Ibew 332 Health & Welfare Trust Fund

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

EIN: 946401540 ✦ San jose, CA ✦ Designated as a 501(c)(9)

Overview

What is Ibew 332 Health & Welfare Trust Fund?

Ibew 332 Health & Welfare Trust Fund is a nonprofit organization located at 6800 Santa Teresa Blvd 100, San Jose, CA, 95119. Their primary mission is to extend health and welfare benefits to eligible individuals covered under collective bargaining agreements between the union and employers. In simple terms, they offer essential services to those who meet specific criteria within the union and employer partnerships.


Is Ibew 332 Health & Welfare Trust Fund legitimate?

Ibew 332 Health & Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew 332 Health & Welfare Trust 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: $0

For more financial information, click here


What is the mission statement of Ibew 332 Health & Welfare Trust Fund?
Who is the CEO of Ibew 332 Health & Welfare Trust Fund?
What is the revenue of Ibew 332 Health & Welfare Trust Fund?
Who are the executives of Ibew 332 Health & Welfare Trust Fund and what are their salaries?
Where can I find the form 990 for Ibew 332 Health & Welfare Trust Fund?

Mission Statement of Ibew 332 Health & Welfare Trust Fund

Ibew 332 Health & Welfare Trust Fund is a charitable organization dedicated to extending health and welfare benefits to eligible participants. Through collective bargaining agreements between the union and employers, this trust fund ensures coverage for a significant number of individuals.

The mission of Ibew 332 Health & Welfare Trust Fund is multifaceted. Primarily, it is focused on delivering essential health benefits to its members, granting them access to vital medical services and resources. Additionally, it offers welfare benefits, which encompass a broader range of assistance, such as financial aid, counseling services, or other forms of support, to help participants maintain their overall well-being.

By providing health and welfare benefits to eligible participants covered under collective bargaining agreements, Ibew 332 Health & Welfare Trust Fund plays a crucial role in enhancing the quality of life for those it serves. Its commitment to this mission is unwavering, ensuring that the trust fund remains a valuable resource for its members in their times of need.

Impact

This information is meant to be a general summary of Ibew 332 Health & Welfare Trust Fund. 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 the Ibew 332 Health & Welfare Trust Fund is significant as it provides essential health and welfare benefits to eligible participants covered under collective bargaining agreements between the union and the employers. By offering these benefits, the Trust Fund plays a crucial role in ensuring the well-being and security of its members and their families. This support helps to enhance the quality of life for participants by providing access to necessary healthcare services and other welfare benefits. Additionally, the Trust Fund's mission to provide these benefits underscores its commitment to promoting the mutual benefit of all involved parties.





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: $1,181,922
  • Program Service Revenue: $73,414,387
  • Gross Receipts: $74,963,348

    • Assets and Liabilities:
  • Total Assets: $155,338,433
  • Total Liabilities: $82,163,603
  • Net Assets: $73,174,830
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $60,452,047

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $10,960,072

    INCOMING RECIPROCITY CONTRIBUTION

    Revenue

    $2,002,268

    Organization Details

    Founding Year

    1959

    Principal Officer

    Doug Lung

    Main Address

    6800 SANTA TERESA BLVD 100, SAN JOSE, CA, 95119

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Ibew 332 Health & Welfare Trust 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.