Ibew Local 269 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: 223693537 ✦ West trenton, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local 269 Welfare Fund C/O I E Shaffer & Co?

Ibew Local 269 Welfare Fund CO I E Shaffer & Co is a nonprofit organization based in West Trenton, New Jersey, with the address 830 Bear Tavern Road. Their primary mission is to provide group health benefits for eligible participants. The organization's purpose is centered around ensuring the health and well-being of those it serves. By offering group health benefits, they aim to improve the overall quality of life for their participants. This essential service gives them access to vital healthcare resources and support.

Is Ibew Local 269 Welfare Fund C/O I E Shaffer & Co legitimate?

Ibew Local 269 Welfare Fund C/O I E Shaffer & Co is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 269 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 269 Welfare Fund C/O I E Shaffer & Co?

Ibew Local 269 Welfare Fund CO I E Shaffer & Co is dedicated to extending group health benefits to eligible participants. The organization's primary objective is to ensure access to essential healthcare services for its members. By offering group health benefits, the fund aims to improve overall wellbeing and promote better health outcomes. The provision of these benefits fosters peace of mind and financial security for the individuals and families relying on the fund. With a focus on community care, the welfare fund's mission aligns with the goal of enhancing the quality of life for its participants.

Who is the CEO of Ibew Local 269 Welfare Fund C/O I E Shaffer & Co?

Stephen Aldrich is the Trustee of Ibew Local 269 Welfare Fund C/O I E Shaffer & Co.

What is the revenue of Ibew Local 269 Welfare Fund C/O I E Shaffer & Co?

Ibew Local 269 Welfare Fund C/O I E Shaffer & Co's revenue in 2022 was $25,145,719.

Who are the executives of Ibew Local 269 Welfare Fund C/O I E Shaffer & Co and what are their salaries?


Here are 6 key members and their salaries:


Stephen Aldrich (Trustee)
  • Compensation: $0
  • Related: $250,246
  • Other: $107,099
Wayne Deangelo (Trustee)
  • Compensation: $0
  • Related: $221,372
  • Other: $97,764
Gino A Pasqualone (Trustee)
  • Compensation: $0
  • Related: $221,372
  • Other: $97,764
Michael Nielsen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Knecht Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Warr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local 269 Welfare Fund C/O I E Shaffer & Co?

Ibew Local 269 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 269 Welfare Fund C/O I E Shaffer & Co

Ibew Local 269 Welfare Fund CO I E Shaffer & Co, a nonprofit organization, is dedicated to providing group health benefits for eligible participants. In simple terms, this charity focuses on ensuring access to essential health services for its members. By offering group health benefits, Ibew Local 269 Welfare Fund CO I E Shaffer & Co enhances the wellbeing and quality of life for those who qualify.

This philanthropic entity is committed to delivering healthcare solutions tailored to the needs of its participants. By pooling resources and leveraging economies of scale, it strives to make health benefits more accessible and affordable. The organization's mission is to bridge the gap between those who have health coverage and those who do not, ultimately contributing to a healthier community.

Ibew Local 269 Welfare Fund CO I E Shaffer & Co operates with the belief that access to healthcare is a fundamental right, not a luxury. By providing group health benefits, it not only addresses immediate health concerns but also promotes preventive care and long-term wellness. This, in turn, leads to better health outcomes, increased productivity, and overall improved quality of life for its members.

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Impact




October, 2024

The IBEW Local 269 Welfare Fund, administered by I.E. Shaffer & Co., plays a crucial role in providing group health benefits for eligible participants in West Trenton, NJ. By offering comprehensive healthcare coverage, the fund supports the well-being and financial stability of its members, enabling them to access necessary medical services without incurring overwhelming out-of-pocket expenses. This support is vital for maintaining a healthy workforce and promoting peace of mind among participants and their families.

The fund's focus on mutual benefit emphasizes community solidarity and ensures that members can rely on essential health services during times of need. By facilitating access to healthcare, it contributes to the overall productivity and morale of the workforce it serves, making a significant impact on both individual lives and the broader community.




This information is meant to be a general summary of Ibew Local 269 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
$25,145,719 (2022)
Expenses
$23,969,426 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $604,765
  • Program Service Revenue: $24,540,954
  • Gross Receipts: $25,145,719

Assets and Liabilities:

  • Total Assets: $35,068,547
  • Total Liabilities: $2,710,493
  • Net Assets: $32,358,054

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$20,985,627

COBRA AND RETIREE CONT

Revenue

$2,001,886

PRESCRIPTION DRUG REBA

Revenue

$913,840

STOP LOSS REIMBURSEMEN

Revenue

$639,601

Organization Details

Founding Year

2000

Principal Officer

Stephen Aldrich

Main Address

830 BEAR TAVERN ROAD, WEST TRENTON, NJ, 08628

NTEE Category

Code: Y43 - Mutual benefit

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