Is Ufcw Local One Health Care Fund Legit?

The UFCW Local One Health Care Fund demonstrates a strong and consistent financial position, primarily focused on its program services. Over the past several years, the organization has consistently generated substantial revenue, with the latest reported revenue at $97,294,704 and assets growing to $89,841,889. The fund's expenses have generally been well-managed relative to its revenue, leading to a healthy accumulation of assets, which is crucial for a healthcare fund. For instance, in 2022, revenue was $80,911,004 against expenses of $65,553,720, indicating a significant surplus that contributes to its asset base. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of financial transparency and a focus on directing funds towards its primary mission rather than executive salaries. This lack of reported officer compensation is a significant positive indicator of the organization's commitment to its beneficiaries.