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Ibew - 363 Welfare Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136132502 ✦ Harriman, NY ✦ Designated as a 501(c)(9)

Overview

What is Ibew - 363 Welfare Fund?

The Ibew - 363 Welfare Fund is a nonprofit organization committed to offering welfare benefits to eligible members. This fund ensures the provision of accident, hospital, medical, surgical, disability, and optical vacation coverage for participants and their dependents. The organization's mission is to enhance the well-being and financial security of those it serves.


Official website here: www.ibewlu363.org

Is Ibew - 363 Welfare Fund legitimate?

Ibew - 363 Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew - 363 Welfare Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $160,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,916

For more financial information, click here


Official website here: www.ibewlu363.org

What is the mission statement of Ibew - 363 Welfare Fund?

The Ibew - 363 Welfare Fund is dedicated to extending welfare benefits to eligible members. Their mission encompasses the provision of accident, hospital, medical, surgical, disability, and optical vacation benefits for those who qualify, along with their dependents. This organization prioritizes the health and well-being of its participants, offering a safety net for unexpected medical expenses and ensuring peace of mind.


Official website here: www.ibewlu363.org

Who is the CEO of Ibew - 363 Welfare Fund?

Pamela Brown is the Union Trustee of Ibew - 363 Welfare Fund.


Official website here: www.ibewlu363.org

What is the revenue of Ibew - 363 Welfare Fund?

Ibew - 363 Welfare Fund's revenue in 2022 was $27,935,804.


Official website here: www.ibewlu363.org

Who are the executives of Ibew - 363 Welfare Fund and what are their salaries?

The average compensation at Ibew - 363 Welfare Fund during 2022 was $34,607. There are 13 employees at Ibew - 363 Welfare Fund.

Here are 13 key members and their salaries:

    Samuel Fratto (Union Trustee)
  • Compensation: $0
  • Related: $243,653
  • Other: $58,714

    • Steve Neugebauer (Union Trustee)
  • Compensation: $0
  • Related: $160,980
  • Other: $58,714

    • John Dickson (Union Trustee)
  • Compensation: $0
  • Related: $160,980
  • Other: $58,714

    • John A Maraia (Union Trustee)
  • Compensation: $0
  • Related: $160,980
  • Other: $58,714

    • Pamela Brown (Plan Administrator)
  • Compensation: $160,980
  • Related: $0
  • Other: $57,714

    • Joseph Deleonardis (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Kaehler (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Johannemann (Employee Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Schwarzbeck (Employee Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Seidel (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Metz (Employee Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Heim (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Perugino (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ibewlu363.org

    Where can I find the form 990 for Ibew - 363 Welfare Fund?

    The Ibew - 363 Welfare Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ibewlu363.org

    Learn more at the official website: www.ibewlu363.org

    Mission Statement of Ibew - 363 Welfare Fund

    Ibew - 363 Welfare Fund is a mission-driven organization dedicated to extending welfare benefits to eligible members. In simple terms, this nonprofit aims to ensure the health and well-being of its participants by offering a comprehensive range of coverage.

    This inclusive fund provides accident, hospital, medical, surgical, disability, and optical vacation benefits for both participants and their dependents. Ibew - 363 Welfare Fund's commitment to supporting its members goes beyond just providing essential healthcare services. It strives to maintain the overall wellness of its community by addressing various aspects of their health needs.

    The welfare fund's mission is driven by the core belief that every individual deserves access to quality healthcare services, regardless of their circumstances. By offering a wide array of benefits, Ibew - 363 Welfare Fund empowers its members to focus on their recovery, well-being, and peace of mind, knowing that they have the necessary support to face life's challenges. Through its comprehensive offerings, this nonprofit plays a vital role in promoting the health and prosperity of its community.

    Impact

    This information is meant to be a general summary of Ibew - 363 Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ibew - 363 Welfare Fund plays a crucial role in providing essential welfare benefits to eligible members and their dependents. By offering accident, hospital, medical, surgical, disability, optical, and vacation benefits, this organization ensures that participants have access to necessary healthcare services and financial support in times of need. This impact contributes to the well-being and stability of members and their families, promoting a sense of security and peace of mind.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $748,028
  • Program Service Revenue: $26,586,979
  • Gross Receipts: $48,308,187

    • Assets and Liabilities:
  • Total Assets: $49,611,534
  • Total Liabilities: $10,091,682
  • Net Assets: $39,519,852
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYERS' CONTRIBUTIONS

    Revenue

    $23,919,657

    EMPLOYEES' CONTRIBUTIONS

    Revenue

    $1,888,903

    RETIREE DRUG SUBSIDY

    Revenue

    $778,419

    Organization Details

    Founding Year

    1956

    Principal Officer

    Pamela Brown

    Main Address

    67 COMMERCE DRIVE SOUTH, HARRIMAN, NY, 10926

    NTEE Category

    Code: J40Z - Employment

    If you are a representative of Ibew - 363 Welfare Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.