Overview
What is International Brotherhood Of Electrical Wkers 508?
The International Brotherhood of Electrical Workers 508, identified in this data, is a nonprofit organization that prioritizes offering health insurance benefits to eligible participants. They manage programs with administrative fees for Blue Cross Blue Shield and life insurance premiums. Their primary objective is to ensure access to healthcare coverage for those who qualify, thereby enhancing their overall well-being.
Is International Brotherhood Of Electrical Wkers 508 legitimate?
International Brotherhood Of Electrical Wkers 508 is a legitimate nonprofit organization registered as a 501(c)(9) entity. International Brotherhood Of Electrical Wkers 508 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
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What is the mission statement of International Brotherhood Of Electrical Wkers 508?
The International Brotherhood of Electrical Workers 508, in its mission, focuses on providing health insurance benefits to eligible participants. This is achieved through various programs that cover administrative fees for Blue Cross Blue Shield and life insurance premiums. The organization's goal is to ensure that eligible individuals have access to necessary health insurance coverage. The programs offered by IBEW 508 aim to contribute positively to the health and well-being of its participants.
What is the revenue of International Brotherhood Of Electrical Wkers 508?
International Brotherhood Of Electrical Wkers 508's revenue in 2024 was $6,466,846.
Who are the executives of International Brotherhood Of Electrical Wkers 508 and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $103,893
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $78,497
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for International Brotherhood Of Electrical Wkers 508?
International Brotherhood Of Electrical Wkers 508's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of International Brotherhood Of Electrical Wkers 508
The International Brotherhood of Electrical Workers 508, in its mission, focuses on providing health insurance benefits to eligible participants. This nonprofit organization implements programs that cover administrative fees for Blue Cross Blue Shield and life insurance premiums, ensuring that eligible individuals have access to necessary medical coverage. Through these initiatives, the International Brotherhood of Electrical Workers 508 contributes to the overall well-being and health security of its participants.
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Impact
October, 2024
The International Brotherhood of Electrical Workers (IBEW) 508 plays a crucial role in enhancing the well-being of its members and their families by providing essential health insurance benefits. Through its programs, IBEW 508 ensures that eligible participants have access to health care resources, which can significantly alleviate the financial burdens associated with medical expenses.
By covering administrative fees for Blue Cross/Blue Shield and life insurance premiums, the organization offers a safety net that fosters peace of mind for its members. This support extends beyond just financial assistance; it promotes a sense of security among workers in the electrical industry, allowing them to focus on their careers without the constant worry of health-related costs.
In Atlanta, Georgia, IBEW 508's commitment to mutual benefit exemplifies its impact on the community. By prioritizing the health and welfare of its members, the organization strengthens the workforce, promotes job satisfaction, and contributes to a more stable and productive labor environment. Ultimately, IBEW 508's efforts not only benefit individual participants but also enhance the overall quality of life for families and the broader community.
This information is meant to be a general summary of International Brotherhood Of Electrical Wkers 508. 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 2024.
- Investment Income: $335,805
- Program Service Revenue: $6,131,041
- Gross Receipts: $6,466,846
Assets and Liabilities:
- Total Assets: $11,757,519
- Total Liabilities: $63,845
- Net Assets: $11,693,674
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$6,104,135
EMPLOYEE CONTRIBUTIONS
Revenue
$24,614
OTHER INCOME
Revenue
$2,292
Organization Details
Founding Year
1969
Principal Officer
Alton Mosley
NTEE Category
Code: Y40 - Mutual benefit
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