Electrical Insurance Trustees

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

EIN: 361033970 ✦ Alsip, IL ✦ Designated as a 501(c)(9)

Overview

What is Electrical Insurance Trustees?

Electrical Insurance Trustees, based in Chicago, IL, is a company dedicated to offering medical, death, disability, and unemployment benefits to eligible individuals and their dependents. The organization's primary objective is to extend medical coverage to plan participants. With a mission-driven approach, Electrical Insurance Trustees strives to ensure the health and wellbeing of its beneficiaries.


Official website here: www.fundoffice.org

Is Electrical Insurance Trustees legitimate?

Electrical Insurance Trustees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electrical Insurance Trustees 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: $382,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,648,757

For more financial information, click here


Official website here: www.fundoffice.org

What is the mission statement of Electrical Insurance Trustees?

Electrical Insurance Trustees is committed to extending medical benefits to the eligible participants of their plan. Based in Chicago, Illinois, this organization focuses on delivering essential healthcare services to those enrolled. Their primary objective revolves around ensuring access to medical coverage for their members. By providing medical benefits, they aim to enhance the overall well-being of their participants, enabling them to live healthier lives. Their mission encompasses medical, death, disability, and unemployment benefits, offering a comprehensive safety net for those they serve.


Official website here: www.fundoffice.org

Who is the CEO of Electrical Insurance Trustees?

Mr Kenneth Bauwens is the Trustee of Electrical Insurance Trustees.


Official website here: www.fundoffice.org

What is the revenue of Electrical Insurance Trustees?

Electrical Insurance Trustees's revenue in 2022 was $275,509,877.


Official website here: www.fundoffice.org

Who are the executives of Electrical Insurance Trustees and what are their salaries?

The average compensation at Electrical Insurance Trustees during 2022 was $84,656. There are 24 employees at Electrical Insurance Trustees.

Here are 15 key members and their salaries:

    Sean Madix (Executive Director)
  • Compensation: $354,600
  • Related: $0
  • Other: $187,573

    • Donald Finn (Trustee)
  • Compensation: $0
  • Related: $213,953
  • Other: $73,460

    • Daniel Sheffield (Director Of Information Sy)
  • Compensation: $152,490
  • Related: $0
  • Other: $112,334

    • Brian Brown (Trustee)
  • Compensation: $0
  • Related: $148,636
  • Other: $73,460

    • Lori Seljan (Director Of Accounting)
  • Compensation: $130,561
  • Related: $0
  • Other: $90,712

    • Kevin Connolly (Trustee)
  • Compensation: $0
  • Related: $149,139
  • Other: $71,569

    • Tracy Sohst (Director Of Participant Se)
  • Compensation: $107,248
  • Related: $0
  • Other: $57,521

    • Tanya Baird (Director Of Pension)
  • Compensation: $102,299
  • Related: $0
  • Other: $50,409

    • John P Dalton (Trustee)
  • Compensation: $0
  • Related: $20,642
  • Other: $0

    • Michael B Plummer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Bauwens (Trustee/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael R Walsdorf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Block (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Witz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Weir (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fundoffice.org

    Where can I find the form 990 for Electrical Insurance Trustees?

    The Electrical Insurance Trustees’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fundoffice.org

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

    Mission Statement of Electrical Insurance Trustees

    Electrical Insurance Trustees, a mission-driven organization, is dedicated to extending essential medical benefits to its eligible participants. By offering medical, death, disability, and unemployment coverage, this company plays a significant role in securing the wellbeing of its members and their dependents. In simpler terms, Electrical Insurance Trustees works tirelessly to ensure its plan participants have access to vital medical benefits when they need it most.

    Impact

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




    Thursday, August 15, 2024

    Electrical Insurance Trustees provides medical benefits to eligible participants and their dependents. This can have a significant impact on the well-being and financial security of these individuals by helping to cover medical expenses and providing support in times of death, disability, or unemployment. By offering these benefits, Electrical Insurance Trustees plays a vital role in supporting the health and welfare of its participants and contributing to their overall quality of life.





    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: $6,756,435
  • Program Service Revenue: $268,350,924
  • Gross Receipts: $566,174,084

    • Assets and Liabilities:
  • Total Assets: $729,046,741
  • Total Liabilities: $28,985,560
  • Net Assets: $700,061,181
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $238,136,949

    PRESCRIPTION DRUG REBATES

    Revenue

    $16,135,764

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $8,419,982

    REIMBURSED SHARED EXPENSES

    Revenue

    $3,328,951

    MEDICARE PART D SUBSIDY

    Revenue

    $2,329,278

    Organization Details

    Founding Year

    1930

    Principal Officer

    Mr Kenneth Bauwens

    Main Address

    6195 W 115TH STREET, ALSIP, IL, 60803

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Electrical Insurance Trustees 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.