Overview
What is International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund?
The International Brotherhood of Electrical Workers Local 325 Joint Trust Fund is a nonprofit organization that focuses on providing health and welfare benefits to its members. This is accomplished through a self-insured health and welfare fund, offering group medical and dental coverage, as well as death benefits. Their mission is to ensure the wellbeing of Local 325 members, providing essential support during challenging times.
Is International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund legitimate?
International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Brotherhood Of Electrical Workers Local 325 Joint Trust 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: $5,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,007
For more financial information, click here
What is the mission statement of International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund?
The International Brotherhood of Electrical Workers Local 325 Joint Trust Fund is committed to providing health and welfare benefits for its members. This is achieved through a self-insured fund, which offers a range of benefits such as group medical and dental coverage, as well as death benefits. The mission of this fund is to ensure the well-being of its members, providing them with essential health services and support. By doing so, the fund aims to enhance the quality of life for its members and their families, offering them peace of mind in regards to their health needs.
Who is the CEO of International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund?
Kelvin Herrala is the Trustee of International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund.
What is the revenue of International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund?
International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund's revenue in 2022 was $8,433,983.
Who are the executives of International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund and what are their salaries?
The average compensation at International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund during 2022 was $6,540. There are 13 employees at International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund.
Here are 6 key members and their salaries:
- Compensation: $992
- Related: $0
- Other: $667
- Compensation: $0
- Related: $89,255
- Other: $56,957
- Compensation: $2,016
- Related: $0
- Other: $1,335
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund?
International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund
The International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund is committed to providing health and welfare benefits for its members. Acting as a self-insured fund, this organization serves the needs of its members by offering a range of benefits. At the heart of its mission, the fund provides group medical and dental coverage, ensuring the wellbeing of its members in these crucial areas. Furthermore, the Joint Trust Fund extends its care to include death benefits, offering a sense of security and support in times of grief. This nonprofit organization is dedicated to enhancing the lives of its members by providing essential health and welfare benefits.
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Impact
October, 2024
The International Brotherhood Of Electrical Workers Local 325 Joint Trust Fund significantly impacts its members by providing essential health and welfare benefits. As a self-insured health and welfare fund, it offers comprehensive programs that include group medical and dental benefits, ensuring that members have access to quality healthcare services. Additionally, the fund provides death benefits, offering financial support to families in times of loss.
Located in Binghamton, NY, this initiative enhances the overall well-being of Local 325 members, creating a safety net that promotes not only their physical health but also financial security. By addressing crucial health needs and offering support during challenging times, the Trust Fund plays a vital role in fostering a sense of community and mutual benefit among its members.
This information is meant to be a general summary of International Brotherhood Of Electrical Workers Local 325 Joint Trust 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: $3,253,722
- Program Service Revenue: $5,126,266
- Gross Receipts: $41,879,640
Assets and Liabilities:
- Total Assets: $27,414,803
- Total Liabilities: $108,895
- Net Assets: $27,305,908
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTOR PAYMENTS
Revenue
$4,874,574
SELF PAID AND RETIREES
Revenue
$251,692
Organization Details
Founding Year
1961
Phone
(607) 797-1919Principal Officer
Kelvin Herrala
Main Address
142 CORPORATE DRIVE, BINGHAMTON, NY, 13904
NTEE Category
Code: Y40 - Mutual benefit
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