 |
| 2021 | $77,554,776▼7.8% | $87,967,525▲10.9% | $55,468,728▼23.7% | $102,882,797▼15.0% | 990 |
| 2020 | $84,126,168▲3.4% | $79,286,584▲2.5% | $72,667,336▲8.1% | $121,082,024▲9.1% | 990 |
| 2019 | $81,342,034▲4.8% | $77,332,127▼9.8% | $67,231,255▲8.8% | $110,934,817▲8.1% | 990 |
| 2018 | $77,642,566▲2.9% | $85,691,859▲18.6% | $61,811,209▼8.8% | $102,667,937▼0.2% | 990 |
| 2017 | $75,469,288▲8.4% | $72,240,668▲11.7% | $67,755,038▲4.5% | $102,922,031▲6.0% | 990 |
| 2016 | $69,633,737▲10.6% | $64,659,527▲7.7% | $64,863,392▲7.6% | $97,094,194▲18.2% | 990 |
| 2015 | $62,974,122▲17.8% | $60,019,010▲15.7% | $60,306,911▲12.5% | $82,143,385▲6.6% | 990 |
| 2014 | $53,452,662▲14.4% | $51,881,137▲9.0% | $53,612,926▲1.4% | $77,070,240▼1.9% | 990 |
| 2013 | $46,710,358 | $47,586,993▼4.8% | $52,883,075▼25.6% | $78,579,206▲0.9% | 990 |
| 2010 | — | $49,975,776▼8.0% | $71,102,645▼9.2% | $77,852,019▼9.5% | 990 |
| 2009 | — | $54,312,844 | $78,267,890 | $86,038,387 | 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 (FY2023)
Highest-paid: Melissa Kollman — $90,431 (0.12% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Melissa Kollman | Executive Director | 40 | $90,431 |
| Dave Winkler | Co-chair | 1 | — |
| Harold Daly | Employer Trustee | 1 | — |
| Jeremy Gibson | Employer Trustee | 1 | — |
| Jonathan Holca | Employer Trustee | 1 | — |
| Keith Markland | Union Trustee | 1 | — |
| Lisa Derosia | Union Trustee | 1 | — |
| Robert Williams | Union Trustee | 1 | — |
| Stacey Grund | Co-chair | 1 | — |
| Steve Malcolm | Employer Trustee | 1 | — |
| Todd Springer | Union Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Benesys | Third-party Administrator | $1,605,838 |
| Aetna Inc | Administrative Services | $1,485,231 |
| Renalogic | Cost Containment | $465,142 |
| The Urban Law Firm | Legal Services | $276,260 |
| Christensen James & Martin Chtd | Collection Services | $166,439 |
Frequently asked questions
- Is Painters Trust a legitimate nonprofit?
- Yes. Painters Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 91-0597991, based in Portland, Oregon.
- What is Painters Trust's EIN?
- Painters Trust's Employer Identification Number (EIN) is 91-0597991.
- How much revenue does Painters Trust report?
- Painters Trust reported $85,189,390 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much does Painters Trust's highest-paid employee make?
- The highest reported compensation on Painters Trust's latest Form 990 is $90,431, paid to Melissa Kollman (Executive Director).
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Explore more
Data for Painters Trust (EIN 91-0597991) 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.