Ibew Local 665 Supplemental Supplemental Unemployment Benefit

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

EIN: 141997844 ✦ Madison heights, MI ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local 665 Supplemental Supplemental Unemployment Benefit?

Ibew Local 665 Supplemental Supplemental Unemployment Benefit is a charitable fund situated in Madison Heights, Michigan. Its primary objective is to provide financial assistance to eligible recipients, alleviating economic hardship triggered by employment disruptions. The fund's purpose is to offer benefits, serving as a safety net for individuals during challenging times.

Is Ibew Local 665 Supplemental Supplemental Unemployment Benefit legitimate?

Ibew Local 665 Supplemental Supplemental Unemployment Benefit is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 665 Supplemental Supplemental Unemployment Benefit 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 665 Supplemental Supplemental Unemployment Benefit?

The Ibew Local 665 Supplemental Supplemental Unemployment Benefit fund is established with the primary objective of providing financial assistance to eligible participants who are experiencing economic hardship due to disruptions in employment. Its mission is to alleviate the financial strain during such challenging times, thereby offering a degree of financial stability and support. This benefit fund does not aim to replace regular employment or unemployment benefits, but rather serves as an additional resource to help individuals navigate through periods of unemployment-related financial difficulties.

Who is the CEO of Ibew Local 665 Supplemental Supplemental Unemployment Benefit?

Same As C Above is the Principal Officer of Ibew Local 665 Supplemental Supplemental Unemployment Benefit.

What is the revenue of Ibew Local 665 Supplemental Supplemental Unemployment Benefit?

Ibew Local 665 Supplemental Supplemental Unemployment Benefit's revenue in 2022 was $830,638.

Who are the executives of Ibew Local 665 Supplemental Supplemental Unemployment Benefit and what are their salaries?


Here are 4 key members and their salaries:


Aaron Pangborn (Secretary)
  • Compensation: $0
  • Related: $116,795
  • Other: $33,965
Bryan Benton (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Hollandsworth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Nowland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local 665 Supplemental Supplemental Unemployment Benefit?

Ibew Local 665 Supplemental Supplemental Unemployment Benefit's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 665 Supplemental Supplemental Unemployment Benefit

Ibew Local 665 Supplemental Supplemental Unemployment Benefit is an initiative that aims to alleviate economic hardships experienced by eligible participants due to disruptions in employment. Its primary mission is to provide financial assistance, serving as a safety net during challenging times. By offering benefits, Ibew Local 665 Supplemental Supplemental Unemployment Benefit seeks to support individuals in maintaining their financial stability and wellbeing during employment-related difficulties.

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Impact




October, 2024

The Ibew Local 665 Supplemental Supplemental Unemployment Benefit provides essential financial support to eligible participants facing economic hardship due to employment disruptions. By easing the financial strain during periods of unemployment, the fund helps individuals maintain financial stability, cover essential expenses, and potentially reduce the risk of long-term financial distress. This support can be particularly impactful in industries subject to seasonal fluctuations or economic downturns, assisting workers in transitioning back to stable employment more smoothly. Overall, the fund plays a critical role in safeguarding the economic well-being of its members in Madison Heights, MI, and promoting resilience within the community.




This information is meant to be a general summary of Ibew Local 665 Supplemental Supplemental Unemployment Benefit. 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
$830,638 (2022)
201120122013201420152016201720182019202020212022$0$250k$500k$750k$1M
Expenses
$1,014,885 (2022)
201120122013201420152016201720182019202020212022$0$300k$600k$900k$1.2M
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $17,682
  • Program Service Revenue: $812,956
  • Gross Receipts: $830,638

Assets and Liabilities:

  • Total Assets: $2,943,633
  • Total Liabilities: $55,487
  • Net Assets: $2,888,146

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$812,956

Organization Details

Founding Year

2007

Principal Officer

Same As C Above

Main Address

1423 E 12 MILE RD, MADISON HEIGHTS, MI, 48071

NTEE Category

Code: Y24 - Mutual benefit

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