Overview
What is Ibew Local 98 Sound And Communication Workers Health And Welfare Plan?
Ibew Local 98 Sound and Communication Workers Health and Welfare Plan is a nonprofit organization, specifically a fund, located at 1719 Spring Garden Street, Philadelphia, PA 19130. Its primary goal is to provide essential health benefits to eligible members of IBEW Local Union 98. This includes covering health insurance premiums, life insurance, accidental death and dismemberment, vision, dental, prescription drug, and health benefit claim payments. With a workforce of 25 individuals, this fund plays a crucial role in supporting the health and well-being of its union members.
Is Ibew Local 98 Sound And Communication Workers Health And Welfare Plan legitimate?
Ibew Local # 98 Sound And Communication Workers Health And Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(8) entity. Ibew Local # 98 Sound And Communication Workers Health And Welfare Plan 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 98 Sound And Communication Workers Health And Welfare Plan?
The Ibew Local 98 Sound and Communication Workers Health and Welfare Plan is dedicated to providing various health-related benefits to eligible members of IBEW Local Union 98. This includes covering health insurance premiums, life, accidental death and dismemberment (AD&D), vision, dental, prescription drug, and health benefit claim payments. The primary goal of this plan is to ensure the well-being and health coverage of its members, offering them essential benefits and claim payments when needed.
Who is the CEO of Ibew Local 98 Sound And Communication Workers Health And Welfare Plan?
James Foy is the Union Trustee of Ibew Local # 98 Sound And Communication Workers Health And Welfare Plan.
What is the revenue of Ibew Local 98 Sound And Communication Workers Health And Welfare Plan?
Ibew Local 98 Sound And Communication Workers Health And Welfare Plan's revenue in 2022 was $10,859,369.
Who are the executives of Ibew Local 98 Sound And Communication Workers Health And Welfare Plan and what are their salaries?
There are 25 employees at Ibew Local 98 Sound And Communication Workers Health And Welfare Plan.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $217,908
- Other: $123,755
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ibew Local 98 Sound And Communication Workers Health And Welfare Plan?
Ibew Local 98 Sound And Communication Workers Health And Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ibew Local 98 Sound And Communication Workers Health And Welfare Plan
Ibew Local 98 Sound And Communication Workers Health And Welfare Plan is a fund dedicated to supporting eligible members of IBEW Local Union 98. Its primary mission is to provide various health-related benefits, including health insurance premiums, life, accidental death and dismemberment (AD&D), vision, dental, prescription drug, and health benefit claim payments. This nonprofit organization plays a crucial role in ensuring the well-being of its members by offering these essential services. By doing so, Ibew Local 98 Sound And Communication Workers Health And Welfare Plan contributes to the overall health and welfare of its affiliated union members.
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Impact
October, 2024
The IBEW Local 98 Sound and Communication Workers Health and Welfare Plan significantly impacts the health and well-being of its members by providing comprehensive health insurance coverage. This includes premiums for various health plans, as well as life insurance, accidental death and dismemberment (AD&D) coverage, vision and dental benefits, and prescription drug assistance. By covering these essential health benefits, the plan ensures that eligible members can access necessary medical care, which not only enhances their overall quality of life but also contributes to their financial security. This support enables members to focus on their employment and professional growth within the electrical and sound communication sectors, ultimately fostering a healthier workforce in Philadelphia and the surrounding areas.
This information is meant to be a general summary of Ibew Local 98 Sound And Communication Workers Health And Welfare Plan. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $846,342
- Program Service Revenue: $10,013,027
- Gross Receipts: $22,547,895
Assets and Liabilities:
- Total Assets: $34,847,077
- Total Liabilities: $82,131
- Net Assets: $34,764,946
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$9,991,635
COBRA CONTRIBUTIONS
Revenue
$21,392
Organization Details
Founding Year
1998
Phone
(215) 599-6436Principal Officer
James Foy
Main Address
1719 SPRING GARDEN STREET, PHILADELPHIA, PA, 19130
NTEE Category
Code: J40 - Employment
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