Ibew Local 25 Health & Benefit Fund

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

EIN: 111630810 ✦ Hauppauge, NY ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local 25 Health & Benefit Fund?

Ibew Local 25 Health & Benefit Fund is a nonprofit organization based in Hauppauge, New York, with the address 372 Vanderbilt Motor Parkway. Their mission revolves around providing essential health and other benefits to eligible participants. This fund strives to ensure the well-being of its members by offering a range of advantageous programs.

What are the reviews and ratings of this charity?

Ibew Local 25 Health & Benefit Fund currently lacks a rating from Charity Navigator. This absence of a rating does not connote a negative or positive assessment; it simply reflects that the organization does not meet the criteria due to its non-501(c)(3) status. Charity Navigator's evaluations primarily focus on organizations that are registered as 501(c)(3) and eligible for tax-deductible donations.

The nonprofit's historical ratings from Charity Navigator were largely based on Accountability and Finance scores, but more advanced metrics involving Leadership & Adaptability or Culture & Community were not applied. These limitations are due to its non-501(c)(3) status, which also restricts the evaluation of its impact and measurement.

The organization operates independently and does not fit into the categories that Charity Navigator can currently assess. It also appears there is no available financial data such as revenue, expenses, or key person salaries, further affecting its capacity to be evaluated through traditional Charity Navigator methodologies. User reviews from GreatNonprofits are also unavailable, thus providing no additional insights into personal experiences with the nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Ibew Local 25 Health & Benefit Fund legitimate?

Ibew Local 25 Health & Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 25 Health & 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 25 Health & Benefit Fund?

The Ibew Local 25 Health & Benefit Fund is dedicated to extending health and additional benefits to qualifying individuals. This organization strives to ensure the wellbeing and overall health of its participants by providing a comprehensive range of advantages. Through its purposeful efforts, the Fund aims to positively impact the lives of those it serves. The primary goal is to deliver crucial health benefits and supplementary offerings to eligible members, enhancing their quality of life.

Who is the CEO of Ibew Local 25 Health & Benefit Fund?

Unavailable

What is the revenue of Ibew Local 25 Health & Benefit Fund?

Ibew Local 25 Health & Benefit Fund's revenue in 2022 was $43,399,909.

Who are the executives of Ibew Local 25 Health & Benefit Fund and what are their salaries?


Here are 10 key members and their salaries:


James Kennedy (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Lasala (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Santoro (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clifford Seaman (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Callahan (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Casey (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Malley-Thru 622 (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Margolis (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Casey - Eff 722 (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosa Arreaga-Negron (Fund Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local 25 Health & Benefit Fund?

Ibew Local 25 Health & Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 25 Health & Benefit Fund

Ibew Local 25 Health & Benefit Fund is a mission-driven organization dedicated to providing essential health and other benefits to eligible participants. With a clear objective in mind, this fund prioritizes the well-being of those it serves. By offering a range of beneficial services, it aims to make a positive impact on the lives of those in need.

Established with the intention of making a difference, Ibew Local 25 Health & Benefit Fund provides a safety net for individuals who require access to vital healthcare and additional benefits. Through its purposeful efforts, it strives to ensure that those who are eligible can access the resources they need to thrive. The fund's commitment to improving the overall well-being of its participants is unwavering.

Ibew Local 25 Health & Benefit Fund is more than just a provider of health benefits; it is an essential lifeline for those who depend on its services. By offering a comprehensive suite of benefits, it empowers its participants to focus on their health and well-being, rather than the logistical challenges of accessing necessary care. In this way, it not only supports individuals but also helps to build stronger, more resilient communities.

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Impact




October, 2024

The IBEW Local 25 Health & Benefit Fund provides essential health and other benefits to eligible participants in Hauppauge, NY. Its impact is significant, as it ensures members and their families have access to healthcare services that promote overall well-being. By alleviating financial burdens associated with medical expenses, the Fund enhances the quality of life for participants, facilitating better health outcomes and greater security. This support allows individuals to focus on their careers and personal lives without the stress of healthcare costs, ultimately contributing to a more productive and engaged workforce. The Fund's mission highlights its dedication to mutual benefit, fostering a sense of community and shared responsibility among its members.




This information is meant to be a general summary of Ibew Local 25 Health & 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.

Revenue
$43,399,909 (2022)
Expenses
$46,360,283 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $259,673
  • Program Service Revenue: $43,139,300
  • Gross Receipts: $94,190,719

Assets and Liabilities:

  • Total Assets: $71,009,966
  • Total Liabilities: $5,782,039
  • Net Assets: $65,227,927

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$39,788,037

PARTICIPANT CONTRIBUTIONS

Revenue

$3,351,263

Organization Details

Founding Year

1950

Main Address

372 VANDERBILT MOTOR PARKWAY, HAUPPAUGE, NY, 11788

NTEE Category

Code: Y40 - Mutual benefit

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