Electrical Workers Benefit Trust Fund

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

EIN: 350851694 ✦ Indianapolis, IN ✦ Designated as a 501(c)(9)

Overview

What is Electrical Workers Benefit Trust Fund?

The Electrical Workers Benefit Trust Fund is a nonprofit organization established to extend health and welfare benefits to its members and their dependents. The primary objective of this trust is to ensure access to essential long-term disability and death benefits, improving the overall well-being and financial security of its members.


Is Electrical Workers Benefit Trust Fund legitimate?

Electrical Workers Benefit Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electrical Workers Benefit Trust 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: $65,511
Professional Fundraising Fees: $0
Other Salaries and Wages: $308,455

For more financial information, click here


What is the mission statement of Electrical Workers Benefit Trust Fund?
Who is the CEO of Electrical Workers Benefit Trust Fund?
What is the revenue of Electrical Workers Benefit Trust Fund?
Who are the executives of Electrical Workers Benefit Trust Fund and what are their salaries?
Where can I find the form 990 for Electrical Workers Benefit Trust Fund?

Mission Statement of Electrical Workers Benefit Trust Fund

The Electrical Workers Benefit Trust Fund is a dedicated organization with a mission to extend health and welfare benefits to its members and their dependents. Established to ensure the wellbeing of its members, the Trust Fund offers long-term disability and death benefits as part of its core purpose. By granting access to these crucial benefits, the organization provides a safety net for those in need, ensuring peace of mind and financial security during challenging times.

Impact

This information is meant to be a general summary of Electrical Workers Benefit Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Electrical Workers Benefit Trust Fund impacts the lives of its members by providing essential health and welfare benefits. This includes access to long-term disability and death benefits for both members and their dependents. By offering these benefits, the trust fund helps ensure the well-being and financial security of electric workers and their families in Indianapolis, IN.





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: $362,777
  • Program Service Revenue: $43,317,546
  • Gross Receipts: $82,007,414

    • Assets and Liabilities:
  • Total Assets: $158,526,300
  • Total Liabilities: $406,430
  • Net Assets: $158,119,870
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $38,517,041

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $3,861,119

    PRESCRIPTION REBATES

    Revenue

    $747,175

    SUBROGATION RECOVERIES

    Revenue

    $105,894

    STOP LOSS REFUNDS

    Revenue

    $71,211

    Organization Details

    Founding Year

    1949

    Principal Officer

    David Ray

    Main Address

    1828 N MERIDIAN ST 103, INDIANAPOLIS, IN, 46202

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Electrical Workers Benefit Trust 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.