Ibew No 271 Neca Health & Benefit Fund

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

EIN: 200520351 ✦ Wichita, KS ✦ Designated as a 501(c)(9)

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Overview

What is Ibew No 271 Neca Health & Benefit Fund?

Ibew No 271 Neca Health & Benefit Fund is a nonprofit organization situated in Wichita, Kansas, with a focus on providing comprehensive benefits to its members. This includes health, dental, welfare, accident, disability, and life insurance. With a team of 18 dedicated individuals, this organization serves the needs of the International Brotherhood of Electrical Workers Local 271, offering essential protections and support to its members.

Is Ibew No 271 Neca Health & Benefit Fund legitimate?

Ibew No 271 Neca Health & Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew No 271 Neca Health & Benefit 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Ibew No 271 Neca Health & Benefit Fund?

The Ibew No 271 Neca Health & Benefit Fund is committed to providing health, dental, welfare, accident, and life insurance benefits for its members who are part of the International Brotherhood of Electrical Workers Local 271. The fund's mission is to safeguard the well-being of these individuals, ensuring they have access to essential insurance coverage during various life circumstances. It serves as a vital resource, providing protection against unforeseen accidents, medical expenses, and other uncertainties, thereby enhancing the overall financial security of its members.

Who is the CEO of Ibew No 271 Neca Health & Benefit Fund?

Russell Kennedy is the Secretary of Ibew No 271 Neca Health & Benefit Fund.

What is the revenue of Ibew No 271 Neca Health & Benefit Fund?

Ibew No 271 Neca Health & Benefit Fund's revenue in 2022 was $10,605,127.

Who are the executives of Ibew No 271 Neca Health & Benefit Fund and what are their salaries?

There are 18 employees at Ibew No 271 Neca Health & Benefit Fund.


Here are 6 key members and their salaries:


Dylan Woodard (Secretary)
  • Compensation: $0
  • Related: $117,318
  • Other: $48,333
Russell Kennedy (Chairman)
  • Compensation: $0
  • Related: $111,384
  • Other: $47,303
Richard Powell (Trustee)
  • Compensation: $0
  • Related: $91,833
  • Other: $39,640
Jarret Bergkamp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Warkentine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Zoglmann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew No 271 Neca Health & Benefit Fund?

Ibew No 271 Neca Health & Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew No 271 Neca Health & Benefit Fund

Ibew No 271 Neca Health & Benefit Fund is committed to providing a comprehensive range of benefits to its members, who are part of the International Brotherhood of Electrical Workers Local 271. The organization's mission is centered around offering health, dental, welfare, accident, and life insurance benefits to these individuals. By doing so, Ibew No 271 Neca Health & Benefit Fund aims to support the well-being and security of its members, ensuring they have access to essential medical, dental, and financial assistance when needed. The fund's offerings include various types of benefits, such as health coverage, welfare provisions, accident protection, dental care, disability support, and life insurance, all tailored to meet the diverse needs of its member base.

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Impact




October, 2024

The IBEW No 271 NECA Health & Benefit Fund plays a crucial role in enhancing the well-being and security of its members, who are part of the International Brotherhood of Electrical Workers Local 271. By providing health, dental, welfare, accident, and life insurance benefits, the fund ensures that members have access to essential healthcare services and financial protections. This not only supports the physical health of individual members and their families but also contributes to overall workplace morale and productivity.

In times of illness, injury, or unforeseen circumstances, access to comprehensive insurance benefits offers peace of mind, allowing members to focus on their recovery rather than financial burdens. Additionally, by promoting a culture of health and wellness, the fund positively impacts the local community in Wichita, KS, fostering a more resilient and engaged workforce.

Through these services, the IBEW No 271 NECA Health & Benefit Fund reinforces the mutual benefit aspect of union membership, ensuring that members can rely on vital support systems that aid in their professional and personal lives. Such initiatives not only strengthen the bond within the union but also create a more stable environment for electrical workers in the region.




This information is meant to be a general summary of Ibew No 271 Neca Health & Benefit 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.

Revenue
$10,605,127 (2022)
Expenses
$9,590,316 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $404,152
  • Program Service Revenue: $10,200,975
  • Gross Receipts: $13,882,041

Assets and Liabilities:

  • Total Assets: $18,061,076
  • Total Liabilities: $63,388
  • Net Assets: $17,997,688

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$9,979,725

SELF CONTRIBUTIONS

Revenue

$221,250

Organization Details

Founding Year

2004

Principal Officer

Russell Kennedy

Main Address

1040 S BROADWAY, WICHITA, KS, 67211

NTEE Category

Code: Y43 - Mutual benefit

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