NFP500

#249 of 500 · Trade, Professional & Labor

United Food & Commercial Workers Unions & Food Employers Ben Fund

EIN 95-2301788 · CA · NTEE n/a · Form 990, fiscal 2023

A multiemployer (Taft-Hartley) health and welfare benefit fund in Southern California, created through collective bargaining between Southern California retail food employers and UFCW union locals. Administered from Cypress, California, it provides health and welfare benefits to more than 100,000 participants working at grocery employers such as Ralphs, Vons, Albertsons and Stater Bros., and sponsors a scholarship program for participants and their dependents.

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Financials, fiscal 2023

Revenue
$628.2M
Expenses
$606.1M
Total assets
$477.5M
Net assets
$303.1M
Operating margin
3.5%
1-year growth
0.3%
5-year growth (CAGR)
1.0%
Reserve (years of spending)
6.0
Contributions share
n/a
Programme spending
99.6%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
14
Revenue per employee
$44.9M
Grants paid
n/a
Years filing
61

NFP Health Score: 81 / 100

Financial 67 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$603.3M
2020$592.3M
2021$680.2M
2022$626.3M
2023$628.2M