St Paul Electrical Workers Welfare Fund

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

EIN: 411365924 ✦ St paul, MN ✦ Designated as a 501(c)(9)

Overview

What is St Paul Electrical Workers Welfare Fund?

The St Paul Electrical Workers Welfare Fund is a nonprofit organization located in St Paul, Minnesota, with a US address at 1330 Conway Street 130. The primary mission of this organization is to provide healthcare benefits for approximately 3,101 participants and their dependents. With a small workforce of one employee, the Fund offers group life, accident, and health insurance, including hospitalization, medical, surgical, and other benefits as determined by the trustees. The organization's purpose is to ensure eligible members have access to medical, dental, vision, and disability coverage.


Is St Paul Electrical Workers Welfare Fund legitimate?

St Paul Electrical Workers Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. St Paul Electrical Workers 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: $34,441

For more financial information, click here


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

Mission Statement of St Paul Electrical Workers Welfare Fund

The St. Paul Electrical Workers Welfare Fund is a mission-driven organization dedicated to providing healthcare benefits for eligible participants and their dependents. With a focus on medical, dental, vision, and disability coverage, this nonprofit endeavors to maintain group life, accident, and health insurance plans that cater to the needs of 3,101 participants and their beneficiaries.

The St. Paul Electrical Workers Welfare Fund trustees have determined a range of benefits to ensure comprehensive coverage for the fund's members. These benefits include, but are not limited to, group hospitalization, medical, and surgical coverage. The organization's commitment to the health and wellbeing of its members is unwavering, as it strives to improve their overall quality of life.

In essence, the St. Paul Electrical Workers Welfare Fund serves as a vital safety net for its members, ensuring they have access to essential healthcare services when they need it most. By providing these benefits, the nonprofit not only supports the physical health of its members but also contributes to their peace of mind, allowing them to focus on their personal and professional lives with confidence.

Impact

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




Thursday, August 15, 2024

St Paul Electrical Workers Welfare Fund's impact is significant in providing healthcare benefits for its 3,101 participants and their beneficiaries. The fund's mission to offer medical, dental, vision, and disability benefits to eligible participants and their dependents directly enhances the well-being and quality of life for those involved. Through the provision of group life, group accident, and health insurance, including hospitalization, medical, and surgical benefits, the fund plays a crucial role in ensuring that members have access to essential healthcare services when needed. By focusing on mutual benefit, St Paul Electrical Workers Welfare Fund makes a tangible difference in the lives of its constituents by safeguarding their health and financial security.





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: $2,471,430
  • Program Service Revenue: $52,710,121
  • Gross Receipts: $106,617,901

    • Assets and Liabilities:
  • Total Assets: $125,573,802
  • Total Liabilities: $6,662,631
  • Net Assets: $118,911,171
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $47,312,708

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $3,685,359

    SUB H&W CONTRIBUTIONS

    Revenue

    $1,712,054

    Organization Details

    Founding Year

    1973

    Principal Officer

    James Schult

    Main Address

    1330 CONWAY STREET 130, ST PAUL, MN, 55106

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of St Paul Electrical Workers 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.