Ibew Local 1249 Insurance Fund

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

EIN: 156025162 ✦ Cicero, NY ✦ Designated as a 501(c)(9)

Overview

What is Ibew Local 1249 Insurance Fund?

Ibew Local 1249 Insurance Fund is a nonprofit organization based in Cicero, New York, with the address 8531 Brewerton Road 2. The primary mission of this organization is to provide insurance coverage to its participants. The insurance plan includes various benefits such as accidental, hospital, medical, surgical, optical, prescription, death, dental, life insurance, hardship pay, disability, education, child care, vacation, unemployment, and insurance premiums. The scope of coverage extends to numerous aspects of health and wellbeing, ensuring comprehensive protection for those enrolled in the plan.


Is Ibew Local 1249 Insurance Fund legitimate?

Ibew Local 1249 Insurance Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 1249 Insurance 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 not tax deductible.

Here 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 1249 Insurance Fund?
Who is the CEO of Ibew Local 1249 Insurance Fund?
What is the revenue of Ibew Local 1249 Insurance Fund?
Who are the executives of Ibew Local 1249 Insurance Fund and what are their salaries?
Where can I find the form 990 for Ibew Local 1249 Insurance Fund?

Mission Statement of Ibew Local 1249 Insurance Fund

Ibew Local 1249 Insurance Fund is a self-insured welfare plan dedicated to extending insurance coverage to its participants. The organization's primary mission revolves around providing a comprehensive range of insurance services to its members. This encompasses accidental, hospital, medical, surgical, optical, prescription, death, dental, life insurance, hardship pay, disability, education, child care, vacation, unemployment, and insurance premiums. In simpler terms, Ibew Local 1249 Insurance Fund works tirelessly to ensure its participants have access to essential insurance benefits. By offering such a diverse array of insurance offerings, the Fund aims to provide its members with peace of mind and financial protection against various unforeseen circumstances.

Impact

This information is meant to be a general summary of Ibew Local 1249 Insurance Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Ibew Local 1249 Insurance Fund's impact is significant in providing insurance coverage to plan participants. The fund operates as a self-insured welfare plan, offering a range of essential insurance coverage including accidental, hospital, medical, surgical, optical, prescription, death, dental, life insurance, hardship pay, disability, education, child care, vacation, unemployment, and insurance premiums to plan participants. This support plays a crucial role in ensuring the well-being and security of its members in Cicero, NY, and contributes to their peace of mind and financial stability.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $-186,900
  • Program Service Revenue: $58,747,340
  • Gross Receipts: $82,498,554

    • Assets and Liabilities:
  • Total Assets: $112,073,852
  • Total Liabilities: $3,169,971
  • Net Assets: $108,903,881
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $58,029,807

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $717,533

    Organization Details

    Founding Year

    1960

    Principal Officer

    Ryan Youngman

    Main Address

    8531 BREWERTON ROAD 2, CICERO, NY, 13039

    NTEE Category

    Code: Y40 - Mutual benefit

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