Overview
What is Electrical Workers Local No 86 Insurance Fund?
Electrical Workers Local No 86 Insurance Fund is a nonprofit organization based in Rochester, New York, with a workforce of four dedicated individuals. Their primary mission is to offer health and insurance benefits to members of IBEW Local No. 86. The organization provides a comprehensive range of coverage, including hospitalization, surgical and medical care, life, dental, accident, disability, vision, and health benefits. These benefits ensure that members have access to essential services to maintain their well-being.
Is Electrical Workers Local No 86 Insurance Fund legitimate?
Electrical Workers Local No 86 Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electrical Workers Local No 86 Insurance 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: $34,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,521
For more financial information, click here
What is the mission statement of Electrical Workers Local No 86 Insurance Fund?
The Electrical Workers Local No 86 Insurance Fund is dedicated to extending health and insurance benefits to its members. Their primary mission revolves around delivering essential coverage for various medical and health-related needs. This includes hospitalization, surgical procedures, and general medical care, in addition to providing protection through life, dental, accident, disability, vision, and health insurance plans. The fund's purpose is to ensure the wellbeing of its members by offering comprehensive and vital benefits.
Who is the CEO of Electrical Workers Local No 86 Insurance Fund?
Raymond Ryerse Peter Sto is the Trustee As Of 8/22 of Electrical Workers Local No 86 Insurance Fund.
What is the revenue of Electrical Workers Local No 86 Insurance Fund?
Electrical Workers Local No 86 Insurance Fund's revenue in 2022 was $19,366,505.
Who are the executives of Electrical Workers Local No 86 Insurance Fund and what are their salaries?
The average compensation at Electrical Workers Local No 86 Insurance Fund during 2022 was $21,823. There are 4 employees at Electrical Workers Local No 86 Insurance Fund.
Here are 10 key members and their salaries:
- Michael P Cecere (Fund Office Manager)
- Brian Bullen (Trustee Until 8/22)
- John Smyth (Trustee Until 8/22)
- Peter Stoller (Trustee)
- Victor E Salerno (Trustee)
- Jonathon Hand (Trustee)
- Raymond Ryerse (Trustee As Of 8/22)
- Timothy Longbine (Trustee As Of 8/22)
- Michael Conover (Trustee As Of 8/22)
- Michael J Bader (Trustee Until 8/22)
Where can I find the form 990 for Electrical Workers Local No 86 Insurance Fund?
The Electrical Workers Local No 86 Insurance Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Electrical Workers Local No 86 Insurance Fund
The Electrical Workers Local No 86 Insurance Fund is a committed organization that focuses on delivering health and insurance benefits to the members of IBEW Local No. 86. In simpler terms, this nonprofit fund exists to ensure the well-being of its members by providing them with essential group benefits.
Among the comprehensive range of benefits that the Electrical Workers Local No 86 Insurance Fund offers, members can access coverage for hospitalization, surgical procedures, and various medical needs. Furthermore, the fund extends its services to provide life insurance, dental, accident, disability, vision, and other health-related benefits. These offerings aim to ensure that the members of IBEW Local No. 86 have peace of mind knowing that they are protected against unforeseen health issues and financial burdens.
The Electrical Workers Local No 86 Insurance Fund's mission is driven by its dedication to the members it serves. By providing these essential benefits, the Fund strengthens the community of electrical workers and their families, allowing them to focus on their personal and professional lives with confidence. The organization's unwavering commitment to the health and well-being of its members is a testament to its importance and value within the IBEW Local No. 86 community.
Impact
This information is meant to be a general summary of Electrical Workers Local No 86 Insurance Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Electrical Workers Local No 86 Insurance Fund provides essential health and insurance benefits to members of Local No. 86. Through the provision of group benefits for hospitalization, surgical and medical care, life, dental, accident, disability, vision, and health benefits, the fund plays a crucial role in supporting the well-being and security of its members. These benefits contribute to the financial stability and peace of mind of the members, ensuring that they have access to necessary healthcare services and insurance coverage.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$16,569,258
PARTICIPANT'S CONTRIBUTIONS
Revenue
$2,049,722
Organization Details
Founding Year
1953
Phone
(585) 235-1515
Principal Officer
Raymond Ryerse Peter Sto
Main Address
2300 EAST RIVER ROAD, ROCHESTER, NY, 14623
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Electrical Workers Local No 86 Insurance 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.