Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees

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

EIN: 237091121 ✦ Salt lake city, UT ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees?

Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees is a nonprofit organization based in Salt Lake City, Utah. Their primary mission is to provide health and welfare benefits to qualified participants and their dependents in the Central Iowa electrical industry. Established as a collectively bargained, multi-employer plan, the organization offers medical, dental, short-term disability benefits, prescriptions, and death benefits to eligible individuals. With a workforce of approximately 140 employees, they aim to improve the wellbeing and support the community within the Central Iowa electrical industry.


Official website here: www.ibew347benefits.com

What are the reviews and ratings of this charity?

The Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees is not currently rated by Charity Navigator. This absence of a rating is not necessarily indicative of the organization's performance but is due to its classification status; it is not registered as a 501(c)(3) charitable organization. Charity Navigator primarily rates 501(c)(3) nonprofits based on various factors, including Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability.

Due to its non-501(c)(3) status, several aspects such as revenue, expense, and key person salary data remain unavailable, limiting the scope of evaluation on Charity Navigator's platform. However, the organization is classified as independent and is accessible in IRS Published Data through the Business Master File. The historical data focus on accountability and finance indicators for registered nonprofits, but such data for this specific organization was not detailed.

Without reviews on the GreatNonprofits platform, there is no direct public sentiment or user feedback to analyze. As a result, stakeholders interested in this organization's activities or financial health would need to seek out other sources or directly engage with the organization for further details on its operations and community impact.


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

Is Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees legitimate?

Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees 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.ibew347benefits.com

What is the mission statement of Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees?

The Ibew Local Union 347 & Neca Chapter of Neca Board of Trustees established a collective bargain, multi-employer plan to provide essential health and welfare benefits to qualified participants and their dependants in the Central Iowa electrical industry. Their mission encompasses offering medical, dental, short-term disability coverage, prescriptions, and death benefits to those who meet the eligibility criteria. By creating this plan, they aim to ensure the wellbeing of industry personnel and their families, fostering a supportive community within the electrical sector.


Official website here: www.ibew347benefits.com

Who is the CEO of Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees?

Patrick Wells is the Trustee&Secr of Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees.


Official website here: www.ibew347benefits.com

What is the revenue of Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees?

Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees's revenue in 2022 was $36,098,437.


Official website here: www.ibew347benefits.com

Who are the executives of Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees and what are their salaries?

There are 140 employees at Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees.


Here are 11 key members and their salaries:


Angela Bowersox (Trustee&Secr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Deangelo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Dunagan (Alternate Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannan Garza (Alternate Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Irving (Alternate Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Knutson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Porepp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Warner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Wells (Trustee & Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Wolf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ibew347benefits.com

Where can I find the form 990 for Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees?

Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ibew347benefits.com

Learn more at the official website: www.ibew347benefits.com

Mission Statement of Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees

Ibew Local Union 347 & Neca Chapter of Neca Board of Trustees, a collectively bargained, multi-employer plan, was established with a mission to provide medical, dental, short-term disability benefits, prescriptions, and death benefits to eligible participants and their dependents in the Central Iowa electrical industry. The organization takes pride in offering these essential health and welfare benefits to the community it serves.

The trust, which is the backbone of this nonprofit, was designed to ensure access to comprehensive healthcare services for qualified individuals. By pooling resources from various employers in the electrical industry, the trust is able to provide a robust suite of benefits that might not be accessible to each member individually. The plan's focus on the Central Iowa electrical industry illustrates its commitment to serving the specific needs of its community.

In summary, Ibew Local Union 347 & Neca Chapter of Neca Board of Trustees is a dedicated organization that works tirelessly to provide vital health and welfare benefits to eligible participants in the Central Iowa electrical industry. The trust's mission is to collectively bargain and administer a multi-employer plan that covers medical, dental, short-term disability, prescriptions, and death benefits for both participants and their dependents.

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Impact




October, 2024

Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees plays a vital role in supporting the workforce within the Central Iowa electrical industry by providing essential health and welfare benefits. The organization administers a collectively bargained, multiemployer plan that delivers comprehensive medical, dental, and short-term disability benefits, along with prescription coverage and death benefits. This ensures that qualified participants and their dependents receive necessary healthcare services, contributing to the well-being and security of workers in this sector.

By offering these benefits, the organization enhances the overall quality of life for its members, enabling them to focus on their work without the burden of significant healthcare costs. Additionally, it creates a supportive environment that fosters job stability and engagement within the electrical industry, ultimately benefiting the community and economy at large.




This information is meant to be a general summary of Ibew Local Union 347 & Neca Chapter Of Neca Board Of Trustees. 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
$36,098,437 (2022)
Expenses
$30,944,096 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,517,696
  • Program Service Revenue: $33,537,359
  • Gross Receipts: $57,031,828

Assets and Liabilities:

  • Total Assets: $60,628,659
  • Total Liabilities: $38,912,374
  • Net Assets: $21,716,285

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$33,537,359

Organization Details

Founding Year

1953

Principal Officer

Patrick Wells

Main Address

1293 WEST 2200 SOUTH SUITE A, SALT LAKE CITY, UT, 84119

NTEE Category

Code: Y40 - Mutual benefit

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