Public Charity

Southwest Multicraft Health & Welfare Trust Fund

Southwest Multicraft Health & Welfare Trust Fund is a nonprofit organization categorized as Public Charity based in Albuquerque, NM. Its most recent IRS filing (2025) reports revenue of $40.1M, expenses of $31.4M, total assets of $158.5M.

EIN: 856010752 Albuquerque, NM Latest filing: 2025
Total Revenue$40.1M
Total Expenses$31.4M
Total Assets$158.5M
Grant Records0
Filing Years2021–2025

Mission

To provide accident, hospital, surgical, medical, death benefits and saftey benefits

Where $100 goes at Southwest Multicraft Health & Welfare Trust Fund

How Southwest Multicraft Health & Welfare Trust Fund divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$94
To provide accident, hospital, surgical, medical, death benefits and safety benefits to approximately 3,500 members and their dependents
All program spending · Reported in the filing: 3,500 members
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Andrew Palmer
Trustee Bob Warianka
Vice Chairman Charles Watson
Secretary Darrell Deaguerro
Trustee David Martin
Chairman Edward Sim Jr

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $40.1M $31.4M $158.5M
2024 $39.3M $26.2M $143.5M
2023 $36.9M $24.8M $116.6M
2022 $14.5M $22.8M $97.0M
2021 $46.2M $26.1M $105.4M

Between 2021 and 2025, reported annual revenue declined from $46.2M to $40.1M (-13%), with total assets most recently reported at $158.5M.

Interactive year-over-year charts and full filing details available with membership.

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