Ibew Local No 236 Health And Benefit Fu

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

EIN: 141442159 ✦ Schenectady, NY ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local No 236 Health And Benefit Fu?

The IBEW Local No 236 Health and Benefit Fund is a nonprofit organization based in Schenectady, New York. This fund provides essential benefits to union members and their dependents, ensuring their well-being. Members have access to life insurance, accidental death and dismemberment insurance, disability coverage, comprehensive health and dental plans, and prescription drug coverage. By offering these benefits, the fund aims to support the overall health and financial security of its union members.


Official website here: www.ibew236funds.org

Is Ibew Local No 236 Health And Benefit Fu legitimate?

Ibew Local No 236 Health And Benefit Fu is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local No 236 Health And Benefit Fu 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.ibew236funds.org

What is the mission statement of Ibew Local No 236 Health And Benefit Fu?

The IBEW Local No 236 Health and Benefit Fund is dedicated to extending health care benefits to union members and their dependents. This fund offers a range of coverage including life insurance, accidental death and dismemberment insurance, disability insurance, health and dental benefits, prescription drug coverage, and more. The primary objective of this plan is to ensure the wellbeing of its union members by providing them with essential insurance and healthcare benefits. The Fund's mission emphasizes the importance of safeguarding the health and financial security of its members. By offering comprehensive coverage, it enables them to focus on their work and personal lives with peace of mind.


Official website here: www.ibew236funds.org

Who is the CEO of Ibew Local No 236 Health And Benefit Fu?

Michael Mastropietro is the Trustee of Ibew Local No 236 Health And Benefit Fu.


Official website here: www.ibew236funds.org

What is the revenue of Ibew Local No 236 Health And Benefit Fu?

Ibew Local No 236 Health And Benefit Fu's revenue in 2022 was $32,095,781.


Official website here: www.ibew236funds.org

Who are the executives of Ibew Local No 236 Health And Benefit Fu and what are their salaries?

There 6 volunteers at Ibew Local No 236 Health And Benefit Fu.


Here are 6 key members and their salaries:


Joseph P Gross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Spraragen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mosher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Martell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mastroprietro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibew236funds.org

Where can I find the form 990 for Ibew Local No 236 Health And Benefit Fu?

Ibew Local No 236 Health And Benefit Fu's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibew236funds.org

Learn more at the official website: www.ibew236funds.org

Mission Statement of Ibew Local No 236 Health And Benefit Fu

Ibew Local No 236 Health and Benefit Fund is a non-profit organization dedicated to extending health care benefits to union members and their dependents. The mission of this fund is to ensure the wellbeing of its beneficiaries by providing them with essential insurance coverage.

The IBEW Local No 236 Health and Benefit Fund offers a comprehensive range of insurance plans. These include life insurance, accidental death and dismemberment insurance, temporary and permanent disability insurance, as well as health and dental benefits. Furthermore, the fund provides prescription drug coverage and additional services. By offering these benefits, the organization aims to provide its members with peace of mind and financial security.

In simple terms, Ibew Local No 236 Health and Benefit Fund acts as a safety net for union members. It shields them from the potential financial burdens of unexpected health issues or accidents. By investing in the wellbeing of its members, the fund strengthens the union community and enables its members to focus on their professional and personal growth.

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Impact




October, 2024

The IBEW Local No 236 Health and Benefit Fund significantly impacts the well-being of union members and their families by offering a comprehensive range of health care benefits. This fund provides essential coverage, including life insurance, accidental death and dismemberment insurance, temporary and permanent disability insurance, as well as health and dental benefits. Furthermore, it ensures access to prescription drug coverage, which is crucial for managing health conditions and maintaining overall wellness.

Located in Schenectady, NY, the fund plays a vital role in supporting union members during times of need, providing financial protection that helps alleviate the stress associated with medical expenses. By offering these benefits, the IBEW Local No 236 Health and Benefit Fund promotes a healthier workforce, enhances job satisfaction, and fosters a sense of security and community among union members and their dependents. The availability of such resources is instrumental in improving quality of life and supporting the long-term health of individuals and families within the union.




This information is meant to be a general summary of Ibew Local No 236 Health And Benefit Fu. 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
$32,095,781 (2022)
Expenses
$25,318,800 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,728,251
  • Program Service Revenue: $25,367,530
  • Gross Receipts: $44,352,501

Assets and Liabilities:

  • Total Assets: $111,969,761
  • Total Liabilities: $1,774,244
  • Net Assets: $110,195,517

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Programs

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

CONTRIBUTIONS

Revenue

$25,367,530

Organization Details

Founding Year

1960

Principal Officer

Michael Mastropietro

Main Address

3000 TROY SCHENECTADY ROAD, SCHENECTADY, NY, 12309

NTEE Category

Code: Y40 - Mutual benefit

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