Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund

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

EIN: 237091120 ✦ Cedar rapids, IA ✦ Designated as a 501(c)(9)

Overview

What is Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund?

The Cedar Rapids Electrical Workers Local #405 Health and Welfare Fund is a nonprofit organization based in Cedar Rapids, Iowa. With a mission to provide health and welfare benefits, it receives contributions from both employers and employees. These contributions support 868 participants and their dependents, ensuring they have access to essential health and welfare services. The fund's commitment extends beyond just financial assistance, as it aims to promote overall wellbeing and security for its members.


Is Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund legitimate?

Cedar Rapids Electrical Workers Local #405 Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cedar Rapids Electrical Workers Local #405 Health And 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund?
Who is the CEO of Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund?
What is the revenue of Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund?
Who are the executives of Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund and what are their salaries?
Where can I find the form 990 for Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund?

Mission Statement of Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund

Cedar Rapids Electrical Workers Local #405 Health and Welfare Fund is a mission-driven organization that focuses on providing health and welfare benefits to its participants and their dependents. Through employer and employee contributions, this welfare fund ensures the well-being of 868 individuals. In essence, the Fund serves as a safety net, offering essential services and support to enhance the quality of life for the beneficiaries.

The Cedar Rapids Electrical Workers Local #405 Health and Welfare Fund is dedicated to making a positive difference in people's lives. By pooling resources from both employers and employees, the organization is able to extend a broad range of benefits that cater to the diverse needs of its members. These benefits extend beyond just healthcare, encompassing various aspects of well-being, ensuring that the recipients can live their lives to the fullest.

With the primary goal of ensuring the well-being of its participants, the Cedar Rapids Electrical Workers Local #405 Health and Welfare Fund is a beacon of hope and security for those it serves. By utilizing collective contributions, the Fund is able to provide a comprehensive suite of benefits that not only addresses the physical health needs of its members but also addresses their emotional, social, and financial well-being. This holistic approach is a testament to the organization's commitment to improving the lives of its beneficiaries.

Impact

This information is meant to be a general summary of Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of the Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund is significant as it provides health and welfare benefits to 868 participants and their dependents. Through employer and employee contributions, this fund ensures that individuals and their families have access to essential healthcare services and support. By offering these benefits, the fund plays a crucial role in enhancing the well-being and quality of life for its participants, contributing to their overall financial 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: $1,048,100
  • Program Service Revenue: $12,217,669
  • Gross Receipts: $21,879,341

    • Assets and Liabilities:
  • Total Assets: $19,523,124
  • Total Liabilities: $319,679
  • Net Assets: $19,203,445
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $11,946,304

    PARTICIPANTS

    Revenue

    $271,365

    Organization Details

    Founding Year

    1970

    Principal Officer

    Junior Luensman

    Main Address

    424 1ST AVENUE NE, CEDAR RAPIDS, IA, 52401

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Cedar Rapids Electrical Workers Local 405 Health And 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.