Pipeline Industry Benefit Fund

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

EIN: 730742835 ✦ Tulsa, OK ✦ Designated as a 501(c)(9)

Overview

What is Pipeline Industry Benefit Fund?

The Pipeline Industry Benefit Fund is a nonprofit organization dedicated to offering health and death benefits to eligible participants and their dependents. This fund extends health benefits to eligible disabled and retired participants, as well as widowed spouses of eligible, disabled, and retired individuals. Its programs comprise health reimbursement arrangement benefits and senior health and accident coverage. In essence, the Pipeline Industry Benefit Fund serves to ensure that those eligible receive necessary coverage for their health and wellbeing.


Official website here: www.pibf.org

Is Pipeline Industry Benefit Fund legitimate?

Pipeline Industry Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pipeline Industry Benefit 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: $355,139
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,837,733

For more financial information, click here


Official website here: www.pibf.org

What is the mission statement of Pipeline Industry Benefit Fund?

The Pipeline Industry Benefit Fund is dedicated to extending health and death benefits to eligible individuals and their dependents. This organization ensures coverage for a vast array of benefits, primarily focusing on the health needs of participants and their families. The fund goes beyond the basics by providing health benefits to eligible retirees, disabled individuals, and widowed spouses. Through its health reimbursement arrangement benefits and senior health and accident coverage programs, the Pipeline Industry Benefit Fund offers comprehensive support to those in need.


Official website here: www.pibf.org

Who is the CEO of Pipeline Industry Benefit Fund?

Renee Vause is the Trustee, Co-Chairman of Pipeline Industry Benefit Fund.


Official website here: www.pibf.org

What is the revenue of Pipeline Industry Benefit Fund?

Pipeline Industry Benefit Fund's revenue in 2022 was $44,150,642.


Official website here: www.pibf.org

Who are the executives of Pipeline Industry Benefit Fund and what are their salaries?

The average compensation at Pipeline Industry Benefit Fund during 2022 was $73,096. There are 30 employees and 6 volunteers at Pipeline Industry Benefit Fund.

Here are 12 key members and their salaries:

    Justin Wallace (Trustee, Secretary)
  • Compensation: $0
  • Related: $328,814
  • Other: $164,712

    • Daniel Hendrix (Trustee, Co-Chairman)
  • Compensation: $0
  • Related: $317,746
  • Other: $163,644

    • Renee Vause (Director)
  • Compensation: $280,289
  • Related: $0
  • Other: $74,850

    • Chad S Williams (Pensions & Contributions Manager)
  • Compensation: $254,439
  • Related: $0
  • Other: $73,057

    • Amber Troyer (Controller)
  • Compensation: $119,591
  • Related: $0
  • Other: $63,954

    • Steve Rowden (Operations Manager)
  • Compensation: $116,867
  • Related: $0
  • Other: $63,808

    • Kimberly Brasiola (Claims Manager)
  • Compensation: $117,832
  • Related: $0
  • Other: $61,141

    • Kelly Osborn (Trustee, Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronnie Wise (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby Poteete (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Kime (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Somerville (Trustee, Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pibf.org

    Where can I find the form 990 for Pipeline Industry Benefit Fund?

    The Pipeline Industry Benefit Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pibf.org

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

    Mission Statement of Pipeline Industry Benefit Fund

    The Pipeline Industry Benefit Fund, a notable organization, is dedicated to extending health and death benefits to eligible participants and their dependents. This nonprofit organization ensures coverage for a significant number of individuals, offering them peace of mind and crucial support.

    In more detail, the Pipeline Industry Benefit Fund's mission is geared towards providing comprehensive health and death benefits to the eligible participants of its program. This coverage extends to the dependents of these individuals, ensuring that a broader range of people within the community are taken care of. Furthermore, the organization offers health benefits tailored for eligible disabled and retired participants, as well as widowed spouses of disabled, retired, and eligible individuals.

    The Pipeline Industry Benefit Fund's programs are designed to cater to the diverse needs of its beneficiaries. Some of its key offerings include health reimbursement arrangement benefits and senior health and accident coverage. These benefits empower individuals to access essential healthcare services and manage unforeseen circumstances, ultimately enhancing their overall well-being.

    Impact

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




    Thursday, August 15, 2024

    The Pipeline Industry Benefit Fund provides essential health and death benefits to eligible participants, their dependents, as well as health benefits to disabled and retired participants and widowed spouses. By offering health reimbursement arrangement benefits and senior health and accident coverage, the fund plays a crucial role in supporting the well-being of individuals associated with the pipeline industry. Through its programs, the Pipeline Industry Benefit Fund ensures that those who have dedicated their careers to this industry have access to necessary support and resources, contributing to their financial security and peace of mind.





    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: $1,245,657
  • Program Service Revenue: $42,904,385
  • Gross Receipts: $44,150,672

    • Assets and Liabilities:
  • Total Assets: $58,317,793
  • Total Liabilities: $643,337
  • Net Assets: $57,674,456
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $35,616,723

    RETIREES SELF-PAY CONTRIBUTIONS

    Revenue

    $3,062,809

    COBRA CONTRIBUTIONS

    Revenue

    $2,212,642

    REBATE INCOME

    Revenue

    $2,012,211

    Organization Details

    Founding Year

    1964

    Principal Officer

    Renee Vause

    Main Address

    PO BOX 470950, TULSA, OK, 74147

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Pipeline Industry Benefit 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.