Southwest Carpenters Vacation Trust
501(c)(9)
99% goes to programs Thin reserves Growing revenue
Southwest Carpenters Vacation Trust is a 501(c)(9) organization based in Los Angeles, California, registered in 1964, with $296,124,883 in FY2024 revenue. CharityIndex grades it B, and it directs about 99% of spending to programs.
445 S Figueroa St Ste 2800, Los Angeles, CA, 90071 EIN 95-6042279 Since 1964
Revenue (FY2024)
$296.1M
▲ 15.2% vs prior year
Expenses (FY2024)
$297.3M
Net assets
$3.5M
Employees
2
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Southwest Carpenters Vacation Trust: 99% to programs earns a A+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · -0% 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 Southwest Carpenters Vacation Trust: 0 mo reserves · -0% margin earns a C 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 Southwest Carpenters Vacation 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 Southwest Carpenters Vacation Trust: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Distribution of vacation, sick leave and paid time off benefits
Contact & location
- Address
- 445 S Figueroa St Ste 2800, Los Angeles, CA, 90071
- City
- Los Angeles
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $304K (FY2013) to $296.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $117.6MNet assets $3.5M
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$121.1M
Total liabilities
$117.6M
Net assets
$3.5M
Salaries & benefits
$99
0% of expenses
Board members
16
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $296,124,883▲15.2% | $297,321,456▲15.7% | $3,536,686▲3429% | $121,128,113▲17.1% | 990 |
| 2023 | $257,009,321▲8.3% | $256,939,988▲6.6% | -$106,231▲89.4% | $103,440,862▲17.8% | 990 |
| 2022 | $237,222,280▲6.4% | $241,106,199▲5.9% | -$999,060▼121% | $87,776,590▲5.0% | 990 |
| 2021 | $222,961,699▼3.5% | $227,707,256▼2.4% | $4,859,634▼47.8% | $83,622,667▼13.2% | 990 |
| 2020 | $230,953,003▲2.1% | $233,277,010▲2.7% | $9,307,539▲4.6% | $96,309,849▼5.1% | 990 |
| 2019 | $226,172,616▲26.4% | $227,038,078▲25.3% | $8,901,004▲51.5% | $101,538,396▲21.7% | 990 |
| 2018 | $178,976,067▲26.9% | $181,150,381▲17.5% | $5,876,483▼8.8% | $83,424,257▲24.6% | 990 |
| 2017 | $141,005,123▲45.4% | $154,144,401▲56.9% | $6,440,716▼65.1% | $66,971,722▲4.4% | 990 |
| 2016 | $96,971,852▲23222% | $98,216,037▲5301% | $18,430,159▲3.0% | $64,148,808▲36.8% | 990 |
| 2015 | $415,789▲121% | $1,818,461▼2.6% | $17,896,483▼2.0% | $46,875,961▲10.1% | 990 |
| 2014 | $187,969▼38.1% | $1,867,570▲5.2% | $18,263,059▲6.6% | $42,583,575▼1.5% | 990 |
| 2013 | $303,656 | $1,774,861▲2.6% | $17,126,148▲1.0% | $43,215,820▲0.8% | 990 |
| 2012 | — | $1,729,671▲8.7% | $16,962,268▲128% | $42,865,832▲24.6% | 990 |
| 2011 | — | $1,591,045▼38.9% | $7,447,352▲12.5% | $34,393,707▲2.2% | 990 |
| 2010 | — | $2,605,731 | $6,619,019 | $33,668,051 | 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 |
|---|---|---|---|
| Allen Othman | Trustee | 1 | — |
| Anthony Rosetti | Trustee | 1 | — |
| Clint Larison | Trustee | 1 | — |
| Curtis Conyers Jr | Trustee | 1 | — |
| Douglas Mccarron | Trustee | 1 | — |
| Frank Hawk | Trustee | 1 | — |
| Frank Zambrano | Trustee | 1 | — |
| Greg Wilson | Trustee | 1 | — |
| Jacob Lopez | Trustee | 1 | — |
| Josh Raper | Trustee | 1 | — |
| Kim Fromer | Trustee | 1 | — |
| Oscar Cordova | Trustee | 1 | — |
| Pete Rodriguez | Trustee | 1 | — |
| Richard Harris | Trustee | 1 | — |
| Sean Hartranft | Trustee | 1 | — |
| Tony Cornell | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Carpenters Southwest Administrative Corp | Administrative Services | $3,965,748 |
| Shanley A Professional Corporation | Legal Services | $342,644 |
Frequently asked questions
- Is Southwest Carpenters Vacation Trust a legitimate nonprofit?
- Yes. Southwest Carpenters Vacation Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 95-6042279, based in Los Angeles, California.
- What is Southwest Carpenters Vacation Trust's EIN?
- Southwest Carpenters Vacation Trust's Employer Identification Number (EIN) is 95-6042279.
- How much revenue does Southwest Carpenters Vacation Trust report?
- Southwest Carpenters Vacation Trust reported $296,124,883 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Southwest Carpenters Vacation Trust's spending goes to programs?
- Southwest Carpenters Vacation Trust spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Southwest Carpenters Vacation Trust have?
- CharityIndex grades Southwest Carpenters Vacation Trust B, based on program efficiency and fundraising cost.
- How much does Southwest Carpenters Vacation Trust's highest-paid employee make?
- The highest reported compensation on Southwest Carpenters Vacation Trust's latest Form 990 is $0, paid to Allen Othman (Trustee).
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Data for Southwest Carpenters Vacation Trust (EIN 95-6042279) 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.