Overview
What is Ibew Local Union No 90 Cobra Subsidy Benefit Fund?
Ibew Local Union No 90 Cobra Subsidy Benefit Fund is a nonprofit organization situated in Wallingford, Connecticut. Their primary mission is to assist unemployed members of I.B.E.W. Local Union No. 90 who are currently paying for health coverage under COBRA. By reimbursing a portion of their COBRA medical insurance payments, the fund aims to provide financial relief during times of unemployment. The organization's location in Wallingford, Connecticut, is specified as 2 North Plains Industrial Road.
Is Ibew Local Union No 90 Cobra Subsidy Benefit Fund legitimate?
Ibew Local Union No 90 Cobra Subsidy Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibew Local Union No 90 Cobra Subsidy 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 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
What is the mission statement of Ibew Local Union No 90 Cobra Subsidy Benefit Fund?
The Ibew Local Union No 90 Cobra Subsidy Benefit Fund is established with a mission to aid its members. Specifically, this mission involves reimbursing a portion of the unemployment-stricken members' Cobra medical insurance payments. By doing so, the fund aims to provide financial relief to its members who are undergoing unemployment while still requiring health coverage under the Consolidated Omnibus Budget Reconciliation Act (Cobra). This assistance ensures that the affected members can continue to access necessary medical care during their unemployment period.
Who is the CEO of Ibew Local Union No 90 Cobra Subsidy Benefit Fund?
Sean Daly is the Trustee of Ibew Local Union No 90 Cobra Subsidy Benefit Fund.
What is the revenue of Ibew Local Union No 90 Cobra Subsidy Benefit Fund?
Ibew Local Union No 90 Cobra Subsidy Benefit Fund's revenue in 2022 was $20,626.
Who are the executives of Ibew Local Union No 90 Cobra Subsidy Benefit Fund and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $128,776
- Other: $67,132
- Compensation: $0
- Related: $114,627
- Other: $66,352
Where can I find the form 990 for Ibew Local Union No 90 Cobra Subsidy Benefit Fund?
Ibew Local Union No 90 Cobra Subsidy Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ibew Local Union No 90 Cobra Subsidy Benefit Fund
The IBEW Local Union No 90 Cobra Subsidy Benefit Fund is a mission-driven entity dedicated to providing assistance to its members. Its primary goal is to reimburse a portion of the medical insurance payments for unemployed members who are enrolled in the COBRA program. This fund serves to alleviate the financial burden that comes with maintaining healthcare coverage during unemployment for members of IBEW Local Union No. 90. By offering this subsidy, the fund aims to support its members in maintaining their health and well-being during challenging times.
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Impact
October, 2024
The IBEW Local Union No. 90 Cobra Subsidy Benefit Fund significantly impacts its members by alleviating some of the financial burden associated with health insurance costs during unemployment. By reimbursing a portion of COBRA medical insurance payments, the fund provides crucial support to unemployed members, ensuring they can maintain access to necessary healthcare services during challenging times. This assistance helps to mitigate the stress of job loss and promotes overall well-being, enabling members to focus on their job search without the added worry of high medical expenses. Ultimately, the fund plays a vital role in fostering financial stability and health security for members of IBEW Local Union No. 90 in Wallingford, CT.
This information is meant to be a general summary of Ibew Local Union No 90 Cobra Subsidy Benefit Fund. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,626
- Gross Receipts: $106,524
Assets and Liabilities:
- Total Assets: $1,011,639
- Total Liabilities: $0
- Net Assets: $1,011,639
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Organization Details
Founding Year
1992
Phone
(203) 624-6638Principal Officer
Sean Daly
Main Address
2 NORTH PLAINS INDUSTRIAL RD, WALLINGFORD, CT, 06492
NTEE Category
Code: J40 - Employment
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