Overview
What is Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund?
The Cedar Rapids Electrical Workers Local #405 Health and Welfare Fund is a nonprofit organization based in Cedar Rapids, Iowa. With a mission to provide health and welfare benefits, it receives contributions from both employers and employees. These contributions support 868 participants and their dependents, ensuring they have access to essential health and welfare services. The fund's commitment extends beyond just financial assistance, as it aims to promote overall wellbeing and security for its members.
Is Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund legitimate?
Cedar Rapids Electrical Workers Local #405 Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cedar Rapids Electrical Workers Local #405 Health And 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
What is the mission statement of Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund?
The Cedar Rapids Electrical Workers Local #405 Health and Welfare Fund serves to provide health and welfare benefits to its participants and their dependents. Through employer and employee contributions, the welfare fund ensures access to essential benefits for its 868 members and their families. The fund's primary goal is to enhance the overall well-being and quality of life for those it serves. Its activities focus on securing comprehensive health coverage, addressing various welfare needs, and fostering a supportive community for its members.
Who is the CEO of Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund?
Junior Luensman is the Chairperson of Cedar Rapids Electrical Workers Local #405 Health And Welfare Fund.
What is the revenue of Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund?
Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund's revenue in 2022 was $13,265,769.
Who are the executives of Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund and what are their salaries?
There 7 volunteers at Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $110,114
- Other: $41,100
- Compensation: $0
- Related: $2,222
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund?
Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund
Cedar Rapids Electrical Workers Local #405 Health and Welfare Fund is a mission-driven organization that focuses on providing health and welfare benefits to its participants and their dependents. Through employer and employee contributions, this welfare fund ensures the well-being of 868 individuals. In essence, the Fund serves as a safety net, offering essential services and support to enhance the quality of life for the beneficiaries.
The Cedar Rapids Electrical Workers Local #405 Health and Welfare Fund is dedicated to making a positive difference in people's lives. By pooling resources from both employers and employees, the organization is able to extend a broad range of benefits that cater to the diverse needs of its members. These benefits extend beyond just healthcare, encompassing various aspects of well-being, ensuring that the recipients can live their lives to the fullest.
With the primary goal of ensuring the well-being of its participants, the Cedar Rapids Electrical Workers Local #405 Health and Welfare Fund is a beacon of hope and security for those it serves. By utilizing collective contributions, the Fund is able to provide a comprehensive suite of benefits that not only addresses the physical health needs of its members but also addresses their emotional, social, and financial well-being. This holistic approach is a testament to the organization's commitment to improving the lives of its beneficiaries.
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Impact
October, 2024
Cedar Rapids Electrical Workers Local 405 Health and Welfare Fund significantly enhances the well-being of its participants and their families by providing essential health and welfare benefits. Utilizing contributions from both employers and employees, the fund supports a total of 868 participants and their dependents, ensuring they have access to critical health services. This initiative fosters a healthier workforce and contributes to the overall stability of the community in Cedar Rapids, IA. By focusing on mutual benefit, the fund not only safeguards the health of individuals but also strengthens the bonds within the local electrical workers' community.
This information is meant to be a general summary of Cedar Rapids Electrical Workers Local 405 Health And 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,048,100
- Program Service Revenue: $12,217,669
- Gross Receipts: $21,879,341
Assets and Liabilities:
- Total Assets: $19,523,124
- Total Liabilities: $319,679
- Net Assets: $19,203,445
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$11,946,304
PARTICIPANTS
Revenue
$271,365
Organization Details
Founding Year
1970
Phone
(319) 398-3283Principal Officer
Junior Luensman
Main Address
424 1ST AVENUE NE, CEDAR RAPIDS, IA, 52401
NTEE Category
Code: Y40 - Mutual benefit
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