Ibew Local Union 375 Electricians Welfare Fund

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

EIN: 236424575 ✦ Allentown, PA ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local Union 375 Electricians Welfare Fund?

The IBEW Local Union 375 Electricians Welfare Fund is a nonprofit organization based in Allentown, Pennsylvania, with a mission to extend health benefits to its members. Through a comprehensive range of plans, they offer coverage for life, vision, accidental death, disability, dental, hospitalization, and medical needs. Their commitment is to ensuring the well-being of their members by providing essential and related benefits.


Official website here: www.ibew375.org

What are the reviews and ratings of this charity?

IBEW Local Union 375 Electricians Welfare Fund is not currently rated by Charity Navigator. This absence of a rating simply indicates that the organization has not been evaluated rather than revealing any positive or negative judgments. The nonprofit is not eligible for a Charity Navigator rating as it is not a 501(c)(3) registered entity, thus excluding it from the standard evaluation framework used by Charity Navigator.

Information such as total revenue, expenses, and salaries for key persons is not available, which limits comprehensive assessment of the organization's financial accountability and transparency. Despite being an independent entity, the lack of disclosure in these areas means that potential stakeholders do not have standardized data to review the organization's financial health or use of resources comprehensively.

Since there are no user reviews found on GreatNonprofits, we are unable to provide public sentiment or specific feedback related to experiences with the IBEW Local Union 375 Electricians Welfare Fund. Therefore, potential donors or interested parties might find it more challenging to evaluate the nonprofit's community impact or effectiveness based on available data alone.


This AI summary has been generated from information found on Charity Navigator.

Is Ibew Local Union 375 Electricians Welfare Fund legitimate?

Ibew Local Union 375 Electricians Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local Union 375 Electricians Welfare 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


Official website here: www.ibew375.org

What is the mission statement of Ibew Local Union 375 Electricians Welfare Fund?

The IBEW Local Union 375 Electricians Welfare Fund focuses on delivering health benefits to its membership. Through various plans, the organization provides coverage for life, vision, accidental death, disability, dental, hospitalization, and medical needs. The fund's commitment lies in ensuring the well-being of its members.


Official website here: www.ibew375.org

Who is the CEO of Ibew Local Union 375 Electricians Welfare Fund?

Paul Anthony is the Union Trustee of Ibew Local Union 375 Electricians Welfare Fund.


Official website here: www.ibew375.org

What is the revenue of Ibew Local Union 375 Electricians Welfare Fund?

Ibew Local Union 375 Electricians Welfare Fund's revenue in 2022 was $14,102,790.


Official website here: www.ibew375.org

Who are the executives of Ibew Local Union 375 Electricians Welfare Fund and what are their salaries?

There are 16 employees at Ibew Local Union 375 Electricians Welfare Fund.


Here are 6 key members and their salaries:


Paul Anthony (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Rex (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Falenwolfe (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Alabovitz (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Maggitti (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meagan Beck (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibew375.org

Where can I find the form 990 for Ibew Local Union 375 Electricians Welfare Fund?

Ibew Local Union 375 Electricians Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibew375.org

Learn more at the official website: www.ibew375.org

Mission Statement of Ibew Local Union 375 Electricians Welfare Fund

The IBEW Local Union 375 Electricians Welfare Fund is a charitable organization committed to enhancing the health and well-being of its members. This valued institution offers an extensive selection of health benefits plans, ensuring its members have access to comprehensive coverage for various aspects of their health.

In more detail, the IBEW Local Union 375 Electricians Welfare Fund provides members with plans for life, vision, accidental death, disability, dental, hospitalization, medical, and other essential healthcare services. This wide array of offerings equips members with the protection they need, empowering them to face health challenges with confidence.

The IBEW Local Union 375 Electricians Welfare Fund stands as a vital resource for its members, dedicated to improving their overall health and quality of life. By offering a diverse range of health benefits plans, the organization provides peace of mind and financial security to those it serves.

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Impact




October, 2024

The IBEW Local Union 375 Electricians Welfare Fund significantly impacts its members by providing comprehensive health benefits that enhance their quality of life. By offering a diverse range of plans—including life, vision, accidental death, disability, dental, and medical care—the fund ensures that electricians have access to critical healthcare services and financial protection.

Located in Allentown, Pennsylvania, the fund caters specifically to the needs of union members, reinforcing their well-being and security both on and off the job. This robust support system not only fosters a healthier workforce but also promotes peace of mind, allowing members to focus on their work without the added stress of healthcare uncertainties. The Welfare Fund ultimately strengthens the community by contributing to the overall welfare and stability of its members and their families.




This information is meant to be a general summary of Ibew Local Union 375 Electricians Welfare 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
$14,102,790 (2022)
Expenses
$11,222,558 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31,744
  • Program Service Revenue: $14,060,077
  • Gross Receipts: $15,302,550

Assets and Liabilities:

  • Total Assets: $13,653,431
  • Total Liabilities: $282,834
  • Net Assets: $13,370,597

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Programs

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

EMPLOYER AND RECIPROCAL CONTRIBUT

Revenue

$13,597,656

SELF PAY AND COBRA ASSISTANCE CON

Revenue

$462,421

Organization Details

Founding Year

1962

Principal Officer

Paul Anthony

Main Address

101 S 7TH STREET, ALLENTOWN, PA, 18101

NTEE Category

Code: Y40 - Mutual benefit

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