Ibew Electrial Workers General Welfare Fund

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

EIN: 362951116 ✦ Warrenville, IL ✦ Designated as a 501(c)(9)

Overview

What is Ibew Electrial Workers General Welfare Fund?

The IBEW Electrical Workers General Welfare Fund is a nonprofit organization based in Warrenville, Illinois. Its primary mission is to offer health benefits and insurance coverage to eligible participants. The comprehensive coverage includes hospital services, vision care, dental plans, disability protection, as well as life and accidental death and dismemberment insurance. This fund is dedicated to enhancing the wellbeing of its members by addressing their diverse health needs.


Is Ibew Electrial Workers General Welfare Fund legitimate?

Ibew Electrial Workers General Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Electrial Workers General 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: $24,662
Professional Fundraising Fees: $0
Other Salaries and Wages: $765,330

For more financial information, click here


What is the mission statement of Ibew Electrial Workers General Welfare Fund?
Who is the CEO of Ibew Electrial Workers General Welfare Fund?
What is the revenue of Ibew Electrial Workers General Welfare Fund?
Who are the executives of Ibew Electrial Workers General Welfare Fund and what are their salaries?
Where can I find the form 990 for Ibew Electrial Workers General Welfare Fund?

Mission Statement of Ibew Electrial Workers General Welfare Fund

The IBEW Electrical Workers General Welfare Fund is a notable organization dedicated to extending health and insurance benefits to eligible participants. In essence, the Fund serves as a vital safety net, offering essential coverage in areas such as hospitalization, vision, dental care, disability, life insurance, and accidental death and dismemberment.

Established to make a tangible difference in people's lives, the IBEW Electrical Workers General Welfare Fund prides itself on providing comprehensive health and insurance solutions. Its mission is to ensure that eligible individuals are granted access to top-tier medical support and financial security, ultimately fostering peace of mind and stability.

By offering a comprehensive package of coverage, the IBEW Electrical Workers General Welfare Fund empowers its members to face life's uncertainties with confidence. Through its extensive range of benefits, the organization plays a pivotal role in securing the well-being of those it serves, enabling them to focus on what truly matters - their health and their future.

Impact

This information is meant to be a general summary of Ibew Electrial Workers General 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 Ibew Electrical Workers General Welfare Fund's impact lies in providing vital health and insurance benefits to eligible participants. This includes coverage for hospital visits, vision care, dental care, disability insurance, as well as life and accidental death and dismemberment insurance. These benefits play a significant role in supporting the well-being and financial security of those covered by the fund, ensuring access to necessary medical services and protection in times of need.





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: $4,157,926
  • Program Service Revenue: $35,572,090
  • Gross Receipts: $43,421,535

    • Assets and Liabilities:
  • Total Assets: $73,034,373
  • Total Liabilities: $18,386,766
  • Net Assets: $54,647,607
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $31,271,899

    RETIRED PARTICIPANT CONTRB

    Revenue

    $4,080,746

    ACTIVE PARTICIPANT CONTRIB

    Revenue

    $219,445

    Organization Details

    Founding Year

    1976

    Principal Officer

    Sharon Cattaneo

    Main Address

    28600 BELLA VISTA PARKWAY 1110, WARRENVILLE, IL, 60555

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Ibew Electrial Workers General 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.