Ibew Local 98 Health & Welfare Plan Board Of

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

EIN: 232082042 ✦ Philadelphia, PA ✦ Designated as a 501(c)(9)

Overview

What is Ibew Local 98 Health & Welfare Plan Board Of?

Ibew Local 98 Health & Welfare Plan Board is a nonprofit organization dedicated to offering essential benefits to members and their dependents of International Brotherhood of Electrical Workers Local Union No. 98. Based in Philadelphia, Pennsylvania, they provide a range of benefits, including medical, hospital-surgical, life and accidental death & dismemberment, prescription, dental, vision, and disability coverage. Their mission is to ensure eligible members and their dependents have access to comprehensive healthcare services, enhancing their overall wellbeing and quality of life.


Is Ibew Local 98 Health & Welfare Plan Board Of legitimate?

Ibew Local 98 Health & Welfare Plan Board Of is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local 98 Health & Welfare Plan Board Of 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 98 Health & Welfare Plan Board Of?
Who is the CEO of Ibew Local 98 Health & Welfare Plan Board Of?
What is the revenue of Ibew Local 98 Health & Welfare Plan Board Of?
Who are the executives of Ibew Local 98 Health & Welfare Plan Board Of and what are their salaries?
Where can I find the form 990 for Ibew Local 98 Health & Welfare Plan Board Of?

Mission Statement of Ibew Local 98 Health & Welfare Plan Board Of

Ibew Local 98 Health & Welfare Plan Board of is a dedicated organization that offers essential benefits to eligible members and their dependents affiliated with International Brotherhood of Electrical Workers Local Union No. 98. In simple terms, the Board functions as a health and welfare provider, ensuring access to various medical, surgical, hospitalization, dental, vision, prescription drug, life insurance, accidental death and dismemberment, and weekly disability benefits.

The mission of Ibew Local 98 Health & Welfare Plan Board of is multifaceted. It focuses on providing comprehensive health solutions to its members, safeguarding their well-being and ensuring peace of mind. The organization's benevolent initiatives extend to cover a myriad of medical, surgical, and life-altering situations. By offering a wide range of benefits, Ibew Local 98 Health & Welfare Plan Board of fosters a sense of security and confidence among its members and their families.

In essence, Ibew Local 98 Health & Welfare Plan Board of plays a pivotal role in promoting the overall health and wellness of its members. It serves as a safety net, absorbing the financial burden of medical expenses and offering financial support in times of need. By doing so, the organization empowers its members to focus on their recovery and well-being, rather than worrying about the financial repercussions of their medical circumstances.

Impact

This information is meant to be a general summary of Ibew Local 98 Health & Welfare Plan Board Of. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of Ibew Local 98 Health & Welfare Plan Board Of is significant as it provides essential hospitalization, surgical, medical, dental, vision, prescription drug, death, accidental death and dismemberment, and weekly disability benefits to eligible members and their dependents of International Brotherhood of Electrical Workers Local Union No. 98. By offering these comprehensive benefits, the organization plays a crucial role in supporting the well-being and health security of its members and their families, ensuring they have access to necessary healthcare services and financial protection in times of need. This contributes to the overall stability and quality of life for the individuals covered by the plan, fostering a sense of community and mutual support within the union.





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: $3,913,365
  • Program Service Revenue: $85,948,273
  • Gross Receipts: $104,976,912

    • Assets and Liabilities:
  • Total Assets: $175,549,774
  • Total Liabilities: $1,625,511
  • Net Assets: $173,924,263
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $81,406,048

    RETIREE AND COBRA CONTRIBUTIONS

    Revenue

    $4,542,225

    Organization Details

    Founding Year

    1953

    Principal Officer

    James Foy

    Main Address

    1719 SPRING GARDEN STREET, PHILADELPHIA, PA, 191303915

    NTEE Category

    Code: Y40 - Mutual benefit

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