Ibew Health And Welfare Trust Of Southwest Washington

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

EIN: 237158640 ✦ Spokane, WA ✦ Designated as a 501(c)(9)

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Overview

What is Ibew Health And Welfare Trust Of Southwest Washington?

Ibew Health And Welfare Trust Of Southwest Washington is a nonprofit organization situated in Spokane, Washington. Its primary mission is to extend health and welfare benefits to eligible participants, their dependents, and retirees. With a dedicated workforce of 18 individuals, the trust aims to provide essential support, ensuring the well-being of its members. The organization's operations are centered around providing health and welfare benefits, serving as a vital resource for individuals in need.

Is Ibew Health And Welfare Trust Of Southwest Washington legitimate?

Ibew Health And Welfare Trust Of Southwest Washington is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew Health And Welfare Trust Of Southwest Washington 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 Health And Welfare Trust Of Southwest Washington?

The Ibew Health and Welfare Trust of Southwest Washington's mission is centered around providing health and welfare benefits. This organization strives to extend these benefits to eligible participants, ensuring their well-being and that of their dependents and retirees. The trust's primary objective is to offer health and welfare support, thereby enhancing the quality of life for its beneficiaries.

Who is the CEO of Ibew Health And Welfare Trust Of Southwest Washington?

Nicole Hite is the Chairman of Ibew Health And Welfare Trust Of Southwest Washington.

What is the revenue of Ibew Health And Welfare Trust Of Southwest Washington?

Ibew Health And Welfare Trust Of Southwest Washington's revenue in 2022 was $11,788,089.

Who are the executives of Ibew Health And Welfare Trust Of Southwest Washington and what are their salaries?

There are 18 employees at Ibew Health And Welfare Trust Of Southwest Washington.


Here are 9 key members and their salaries:


Nicole Hite (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim O'Donnell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Bryson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Doyle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Jennings (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Knottingham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Sharp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ubie Stagg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
See Sch O For Compensation (Paid By Related Organizations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Health And Welfare Trust Of Southwest Washington?

Ibew Health And Welfare Trust Of Southwest Washington's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Health And Welfare Trust Of Southwest Washington

Ibew Health and Welfare Trust of Southwest Washington is dedicated to providing health and welfare benefits to its eligible participants. This nonprofit organization's mission is centered around extending these benefits to not only the participants themselves but also their dependents and retirees. By offering these benefits, Ibew Health and Welfare Trust of Southwest Washington aims to support its participants in maintaining their overall well-being. This organization's activities are focused on ensuring that eligible individuals have access to the necessary health and welfare resources, thereby enhancing their quality of life.

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Impact




October, 2024

The IBEW Health and Welfare Trust of Southwest Washington plays a vital role in enhancing the health and well-being of eligible participants and their dependents, as well as retirees in the region. By providing comprehensive health and welfare benefits, the Trust mitigates financial burdens associated with medical expenses, ensuring access to necessary healthcare services. This support fosters a sense of security among members, ultimately leading to improved overall health outcomes.

By focusing on the welfare of its participants, the Trust also contributes to a healthier workforce, reducing absenteeism and increasing productivity. This investment in the well-being of individuals and their families creates a ripple effect that strengthens the community as a whole. Overall, the Trust's impact lies in its commitment to providing essential benefits that promote health equity and enhance quality of life for its members.




This information is meant to be a general summary of Ibew Health And Welfare Trust Of Southwest Washington. 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
$11,788,089 (2022)
Expenses
$8,224,342 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $478,826
  • Program Service Revenue: $11,303,668
  • Gross Receipts: $24,750,855

Assets and Liabilities:

  • Total Assets: $27,375,397
  • Total Liabilities: $5,392,189
  • Net Assets: $21,983,208

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$10,451,522

PARTICIPANT CONTRIBUTIONS

Revenue

$547,764

prescription rebates

Revenue

$152,989

Stop Loss Reimbursement

Revenue

$151,393

Organization Details

Founding Year

1972

Principal Officer

Nicole Hite

Main Address

1322 N Post St, Spokane, WA, 99201

NTEE Category

Code: Y40 - Mutual benefit

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