International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd

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

EIN: 050264126 ✦ Cranston, RI ✦ Designated as a 501(c)(9)

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Overview

What is International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd?

International Brotherhood of Electrical Workers Local No 99 Health & Welfare Fd is a nonprofit trust based in Cranston, Rhode Island, with an address at 22 Amflex Drive, 02921. The organization's primary role is to provide welfare benefits for members affiliated with IBEW Local #99. The trust is set up to receive funding contributions and manage the assets associated with a multi-employer welfare benefit plan.


Official website here: www.ibew99.org

Is International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd legitimate?

International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd 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 tax deductible.


Heare 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


Official website here: www.ibew99.org

What is the mission statement of International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd?

The International Brotherhood of Electrical Workers Local No 99 Health & Welfare Fund is a trust created to manage resources for a multi-employer welfare benefit plan. Its primary role is to receive and hold the financial assets to ensure the provision of welfare benefits to the members of IBEW Local #99. The trust serves as a crucial entity, providing essential support and care to the electrical workers and their families. The benefits encompass a range of services designed to enhance their overall well-being, enabling them to thrive both personally and professionally.


Official website here: www.ibew99.org

Who is the CEO of International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd?

Wayne Tait is the Trustee of International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd.


Official website here: www.ibew99.org

What is the revenue of International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd?

International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd's revenue in 2022 was $11,896,573.


Official website here: www.ibew99.org

Who are the executives of International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd and what are their salaries?


Here are 6 key members and their salaries:


Joseph Walsh (Chairman)
  • Compensation: $0
  • Related: $155,225
  • Other: $0
Wayne Tait (Trustee)
  • Compensation: $0
  • Related: $143,564
  • Other: $0
Kenneth Demers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Manzi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ciacciarelli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Marks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibew99.org

Where can I find the form 990 for International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd?

International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibew99.org

Learn more at the official website: www.ibew99.org

Mission Statement of International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd

International Brotherhood of Electrical Workers Local No 99 Health & Welfare Fd is a trust established by Local Union No. 99 of the International Brotherhood of Electrical Workers. Its primary role is to receive funding contributions and manage the assets for a multi-employer welfare benefit plan. In simpler terms, this organization serves as a financial entity that provides welfare benefits for the members of IBEW Local #99.

The trust plays a crucial role in ensuring the well-being of the electrical workers under IBEW Local #99. It receives regular contributions from various employers, which are pooled together to fund the welfare benefits program. The trust then administers these benefits to eligible members, providing them with essential services and coverage.

The specifics of these benefits may vary, but they typically encompass health, disability, and retirement insurance. In times of need, the trust also offers financial assistance for dependent care, funeral expenses, and other similar necessities. By managing these benefits, the International Brotherhood of Electrical Workers Local No 99 Health & Welfare Fd fosters a sense of security and stability among its members, enabling them to focus on their work and personal lives with peace of mind.

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Impact




October, 2024

The International Brotherhood of Electrical Workers Local No 99 Health & Welfare Fund significantly impacts the lives of its members by providing essential welfare benefits. By receiving funding contributions and managing assets for a multi-employer welfare benefit plan, the Fund ensures that members of IBEW Local #99 have access to crucial benefits that support their health and well-being. This organization fosters a sense of security among electrical workers in Cranston, RI, enhancing their quality of life and contributing to a more stable workforce. Through its efforts, the Fund helps members navigate healthcare challenges, ultimately promoting both individual and collective well-being within the electrical industry.




This information is meant to be a general summary of International Brotherhood Of Electrical Workers Local No 99 Health & Welfare Fd. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$11,896,573 (2022)
Expenses
$11,732,135 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $678,010
  • Program Service Revenue: $11,218,563
  • Gross Receipts: $15,889,458

Assets and Liabilities:

  • Total Assets: $18,857,323
  • Total Liabilities: $354,421
  • Net Assets: $18,502,902

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Programs

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

Employers' contributions

Revenue

$11,136,834

Participant cobra contrib

Revenue

$81,729

Organization Details

Founding Year

1952

Principal Officer

Wayne Tait

Main Address

22 Amflex Drive, Cranston, RI, 02921

NTEE Category

Code: Y40 - Mutual benefit

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