Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co

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

EIN: 200500732 ✦ West trenton, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co?

Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co is a charitable organization located at 830 Bear Tavern Road, West Trenton, New Jersey. Their primary mission is to extend supplemental group health benefits to eligible participants. This nonprofit organization operates under the guidance of I E Shaffer & Co and serves its beneficiaries by offering additional health coverage.

Is Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co legitimate?

Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co 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 456 Supplemental Welfare Fund C/O I E Shaffer & Co?

The mission of Ibew Local 456 Supplemental Welfare Fund, managed by I E Shaffer & Co, is centered around providing supplemental group health benefits to eligible participants. This organization is committed to enhancing the health and well-being of its beneficiaries by offering additional coverage beyond what may be provided through primary health insurance plans. By offering these supplemental benefits, the fund aims to alleviate some of the financial burdens associated with healthcare expenses, thereby improving the overall health and quality of life for its participants.

Who is the CEO of Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co?

Michael G Mclaughlin is the Trustee of Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co.

What is the revenue of Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co?

Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co's revenue in 2022 was $5,944,533.

Who are the executives of Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co and what are their salaries?


Here are 7 key members and their salaries:


Francis T Leake (Trustee)
  • Compensation: $0
  • Related: $64,242
  • Other: $33,463
Michael G Mclaughlin (Trustee)
  • Compensation: $0
  • Related: $229,890
  • Other: $131,470
Kevin P Egan (Trustee)
  • Compensation: $0
  • Related: $222,452
  • Other: $131,470
Harry C Alexander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrance Craig (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery Shaute (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis F Cronin (Trustee)
  • Compensation: $0
  • Related: $2,789
  • Other: $0
Where can I find the form 990 for Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co?

Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co

Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co is dedicated to providing supplemental group health benefits to eligible participants. In essence, this nonprofit organization aims to enhance the healthcare coverage of its eligible members by offering additional benefits beyond what they might receive through regular insurance plans. This mission is crucial in ensuring that individuals have access to comprehensive healthcare services, thereby promoting overall well-being and quality of life. By providing supplemental group health benefits, Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co plays a significant role in supporting the healthcare needs of its participants, helping them navigate the complex healthcare landscape more effectively.

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Impact




October, 2024

Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co plays a significant role in enhancing the health and well-being of eligible participants by providing supplemental group health benefits. This initiative is crucial for individuals who may require additional support beyond standard healthcare coverage, offering them financial assistance and access to necessary medical services.

Located in West Trenton, NJ, the fund's mission is centered around ensuring that participants receive comprehensive health benefits that address various health needs. By supplying supplemental coverage, the fund helps alleviate the financial burden of medical expenses, allowing participants to focus on their health without the constant worry of potential costs.

The impact of this fund extends to the overall community, as healthier individuals contribute to a more vibrant and productive workforce. By prioritizing health and wellness, Ibew Local 456 Supplemental Welfare Fund fosters mutual benefit, supporting not only individual participants but also their families and the broader community.




This information is meant to be a general summary of Ibew Local 456 Supplemental Welfare Fund C/O I E Shaffer & Co. 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
$5,944,533 (2022)
Expenses
$8,665,026 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $101,682
  • Program Service Revenue: $5,842,851
  • Gross Receipts: $9,301,376

Assets and Liabilities:

  • Total Assets: $4,622,350
  • Total Liabilities: $909,167
  • Net Assets: $3,713,183

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$5,842,851

Organization Details

Founding Year

2000

Principal Officer

Michael G Mclaughlin

Main Address

830 BEAR TAVERN ROAD, WEST TRENTON, NJ, 08628

NTEE Category

Code: Y43 - Mutual benefit

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