Ipm Health and Welfare Trust of California

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

11 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Provides medical, dental, vision, prescription and death benefits to all eligible participants.

Revenue model: Earned-program. 87% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Fail
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 1.5%; rating input score 40; 40th percentile among comparable filings
Total-asset coverage ratio: 1.59; rating input score 53; 53rd percentile among comparable filings
Liabilities to assets ratio: 0.12; rating input score 70; 70th percentile among comparable filings
Officer compensation ratio: 3.7%; rating input score 62; 62nd percentile among comparable filings

Program expense growth: 75% per year; rating input score 100; 99th percentile among comparable filings
Revenue growth: 4.2% per year; rating input score 100; 37th percentile among comparable filings
Asset growth: 5.6% per year; rating input score 100; 40th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 8 of 8 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $231K · 11 people listed · 0 of 6 pay-setting controls reported
Consistency: 13 of 13 current checks pass
Schedules: 4 filed schedules · includes executive pay
Filing history: 13 filing years from 2012 to 2024
Contacts: How to reach this organization
Money network: 3 filed money-flow records
Related organizations: 3 filed related-organization links
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.

High — Transparency & Controls: Pay-setting controls scored 0/100.
Moderate — Sustainability: Operating margin scored 40/100.
Review — Accountability: Governance controls: Conflict-of-interest policy not reported.
Review — Sustainability: Total-asset coverage ratio scored 53/100.