Ibew 292 Health Care Plan

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

EIN: 411384754 ✦ Maple grove, MN ✦ Designated as a 501(c)(9)

Overview

What is Ibew 292 Health Care Plan?

The Ibew 292 Health Care Plan is a nonprofit organization based in Maple Grove, Minnesota, with an address at 6900 Wedgwood Road N 425. With a team of 14 dedicated employees, their primary mission is to provide health and welfare benefits to approximately 4,643 eligible participants, as stated in their plan document. The organization is committed to enhancing the wellbeing of its members by offering essential healthcare benefits and ensuring their overall health and happiness.


Official website here: www.ibew292benefits.org

Is Ibew 292 Health Care Plan legitimate?

Ibew 292 Health Care Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew 292 Health Care Plan 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: $138,134
Professional Fundraising Fees: $0
Other Salaries and Wages: $317,604

For more financial information, click here


Official website here: www.ibew292benefits.org

What is the mission statement of Ibew 292 Health Care Plan?

The Ibew 292 Health Care Plan is committed to providing health and welfare benefits to eligible participants and their beneficiaries. Its mission is centered around extending healthcare coverage to those who meet the plan's criteria as outlined in the plan document. This non-profit organization currently serves approximately 4,643 members, providing them with essential health benefits to help improve and maintain their overall well-being. By focusing on delivering comprehensive healthcare benefits, the Ibew 292 Health Care Plan aims to positively impact the lives of its members, ensuring they have access to vital healthcare services when they need it most.


Official website here: www.ibew292benefits.org

Who is the CEO of Ibew 292 Health Care Plan?

David Manderson is the Management Trustee, Chairman of Ibew 292 Health Care Plan.


Official website here: www.ibew292benefits.org

What is the revenue of Ibew 292 Health Care Plan?

Ibew 292 Health Care Plan's revenue in 2022 was $76,280,696.


Official website here: www.ibew292benefits.org

Who are the executives of Ibew 292 Health Care Plan and what are their salaries?

The average compensation at Ibew 292 Health Care Plan during 2022 was $32,553. There are 14 employees and 8 volunteers at Ibew 292 Health Care Plan.

Here are 10 key members and their salaries:

    David Manderson (Management Trustee, Chairman)
  • Compensation: $0
  • Related: $259,220
  • Other: $55,627

    • Jeffrey Heimerl (Labor Trustee)
  • Compensation: $0
  • Related: $161,698
  • Other: $69,482

    • Jennifer Mudge (Labor Trustee - Alternate)
  • Compensation: $0
  • Related: $135,528
  • Other: $62,055

    • Carla Gruetzmacher (Administrative Manager)
  • Compensation: $138,134
  • Related: $0
  • Other: $55,826

    • David Frary (Labor Trustee, Secretary)
  • Compensation: $0
  • Related: $126,038
  • Other: $58,652

    • Daniel Ferguson (Labor Trustee)
  • Compensation: $0
  • Related: $126,038
  • Other: $58,652

    • Laura Karow (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Kosmides (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Hein (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Morris (Management Trustee - Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ibew292benefits.org

    Where can I find the form 990 for Ibew 292 Health Care Plan?

    The Ibew 292 Health Care Plan’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ibew292benefits.org

    Learn more at the official website: www.ibew292benefits.org

    Mission Statement of Ibew 292 Health Care Plan

    Ibew 292 Health Care Plan, with its mission to provide, dedicates itself to extending health and welfare benefits to eligible participants and their beneficiaries. Established under the terms of its plan document, this organization caters to a community of 4,643 members, ensuring they receive the essential health care benefits they require. The primary objective of Ibew 292 Health Care Plan is to prioritize the well-being of its members by providing them with comprehensive health care benefits.

    Impact

    This information is meant to be a general summary of Ibew 292 Health Care Plan. 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 Ibew 292 Health Care Plan is significant in providing health and welfare benefits to its eligible participants and their beneficiaries. By offering these benefits, the plan positively impacts the overall well-being and quality of life for its 4,643 members in Maple Grove, MN. The provision of health care benefits ensures that individuals and their families have access to necessary medical services, contributing to their physical and financial health. This support helps create a sense of security and stability for the participants, promoting a healthier and more productive community overall.





    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: $6,001,373
  • Program Service Revenue: $70,223,270
  • Gross Receipts: $160,436,011

    • Assets and Liabilities:
  • Total Assets: $175,891,632
  • Total Liabilities: $632,652
  • Net Assets: $175,258,980
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $62,713,832

    PARTICIPANT CONTRIBUTI

    Revenue

    $5,382,734

    PRESCRIPTION REBATES

    Revenue

    $2,014,797

    SUBROGATION SETTLEMENT

    Revenue

    $111,907

    Organization Details

    Founding Year

    1980

    Principal Officer

    David Manderson

    Main Address

    6900 WEDGWOOD ROAD N 425, MAPLE GROVE, MN, 55311

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Ibew 292 Health Care Plan 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.